Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Last August, 21st Century Fox, recently spun-out of Rupert Murdoch’s News Corp held an investor day. One of the slides they put up was titled ‘Why Sports Matters’ and included the quote that ‘43% of adults are hooked on pay TV because of sports’. As an analyst and investor, whenever I see the word ‘hooked’ I start to pay particular interest. Profits often follow…
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