BofA expects more favorable regulatory backdrop for M&A in media industry in 2025
** Incoming administration of President-elect Donald Trump likely to have more favorable regulatory environment for media and cable M&A, BofA Securities says
** Warner Bros Discovery WBD.O is possibly attractive partner for Comcast's CMCSA.O SpinCo - brokerage
** Cruise ships could be another growth vector for Walt Disney DIS.N; brings brand to new markets - brokerage
** Live Nation Entertainment LYV.N is best positioned to benefit from live entertainment demand; likelihood for a DOJ settlement with LYV has increased - brokerage
** Opening of NBCUniversal's Epic Universe theme park in May 2025 will be a boost for CMCSA; likely lift overall visitation to the Orlando area - brokerage
** BofA says music has potential, but value proposition for Superfans - highly engaged fans who spend above average time on music or music-related products - is uncertain; remains bullish on Spotify SPOT.N
** Cable industry broadband subscriber losses should improve next year vs. 2024 - brokerage
Reporting by Jaspreet Singh in Bengaluru
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