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News Breaks | | | | January 2, 2013 | | 18:48 EDT |  | DTV, TWX, NWSA, CMCSA | Al Jazeera acquires Current TV, NY Times reports
Al Jazeera has completed a deal to acquire Current TV, and will create a new channel based in New York, according to a NY Times report that cites people with knowledge of the negotiations. Current TV is currently available in approximately 60M homes, the report said. Current TV was co-founded by former Vice President Al Gore and is owned by a group including Comcast (CMCSA) and DirecTV (DTV), according to the report. Reference Link | |
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News For TWX;CMCSA;NWSA;DTV From The Last 14 Days Check below for free stories on TWX;CMCSA;NWSA;DTV the last two weeks. |
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| May 17, 2013 | | 15:51 EDT | | CMCSA, NWSA, DTV | DirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link | | | 15:26 EDT |  | DTV, NWSA, CMCSA | DirecTV considering acquisition of Hulu, Dow Jones reports
 Subscribe for More Information | | | May 16, 2013 | | 16:08 EDT | | DTV | UniTek Global provides update on master services agreement with DirecTV
UniTek Global (UNTK) announced that its subsidiary, DirectSat USA, has received a letter from DirecTV (DTV) providing 180-day notice of the termination of its master services agreement with DirectSat, effective November 8, 2013. Shortly following receipt of the notice, DirectSat entered into an agreement with DirecTV providing that the 180-day notice of termination will be automatically withdrawn upon the company's refinancing, by July 31, of its debt on terms that satisfy certain financial requirements, the continued work on completion of its financial statements and the satisfaction of other conditions. DirecTV has informed the company that it intends to continue working with the company as UniTek addresses the issues it currently faces related to the previously disclosed accounting matters. | | | 09:24 EDT | | CMCSA | Amazon.com expands content licensing agreement with NBCUniversal
Subscribe for More Information | | | 09:09 EDT | | TWX | CC Media, CW announce broadcast agreement for iHeartRadio events
Subscribe for More Information | | | 06:01 EDT |  | DTV | DirecTV shares can rise above $90 in next two years, says Citigroup
Subscribe for More Information | | | 05:51 EDT | | CMCSA | NBCUniversal says winter Olympic Games ad sales strong, WSJ reports
Comcast's (CMCSA) NBCUniversal unit is projecting advertising sales over $800M for the Olympic Games next year in Russia, which would be a record for the Winter Games, despite the decision by Anheuser-Busch InBev (BUD) and Hilton Worldwide not to advertise on the event in Sochi, reports the Wall Street Journal. The company said it has sold 75%-80% of its TV inventory.Reference Link | | | May 15, 2013 | | 19:59 EDT | | NWSA, CMCSA | Pay-TV operators eye Hulu, WSJ reports
At least two pay-TV operators, including Time Warner Cable (TWC), are looking at an investment in Hulu, jointly controlled by Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), reports the Wall Street Journal, citing people familiar with the matter. Reference Link | | | 17:47 EDT | | TWX | Warner Bros. TV executive Rosenblum to leave, WSJ reports
Subscribe for More Information | | | 17:46 EDT | | NWSA | SAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), . | | | | 16:55 EDT | | DTV | Berkshire Hathaway gives quarterly update on stakes
Subscribe for More Information | | | 16:40 EDT | | DTV | Berkshire Hathaway reports 5.8% passive stake in DirecTV
| | | 11:48 EDT | | CMCSA | Appaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M. | | | 11:45 EDT | | TWX | Time Warner to stream TBS, TNT online, The Verge reports
Subscribe for More Information | | | 11:24 EDT | | CMCSA | David Tepper's Appaloosa reports new stake in Comcast
| | | 10:49 EDT | | NWSA, CMCSA | Senator questions TV broadcasters' free spectrum rights, The Hill says
Democratic Senator Mark Warner questioned whether broadcast stations that pull their programming off the air should be able to keep using spectrum for free, The Hill reported yesterday. A number of TV networks have threatened to broadcast only on cable and satellite in response to the launch of Aereo. The latter service uses stations' over the air signals to send programming to consumers' Internet devices. Reference Link | | | 06:42 EDT | | NWSA | U.S. says Apple was "ringmaster" in e-book price fixing scheme, NY Times says
The Justice Department is alleging that Apple (AAPL) was "the ringmaster" in an e-book price fixing scheme, according to The New York Times, citing a lawsuit filed by the agency. One piece of evidence the agency is using to try to prove that charge is an e-mail from former Apple CEO Steve Jobs to News Corp's (NWSA) James Murdoch, in which Jobs allegedly suggested that the two companies set specific prices for e-books, the newspaper added. Reference Link U | | | 06:35 EDT | | TWX | Warner Music receives EU approval for Parlophone acquisition, Reuters says
Subscribe for More Information | | | May 14, 2013 | | 17:48 EDT | | NWSA | Lone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES). | | | 10:32 EDT |  | DTV | DirecTV management to meet with JPMorgan
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