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Stock Market & Financial Investment News

News Breaks
August 1, 2014
14:01 EDTDISDisney, NCTC announce long-term distribution agreement
The National Cable Television Cooperative and The Walt Disney Company announced a comprehensive multi-year distribution agreement to deliver Disney’s robust lineup of top quality sports, news and entertainment content to participating NCTC members’ customers across TVs, computers, smartphones, tablets, gaming consoles and connected devices. The cable co-op serves nearly 1,000 member companies across the United States. As part of the new multi-year deal, the NCTC will introduce several new services, including the full suite of authenticated WATCH and video-on-demand products, Fusion, the upcoming SEC Network at launch on August 14, Longhorn Network beginning with the 2014-15 college football season, ESPN Goal Line, ESPN Buzzer Beater and ESPN Bases Loaded. Services that will continue to be covered by the broad scope of this agreement include: ABC Family, Disney Channel, Disney Junior, Disney XD, ESPN, ESPN2, ESPNU, ESPN Deportes, ESPNEWS, ESPN Classic and ESPN3. Participating NCTC members’ customers will receive broad access to existing authenticated products like WATCH ABC authenticated on-demand content, WATCH ABC Family, WATCH Disney Channel, WATCH Disney Junior, WATCH Disney XD and WatchESPN (ESPN, ESPN2, ESPN3, ESPNU, ESPN Deportes, ESPNEWS, ESPN Goal Line, ESPN Buzzer Beater and ESPN Bases Loaded) through the networks’ own WATCH sites and apps. These products will give customers more opportunities to access live and video-on-demand content, both in-home and out-of-home, on their computers, smartphones, tablets, gaming consoles and connected devices.
News For DIS From The Last 14 Days
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January 21, 2015
08:39 EDTDISDisney reports five employees affected by California measles outbreak, AP says
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06:17 EDTDISOverstock to introduce streaming-video service later this year, WSJ reports
Overstock.com (OSTK) is planning to launch a streaming-video service later this year, CEO Patrick Byrne announced at the National Association of Television Program Executives conference, The Wall Street Journal reports. Overstock would compete in the space with Amazon (AMZN), Hulu (DIS, CMCSA, CMCSK, FOXA), Netflix (NFLX), and Time Warner's (TWX) HBO is also planning a standalone online streaming service that will launch this year. The new Overstock service would be tied to the company's $20-per-year Club O membership program and will launch with about 30,000 titles. Reference Link
January 20, 2015
17:46 EDTDISNetflix says 'looking good' to reach 60M-90M U.S. subscriptions
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14:00 EDTDISFCC fines Viacom, ESPN $1.4M after brodcasting EAS tones to promote movie
The Federal Communications Commission fined Viacom (VIA) and ESPN (DIS) $1.4M for misusing the Emergency Alert System warning tones. The cable networks transmitted EAS warning tones for several days in 2013 to promote the movie “Olympus Has Fallen,” which portrayed a terrorist attack on Washington, D.C. Broadcast or transmission of these tones outside an emergency or test violates the FCC’s laws protecting the integrity of the system. The networks admitted that the commercial contained actual EAS codes and appeared multiple times on the networks. In March 2014, the FCC proposed a total fine of $1,930,000 against NBCUniversal (CMCSA), ESPN, and Viacom. NBCUniversal paid its $530,000 fine, but ESPN and Viacom objected and requested reductions. The FCC rejected their arguments and imposed fines of $1,120,000 against Viacom and $280,000 against ESPN. The fines, which differ based on several factors including the number of channels involved and the number of transmissions on each channel, must be paid in 30 days.

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