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Stock Market & Financial Investment News

News Breaks
July 23, 2014
06:42 EDTTWX, FOXFox unlikely to raise offer for Time Warner beyond $95 per share, WSJ says
In order to sway Time Warner's (TWX) board, 21st Century Fox (FOX) would have to raise its stock-and-cash offer from its initial $85 a share and require to take on enough debt that its own credit rating would be downgraded, reports the Wall Street Journal. According to people familiar with Fox's thinking, the company wants to protect its investment-grade credit rating and is only prepared to consider a bid between $90 and $95 per share. Reference Link
News For FOX;TWX From The Last 14 Days
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November 25, 2014
06:22 EDTTWXHBO, Tencent sign deal to distribute dramas, movies online in China, WSJ reports
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November 24, 2014
06:17 EDTFOXJetBlue announces partnerships for Fly-Fi Hub
JetBlue (JBLU) is partnering with content providers Coursera, FOX (FOX, FOXA), HarperCollins Publishers, National Geographic, Rouxbe and Time Inc. (TIME) to offer customers more free content than any other U.S carrier in the sky. The Fly-Fi Hub is the new gateway to JetBlue's Fly-Fi offering, the fastest Wi-Fi in the sky, and went live this morning. Available to JetBlue customers via their own personal device, it will offer a wide range of entertainment options such as some of the most popular TV shows from FOX and National Geographic, ebook samples from HarperCollins, e-learning videos from Coursera and Rouxbe and the option to purchase magazines from Time Inc.'s portfolio. In the next phase of JetBlue's Fly-Fi Hub, due to roll out 1Q15, additional content from PBS, Random House and the Wall Street Journal (NWSA, NWS) will be added.
November 21, 2014
12:22 EDTTWXTurner, DISH restore channel service, extend carriage
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November 20, 2014
07:42 EDTTWXStudios looking abroad for opportunity in TV licensing, WSJ reports
For U.S. television studios, such as Time Warner’s (TWX) Warner Bros., licensing shows abroad, which was once a small side business, has become a much-needed source of growth and is increasingly needed to make shows profitable, reported The Wall Street Journal. In addition to Time Warner, CBS Corp. (CBS), Sony (SNE) and 21st Century Fox (FOXA) also see huge promise from international TV distribution, the report noted. Reference Link
November 17, 2014
06:33 EDTTWXWarner Bros. wins 'Hobbit' royalties fight against Weinsteins, WSJ reports
Time Warner's Warner Bros. has prevailed over the Weinstein brothers in a $75M-plus lawsuit over the royalties for the second and third "Hobbit" films, the Wall Street Journal reports, citing people with knowledge of the situation. Reference Link

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