Entertainment – Diversified
(NWSA) News Corporation Selling MySpace
Recently, Bloomberg reported that News Corp. (NWSA) seeks to reach a strategic decision with Specific Media regarding the sale of MySpace, its social networking site, for about $35 million in cash and stock.
News...
(TWX) Time Warner Quarterly Report a Penny Ahead of Expectations
Time Warner Inc. (TWX), the diversified media conglomerate, recently posted first-quarter 2011 results. The quarterly earnings of 58 cents a share came a penny ahead of the Zacks Consensus Estimate but dropped...
(NWSA) News Corp Advances to Vevo.com
According to Bloomberg, News Corp. (NWSA), a diversified global media company, advanced to Vevo.com, the online music website, for exploring the future prospects of MySpace, its social networking site.
The...
(DIS) The Walt Disney Company – Bull of the Day
The Walt Disney Company’s (DIS) first-quarter 2011 earnings beat the Zacks Consensus Estimate, and rose 45% from the prior-year quarter, reflecting growth across Media Networks, Studio Entertainment,...
(TWX) Viacom First Quarter 2011 Earning Scorecard
Viacom Inc. (VIA.B) reported mixed financial results for the first quarter of fiscal 2011. While earnings per share (EPS) beat the Zacks Consensus Estimates, revenues fell well short of it. This was primarily...
(DIS) Company News for November 12, 2010 – Corporate Summary
• Disney (NYSE:DIS) reported fiscal fourth quarter earnings of $0.45 ex-items, a one cent miss, versus $0.47 a year earlier, as revenues fell 1.4% to $9.7 billion and were below estimates of $9.9 billion
• Nvidia (NASDAQ:NVDA) profits fell 21% to $0.15, a one...
(TWX) Indian Company Eyes MGM
Joining a queue of several suitors like Time Warner Inc. (TWX), Spyglass Entertainment Group, LLC, and Lions Gate Entertainment Corp. (LGF)...
(NWSA) News Corporation Announces Intent to Aquire Stake in British Sky Broadcasting Group
News Corp. (NWSA) on Tuesday declared its intention to acquire a 61% stake in British Sky Broadcasting Group Plc. (BSkyB) for £7.8 billion (US$11.5 billion) or 700 pence per share. The Rupert Murdoch-led...
(DIS) The Walt Disney Company Beats Expectations
The Walt Disney Company (DIS), a diversified entertainment company, recently posted better-than-expected second-quarter 2010 results, but the results at its Media Networks division disappointed and the stock...
(TWX) Time Warner’s Quarterly Report Outpaces Estimates
Time Warner Inc. (TWX) has posted better-than-expected first-quarter 2010 results that topped the Zacks expectation on the heels of an improved advertising environment and increased home video sales.
The...
(NWSA) News Corporation to Charge for Online Access
News Corporation (NWSA), the media conglomerate, has taken a leap towards an online subscription-based model for general news content.
Business newspapers such as Financial Times and Wall...
(TWX) Time Warner Analyst Issues Neutral Recommendation
We have recently initiated coverage on Time Warner Inc. (TWX) with a Neutral rating. The company is a global leader in media and entertainment with cable systems, television networks, filmed entertainment...
(NWSA) News Corporation – Bull of the Day
News Corporation (NWSA) reported better-than-expected second-quarter 2010 results on the heels of an improved advertising environment, and significant cost-cutting initiatives taken by management to combat...
(DIS) The Walt Disney Company Beats Consensus Estimates
The Walt Disney Company (DIS), a diversified entertainment company, recently reported better-than-expected first-quarter 2010 results on the heels of strong results from its Media Networks segment, and effective...
(TWX) Time Warner Beats Consensus Estimates
Time Warner Inc. (TWX) reported better-than-expected fourth-quarter 2009 results that topped the Zacks Consensus Estimate, on the heels of record profits at its Studio and Networks segments.
The quarterly...
