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August 10, 2014
17:04 EDTVIA, DIS, VIABParamount's 'Teenage Mutant Ninja Turtles' tops weekend box office, WSJ says
Paramount Pictures' (VIA,VIAB) "Teenage Mutant Ninja Turtles" edged out Disney's (DIS) "Guardians of the Galaxy," opening to an estimated $65M in the U.S. and Canada, says the Wall Street Journal. Reference Link
News For VIA;VIAB;DIS From The Last 14 Days
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March 17, 2015
05:46 EDTDISApple set to launch online TV service this year, Financial Times reports
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March 16, 2015
10:44 EDTDISNetflix retreats after cut to sell on competition, cost concerns
The shares of Netflix (NFLX) are falling after research firm Evercore ISI downgraded the stock to Sell from Hold. Increased competition will force the company to increase its investments and the return from those investments is uncertain, the firm contends. WHAT'S NEW: In the U.S., technological advancements are enabling content providers to sell their programming to a wider range of Internet video distributors, Evercore ISI analyst Ken Sena wrote in a note to investors earlier today. Moreover, content providers themselves are now able to stream more of their programming online and obtain higher profits from doing so, Sena reported. The analyst noted that Apple (AAPL) recently obtained a three month exclusive deal to stream content form Time Warner's (TWX) HBO Now, while Yahoo (YHOO), Amazon (AMZN), and Hulu (DIS, CMCSA, NWSA) are all reportedly interested in obtaining streaming rights to "Seinfeld." Netflix's international expansion will not be sufficient to offset the increased competition, especially because foreign viewers are likely to watch less TV and be less interested in paying for TV content, the analyst believes. Furthermore, Netflix will face more competition from other Internet TV services overseas than in the U.S., according to Sena, who cut his 2015 consolidated operating income estimate for the company by 26% to $381M from $517M previously. In addition to cutting his rating, Sena lowered his price target on the shares to $380 from $450. PRICE ACTION: In early trading, Netflix sank $16, or 3.7%, to $422.
10:02 EDTDISOn The Fly: Analyst Downgrade Summary
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07:45 EDTDISDisney downgraded to Neutral from Buy at BTIG
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07:39 EDTVIAViacom shareholder meeting may question Viacom, CBS control, NY Post says
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March 15, 2015
19:12 EDTDISDisney's 'Cinderella' takes top spot at domestic weekend box office with $70.1M
Rentrak (RENT) announced the official domestic weekend box office estimates for the weekend of March 15, as compiled by the company's theatrical measurement services. Disney's (DIS) "Cinderella" took the top spot at the domestic weekend box office with $70.1M: Warner Bros' (TWX) "Run All Night" took the second spot at the box office with $11M; 20th Century Fox's (FOX, FOXA) "Kingsman: The Secret Service" took third with $6.2M; Warner Bros' "Focus" took the fourth spot at the box office with $5.8M and Sony's (SNE) "Chappie" took fifth place with $5.8M.
March 13, 2015
17:11 EDTDISSony Pictures TV nears streaming video deal for Seinfeld, WSJ reports
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March 12, 2015
16:45 EDTDISLaurene Powell Jobs Trust reports 7.7% passive stake in Disney
16:44 EDTDISSteve Jobs trust no longer reports passive stake in Disney
16:01 EDTDISOptions Update; March 12, 2015
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15:05 EDTDISDisney announces shareholders re-elect all 10 directors
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13:48 EDTDISDisney says studio at work on 'Frozen 2'
13:24 EDTDISDisney sees releasing 11 more Marvel films in next four years
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13:14 EDTDISDisney to premiere three Star Wars films between now and May 2017
Disney CEO Bob Iger announced at the company's annual shareholder meeting that "Rogue One" will be the title of the upcoming Star Wars movie after "Force Awakens" and that it starts filming this Summer. Iger also announced that "Star Wars: Episode 8" will premiere on May 26, 2017.
13:08 EDTDISDisney CEO says 'Force Awakens' teaser trailer viewed over 150M times
Disney CEO Bob Iger is speaking at the company's annual shareholder meeting.
09:48 EDTDISYahoo, Disney announce expanded relationship
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09:36 EDTDISNielsen survey shows 36% Netflix household penetration
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09:00 EDTDISABC, Yahoo expanding partnership, Variety reports
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08:17 EDTDIS'Cinderella' expects $60M in opening weekend, Variety says
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07:27 EDTVIA Viacom cuts 40 staff at Paramount, Deadline says
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