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Stock Market & Financial Investment News

News Breaks
June 20, 2014
13:34 EDTCBS, TWXUnivision may take year or more to decide on potential sale, Reuters says
Univision Communications held preliminary talks with CBS (CBS) and Time Warner (TWX) earlier this year about a potential sale of the Spanish-language broadcaster, but its board could take a year or longer to decide on a possible deal, said Reuters, citing people familiar with the matter. Note that The Wall Street Journal similarly reported a week ago that Univision has had preliminary talks with CBS and Time Warner. Reference Link
News For CBS;TWX From The Last 14 Days
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September 30, 2014
11:54 EDTCBSFCC eliminates sports blackout rules
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06:28 EDTTWXAs DreamWorks talks slow, Softbank mulls Legendary, Hollywood Reporter says
Even though Softbank (SFTBF) has slowed its deal discussions with DreamWorks Animation (DWA), it is looking to make an investment in Thomas Tull's Legendary Pictures studio, according to the Hollywood Reporter, citing sources. The sources said that the Japanese company has been talking with Legendary for several weeks. Legendary has co-financed films with Time Warner's (TWX) Warner Bros Entertainment. Reference Link
06:25 EDTTWX, CBSFCC asks media companies for Comcast contract details, WSJ reports
The FCC is pushing for media companies to submit details of their programming agreements with Comcast (CMCSA) ahead of the company's merger with Time Warner Cable (TWC), reports the Wall Street Journal. Citing a person familiar with the matter, the FCC believes the documents contain information that would be relevant in its review. Officials from media companies including CBS (CBS), 21st Century Fox (FOXA), Disney (DIS), Discovery (DISCA), Time Warner (TWX) and Viacom (VIA;VIAB) met with FCC staff earlier this month to voice concerns about releasing highly confidential materials. Reference Link
September 25, 2014
17:50 EDTTWXCompanies receive U.S. information requests on Comcast-TWC deal, Bloomberg says
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September 24, 2014
06:59 EDTTWXCNN look to debut more original series in primetime this fall, Variety reports
Time Warner's CNN plans to place a greater emphasis on original series in primetime, anticipating 12 original series in 2015, reports Variety. In a Tuesday lunch meeting with journalists, CNN Worldwide President said the original series is “the source of a lot of conversation at CNN. We have had a lot of success in this area... There are a number of people internally who think we should push more into this arena.” Reference Link
September 23, 2014
08:40 EDTTWXTime Warner defends HBO strategy amid Wall Street speculation, LA Times reports
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08:06 EDTCBSCBS near-term volatility will create opportunity, says Wells Fargo
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September 22, 2014
06:44 EDTTWX'The Maze Runner' leads weekend box office sales with $32.5M, WSJ reports
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06:41 EDTTWXTime Warner's Warner Bros. struggling, NY Times says
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September 19, 2014
06:15 EDTTWXTime Warner price target raised to $89 from $76.69 at Citigroup
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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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06:36 EDTTWXWarner Bros. could cut up to 1,000 jobs, Variety reports
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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.
13:57 EDTTWXTNT obtains network television premiere rights to five upcoming Marvel films
Turner Network Television, or TNT, a subsidiary of Time Warner, has obtained the network television premiere rights to five upcoming Marvel Studios films, including "Avengers: Age of Ultron," and "Captain America 3." Each of the five films is tentatively scheduled to premiere on TNT a little over two years after its theatrical release. Reference Link
09:04 EDTTWXAmericas Media ad growth estimates lowered at Nomura
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