New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 11, 2014
16:25 EDTFOXA, RENTRentrak in agreement to provide ratings services to FOX Television stations
Rentrak (RENT), FOX Television Stations (FOXA), FTS, and Fox Stations Sales, announce a long-term agreement for Rentrak to provide its local market television ratings services to all FOX-owned television stations. This represents 28 stations across 18 markets from New York City to Ocala-Gainesville, Fla.The agreement provides FOX access to Rentrak's StationView Essentials software and TV ratings information including Rentrak's single-source auto and political ratings.Jack Abernethy, CEO of FTS said, "We are happy to have immediate access to Rentrak's Advanced Demographics data. More importantly, we expect this will accelerate the long overdue progress toward an accurate digital measuring system in local TV, one based on a census, not estimates, and one that measures all screens."
News For RENT;FOXA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 21, 2014
09:27 EDTFOXA21st Century Fox shares set to rise, says Sterne Agee
Subscribe for More Information
07:09 EDTRENTRentrak granted two new U.S. patents
Subscribe for More Information
November 20, 2014
07:42 EDTFOXAStudios 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
07:20 EDTRENTFurey Research Partners to hold a conference
Subscribe for More Information
November 19, 2014
12:43 EDTRENTRentrak weakness on Nielsen news misplaced, says Brean Capital
Subscribe for More Information
November 18, 2014
12:38 EDTRENTRentrak management to meet with Sidoti
Subscribe for More Information
November 13, 2014
06:17 EDTFOXASony unveils PlayStation Vue, a cloud-based TV service
Subscribe for More Information
November 12, 2014
10:43 EDTFOXABernstein downgrades Discovery, Viacom, citing 'structural decline' in TV
Research firm Bernstein sees strong evidence that audiences of ad-supported TV have entered a period of "structural decline." The firm cut its rating on Discovery (DISCA), the owner of the Discovery Channel and Animal Planet cable stations, and Viacom (VIA,VIAB), which owns MTV and and Nickelodeon. The firm also cut its price target on CBS (CBS). WHAT'S NEW: Noting that audiences for ad-supported TV have fallen by unprecedented amounts for four months, Bernstein analyst Todd Juenger added that consumption of subscription video on demand, or SVOD, services continue to grow. Meanwhile, TV networks are seeing increased competition from Internet websites for ad dollars, limiting the ability of the networks to raise ad prices, Juenger stated. The profit margins and return on investment of content owners are likely to decline over time, the analyst believes. He downgraded Discovery to Market Perform from Outperform and set a $37 price target on the stock, and cut Viacom to Underperform from Market Perform, placing a $71 price target on that stock. Juenger reduced his price target on CBS to $55 from $60 and kept a Market Perform rating on the shares. He kept Outperform ratings on 21st Century Fox (FOXA), Disney (DIS), and Time Warner (TWX), saying that those are least affected by the trend, as they are less dependent than their peers on the American TV ad market and have a large amount of sports programming. PRICE ACTION: In mid-morning trading, Discovery lost 0.6% to $31.81, Viacom class A shares gained 0.6% to $70.09, CBS fell 0.7% to $51.48, Twenty-First Century Fox class A shares lost 0.5% to $34.75, Time Warner fell 0.5% to $77.69 and Disney was flat near $90 per share.
November 10, 2014
07:04 EDTRENTRentrak expands Weigel broadcasting partnership
Rentrak announced a contract expansion with Weigel Broadcasting to provide local market TV ratings to stations WCIU, WWME and WMEU in Chicago, and WDJT, WMLW, WBME and WYTU in Milwaukee. Rentrak already provides ratings and Automotive Advanced Demographic information to Weigel's stations in South Bend and renews them as a part of this expansion agreement.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use