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June 29, 2014
19:59 EDTFOXA, DIS, CMCSA, CBSAereo decides to pause operations temporarily
Chet Kanojia, Aereo’s CEO, said in a letter to customers: "A little over three years ago, our team embarked on a journey to improve the consumer television experience, using technology to create a smart, cloud-based television antenna consumers could use to access live over the air broadcast television. On Wednesday, June 25, the United States Supreme Court reversed a lower court decision in favor of Aereo, dealing a massive setback to consumers. As a result of that decision, our case has been returned to the lower Court. We have decided to pause our operations temporarily as we consult with the court and map out our next steps. All of our users will be refunded their last paid month." Reference Link
News For CBS;DIS;FOXA;CMCSA From The Last 14 Days
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October 9, 2015
08:20 EDTCBS, FOXA, CMCSA, DISTop quality video content to outperform, says Pacific Crest
Pacific Crest predicts that companies with top quality video content will outperform, taking share from those with mid-range content. It identifies this trend as positive for Netflix, AMC Networks (AMCX), Time Warner (TWX), Disney (DIS), CBS (CBS), and 21st Century Fox (FOXA). According to the firm, this trend is negative for Viacom (VIAB), Scripps Networks (SNI), Discovery (DISCA), and Comcast (CMCSA)
08:14 EDTCMCSAOutlook for video distributors mixed, says Pacific Crest
Pacific Crest believes that the shift to Internet video will accelerate, likely creating high profits for "the largest and most differentiated" TV distribution players. It identifies current trends as positive for Netflix (NFLX), Google (GOOG, GOOGL) and Apple (AAPL). It predicts that Comcast (CMCSA), DISH (DISH), AT&T (T), Time Warner Cable (TWC), and Verizon (VZ) will be hurt by the current trends.
07:10 EDTFOXA21st Century Fox initiated with an Overweight at Pacific Crest
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October 8, 2015
08:04 EDTDISDisney shares a 'great' investment at current levels, says JPMorgan
JPMorgan analyst Alexia Quadrani says Disney remains her top pick in Media heading into the earnings reporting season. The owner of ABC and ESPN is seeing continued strength across all segments and is positioned for "strong" results, Quadrani tells investors in a research note. She continues to view the stock as a "great investment" at current levels. The analyst reiterates an Overweight rating on Disney with a $130 price target. The stock closed yesterday down 40c to $103.37.
05:50 EDTDISMulti Screen Media, ESPN announce agreement to create digital platform in India
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October 7, 2015
17:09 EDTDISVice in talks to buy cable network, Bloomberg says
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15:14 EDTCMCSA, CBSAmazon considering possible online service for live TV, Bloomberg says
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15:00 EDTCMCSA, CBSAmazon exploring potential online TV service, Bloomberg says
Amazon (AMZN) is said to have reached out to CBS (CBS) and Comcast's (CMCSA) NBCUniversal about online TV, according to Bloomberg.
09:46 EDTCBSConflict grows at Viacom board around chairman's health, WSJ says
Drama in the boardroom at Viacom (VIA) is brewing amid questions about the health of executive chairman Sumner Redstone, the Wall Street Journal says. Redstone has roughly an 80% voting stake in the company, the report says. Redstone's daughter, Shari Redstone, and Viacom CEO Philippe Dauman both have claims to a major position in Viacom following the death of Sumner, the report says. Redstone said in an emailed statement Tuesday that he established a trust decades ago to ensure that his controlling stake in Viacom and CBS (CBS) would be "professionally managed for the benefit of all shareholders" after he is gone, the report says. Reference Link
08:02 EDTCMCSACiti, NBC's TODAY announce multi-year sponsorship
Citi (C) and NBC's (CMCSA) TODAY announced the Citi Concert Series on TODAY, to provide year-round opportunities for millions of Citi customers, TODAY viewers and fans to enjoy live performances by their favorite artists. This new multi-year sponsorship brings together Citi's and TODAY's decades of experience in live entertainment working with thousands of chart-topping artists.
