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Stock Market & Financial Investment News

News For DISH;DIS From The Last 14 Days
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July 23, 2015
05:59 EDTDISEU sends Statement of Objections to Sky, U.S. film studios
The European Commission has sent a Statement of Objections to Sky UK (SKYAY) and six major U.S. film studios: Disney (DIS), NBCUniversal (CMCSA), Paramount Pictures (VIA), Sony (SNE), Twentieth Century Fox (FOXA) and Warner Bros (TWX). The Commission takes the preliminary view that each of the six studios and Sky UK have bilaterally agreed to put in place contractual restrictions that prevent Sky UK from allowing EU consumers located elsewhere to access, via satellite or online, pay-TV services available in the UK and Ireland. Without these restrictions, Sky UK would be free to decide on commercial grounds whether to sell its pay-TV services to such consumers requesting access to its services, taking into account the regulatory framework including, as regards online pay-TV services, the relevant national copyright laws. If the Commission's preliminary position were to be confirmed, each of the companies would have breached EU competition rules prohibiting anti-competitive agreements. The sending of a Statement of Objections does not prejudge the outcome of the investigation. These antitrust investigations focus on contractual restrictions on passive sales outside the licensed territory in agreements between studios and broadcasters.
July 22, 2015
19:40 EDTDISHDISH executive says auction strategy 'complied with all legal requirements'
In response to the FCC's proposal to deny roughly $3.3B in spectrum auction discounts, DISH EVP and general counsel R. Stanton Dodge stated, "We respectfully disagree with the proposed denial of the bidding credits. Our approach to the AWS-3 auction, which followed 20 years of FCC precedent and complied with all legal requirements, was intended to enhance competition -- in the auction and in the marketplace long term. Our investments in NorthStar and SNR helped make the AWS-3 auction the most successful spectrum auction in FCC history, and resulted in more than $20B of direct benefit to the American taxpayer." Reference Link
17:35 EDTDISHDISH meets with FCC, says draft order would deny $3.3B in auction discounts
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12:27 EDTDISTime Warner's HBO lands sports commentator Bill Simmons
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12:21 EDTDISTime Warner's HBO announces multiyear deal with Bill Simmons
Bill Simmons left Disney's (DIS) ESPN earlier this year.
July 21, 2015
18:11 EDTDISHHarbinger Capital sues DISH over LightSquared, Reuters reports
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12:43 EDTDISEarnings Watch: Analysts expect GoPro to beat expectations in Q2
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July 20, 2015
19:34 EDTDISHDISH customers to lose WDIV-TV Local 4
WDIV-TV Local 4 is about to go dark for all DISH (DISH) TV subscribers. WDIV and its parent organization, Graham Media Group, a subsidiary of Graham Holdings (GHC), stated, "The satellite provider has been unwilling to strike a reasonable deal with the local content provider. On Wednesday, July 22 at 7 p.m. subscribers will no longer be able to watch programs like Local 4 News, NBC's Today, NBC Nightly News, The Tonight Show starring Jimmy Fallon, Saturday Night Live, The Voice, The Blacklist, Sunday Night Football and more. DISH charges its subscribers a monthly fee to get these programs, so essentially their estimated 127,000 Detroit area customers will not be getting what they pay for. That includes important local news and weather information in emergency situations from the Local 4 News team."
July 19, 2015
15:43 EDTDISDisney's 'Ant-Man' leads U.S. weekend box office with $58M
For the weekend of July 19, Disney's (DIS) "Ant-Man" topped domestic box office charts at $58M. Comcast (CMCSA, CMCSK) subsidiary Universal's "Minions" landed in second place with $50.2M, while Universal's "Trainwreck" came in third with $30.2M. Disney's "Inside Out" and Universal's "Jurassic World" took fourth and fifth place at $11.7M and $11.4M, respectively. Data gathered by Rentrak.
July 17, 2015
06:13 EDTDISHulu considering ad-free option, WSJ reports
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July 16, 2015
19:27 EDTDISHFCC reforms bidding rules for spectrum auctions, prohibits joint bidding
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19:03 EDTDISHFCC chairman to reject DISH partners' spectrum auction discounts, WSJ says
FCC chairman Tom Wheeler has distributed a draft order finding that certain DISH affiliates will not be eligible for $3.3B in discounts requested as part of a spectrum auction earlier in the year, reports the Wall Street Journal, citing people familiar with the matter. Reference Link
15:31 EDTDISHFCC Chair recommends rejecting DISH partners' auction discounts, WSJ says
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15:04 EDTDISHDISH buyout talks with T-Mobile stalled, Bloomberg reports
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14:58 EDTDISHDISH talks to buy T-Mobile stalled over price and structure, Bloomberg says
10:45 EDTDISHNetflix price targets soar as Bernstein stays bearish
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09:55 EDTDISHRovi trial loss immaterial to estimates, says Piper Jaffray
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05:56 EDTDISHNetflix ruling irrelevant to Rovi contract renewals, says B. Riley
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05:52 EDTDISHRuling in Netflix case a negative for Rovi, says JPMorgan
JPMorgan analyst Sterling Auty says court filings released after yesterday's market close indicate Netflix (NFLX) was granted a motion of summary invalidating all five of the remaining Rovi (ROVI) patents that were being contested. Auty expects Rovi to sell off on the news as investors consider what the ruling may do to the company's upcoming contract renewals with Comcast (CMCSA), Time Warner Cable (TWC), DirecTV (DTV) and DISH (DISH). The "big 4" choosing to litigate against Rovi is "certainly a possibility," but the companies have bigger patent infringement exposures than an over-the-top vendor like Netflix, Auty writes in a research note. He keeps a Neutral rating on Rovi.
July 15, 2015
14:38 EDTDISShanghai Disneyland to open in Spring 2016
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