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Stock Market & Financial Investment News

News Breaks
January 8, 2013
08:27 EDTDISH, DIS, NWSA, CMCSA, CBS, TWX, DISCA, VIADISH rolls out another feature sure to upset TV networks, AllThingsD says
DISH Network (DISH) unveiled several improvements for its “Hopper” service at the CES, including one that will let customers watch any show they’ve paid to see, on any device and at any time, which is like the "TV Everywhere" plan the TV industry has been trying to roll out, reported AllThingsD. DISH, however, did not ask the TV networks and pay TV providers for buy-in or permission and appears prepared to go to court again to defend the feature, the report noted. Reference Link
News For DISH;DIS;NWSA;CMCSA;CBS;TWX;DISCA;VIA From The Last 14 Days
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September 18, 2014
06:36 EDTTWXWarner Bros. could cut up to 1,000 jobs, Variety reports
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September 17, 2014
17:48 EDTNWSANews Corp opposed Google EC settlement offer
Early last week, in a letter to European Commissioner for Competition Joaquín Almunia, News Corp (NWS, NWSA) CEO Robert Thomson opposed Google’s (GOOG) settlement offer with the European Commission, or EC, saying the internet giant is “willing to exploit its dominant market position to stifle competition.” Thomson said News Corp also opposed the proposed five year term of a settlement, noting that “five years is an eternity in internet time.” Citing Google’s “egregious aggregation” of content, Mr. Thomson said that, along with serious commercial damage, there is a “profound social cost” to Google’s actions. “The internet should be a canvas for freedom of expression and for high quality content of enduring value. Undermining the basic business model of professional content creators will lead to a less informed, more vexatious level of dialogue in our society.” "Your decision to reconsider Google's settlement offer comes at a crucial moment in the history of the free flow of information and of a healthy media in Europe and beyond," Mr. Thomson wrote.
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.
15:50 EDTDISHDISH, DirecTV support committee passage of STAVRA legislation
DIRECTV (DTV) and DISH (DISH) issued the following statement regarding the passage of the Satellite Television Access and Viewer Rights Act, or STAVRA, out of the Senate Committee on Commerce, Science, & Transportation: "We thank Chairman Rockefeller, Ranking Member Thune and the rest of the Senate Commerce Committee for passing bipartisan legislation that makes important reforms to the outdated laws governing today’s video market, while ensuring continuity of service to more than 1.5M distant signal subscribers who would, otherwise, lose service at the end of this year. We look forward to working with Congressional leadership to see this reauthorization swiftly passed into law, and also look forward to continuing the important discussion regarding retransmission consent reform, and in particular protecting consumers from local channel blackouts.”
15:03 EDTDISCADiscovery near deal with Hasbro for control of 'The Hub' jv, WSJ says
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14:29 EDTDISCADiscovery near deal with Hasbro for control of 'The Hub' jv, DJ says
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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
13:08 EDTDISDisney sees digital ownership up 37% year to date
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09:04 EDTTWX, DISCAAmericas Media ad growth estimates lowered at Nomura
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September 16, 2014
13:50 EDTCMCSAComcast says will reveal capital plan at close of Time Warner Cable deal
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13:40 EDTCMCSAComcast says still expects Time Warner Cable deal to close in 2015
13:38 EDTCMCSAComcast says 'everything on track' with Time Warner Cable deal
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11:42 EDTCMCSATime Warner Cable sees Comcast deal closing early FY15
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11:05 EDTCBSJury finds CBS infringed on podcasting patent, ArsTechnica reports
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07:27 EDTDISCA, CMCSA, DIS, CBSBofA/Merrill to hold a conference
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07:19 EDTDISCompanies' share buybacks at fasttest clip since 2007, WSJ reports
Companies are buying back their own shares at its fastest pace since the financial crisis to fuel a stock rally, reports the Wall Street Journal. According to Birinyi Associates, companies have bought back $338.3B of stock in 1H14, the most since 2007. Citing an analysis by Barclays, companies with the largest buyback programs by dollar value have outperformed the broader market by 20% since 2008. Reference Link
07:05 EDTDISHDISH, Scripps expand programming, digital rights in deal renewal
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05:56 EDTCMCSAIAC names NBCU Cable Entertainment Chairman Bonnie Hammer to board
IAC (IACI) yesterday announced the appointment of Bonnie Hammer to the company's Board of Directors, effective September 12. Hammer serves as Chairman, NBCUniversal Cable Entertainment (CMCSA), where she leads NBCUniversal's entire cable entertainment portfolio including USA, Syfy, E! Entertainment, Bravo, Oxygen, Esquire Network, Sprout, Chiller and Cloo, as well as production entities Universal Cable Productions and Wilshire Studios.
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