Submitted by [deleted] t3_z7gyrz in wallstreetbets
MyPeePeeReversed t1_iy6l6tu wrote
The most popular sport in the world. Yet you think because Qatar doesn't wave the pride flag, FIFA viewership will crash.
In reality because Telemundo and Fox paid a ton for broadcasting rights, they will experience the highest viewership regarding their sport viewership segment.
You need to think about the target audience. Majority of sport viewers in general are not LGTBQ, rather they are straight men from different ethnicities.
MeemerPLBoy t1_iy6lpfs wrote
Controversy=vievs=stonks
MyPeePeeReversed t1_iy6m3j2 wrote
I guess that's a good summary overall with what's going with Qatar and the rest of the Western nations. But it's only controversial with western nations as the rest of the world do not share western views.
But I doubt it will impact Fox's stock. So many variables for US media companies. News, shows, website, ad business, subscriptions for Live TV etc.
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