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Fable Media Group: Facing headwinds in the Brazilian market - Redeye

Redeye comments on yesterday’s news from FMG, where it expects to be negatively impacted by reduced commissions from the Brazilian market as operators revise their affiliate agreements to mitigate higher taxes in conjunction with the market’s regulation. Redeye makes downward estimate revisions and adjusts its valuation.

Redeye comments on yesterday’s news from FMG, where it expects to be negatively impacted by reduced commissions from the Brazilian market as operators revise their affiliate agreements to mitigate higher taxes in conjunction with the market’s regulation. Redeye makes downward estimate revisions and adjusts its valuation.
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