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Stock Market & Financial Investment News

News Breaks
June 9, 2014
06:25 EDTFOX, TWX"Fault in Our Stars" tops weekend box office, WSJ reports
"The Fault in Our Stars," a movie distributed by Twentieth Century Fox (FOX) and based on a John Green novel, brought in $48.2M in the U.S. and Canada in its opening weekend, beating out Tom Cruise's "Edge of Tomorrow," reports the Wall Street Journal. "Edge," produced by Time Warner's (TWX) Warner Bros., brought in $29.1M. Reference Link
News For FOX;TWX From The Last 14 Days
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May 28, 2015
07:23 EDTFOXBig four networks aim to own more of their programs, WSJ reports
The percentage of shows that the big four television networks own or have a stake in has risen in recent years as owning shows has become a priority due to lucrative rerun and cross platform rights, said The Wall Street Journal. Walt Disney’s (DIS) ABC will own or have a stake in almost 70% of its coming schedule, compared with 48% in 2010, while Fox (FOXA), CBS (CBS) and Comcast’s (CMCSA) NBC will also own or have stakes in the majority of their lineups' shows, the report noted. Reference Link
May 27, 2015
09:40 EDTTWXHBO may consider discounted prepaid plans, Cut Cable Today reports
Time Warner's HBO may consider discounted prepaid plans in the future, reports Cut Cable Today. Citing a HBO customer satisfaction survey, HBO asked, “If these offers were available to you for one-time only, how likely would you be to take advantage of each in the next three months?” Participants were then presented with four different potential discounts. Reference Link
May 25, 2015
12:50 EDTFOX, TWXDisney's 'Tomorrowland' leads U.S. weekend box office with $32.2M
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May 19, 2015
06:29 EDTFOX21st Century Fox expects to continue investing in TV, Deadline reports
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May 18, 2015
17:26 EDTFOXValueAct reports 5.5% stake in 21st Century Fox Class B shares
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May 17, 2015
15:37 EDTTWXUniversal's 'Pitch Perfect 2' leads U.S. weekend box office with $70.3M
For the weekend of May 17, Comcast (CMCSA, CMCSK) subsidiary Universal's "Pitch Perfect 2" topped domestic box office charts at $70.3M. Time Warner (TWX) subsidiary Warner Bros.' "Mad Max: Fury Road" landed in second place with $44.4M, while Disney's (DIS) "Avengers: Age Of Ultron" came in third with $38.8M. Warner Bros.' "Hot Pursuit" and Universal's "Furious 7" took fourth and fifth place at $5.8M and $3.6M, respectively. Data gathered by Rentrak.
May 14, 2015
10:47 EDTTWXTurner Broadcasting CEO says has seen ratings erosion at TNT, TBS
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10:43 EDTTWXTurner Broadcasting CEO says 'bullish' time for Turner
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09:09 EDTFOXSTAR India says media sector in India poised for accelerated growth
As India is also on track to beat China to become the fastest growth economy in FY15, the company expects media sector poised for accelerated growth in the next 5 years in India. Cites a narrowing trade deficit and inflation at a 5-year low. TV growth is also expected to outpace industry in the next six years. In distribution, Star India 80M households is expected to be added in the next two years. Says India's ad market has head room for high growth. STAR India is owned by 21st Century Fox. Comments made by STAR India CEO Uday Shankar at the MoffettNhathanson Media & Communications Summit.

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