|July 15, 2014|
|06:36 EDT||DIS, TWX||NBA seeks to double TV-rights fees from Disney, Time Warner, WSJ reports|
The NBA wants to double the TV-rights fees it receives from ESPN's majority owner Disney (DIS) and Time Warner's (TWX) Turner Broadcasting, the Wall Street Journal reports, citing sources. As the league looks to lock up deals for nationally televised games int he coming months, doubling the payments suggests that any new deals could be worth a total of nearly $15B for the NBA, assuming an eight-year contract. The NBA may also look to split up the NBA Finals between Disney and Turner, so that championship round games would air on channels belonging to both companies, the sources add. Reference Link
News For DIS;TWX From The Last 14 Days
Check below for free stories on DIS;TWX the last two weeks.
|August 31, 2014|
|14:03 EDT||TWX||Sterne Agee to hold a conference|
Media IR Day to be held in Boston on September 3.
|13:50 EDT||TWX||Nomura to hold a conference|
Digital Media Conference 2014 to be held in New York on September 3-4.
|August 29, 2014|
|15:46 EDT||DIS, TWX||Disney jv A&E in talks for Vice Media stake after Time Warner backs out, FT says|
A&E Networks, a joint venture owned by Disney (DIS) and Hearst Corporation, is nearing a deal to pay $250M for 10% stake in Vice Media after the digital media company and Time Warner (TWX) failed to come to terms on a deal, said Financial Times. 21st Century Fox (FOXA) already owns a 5% stake in Vice. Reference Link
|13:15 EDT||TWX||Time Warner ends talks to buy Vice Media stake, NYT says|
Subscribe for More Information
|August 28, 2014|
|07:26 EDT||DIS||Disney 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 26, 2014|
|14:45 EDT||DIS||ESPN 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.
|09:35 EDT||DIS||Netflix 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
|August 25, 2014|
|17:04 EDT||TWX||Time Warner to offer buyouts to 4% of cable unit's staff, Reuters says|
Time Warner's Turner cable division is set to offer buyouts to from 500 to 600 employees or approximately 4% of its staff, says Reuters. Turner is home to cable networks such as CNN, TNT and the Cartoon Network, added Reuters. Reference Link
|August 21, 2014|
|06:00 EDT||TWX||Stocks with implied volatility below IV index mean; TWX WAG|
Subscribe for More Information