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Stock Market & Financial Investment News

News Breaks
January 8, 2013
08:27 EDTDISH, TWX, NWSA, VIA, CBS, DIS, DISCA, CMCSADISH 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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June 29, 2015
14:11 EDTCMCSANBCUniversal ending relationship with Donald Trump, LA Times reports
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08:45 EDTDISCADiscovery CEO says convinced company can be cash flow positive on Olympic pact
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08:40 EDTDISCADiscovery awarded all TV, multiplatform rights in Europe for 2018-2024 Olympics
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06:00 EDTDISDisney's outgoing CFO to stay on as advisor, Deadline Hollywood reports
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June 28, 2015
15:40 EDTCMCSA, DIS, TWXUniversal's 'Jurassic World' leads U.S. weekend box office with $54.2M
For the weekend of June 28, Comcast (CMCSA, CMCSK) subsidiary Universal's "Jurassic World" topped domestic box office charts at $54.2M. Disney's (DIS) "Inside Out" landed in second place with $52.1M, while Universal's "Ted 2" came in third with $32.9M. Time Warner (TWX) subsidiary Warner Bros.' "Max" and Fox's (FOX, FOXA) "Spy" took fourth and fifth place at $12.2M and $7.8M, respectively. Data gathered by Rentrak.
June 26, 2015
08:28 EDTDISDisney considers $1B Disneyland expansion in tax deal with Anaheim
The city of Anaheim, California said it is expected to consider an entertainment tax policy for the Disneyland Resort at its July 7 meeting as Walt Disney Parks and Resorts evaluates a significant investment in its existing operations in the Anaheim Resort. Disney is evaluating the addition of new attractions to drive attendance with a potential investment that could be valued at $1B. If Disney decides to move forward, it would have until December 31, 2024, to complete its investment under the proposed agreement. The expansion under consideration requires no City funding or bond financing. The resolution going before the Council extends a nearly 20-year agreement with Disney regarding entertainment tax policy.
June 25, 2015
16:42 EDTDISHFCC Chairman outlines changes to future spectrum auctions
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09:08 EDTDISOn The Fly: Pre-market Movers
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June 24, 2015
19:53 EDTCMCSAComcast to offer EA games over cable box, DSLReports says
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16:20 EDTDISDisney plans semi-annual dividend, says raising dividend 15% annually
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14:46 EDTTWXHBO deal an early sign of Facebook original content plans, says Brean Capital
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13:58 EDTCMCSAChernin, NBCUniversal agree on two year deal, L.A. Times reports
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12:27 EDTTWXHBO to offer free episodes of 'Ballers', 'The Brink' on Facebook, Variety says
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08:25 EDTCBS, CMCSA, DISNetflix on pace to have larger audience than all networks, FBR says
FBR Capital analyst Barton Crockett says that while Netflix (NFLX) is not rated by Nielsen (NLSN), the 10B hours streamed in Q1 reported by the company are equivalent to having a 24-hour rating of 2.6, on par with Disney's (DIS) ABC and Comcast's (CMCSA) NBC. And while ratings at broadcasters are falling on average, Netflix is growing its ratings at a 40%-plus compound annual rate, Crockett tells investors this morning in a research note. At this pace, Netflix in a year will have a larger 24-hour audience than all broadcast networks, he contends. Regarding last night's 7-for-1 stock split announcement, Crockett says the move reflects management's confidence in the "durability of the recent stock surge." For perspective, three years ago Netflix shares were around $60. This morning they are trading up $18.69 to $699.88 in the pre-market. Crockett has an Outperform rating on the streaming service with a $900 price target.
07:43 EDTDISDisney not investing $250M to DraftKings, Re/code reports
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06:15 EDTVIAAlibaba unit partners with Paramount for 'Mission: Impossible,' Reuters reports
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June 23, 2015
13:09 EDTNWSA, DIS, CBS, CMCSAHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
June 22, 2015
15:04 EDTDISH, CMCSAT-Mobile could abandon DISH for Comcast, Forbes contributor says
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13:19 EDTDISMarvel Entertainment wins patent dispute over Spider-Man toy, Variety says
The Supreme Court sided with Disney 's Marvel Entertainment in a case involving a patent on a toy owned by Stephen Kimble that shoots web from pressurized foam string, says Variety. The Court would not overrule precedent and ruled in favor of Marvel Entertainment that a patentee cannot continue to receive royalties for a patent after it expires, added Variety. Reference Link
06:59 EDTCMCSAComcast, NBCUniversal using cross-promotional strategy, NY Times says
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