(NWSA) News Corporation Settles with Valassis Communications
News Corp. (NWSA), a diversified global media company, reached an out-of-court settlement with Valassis Communications Inc. (VCI), one of...
(NWSA) News Corporation Stake Rises in Sky Deutschland
News Corp. (NWSA), a diversified global media company, recently subscribed to over 49 million new registered shares of Sky Deutschland, a German pay-TV provider, at a price of €2.25 ($3.24) per share for...
(NWSA) News Corporation’s Fox to Launch 2nd Soccer Channel
Fox Broadcasting Company, one of the leading divisions of the television segment of News Corp. (NWSA), is all set to launch its second all-soccer channel in the U.S. from March 1, 2010. The new network is...
(DIS) Walt Disney Completes Marvel Entertainment Buyout
Walt Disney Co. (DIS) recently announced the completion of its acquisition of Marvel Entertainment, Inc. (MVL).
Walt Disney acquired...
(NWSA) News Corporation’s Fox Shows Could Be Missing From Time Warner Cable
As the contract expires at midnight Dec 31, News Corp. (NWSA) could discontinue broadcasting hit programs from the Fox Broadcast Network on Time Warner Cable Inc. (
31Dec2009 | vitalstocks | 0 comments | Continued(NWSA) Time Warner Cable May Drop Popular Fox Shows
With ongoing negotiations unable to find a mutually agreeable solution, News Corp. (NWSA) has warned its viewers that Time Warner Cable Inc. (
22Dec2009 | vitalstocks | 0 comments | Continued(TWX) Time Warner to Buy NDTV Imagine
Time Warner Inc. (TWX), a global leader in media and entertainment businesses, recently declared that its Board of Directors has consented to the acquisition of NDTV Imagine Limited, which owns one of the...
($F) Expect Strong Earnings Growth in 2010 – Earnings Trends
Key Points:
• Earnings Surprise Ratio (#beat/#miss) at 5.286, almost double normal
• Median Earnings Surprise 7.07%, very strong
• Year-over-year Earnings Growth Ratio (# Pos Growth/# Neg Growth) at 0.83
(TWX) AOL Spins Off from Time Warner
The marriage between Time Warner Inc. (TWX), a global leader in media and entertainment businesses, and AOL Inc. (AOL), its web media unit,...
(NWSA) Q4 S&P Earnings to More than Double – Earnings Trends
Key Points:
• Earnings Surprise Ratio (#beat/#miss) at 5.28, almost double normal
• Median Earnings Surprise 7.14%, very strong
• Year-over-year Earnings Growth Ratio (# Pos Growth/# Neg Growth) at 0.81
• ...
(DIS) The Walt Disney Company’s Revenue Climbs
The Walt Disney Company (DIS) recently reported fourth-quarter 2009 results, posting mid-single digit growth in both top and bottom lines. Total revenue for the quarter climbed 4% year-on-year to $9,867 million.
The...
(TWX) Time Warner Tops Street Consensus
Despite tough macro-economic conditions, Time Warner Inc. (TWX), the global leader in media and entertainment businesses, reported better-than-expected third-quarter 2009 results...
(DIS) Walt Disney Co Announces Rich Ross to Head Disney Studios
Recently, Walt Disney Co.’s (DIS) President and CEO, Robert A. Iger, named Rich Ross as the Chairman of The Walt Disney Studios effective immediately, after the sudden departure of the studio’s longtime Chairman Dick Cook. Earlier, Rich used to head...
(DIS) Walt Disney Company Copyright Wars
Walt Disney Company (DIS) has recently won a copyright infringement case running since 1991, relating to the famous animated character ‘Winnie the Pooh.’
In 1930, Stephen Slesinger, a New York television and film producer, acquired the merchandising...
(DIS) Disney’s Spidey Sense is Tingling
by Louise Harris, Investment U Research Team
The entertainment world is changing, and companies in the business know that all too well… hence the reason why The Walt Disney Company (NYSE: DIS) just announced its acquisition of Marvel...