Rentrak weakness a buying opportunity, says Brean Capital Brean Capital views any weakness in Rentrak following its Q4 results as a buying opportunity. The firm sees no change to their investment thesis as they see continued growth in TVEssentials and the need to shift advertising to on-demand content. The firm lowered its price target on the stock to $72 from $74 but maintains its Buy rating.
Rentrak announces agreement with Fox Networks Group Rentrak announced an agreement with the Fox Networks Group, or FNG, that expands its existing relationship to include linear TV ratings measurement and single source consumer data reporting. FNG's FOX Broadcasting, FX Networks and National Geographic Channels will access Rentrak's complete TV ratings measurement insights including its advanced demographic to help transform the valuation and monetization of its media inventory.