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Stock Market & Financial Investment News

News Breaks
May 15, 2014
06:43 EDTCBS, TWXCBS and TBS to keep programming stable, NY Times reports
CBS (CBS) and Time Warner's (TWX) TBS are opting to keep their programming largely stable next season because viewers and advertisers have reacted favorably to their shows, executives said, according to The New York Times. On the other hand, Time Warner's TNT will take "smart risks," attempting to add thrilling dramas that appeal to younger audiences, the newspaper quoted a Time Warner programming executive as saying. Reference Link
News For CBS;TWX From The Last 14 Days
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October 30, 2014
09:00 EDTTWX, CBSTime Warner Cable not concerned about other companies eating into business
In light of announcements from HBO (TWX) and CBS (CBS) for stand-alone streaming services, the company said it is more intrigued and more than prepared to work with video programmers to provide better video propositions.
08:23 EDTTWXMurdoch sees HBO online service doing 'fine' to start, WSJ reports
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06:34 EDTTWXHBO sees opportunity to offer streaming option through Apple TV, Xbox, WSJ says
According to sources, HBO, a unit of Time Warner (TWX), is currently examining methods to offer consumers a standalone streaming video service, including as an add-on to broadband packages or through Apple TV (AAPL), Microsoft's (MSFT) Xbox, Amazon (AMZN) devices, or Roku, reports the Wall Street Journal. Reference Link
October 29, 2014
13:50 EDTCBSFCC chairman wants to give Internet video providers access to more content
FCC. Chairman Tom Wheeler yesterday proposed allowing Internet video providers to show some content previously available only on cable and broadcast TV. Internet video providers could offer "many different kinds of multichannel video packages designed for different tastes and preferences." Wheeler added. Netflix (NFLX) provides Internet video content, while Comcast (CMCSA) and Cablevision (CVC) provide cable TV services. Broadcast TV providers include CBS (CBS), Twenty-First Century Fox (FOXA), and Disney (DIS). Reference Link
07:53 EDTCBSCBS added to Franchise Pick List at Jefferies
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October 28, 2014
09:44 EDTTWXTime Warner's HBO to announce layoffs this week, Variety reports
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October 23, 2014
07:53 EDTTWXAlibaba CEO ups Hollywood content pursuit with studio meetings, Bloomberg says
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October 21, 2014
09:55 EDTTWXBlackout not 'game changer' for Time Warner, DISH, says Wells Fargo
Wells Fargo believes the removal of several of Time Warner's (TWX) Turner channels from DISH's (DISH) line-up will not be a "game changer" for either company. Wells notes the majority of Time Warner's affiliate growth comes from TNT and TBS networks, and it does not expect the channel loss to impact DISH's subscriber trends. The firm expects the networks to come back to DISH "eventually."
October 20, 2014
15:40 EDTCBSAmazon in new contract with Simon & Schuster, WSJ reports
Amazon.com (AMZN) and CBS’s (CBS) Simon & Schuster unit have reached a new multi-year print and digital contract that replaces an existing one set to expire in two months, according to The Wall Street Journal, citing people familiar with the situation. Details of the new contract couldn’t be immediately learned, but the report notes that a person close to the talks said that the new deal “is good for both companies” and that Simon & Schuster is “very happy” with the pact. Reference Link
October 19, 2014
11:58 EDTCBSCBS could see 25% gain, Barron's says
CBS shares could be worth around $66.00 at a peer-like-multiple, a gain of 25%, driven by fees from affiliates and Showtime, Barron's contends in a feature article. Reference Link
October 17, 2014
10:58 EDTTWXHBO streaming service may cost around $15 a month, The Information reports
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08:00 EDTTWXHBO may have fight with cable operators over OTT service price, Reuters says
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