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Stock Market & Financial Investment News

News Breaks
January 24, 2014
17:42 EDTFOX, FOXA21st Century Fox acquires majority stake in YES Network
21st Century Fox announced an agreement to acquire a majority stake in the Yankees Entertainment and Sports Network, YES Network, raising its ownership position in the regional sports network to 80% from the current 49% it acquired in 2012. The remaining 20% stake will continue to be held by Yankee Global Enterprises. The YES Network delivers exclusive live local television coverage of New York Yankees baseball and Brooklyn Nets basketball, as well as other Emmy Award-winning local and national sports programming. The acquisition is expected to close by the end of the first calendar quarter, subject to regulatory and other requisite approvals. As a result of the acquisition, the YES Network will become a consolidated entity of 21st Century Fox.
News For FOX;FOXA From The Last 14 Days
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October 20, 2014
06:49 EDTFOXA, FOXTumblr, TV shows collaborate to broaden reach, NY Times says
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October 19, 2014
18:38 EDTFOXA, FOXSony's ‘Fury’ wins at the box office,'Gone Girl' keeps second place, WSJ says
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17:39 EDTFOXA, FOXDish's AutoHop wins wins tentative ruling over Fox, Bloomberg says
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October 17, 2014
09:33 EDTFOXATribune, 21st Century Fox renew, extend Seattle affiliate agreement
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October 15, 2014
09:59 EDTFOXA, FOXTime Warner CEO says has more than sufficient scale, sees doubling EPS
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07:58 EDTFOXARentrak deal with Fox affirms strategy, says Brean Capital
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October 12, 2014
15:54 EDTFOX, FOXA21st Century Fox's 'Gone Girl' wins at box office with $26.8M, Bloomberg says
21st Century Fox's (FOX, FOXA) “Gone Girl” took first place at the box office this weekend taking in $26.8M, says Bloomberg. "Dracula Untold,” from Comcast's (CMCSA) Universal Pictures came in second this weekend taking in $23.5M, added Bloomberg. Reference Link
October 10, 2014
13:17 EDTFOXANielsen to restate some TV rating due to software glitch, Variety reports
Nielsen (NLSN) acknowledged it uncovered a software error on October 6 that had resulted in TV ratings being allocated incorrectly among broadcast and syndication programming since March 2 and that it would restate the ratings accordingly to fix the errors, reported Variety. The company said 98% to 99% of ratings would not be affected by more than .05 of a ratings point and a person familiar with the situation said some TV networks have an expectation that some of their new fall programming will see a very slight uplift due to the restatement, the report noted. The big four broadcast networks are operated by CBS (CBS), Comcast (CMCSA), Disney (DIS) and 21st Century Fox (FOXA). Reference Link
08:05 EDTFOX, FOXA21st Century Fox, Apollo Global agree to form content joint venture
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08:03 EDTFOXA21st Century Fox, Apollo Global form content joint venture
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06:42 EDTFOXATime Warner CEO to be questioned on growth plans, NY Post reports
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October 8, 2014
13:27 EDTFOXASoftBank no longer talking to DreamWorks, Buzzfeed reports
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07:13 EDTFOXAHulu may cut number ads on Hulu Plus, NY Post reports
Hulu (FOXA, DIS, CMCSA) CEO Mike Hopkins is looking to cut back on the number of ads that appear on Hulu Plus, reports the New York Post. According to an executive close to the company, Hulu and its partners are “always looking at a variety of ways to create the best possible experience for our viewers and advertisers including reducing the ad load." Reference Link
October 7, 2014
09:04 EDTFOXA, FOXFox Sports Radio, DirecTV announce partnership to launch Rich Eisen Show
FOX Sports Radio (FOXA) and DIRECTV (DTV) announced a partnership to launch The Rich Eisen Show into national radio syndication. Eisen will debut as part of FOX Sports Radio’s national weekday lineup in the noon to 3 p.m. ET timeslot, beginning November 3. FOX Sports Radio/Premiere Networks will also provide exclusive radio ad sales representation for The Rich Eisen Show.

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