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Stock Market & Financial Investment News

News Breaks
August 5, 2014
16:18 EDTDISDisney reports Q3 Cable Networks operating income down 7%
Disney said operating income at Cable Networks decreased 7% to $1.9B for Q3 due to a decrease at ESPN, partially offset by an increase at ABC Family. "The decrease at ESPN was due to higher programming and production costs, decreased recognition of previously deferred revenue and the absence of ESPN UK, which was sold in the fourth quarter of the prior year. These decreases were partially offset by affiliate fee contractual rate increases and higher advertising revenue." ESPN recognized $98M less of previously deferred revenue during the quarter as a result of changes in contractual provisions related to annual programming commitments. ESPN advertising revenue increased due to higher rates and more units sold, Disney said.
News For DIS From The Last 14 Days
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December 22, 2014
06:22 EDTDISHulu signs agreement with FX productions
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December 17, 2014
11:09 EDTDISFormer Hulu CEO gears up to launch Vessel, Re/code reports
Former Hulu CEO Jason Kilar is getting ready to launch a web video service called Vessel, which utilizes YouTube stars, Re/code reports. Reference Link
December 11, 2014
06:41 EDTDISDisney, others avoided U.S. taxes with Luxembourg deals, ICIJ says
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06:24 EDTDISDISH plans to leave broadcast channels out of basic online TV package, WSJ says
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December 10, 2014
16:00 EDTDISOptions Update; December 10, 2014
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10:00 EDTDISOn The Fly: Analyst Downgrade Summary
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06:25 EDTDISDisney downgraded to Hold from Buy at Topeka
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December 9, 2014
15:03 EDTDISDiscovery Communications rises after CEO sees outperforming U.S. peers
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11:11 EDTDISDiscovery, Hulu announce new distribution agreement
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06:48 EDTDISAnalysts say Netflix undermining TV ad revenue, NY Times reports
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