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Stock Market & Financial Investment News

News Breaks
December 30, 2013
07:41 EDTRENT, TWX, DIS, VIAB, CMCSA'Hobbit' leads stellar weekend box office, WSJ reports
Hollywood rejoiced with a huge post-Christmas weekend at the box office as moviegoers took in a wide array of holiday offerings, reports the Wall Street Journal. The top performers included the second "Hobbit" and "Anchorman" movies and the animated "Frozen." Total ticket sales in the U.S. and Canada jumped about 10% from a year ago to $199M, according to Rentrak Corp. Reference Link
News For RENT;TWX;DIS;VIAB;CMCSA From The Last 14 Days
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April 10, 2014
07:21 EDTDIS, CMCSAHulu's head of original programming development to leave company, AdWeek says
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April 9, 2014
14:42 EDTDISHSN and Disney Studios announce multi-film collaboration
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07:31 EDTCMCSASenate Judiciary Committee to hold a hearing
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07:28 EDTCMCSAComcast, Time Warner go before lawmakers on merger plan, Reuters says
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07:07 EDTCMCSAComcast sees ample competition to permit deal, lawmakers cautious, WSJ says
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April 8, 2014
14:36 EDTCMCSADirecTV confirms new agreement reached with Weather Channel
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14:22 EDTCMCSAWeather Channel near deal to return to DirecTV, WSJ says
DirecTV (DTV) is near a deal to return the Weather Channel to its lineup, said The Wall Street Journal, citing people familiar with the matter, one of whom said DirecTV will agree to a small increase in the fees it pays though less than the bump the Weather Channel was seeking. The Weather Channel is owned as a joint venture between Comcast's (CMCSA) NBCUniversal, Blackstone (BX) and Bain Capital. Reference Link
12:55 EDTCMCSAComcast, TWC filing reference development of Apple TV box, 9to5Mac says
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12:01 EDTCMCSAComcast says consumers would benefit from acquisition, The Hill says
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10:23 EDTVIABHigh option volume stocks: VIAB CMCSK OHRP SA AER
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09:04 EDTDIS, CMCSAAmazon Instant Video says video streams on Prime Instant Video tripled y/y
Amazon Instant Videoannounced that video streams on Prime Instant Video nearly tripled year over year. According to a report from Qwilt, which tracks growth in online video usage, Amazon (AMZN) has now passed both Apple (AAPL) and Hulu (NWSA, DIS, CMCSA) in streaming video usage.
08:57 EDTCMCSASmall rivals to testify in Comcast, Time Warner hearing, Bloomberg says
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08:51 EDTTWXTime Warner announces proposed $1.4B financing by Time Inc
Time Warner Inc. and Time Inc. announced that, in connection with Time Warner Inc.’s previously announced intention to separate Time Inc. from Time Warner Inc., Time Inc. plans to raise an aggregate $1.4B of debt through an offering of unsecured senior notes and by entering into a secured term loan facility. Time Warner Inc. will not be a guarantor or otherwise provide credit support for the notes or the term loan facility. Time Inc. intends to use the expected net proceeds from this financing to fund the acquisition of Time Inc.’s U.K. publishing business, which is currently owned by a wholly owned subsidiary of Time Warner Inc. Time Inc. intends to use the remaining expected net proceeds from this financing to pay a special cash dividend to Time Warner Inc.
07:52 EDTCMCSAComcast, Time Warner execs go before critic at hearing, Reuters says
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07:25 EDTDISBook by Pixar president explains growth crisis under Disney, Bloomberg says
"Creativity, Inc," a new book by Pixar's president Ed Catmull, describes three crises the company faced after it was acquired by Disney seven years ago, according to Bloomberg, citing comments from Catmull in his book. Reference Link
06:59 EDTCMCSAComcast, Time Warner Cable Internet businesses to be examined, NY Times says
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06:27 EDTDIS, TWXMajor movie studios file lawsuit against Megaupload, Engadget reports
The MPAA announced that major movie studios have filed a civil lawsuit against filesharing site megaupload two years after federal investigators shut down the website and filed criminal charges against its founder, reports Engadget. The lawsiut targets the site's Uploader Rewards program with the claim that the business model was "designed to encourage theft." Reference Link
April 7, 2014
08:19 EDTVIAB, DIS'Captain America' sequel breaks records with $96.2M debut, LA Times says
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08:05 EDTTWXTime Warner's HBO Go again suffers connection issues, Re/code says
Just a month after Time Warner CEO Jeff Bewkes promised his pay TV channel HBO Go would be improving its technology after the season finale of “True Detective” was plagued by outages, many users tuning in for the season premiere of “Game of Thrones” received error messages, Re/code reports. Reference Link
07:45 EDTDIS, RENTNoble Financial Capital Markets to hold a forum
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