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Fintech Focus Roundup For November 14, 2020
Saturday, November 14, 2020 - 9:52am | 2780Read More...Meet Sharesies, The Investment App For Millennials The Nitty-Gritty: Founded in 2016, Sharesies is a fintech specializing in democratized stock market investing. The company is one of many other brokers that have popped up around the world, helping unlock low-cost access to listed companies and...
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CBS And Viacom Finally Announce A Merger Deal
Tuesday, August 13, 2019 - 1:42pm | 463Read More...CBS Corporation (NYSE: CBS) and Viacom Inc (NASDAQ: VIAB) announced Tuesday afternoon they're merging, reuniting the entertainment companies that split more than a decade ago as they seek to compete in a world changing how it watches TV and movies. What Happened The merger, which follows months...
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This Day In Market History: MTV Launches
Thursday, August 1, 2019 - 6:04am | 368Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 38 years ago, cable television channel MTV was launched. Where The Market Was The Dow Jones Industrial Average closed at 946.25 and the S&P 500 traded at 130.46. What...
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Will Viacom Sell Some Of Its 24 Networks To Reinvest In MTV, Paramount Films?
Tuesday, February 7, 2017 - 3:09pm | 416Read More...Media giant Viacom, Inc. (NASDAQ: VIAB) will release its first-quarter earnings before the market opens on Thursday. Consensus estimates stand at $3.18 billion in revenues with EPS expected to come in at $0.83. Loop Capital has raised its price target on Viacom to $38 from $37 and maintains a Hold...
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Wunderlich Bullish On Viacom CEO Bakish, Justifies 60% Upside
Tuesday, December 13, 2016 - 10:19am | 351Read More...Redstone-family-controlled National Amusements announced its decision to end efforts to merge Viacom, Inc. (NASDAQ: VIAB) and CBS Corporation (NYSE: CBS). “It is now apparent that Shari Redstone (and many investors) are impressed with new CEO Bob Bakish,” Wunderlich’s Matthew...
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Viacom: Dividend Cuts And CEO Exit Leave Investors Anxious
Thursday, September 22, 2016 - 2:38pm | 515Read More...Viacom, Inc. (NASDAQ: VIAB) left investors more anxious after the media company cut its dividend and fourth quarter earnings guidance, and announced the exit of interim CEO Tom Dooley. The company slashed its quarterly dividend in half, from $0.40 to $0.20, which will save about $80 million per...
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MTV Joins Revival Trend Through New Channel: Shows From The '90s Return
Thursday, July 28, 2016 - 3:00pm | 437Read More...Get the "Friends" cast back together; I was missing the "Gilmore Girls" and Stars Hollow; Don’t forget "The Real World!" Nostalgia seems to be trendy, and everyone and their grandmother seems to be asking for a revival of some kind. And, of course, in this world, demand creates offer —...
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MTV Continues After-Show Trend With 'Scream After Dark'
Thursday, May 26, 2016 - 1:47pm | 191Read More...AMC's after-show trend is proving to have an exceptionally long lifespan, as MTV (Viacom, Inc. (NASDAQ: VIAB)) entered the fray with "Scream After Dark" Wednesday. The new series will air Mondays at midnight following next week's season two debut of "Scream," the TV adaptation of the horror film...
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MTV Sees Big Ratings Boost With Movie Awards
Tuesday, April 12, 2016 - 5:35am | 294Read More...As it turns out, all the MTV Movie Awards needed to succeed was the right combination of hosts. Sunday's 25th anniversary of the quirky pop culture staple utilized its A-list hosts Dwayne Johnson and Kevin Hart to great results. With 3.5 million viewers checking out the telecast, that's...
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Viacom Takes A Step Into Its Digital Future
Tuesday, February 9, 2016 - 8:24am | 365Read More...Viacom, Inc. (NASDAQ: VIAB) is betting on its future with an expanding partnership between itself and social media app Snapchat Inc, according to the Wall Street Journal. The company has been under increased scrutiny in recent months, as cable TV appears to be on the way out due to the rising...
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Trailblazers: Vince McMahon Takes His Empire, And An Industry, Over The Top
Sunday, April 6, 2014 - 10:56am | 1157Read More...The life of a World Wrestling Entertainment (NYSE: WWE) employee can be a grueling one. The company performed 321 live events, including 65 international, in front of nearly two million fans in 2013. Professional wrestling, or what WWE likes to label "sports-entertainment," has changed...
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Sony To Test Cloud-Based Cable Television
Wednesday, January 8, 2014 - 1:49pm | 537Read More...In a move that could increase competition and give consumers more cable TV choices, Sony (NYSE: SNE) said Tuesday at the Consumer Electronics Show in Las Vegas it planned to start testing a cloud-based TV service in 2014. The company said the yet-to-be-named service would include live...
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The 9 Most Infamous Twitter Hacks of All-Time
Friday, April 26, 2013 - 10:58am | 89Read More...Following Tuesday's frightening Associated Press tweet, which "hacked the market," the impact of hijacked Twitter feeds in a world that depends on instantaneously-shared information has become a legitimate concern. The AP hack is the latest in a disturbing (though occasionally hilarious) trend of...
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DirecTV Blackout Boosts Disney's Ratings
Thursday, July 19, 2012 - 7:27am | 477Read More...As the monetary dispute between Viacom (NASDAQ: VIAB) and DirecTV (NYSE: DTV) continues to heat up, young viewers of now blacked-out television stations such as Nickelodeon are flipping the channel elsewhere to get their daily small screen fix. While Viacom's Executive Vice President Denise Denson...
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Time Warner Cable, Others Back DirecTV in Viacom Dispute
Wednesday, July 18, 2012 - 7:28am | 476Read More...DirecTV (NYSE: DTV), which is currently in a program-fee dispute with Viacom (NASDAQ: VIA) (NASDAQ: VIAB), has received the support of three major cable providers, including Time Warner Cable (NYSE: TWC). Viacom has been seeking a new contract with DirecTV that would raise its rates by as much as...
