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'Race Against Time': Experts React To Disney's Q3
Wednesday, August 7, 2019 - 1:16pm | 705Walt Disney Co (NYSE: DIS) shares had lost more than 6% by Wednesday afternoon after the media and entertainment giant released a worse-than-expected third-quarter earnings report Tuesday. Morgan Stanley's Q3 Takeaways Disney's third-quarter showed a segment operating income miss of $3.96...
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BMO Takes Wait-And-See Approach With Fox TV
Wednesday, April 10, 2019 - 11:01am | 415Fox Corp (NASDAQ: FOXA) is a more focused entity since the TV news and sports company broke off from the former 21st Century Fox and has intriguing potential with its new streaming news service, according to BMO Capital Markets — but the firm is waiting for more clarity on the standalone...
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Oppenheimer Downgrades Comcast After $40B Sky Bid, Projects Increasing Competitive Pressure
Monday, September 24, 2018 - 9:11am | 494Just a few short months ago, Comcast Corporation (NASDAQ: CMCSA) conceded in the race for Twenty-First Century Fox (NASDAQ: FOXA) assets and redirected its focus to British media conglomerate Sky Plc. (OTC: SKYAY). Over the weekend, Comcast submitted a $40-billion bid for Sky that the British...
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The Tiger Woods 'Halo Effect' Drives Up PGA Championship Ratings
Monday, August 13, 2018 - 2:30pm | 645If there were any lingering doubts about Tiger Woods' popularity, they weren’t evident at the PGA Championship Sunday in St. Louis. The golfing legend may not have won, but he stole the show and virtually of all thunder from eventual winner Brooks Koepka. The Tiger Woods 'halo effect...
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Bidding War Could Be In Store For 21st Century Fox
Friday, November 17, 2017 - 8:21am | 422Comcast Corporation (NASDAQ: CMCSA) is reportedly in talks to acquire some of Twenty-First Century Fox Inc (NASDAQ: FOXA), a mere days after reports suggested that Walt Disney Co (NYSE: DIS) held similar talks with Fox. The Analyst Rosenblatt Securities' Alan Gould maintains a Buy rating on...
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CBS Expands Its Foreign Broadcasting Portfolio
Tuesday, August 29, 2017 - 7:39am | 353CBS Corporation (NYSE: CBS) is placing a bigger bet on Australian television with its acquisition of Network Ten, a channel that expands its existing foreign slate from Network One and Eleven. The television and digital-asset company airs local content based on popular American series, such as...
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Love Means Never Having To Say You're Sorry: NY Times Wants Fox To Apologize For Claiming Paper's Leak Led To Terrorist Escape
Monday, July 24, 2017 - 1:27pm | 861The New York Times’ demand for an apology from Twenty-First Century Fox Inc (NASDAQ: FOX) is part of a long line of media mea culpas either granted or denied for slights real or perceived. The newspaper asked the Fox News show "Fox & Friends" to retract a report that the Times (...
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Hollywood Seeks Salvation At San Diego Comic-Con In Midst Of Summer's Box Office Slump
Saturday, July 22, 2017 - 10:00am | 666It started with a group of guys who liked comic books and blew up into the biggest pop culture marketing opportunity of the year, filling all 11 acres of the San Diego Convention Center and sprawling outside into infinity and beyond. The 47th annual San Diego Comic-Con is being held while one of...
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Approval Of The Fox/Sky Transaction Likely Despite UK Regulator Stalling, Says Rosenblatt
Friday, June 30, 2017 - 7:22am | 405Rupert Murdoch's Twenty-First Century Fox Inc (NASDAQ: FOXA) already owns a 39-percent stake in the British-based satellite broadcaster Sky, but his quest to acquire the remaining 61 percent has now stalled. Fox's £11.7 billion deal to acquire the remaining stake in Sky is now being questioned by...
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Now That Bill O'Reilly Is Gone, Who Is The Biggest Ratings Hog In Media?
Monday, April 24, 2017 - 12:25pm | 443Bill O'Reilly was the undisputed king of Fox News; for years, he boasted the highest viewership numbers for a news talk show. But shareholders of Fox News' parent company, Twenty-First Century Fox Inc (NASDAQ: FOXA), are now wondering what impact O'Reilly's departure from the company means for the...
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Just How Much Money Did Bill O'Reilly's Show Make? This Analyst's Estimate Might Surprise You
Thursday, April 20, 2017 - 9:33am | 457Bill O'Reilly's departure from Fox News is a concerning headline for its parent company Twenty-First Century Fox Inc (NASDAQ: FOXA). A CNN report from earlier this month suggested O'Reilly's daily show, "The O'Reilly Factor" generated $446 million in total ad revenue from 2014 through 2016, or more...
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Fox's 'O'Reilly Factor' Joins Google's YouTube As Latest Target Of Advertiser Boycotts
Tuesday, April 4, 2017 - 12:26pm | 451Twenty-First Century Fox Inc (NASDAQ: FOXA) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) have something in common: feeling the wrath of advertisers. According to a CNN report, Fox's "The O'Reilly Factor" has seen three major automakers and two other companies chose to no longer advertise during...
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Has Trump's Negativity On The Media Impacted Those Stocks?
Friday, January 27, 2017 - 2:44pm | 738Since the days leading up to the election, President Donald Trump has had a lot to say about big-brand news. On January 8, after reports clarified border-wall financing, Trump tweeted that the media was “dishonest” and “fake.” On January 11, he called Buzzfeed a “pile...
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As Fox Preps Another Bid For Sky, Brean Prefers Time Warner, CBS
Monday, December 12, 2016 - 10:37am | 453Twenty-First Century Fox Inc (NASDAQ: FOXA) confirmed on Friday it reached an agreement in principle to acquire the remaining stake in UK-based SKY PLC (LON: SKY) it doesn't already own for £10.75. According to Alan Gould of Brean Capital, the full combination of content and distribution has...
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CBS Ends Week Strong With 'MacGyver' As Rest Of Networks See Soft Starts
Monday, September 26, 2016 - 7:34am | 392The new fall season got off to a great start last week with every new series from Monday to Wednesday registering high demo numbers. Thursday saw an end to that streak as ABC (Walt Disney Co (NYSE: DIS) and Fox (Twenty-First Century Fox Inc (NASDAQ: FOXA)) both saw poor debuts, but CBS (CBS...