Streaming & Digital Media
Streaming & Digital Media covers companies that create, distribute, and monetize video, audio, live events, sports data, and news for internet-connected devices and physical venues. Capital flows to the theme as consumer attention and advertising budgets shift online, subscription models scale globally, and technology reduces the cost of delivering personalized content.
9 of 27 stocks are in a Stage 2 uptrend.
Stocks in this theme
| Ticker | Price | 1M | 3M | 1Y | Stage | Trend | vs 52w high |
|---|---|---|---|---|---|---|---|
| IMAXImax Corp | $54.8 | +7.0% | +35.6% | +69.4% | Stage 2 (re-acceleration) | 7/7 | -2.72% |
| FOXFox Corp | $56.3 | -6.5% | +16.3% | -1.2% | Stage 3 | 3/7 | -16.91% |
| FOXAFox Corp | $62.65 | -7.0% | +15.7% | -0.4% | Stage 3 | 3/7 | -17.68% |
| WBDWarner Bros. Discovery, Inc. | $30.95 | +8.5% | +15.4% | +64.1% | Stage 3 | 6/7 | 0% |
| NWSANews Corp | $28.65 | -6.7% | +11.1% | -5.9% | Stage 2 (continuation) | 6/7 | -8.14% |
| DISWalt Disney Co | $104.9 | -2.5% | +9.6% | -8.6% | Stage 3 | 4/7 | -10.07% |
| ROKURoku, Inc | $152.28 | -3.0% | +8.4% | +52.2% | Stage 2 (continuation) | 7/7 | -4.68% |
| SPOTSpotify Technology S.A. | $487.38 | -10.3% | +3.1% | -33.1% | Stage 4 | 1/7 | -31.09% |
| BATRKAtlanta Braves Holdings, Inc. | $52.94 | +6.8% | +2.5% | +27.9% | Stage 2 (continuation) | 7/7 | -2.49% |
| BATRAAtlanta Braves Holdings, Inc. | $58.03 | +5.5% | +1.9% | +27.1% | Stage 2 (continuation) | 7/7 | -2.65% |
| PSKYParamount Skydance Corp | $10.33 | -5.3% | +1.6% | -45.4% | Stage 1 | 2/7 | -47.03% |
| WMGWarner Music Group Corp. | $27.61 | -2.1% | -0.3% | -17.1% | Stage 4 | 1/7 | -20.48% |
| FWONKLiberty Media Corp | $92.4 | -7.5% | -6.1% | -11.4% | Stage 1 | 5/7 | -14.71% |
| NFLXNetflix Inc | $69.58 | -14.2% | -6.2% | -42.3% | Stage 4 | 0/7 | -43.95% |
| FWONALiberty Media Corp | $84.63 | -8.1% | -6.4% | -11.2% | Stage 1 | 5/7 | -14.8% |
| LYVLive Nation Entertainment, Inc. | $169.3 | -5.9% | -8.0% | +3.0% | Stage 2 (re-acceleration) | 7/7 | -10.17% |
| TMETencent Music Entertainment Group | $7.93 | -4.1% | -8.4% | -66.6% | Stage 4 | 0/7 | -66.55% |
| MANUManchester United plc | $20.95 | -3.7% | -8.9% | +36.0% | Stage 1 | 7/7 | -13.39% |
| LLYVKLiberty Live Holdings, Inc. | $97.25 | -6.1% | -9.3% | +0.6% | Stage 1 | 5/7 | -10.67% |
| GENIGenius Sports Ltd | $5.73 | -22.8% | -9.9% | -56.3% | Stage 4 | 2/7 | -57.33% |
| NXSTNexstar Media Group, Inc. | $161.57 | -11.3% | -10.9% | -18.4% | Stage 4 | 0/7 | -36.3% |
| TKOTKO Group Holdings, Inc. | $179.72 | -1.6% | -11.2% | -8.2% | Stage 4 | 1/7 | -20.11% |
| NYTNew York Times Co | $63.7 | -5.3% | -11.3% | +11.1% | Stage 1 | 2/7 | -25.81% |
| CMCSAComcast Corp | $21.76 | -19.6% | -11.4% | -26.8% | Stage 4 | 0/7 | -33% |
| ECHOEchoStar CORP | $89.41 | +3.4% | -11.4% | +21.4% | Stage 4 | 2/7 | -36.95% |
| SIRISirius Xm Holdings Inc. | $25.88 | -8.1% | -13.6% | +14.0% | Stage 1 | 5/7 | -20.59% |
| SPHRSphere Entertainment Co. | $134.44 | -1.4% | -20.5% | +116.4% | Stage 1 | 6/7 | -23.78% |
Deep dive
The theme includes pure-play streamers, platform operators, content studios, music and audio services, live-event promoters and venue owners, sports rights and data firms, and legacy broadcasters adapting to digital delivery. Examples include on-demand video platforms, connected-TV aggregators, music streaming services, stadium and arena owners, and news publishers converting readers into subscribers. This mix reflects the move from time-bound broadcasting to direct-to-consumer and on-demand distribution across phones, TVs, cars, and venues.
Demand drivers combine technology and changes in consumer behavior. Higher broadband speeds, widespread smart TV and mobile adoption, and app store distribution make on-demand delivery practical. Recommendation systems and addressable ad technology improve content discovery and monetization. At the same time, live sports and concerts remain in-person experiences that command premium pricing, while rights holders look to extract additional value through streaming, licensing, and data sales.
The value chain splits into content creation, rights ownership, distribution platforms, advertising and subscription monetization, and venue or hardware operators. Studios and labels produce shows, films, and music; sports clubs and leagues control match rights and related media; aggregators and device makers distribute streams to users; adtech and subscription systems handle revenue capture; promoters and venue owners manage live events and ancillary sales. Some firms appear in multiple roles, combining content libraries with direct distribution or ticketing and venue operations with media rights.
Whether the theme continues to attract capital depends on several factors. Profitability hinges on the gap between content and rights costs versus subscription and ad revenue, while subscriber growth and churn determine long-term scale. Advertising market cycles and regulation of platform and licensing practices affect revenue mix. Technology reliability, user experience, international expansion, and the ability to diversify revenue through merchandise, ticketing, licensing, and data sales shape resilience. Competition and consolidation will influence pricing power across content owners and distribution platforms.