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Stock Market & Financial Investment News

News Breaks
May 29, 2014
12:02 EDTFOXA, TWX, CMCSACable news channels drew few viewers in May, Politico says
The ratings of the major cable news channels were weak in May,' according to Politico. Although 21st Century Fox's (FOXA) ratings were significantly above the competition, it had some of the weakest ratings in its history and its viewers are older on average than the competition, while Comcast's (CMCSA) MSNBC had its weakest performance in prime time since 2006, Politico reported. Meanwhile, Time Warner's (TWX) CNN attracted an average of under 100,000 viewers ages 25-54 per day, the website noted. Reference Link
News For FOXA;TWX;CMCSA From The Last 14 Days
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September 29, 2014
07:25 EDTFOXA'Equalizer' tops domestic box office with $35M debut, WSJ reports
"The Equalizer," distributed by Sony (SNE), topped the domestic box office with a $35M weekend opening, beating out last week's winner, 21st Century Fox's (FOXA) "The Maze Runner," reported the Wall Street Journal. Reference Link
07:18 EDTCMCSAStarz may struggle to sell itself, WSJ reports
Starz (STRZA) may struggle to sell itself, according to the Wall Street Journal citing challenges facing standalone media companies. The publication says that the standalone networks -- Starz, AMC Networks (AMCX) and Scripps Networks (SNI) -- "lack the heft" of larger peers in negotiations regarding affiliate deals, and look "increasingly vulnerable" now that Comcast (CMCSA), Time Warner Cable (TWC), DirecTV (DTV) and AT&T (T) are joining forces. Reference Link
September 25, 2014
17:50 EDTTWX, CMCSACompanies receive U.S. information requests on Comcast-TWC deal, Bloomberg says
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September 24, 2014
12:29 EDTFOXA20th Century Fox signs TV deal with Canadian Shomi, The Hollywood Reporter says
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12:14 EDTCMCSANetflix responds to Comcast's extortion claims, Variety reports
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09:17 EDTCMCSAComcast accuses TWC deal opponents of extortion, Re/code reports
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09:05 EDTFOXAOn The Fly: Pre-market Movers
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07:43 EDTCMCSAARRIS and Comcast trial ew RDK software in broadband modems
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06:59 EDTTWXCNN look to debut more original series in primetime this fall, Variety reports
Time Warner's CNN plans to place a greater emphasis on original series in primetime, anticipating 12 original series in 2015, reports Variety. In a Tuesday lunch meeting with journalists, CNN Worldwide President said the original series is “the source of a lot of conversation at CNN. We have had a lot of success in this area... There are a number of people internally who think we should push more into this arena.” Reference Link
05:57 EDTFOXAStarz hires investment bank to explore sale, WSJ reports
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05:51 EDTFOXAStarz met with 21st Century Fox about takeover, LA Times reports
Starz (STRZA) met with 21st Century Fox (FOXA) on Tuesday to discuss a potential takeover of the cable movie service, Los Angeles Times reports, citing three people familiar with the meeting. No deal may materialize and Fox took the meeting as a courtesy, the paper adds, citing a source. Reference Link
September 23, 2014
11:29 EDTFOXATribune Co. says talks with Fox on Seattle affiliation continue
Tribune Media (TRBAA) and Twenty-First Century Fox (FOXA) have been conducting ongoing discussions regarding Tribune's Fox affiliation in Seattle, KCPQ, Tribune said. "Throughout the course of this dialogue, which is ongoing, a variety of alternatives have been discussed and there is no resolution at this time. Fox has sent to Tribune a notice of termination of the Seattle affiliation agreement effective January 17, 2015. Nonetheless, we are continuing to engage in discussions with Fox and moreover have prepared for all operational and economic possibilities for our Seattle Fox station. We are confident that our remaining thirteen Fox affiliates will remain unaffected based on regulatory and contractual constraints," Tribune reported. KCPQ contributed approximately $13M in EBITDA in FY13 for Tribune.
08:40 EDTTWXTime Warner defends HBO strategy amid Wall Street speculation, LA Times reports
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September 22, 2014
06:44 EDTFOXA, TWX, CMCSA'The Maze Runner' leads weekend box office sales with $32.5M, WSJ reports
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06:41 EDTTWXTime Warner's Warner Bros. struggling, NY Times says
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September 19, 2014
06:15 EDTTWXTime Warner price target raised to $89 from $76.69 at Citigroup
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September 18, 2014
06:36 EDTTWXWarner Bros. could cut up to 1,000 jobs, Variety reports
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September 17, 2014
13:57 EDTTWXTNT obtains network television premiere rights to five upcoming Marvel films
Turner Network Television, or TNT, a subsidiary of Time Warner, has obtained the network television premiere rights to five upcoming Marvel Studios films, including "Avengers: Age of Ultron," and "Captain America 3." Each of the five films is tentatively scheduled to premiere on TNT a little over two years after its theatrical release. Reference Link
09:04 EDTTWXAmericas Media ad growth estimates lowered at Nomura
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06:13 EDTFOXASky Deutschland tells investors to reject BSkyB offer
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