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Stock Market & Financial Investment News

News Breaks
June 30, 2014
06:36 EDTFOXA, CMCSA, SSP, GTN, SBGI, CBS, DISTV broadcasters still facing many streaming competitors, NY Times reports
After the Supreme Court ruled that Aereo's TV streaming service violates copyright laws, TV broadcasters still face an array of streaming competitors, The New York Times stated yesterday. One competitor, Simple.TV, sells customers an antenna and a $199 box that allows them to record programs on a hard drive, the newspaper stated. TV network owners include CBS (CBS), Disney (DIS), 21st Century Fox (FOXA), and Comcast (CMCSA). TV station owners include The E.W. Scripps Company (SSP) , Gray Television (GTN), and Sinclair Broadcast Group (SBGI).Reference Link
News For CBS;DIS;FOXA;CMCSA;SSP;GTN;SBGI From The Last 14 Days
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September 24, 2014
12:29 EDTFOXA20th Century Fox signs TV deal with Canadian Shomi, The Hollywood Reporter says
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12:29 EDTDISHasbro Princess deal positive, says Wells Fargo
After Hasbro announced that beginning in 2016 it would have the global (ex Japan) Disney (DIS)Princess doll license, Wells Fargo thinks that Hasbro has added a premier, established global license that increases the visibility of its results and significantly strengthens its girls business. The firm thinks the deal will cause Hasbro's multiple to expand further, and it keeps an Outperform rating on the shares.
12:14 EDTCMCSANetflix responds to Comcast's extortion claims, Variety reports
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10:02 EDTDISHasbro announces strategic merchandising relationship with Disney
Hasbro (HAS) announced a new strategic merchandising relationship with Disney (DIS( Consumer Products for the globally popular Disney Princess and Frozen properties. The agreement gives Hasbro global rights, excluding Japan, to develop dolls based on Disney Princess stories and characters including Cinderella, Beauty and The Beast, and The Little Mermaid as well as Frozen beginning in 2016.
09:17 EDTCMCSAComcast accuses TWC deal opponents of extortion, Re/code reports
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09:05 EDTFOXAOn The Fly: Pre-market Movers
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07:43 EDTCMCSAARRIS and Comcast trial ew RDK software in broadband modems
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05:57 EDTFOXAStarz hires investment bank to explore sale, WSJ reports
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05:51 EDTFOXAStarz met with 21st Century Fox about takeover, LA Times reports
Starz (STRZA) met with 21st Century Fox (FOXA) on Tuesday to discuss a potential takeover of the cable movie service, Los Angeles Times reports, citing three people familiar with the meeting. No deal may materialize and Fox took the meeting as a courtesy, the paper adds, citing a source. Reference Link
September 23, 2014
11:29 EDTFOXATribune Co. says talks with Fox on Seattle affiliation continue
Tribune Media (TRBAA) and Twenty-First Century Fox (FOXA) have been conducting ongoing discussions regarding Tribune's Fox affiliation in Seattle, KCPQ, Tribune said. "Throughout the course of this dialogue, which is ongoing, a variety of alternatives have been discussed and there is no resolution at this time. Fox has sent to Tribune a notice of termination of the Seattle affiliation agreement effective January 17, 2015. Nonetheless, we are continuing to engage in discussions with Fox and moreover have prepared for all operational and economic possibilities for our Seattle Fox station. We are confident that our remaining thirteen Fox affiliates will remain unaffected based on regulatory and contractual constraints," Tribune reported. KCPQ contributed approximately $13M in EBITDA in FY13 for Tribune.
08:06 EDTCBSCBS near-term volatility will create opportunity, says Wells Fargo
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September 22, 2014
10:31 EDTDISDisney's "The Lion King" becomes highest grossing Broadway show, Deadline says
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06:44 EDTCMCSA, FOXA'The Maze Runner' leads weekend box office sales with $32.5M, WSJ reports
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September 21, 2014
13:37 EDTDISDisney attempts to expand to Indian film market with Khoobsurat release, FT says
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September 18, 2014
06:37 EDTCBSCBS head looks to reduce radio assets within 12 months, Reuters says
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September 17, 2014
17:19 EDTCBSCBS CEO says online ads not cannibalizing broadcast TV ads
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16:58 EDTCBSCBS CEO says Ray Rice scandal may have increased ratings
16:51 EDTCBSCBS CEO says could offer similar product to HBO Go in Europe
Les Moonves is speaking at the Bank of America conference.
13:08 EDTDISDisney sees digital ownership up 37% year to date
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06:13 EDTFOXASky Deutschland tells investors to reject BSkyB offer
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