CBS CEO Leslie Moonves said the media company would take a look at cable news network CNN if it goes up for sale.» Read More
LOS ANGELES, July 10- Television newcomers "True Detective," a crime drama from HBO, and "Orange is the New Black," a dark prison comedy from Netflix, racked up a dozen Emmy nominations each on Thursday, challenging stalwarts like "Breaking Bad" and "Modern Family."
The decision was a victory for traditional broadcasters, such as CBS Corp, Comcast Corp's NBC, Walt Disney Co's ABC, and Twenty-First Century Fox Inc's Fox. CBS argued in a joint filing on Wednesday that the case should be dismissed in light of the Supreme Court ruling, but Aereo disagreed.
July 9- Netflix Inc has acquired the exclusive U.S. video-on-demand rights for CBS Corp's drama "Zoo", set to release next summer. The full season will be available to Netflix members in the Unites States immediately after its broadcast on CBS Television Network, the companies said in a joint statement on Wednesday.
While stocks have generally moved higher, winning themes have emerged for the second half of the year.
Following Aereo's loss in the Supreme Court, rival TV streaming companies like Simple. TV are cornering its former customers. NYT reports.
WASHINGTON, June 28- Aereo, the video streaming service that has sought to provide an alternative to traditional TV broadcasters, said on Saturday it was suspending services after being dealt a blow by the U.S. Supreme Court this week.
It's the latest trend in tech: The Empires are striking back, The Fiscal Times reports.
SYDNEY, June 26- Asian shares swung higher on Thursday as weak U.S. growth seemed to further delay the day when interest rates might rise, prompting investors to plough funds into riskier assets in a desperate search for returns.
*Markets put positive spin on startlingly weak US growth data. SYDNEY, June 26- Asian shares swung higher on Thursday as weak U.S. growth seemed to further delay the day when interest rates might rise, prompting investors to plow funds into riskier assets in a desperate search for returns.
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent. Japan's Nikkei gained 0.4 percent and South Korea 0.5 percent. Shares of CBS shot up 6.2 percent as the U.S. Supreme Court ruled TV startup Aereo violates copyright law by using tiny antennas to provide subscribers with broadcast network content via the Internet.
NEW YORK, June 25- U.S. stock investors ignored weak economic data and pushed equities higher on Wednesday, as drugmakers' shares rose and a Supreme Court ruling lifted major broadcaster stocks, while German bond yields hit the year's low on safe-haven bids.
*Monsanto rallies on outlook and stock-repurchase plans. *CBS shares jump after Supreme Court ruling. Shares of CBS jumped 6.2 percent to $62.48 after the U.S. Supreme Court ruled that online TV startup Aereo Inc violates copyright law by using tiny antennas to provide subscribers with broadcast network content via the Internet.
U.S. stocks rose on Wednesday after mixed economic reports.
The Supreme Court ruling against Aereo was a very "pro-consumer thing" and a "terrific victory" for content providers, CBS CEO Leslie Moonves said.
In a decision that could crimp consumers' hopes to cut the cord from their cable operators, the U. S Supreme Court said Aereo Inc, a video streaming service backed by media mogul Barry Diller, violated copyright law by using tiny antennas to broadcast TV content online to paying subscribers.
CBS CEO Leslie Moonves discusses the likelihood of consolidation in the content provider industry, and the state of CBS' business.
CBS CEO Leslie Moonves shares his view of the U.S. Supreme Court's Aereo ruling, saying "we're not against our content in the cloud as long as we're getting paid for it." Moonves discusses Aereo's business model.
The U.S. Supreme Court reversed a lower court decision and ruled 6-to-3 that the TV startup Aereo violated copyright law.
Take a look at some of Wednesday's midday movers.
WASHINGTON, June 25- The U.S. Supreme Court on Wednesday ruled that online TV service Aereo Inc, backed by media mogul Barry Diller, violates copyright law by using tiny antennas to provide subscribers with broadcast network content via the Internet.