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Stock Market & Financial Investment News

News Breaks
October 12, 2012
06:29 EDTDIS, CMLS, CBSCumuls Media to drop ESPN radio for CBS Sports in 47 stations, NY Post reports
Cumulus Media (CMLS) will drop ESPN (DIS) programming from 47 stations to pick up rival CBS (CBS) Sports radio, reports the New York Post. Cumulus also plans to syndicate CBS to other independent stations. Reference Link
News For DIS;CBS;CMLS From The Last 14 Days
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May 28, 2015
10:02 EDTDISSandvine: Netflix accounts for 36.5% of peak Internet traffic, Variety reports
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07:23 EDTCBS, DISBig four networks aim to own more of their programs, WSJ reports
The percentage of shows that the big four television networks own or have a stake in has risen in recent years as owning shows has become a priority due to lucrative rerun and cross platform rights, said The Wall Street Journal. Walt Disney’s (DIS) ABC will own or have a stake in almost 70% of its coming schedule, compared with 48% in 2010, while Fox (FOXA), CBS (CBS) and Comcast’s (CMCSA) NBC will also own or have stakes in the majority of their lineups' shows, the report noted. Reference Link
05:57 EDTDISGoPro CEO says media business 'a lot like Disney,' Re/code reports
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May 27, 2015
13:22 EDTCBSCBS CEO says hasn't looked at bidding for soccer rights
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13:18 EDTCBSMoonves says 'nobody surprised' by Charter deal for Time Warner Cable
Moonves said he expects Charter's (CHTR) proposed purchase of Time Warner Cable (TWC) will face less regulatory challenge than the proposed Comcast (CMCSA) deal for TWC did. CBS (CBS) CEO Les Moonves is speaking on CNBC.
13:14 EDTCBSCBS CEO says 'not objecting' to Verizon 'skinny bundle' plans
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13:13 EDTCBSCBS CEO says in early talks with Apple on inclusion in Apple TV offering
CBS (CBS) CEO Les Moonves is speaking on CNBC.
13:12 EDTCBSCBS says network will 'probably' sign up for Apple TV service, TechCrunch says
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06:02 EDTDISCMGE enters into cooperation with Disney to publish Star Wars: Commander
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May 26, 2015
07:07 EDTDISDisney price target raised to $115-$129 from $113-$118 at Wells Fargo
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May 25, 2015
12:50 EDTDISDisney's 'Tomorrowland' leads U.S. weekend box office with $32.2M
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May 21, 2015
12:52 EDTDISESPN and StubHub agree to content distribution deal, Variety reports
Disney's (DIS) ESPN has agreed to a content distribution deal with eBay's (EBAY) StubHub, reports Variet. Terms of the deal were not disclosed. ESPN plans to feed scores, team stats and articles to StubHub's app, a feature that will be available in the U.S., the U.K. and Canada. Reference Link
May 19, 2015
08:11 EDTDISVerizon CFO says customers 'tired of paying for 300 channels'
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06:29 EDTDIS21st Century Fox expects to continue investing in TV, Deadline reports
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May 17, 2015
15:37 EDTDISUniversal's 'Pitch Perfect 2' leads U.S. weekend box office with $70.3M
For the weekend of May 17, Comcast (CMCSA, CMCSK) subsidiary Universal's "Pitch Perfect 2" topped domestic box office charts at $70.3M. Time Warner (TWX) subsidiary Warner Bros.' "Mad Max: Fury Road" landed in second place with $44.4M, while Disney's (DIS) "Avengers: Age Of Ultron" came in third with $38.8M. Warner Bros.' "Hot Pursuit" and Universal's "Furious 7" took fourth and fifth place at $5.8M and $3.6M, respectively. Data gathered by Rentrak.
May 14, 2015
14:46 EDTDISDisney CEO Robert Iger reports sale of ~291K shares of stock
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