05:58 EDTFOXA, DIS, CMCSAHulu renews, expands programming deal with Viacom, Deadline Hollywood says
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October 4, 2015
18:42 EDTDISDisney considering demand-based pricing for theme parks, WSJ says
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17:39 EDTFOXA'The Martian' soars in box office debut
Science fiction film "The Martian" rocketed to the top of the box office amid widespread critical acclaim. WEEKEND LEADER: Fox's (FOX, FOXA) "The Martian" grossed $55M in its domestic open for the weekend of October 4, beating expectations for $40M-$50M and nearly setting a record for October debuts. Director Ridley Scott's return to science fiction after 1979's "Alien" and the more recent "Prometheus" was applauded by critics and audiences alike, with "Martian" garnering a 94% approval rating on review aggregator Rotten Tomatoes. BOX OFFICE RUNNERS-UP: Sony's (SNE) "Hotel Transylvania 2" stepped down to second place with $33M after last weekend's strong open, while Lionsgate's (LGF) drug cartel thriller "Sicario" earned $12.1M after expanding nationwide, outpacing expectations for $8M-$10M. Rounding out this weekend's Top 5, Time Warner (TWX) subsidiary Warner Bros.' "The Intern" and Fox's "Maze Runner: The Scorch Trials" took in a respective $11.6M and $7.7M.
October 2, 2015
12:43 EDTFOXAFly Watch: 'The Martian' expected to win weekend box office
Fox's (FOX, FOXA) "The Martian," based on the best selling science fiction novel by Andy Weir and starring Matt Damon, is expected to win this weekend's box office with an opening of between $40M-$50M. Sony's (SNE) animated sequel "'Hotel Transylvania 2," which set a record last weekend for a September opening with a $48.5M debut, is estimated to gross in the range of $29M-$31.5M in its second week. Lions Gate's (LGF) drug cartel drama "Sicario," which opened two weeks ago in six theaters and expanded to 59 theaters last week, is expected to take in $8M-$10M in its first weekend expanding nationwide, now playing in about 2,500 theaters. Time Warner (TWX) subsidiary Warner Bros.' comedy "The Intern," starring Robert DeNiro and Anne Hathaway, is estimated to bring in $8.5M-$8.9M in its second weekend. Fox's "Maze Runner: The Scorch Trials" is expected to earn an estimated $7.8M in its third weekend of release. Also new in theaters is Sony subsidiary TriStar's "The Walk," starring Joseph Gordon-Levitt, which opened Wednesday exclusively on 448 IMAX (IMAX) and large-format screens, and is expected to earn $3M through the weekend.
October 1, 2015
16:05 EDTCBSRentrak says all CBS TV owned & operated stations are Rentrak subscribers
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12:54 EDTCBSOptions with increasing call volume
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10:37 EDTDISBofA/Merrill's Top 10 US Ideas for Q4 2015
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09:29 EDTCBSAmazon, CBS announce multi-year, multi-series content licensing agreement
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September 30, 2015
17:53 EDTCMCSANBCUniversal reaches advertising deal with YouTube, WSJ says
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13:33 EDTCMCSAFCC review of Charter-TWC deal likely to extend into 1Q16, CTFN says
The FCC's review of Charter Communications' (CHTR) proposed merger with Time Warner Cable (TWC) and Bright House Networks will likely extend into the first quarter of 2016 and could take even longer, CTFN reports, citing an attorney who often deals with telecom issues before the FCC. "...It is virtually impossible for the FCC to complete its review and adopt an order approving the license transfer before 1Q16 and, in my opinion, even getting it done before April 1 is a stretch," Barbara Esbin, a partner at law firm Cinnamon Mueller, told CTFN in an email. Esbin also said that the merger "appears to have drawn none of the heavy flack that felled Comcast (CMCSA)-TWC," a proposal that was nixed by the FCC and DOJ earlier this year, the report says. California utility regulators are also preparing for their own review of the deal since it will particularly effect the southern half of the state, the report says. Reference Link
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