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Stock Market & Financial Investment News

News Breaks
April 8, 2013
07:10 EDTCMCSA, NWSA, DIS, CBS, DISHTV broadcast industry faces technology threat, Reuters reports
Two fledgling technologies, from Aereo and Dish’s (DISH) Hopper, could dramatically reshape the $60B-a-year TV broadcast industry as they challenge the business model that has helped keep broadcasters on the lucrative end of the media spectrum, reports Reuters.Reference Link
News For CMCSA;NWSA;DIS;CBS;DISH From The Last 14 Days
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August 28, 2014
07:30 EDTCBSLIN Media, CBS renew network affiliation agreements in 10 markets
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07:26 EDTDISDisney submits patents for drones for entertainment uses, NY Post says
Disney has filed three patents for entertainment strategies that employ drones, such as the use of unmanned flying vehicles to move giant puppets, according to The New York Post. Reference Link
August 27, 2014
11:56 EDTCMCSANY Governor Cuomo orders investigation of Time Warner Cable outage
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August 26, 2014
14:45 EDTDISESPN says Verizon signs deal to carry SEC Network
Verizon (VZ) FiOS has signed an agreement to carry the SEC Network and expects to begin airing it prior to Aug. 28, Disney's (DIS) ESPN announced. The deal also includes live viewing rights and additional live and on-demand content scheduled for SEC Network + across other platforms like smartphones, tablets and laptops. In addition, the deal also includes rights for the FiOS Mobile app, which will be available to FiOS customers in the near future. Terms of the deal were not disclosed.
10:51 EDTCMCSAZoom Telephonics files FCC petition opposing Charter's cable modem policies
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09:35 EDTCMCSA, DISNetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
07:08 EDTDISHDISH names Warren Schlichting to lead programming, media sales
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August 25, 2014
19:00 EDTCMCSA, DISHDISH Network petitions FCC to deny Comcast, Time Warner merger
Citing irreparable harm to competition and consumers, DISH Network (DISH) petitioned the Federal Communications Commission, or FCC, to deny the merger of Comcast (CMCSA) and Time Warner Cable (TWC). The petition to deny outlines, among other things, the critical role high-speed broadband plays in the video industry and the potential for the merger to significantly damage competitive development of over-the-top video and limit consumer access to online video programming.
11:06 EDTDISHDISH evaluating bid for T-Mobile, says dealReporter citing sources
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10:44 EDTCBSGray Television renewal with CBS removes overhang, says Wells Fargo
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08:31 EDTCBSCBS, Gray Television sign affiliation deal
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06:20 EDTCMCSAFCC seeks more data from Comcast regarding TWC deal, Reuters says
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August 22, 2014
07:06 EDTDISHDISH CFO Robert Olson to retire on October 15
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05:58 EDTCMCSAComcast launches streaming TV services for college campuses, WSJ reports
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05:28 EDTDISHSoftbank capital raise could be used for acquisitions, Bloomberg says
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August 21, 2014
06:20 EDTCBSCBS seeking bigger share of pay-television revenue from affiliates, WSJ reports
CBS last week stripped an Indianapolis station of its affiliation due to a fee disagreement as it seeks a bigger share of pay-television revenue, reports the Wall Street Journal. The Indianapolis station's owner LIN Media (LIN) was set to be acquired by Media General (MEG) for $1.6B this year, but Media General cut its acquisition price Wednesday by 7%, or more than $100M, with the move from CBS cited as one of the reasons. According to Gabelli & Co., the lack of a CBS affiliation may cost the statio tens of millions of dollars in annual revenue to decline. Reference Link
August 17, 2014
20:16 EDTCMCSAFCC must decide on TWC arrangement as it reviews Comcast deal, WSJ says
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15:42 EDTDISParamount's 'Ninja Turtles’ holds on to box office lead, Bloomberg says
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August 15, 2014
07:38 EDTCMCSAComcast met with FCC this week to argue for deal, NY Post says
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06:03 EDTCBSCBS, Cumulus, MDC oversold after Q2 results, says Piper Jaffray
Piper Jaffray says ad-related stocks CBS (CBS), Cumulus Media (CMLS) and MDC Partners (MDCA) are oversold following the Q2 reporting season. Piper expects the ad market to turn around in Q3 and accelerate in Q4.
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