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Stock Market & Financial Investment News

News Breaks
July 24, 2013
08:23 EDTFOX, NWSA, BONANews Corp. investment in Bona Film to be held by 21st Century Fox
Bona Film (BONA) announced that the 19.9% equity stake in the company originally purchased in May by News Corp. (NWSA) will now be held by 21st Century Fox (FOX) following News Corp.'s separation of its businesses into two independent publicly-traded companies.
News For BONA;NWSA;FOX From The Last 14 Days
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January 21, 2015
06:17 EDTFOXOverstock to introduce streaming-video service later this year, WSJ reports
Overstock.com (OSTK) is planning to launch a streaming-video service later this year, CEO Patrick Byrne announced at the National Association of Television Program Executives conference, The Wall Street Journal reports. Overstock would compete in the space with Amazon (AMZN), Hulu (DIS, CMCSA, CMCSK, FOXA), Netflix (NFLX), and Time Warner's (TWX) HBO is also planning a standalone online streaming service that will launch this year. The new Overstock service would be tied to the company's $20-per-year Club O membership program and will launch with about 30,000 titles. Reference Link
January 20, 2015
07:25 EDTFOXViacom buys 50% stake in five Indian TV channels, WSJ says
Viacom (VIA, VIAB) is completing a deal with India's Reliance Industries giving it 50% ownership of five Indian TV channels for an undisclosed sum, reports the Wall Street Journal. Competitors including Discovery Communications (DISCA), 21st Century Fox (FOX, FOXA), and AMC Networks (AMCX) are similarly looking towards foreign investment as U.S. consumers move away from traditional cable packages. PricewaterhouseCoopers predicts 16% annual growth in Indian TV revenue over the next five years. Reference Link
06:06 EDTFOXDreamWorks planning to lay off 'substantial' number of staff, LA Times reports
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January 18, 2015
16:46 EDTFOXWarner Bros.' 'American Sniper' takes top spot with $90.2M at box office
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January 15, 2015
18:03 EDTFOXDISH, Fox News reach content carriage agreement
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07:52 EDTFOX'Avatar' sequel pushed back to 2017, AP says
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