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News Breaks | | | | December 17, 2012 | | 12:28 EDT |  | NWSA, CMCSK, DIS, CMCSA | Hulu says will close 2012 with approximately $695M in revenue
Hulu CEO Jason Kilar says on the company's blog that in 2012, it will close the year with approximately $695M in revenue. Hulu’s revenues will have grown over 65%, which is an acceleration over 2011 growth levels. Kilar says "We have more than 3 million paying Hulu Plus subscribers. The number of Hulu Plus subscribers has more than doubled over the past year. Hulu Plus can now be accessed from more than 320 million Internet connected devices in the U.S. Throughout 2012, we aggressively grew our Hulu and Hulu Plus title offerings by over 40%, making us an increasingly valuable partner for our three customers. In 2012, we served more than 1,000 advertisers, 28% more than last year. Our subscription service in Japan continues to ramp. Our content offering has quadrupled over the past 12 months." Reference Link | |
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News For DIS;CMCSA;CMCSK;NWSA From The Last 14 Days Check below for free stories on DIS;CMCSA;CMCSK;NWSA the last two weeks. |
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| May 24, 2013 | | 17:26 EDT | | NWSA | News Corp. to take $1.2B-$1.4B charge in Q4 related to publishing segment
 Subscribe for More Information | | | 15:07 EDT |  | NWSA, DIS | Yahoo submits bid for Hulu, AllThingsD reports
Subscribe for More Information | | | 14:44 EDT |  | NWSA | News Corp. management to meet with JPMorgan
Subscribe for More Information | | | 13:19 EDT | | CMCSA, DIS, NWSA | KKR, Silver Lake to join bidding for Hulu video service, Bloomberg reports
| | | 08:38 EDT | | NWSA | News Corp. adopts stockholder rights plan ahead of split up
News Corporation and the new News Corporation announced that, in advance of their planned separation, the Board of Directors of the company and the current Board of the new News Corporation has each determined to adopt stockholder rights agreements for the company and for new News Corporation, respectively. The rights agreements would expire one year after the date of this announcement, in the case of the company, or one year after the date of the separation, in the case of the new News Corporation. The company said it has considered that there may be significant volume of trading in shares of 21st Century Fox and the new News Corporation around the time of the separation, and for a period thereafter. The rights agreements are intended to protect the stockholders of the company and the new News Corporation from efforts to obtain control of such companies that their respective Boards of Directors determine are not in the best interests of the companies and their respective stockholders, News Corp. said. | | | 08:35 EDT | | NWSA | News Corp. board approves separation of businesses, stock buyback after split
News Corporation announced that the separation of News Corporation into two distinct publicly traded companies, 21st Century Fox and the new News Corporation, has been formally approved by the company’s Board of Directors. The company also announced appointments to the Boards of Directors of both companies, effective upon the completion of the separation, which is expected to occur on June 28. In connection with the separation, the company’s Board has approved the distribution of all shares of the new News Corporation to the company’s stockholders in a ratio of one share of the new News Corporation for every four shares of News Corporation. Furthermore, the Board authorized a $500M stock repurchase program for the new News Corporation following completion of the separation. | | | 07:11 EDT | | NWSA, DIS | Hulu attracts several bidders, Reuters reports
Subscribe for More Information | | | 06:10 EDT | | DIS, NWSA | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | May 23, 2013 | | 15:39 EDT | | NWSA | News Corp. to host investor day
Subscribe for More Information | | | May 22, 2013 | | 07:29 EDT | | CMCSA | Xbox won't hurt pay TV companies in near-term, AllThingsD says
Subscribe for More Information | | | | 07:24 EDT | | CMCSA | NetEvents International to host a summit
Subscribe for More Information | | | May 21, 2013 | | 12:58 EDT | | DIS | Disney's ESPN cuts less than 6% of workforce, Bloomberg reports
Disney's (DIS) ESPN unit laid off less than 400 workers today as part of a companywide cost-cutting effort, Bloomberg reports, citing a person with knowledge of the situation. The cuts amount to less than 6% of ESPN’s 7,000 employees, the report adds. Reference Link | | | 06:52 EDT | | CMCSA | Video on demand from cable companies becoming more popular, NY Times says
Subscribe for More Information | | | May 20, 2013 | | 13:45 EDT | | CMCSA | Comcast's NBC names new news president
Subscribe for More Information | | | May 19, 2013 | | 16:41 EDT | | DIS | Viacom's 'Into Darkness' tops Disney's “Iron Man 3” at box office, WSJ says
Subscribe for More Information | | | May 17, 2013 | | 15:51 EDT | | CMCSA, NWSA, DIS | DirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link | | | 15:26 EDT | | DIS, CMCSA, NWSA | DirecTV considering acquisition of Hulu, Dow Jones reports
Subscribe for More Information | | | 06:23 EDT |  | DIS | Disney downgraded to Neutral from Overweight at Atlantic Equities
Subscribe for More Information | | | May 16, 2013 | | 13:46 EDT | | DIS | Disney's ESPN acquires rights to tennis' U.S. Open beginning 2015
Subscribe for More Information | | | 09:24 EDT | | CMCSA | Amazon.com expands content licensing agreement with NBCUniversal
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