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The Virgin Media deal in effect makes Netflix a benefit for a cable company, not just an upstart threat.
Check out which companies are making headlines after the bell Tuesday:
A federal judge who found Apple liable for conspiring to fix e-book prices entered an injunction on Friday intended to bar the iPad maker from further antitrust violations.
*Court restricts agreements between Apple and five major publishers. NEW YORK, Sept 6- A U.S. judge who found Apple Inc liable for conspiring to fix e-book prices entered an injunction on Friday to bar the iPad maker from further antitrust violations.
Activist investors are back. A whole new generation of cage-rattlers are taking on some of the world's biggest corporations.
Advertising rates on network television and for TV show viewing online will soon be the same, "so we won't care where you watch," CBS Chief Leslie Moonves told CNBC on Wednesday.
Leslie Moonves, president and CEO, CBS Corp., says he's very happy with the way things ended up with Time Warner Cable, but at the end of the day, it was important to take a stand for content.
The cost of a deal announced Monday between Time Warner Cable and CBS, that ended a month-long blackout of the main CBS channel and its Showtime cable offering in New York and Los Angeles, is likely to be passed onto the consumer. Time Warner Cable's fees for CBS channels and programming will likely triple over the next few years, media analysts said.
CBS and TWC didn't reveal the terms of their deal, but it definitely offers a host of implications about the value of content.
Stocks closed out a choppy session in the black on the first trading day of September, thanks to a handful of upbeat economic reports, but ongoing worries over Syria kept a lid on gains.
Republicans in Congress back Syria strike. *Microsoft, Verizon weigh on blue chips after deals.
*Obama to seek congressional authorization for Syria action. Both John Boehner, the Republican speaker of the U.S. House of Representatives, and Eric Cantor, the House Republican majority leader, pledged support for military action in Syria after a meeting on Tuesday at the White House.
Time Warner Cable was feeling the heat during its CBS blackout, as subscribers await the NFL season. CNBC's Julia Boorstin reports that we can expect to see more digital alternatives to cable ahead.
*Obama to seek congressional authorization for Syria action. President Barack Obama decided to seek congressional authorization before taking military action against Syria, a move that was likely to shelve any strike for at least several days.
Shares of CBS and Time Warner are higher today after settling their month-long broadcasting dispute. Craig Moffett, MoffettNathanson, analyzes the agreement.
Verizon and Microsoft fall after announcing major deals. President Barack Obama opted to seek congressional authorization for military action against Syria, a move that was likely to delay any strike for at least several days. Congress returns from its summer recess on Sept. 9, and any vote to authorize a strike will come after that.
CBS won large increases in the fees it will receive from Time Warner Cable in its agreement with the cable operator, analysts said.
*Verizon falls in premarket, agrees to a deal with Vodafone. *Nokia ADRs soar in premarket on deal with Microsoft. President Barack Obama opted to seek congressional authorization for military action against Syria, a move that was likely to delay any strike for at least several days.
CNBC's Julia Boorstin reports on the deal between CBS and Time Warner Cable, which brought the network back to TWC.
Todd Rethemeier, Hudson Square Research, discusses the Verizon Vodafone deal and whether Verizon is late to the party. Does Vodafone become a takeover target now?