Major films such as "Hunger Games: Catching Fire," "World War Z," and "Transformers: Age of Extinction" will move to Hulu from Netflix.» Read More
The Standard & Poor's 500 will soon contain 505 listed stocks, up from the current 502 listed stocks.
NBC Sports extends its agreement to televise England's Premier League soccer games.
Some of the names on the move ahead of the open.
"Fantastic Four" finds topping the box office an impossible mission.
Big media's strategies for adapting to the fast-growing over-the-top service model could be making their troubles worse.
A large number of stocks in the S&P 500 are already trading in correction territory. Is this a buying opportunity?
*Disney, Viacom lead media selloff. Viacom fell 14.22 percent to its lowest in almost four years after reporting lower-than-expected quarterly revenue due to weakness in its cable TV business. The S&P 500 media index lost 2.12 percent and notched its biggest two-day fall since November 2008, with Time Warner, Comcast and CBS all in the red and Twenty-First...
*Disney, Viacom lead media selloff. Viacom fell as much as 23.6 percent to its lowest in almost four years after reporting lower-than-expected quarterly revenue due to weakness in its cable TV business. The S&P 500 media index was down 2.85 percent, recording it's biggest two-day fall since November 2008, with Time Warner, Comcast and CBS all in the red and...
Further cracks emerged in the pay-TV bundle as media companies indicated that more people are cutting the cord and ditching channel packages.
*Disney, Viacom lead media selloff. Viacom fell 22 percent to $39.57, their lowest in almost four years. Twenty-First Century Fox fell 12.3 percent, while Time Warner, Comcast and CBS were all in the red.
Media stocks are getting crushed this week, but some investors are pulling bargains out of the wreckage.
*Disney cuts cable unit profit forecast, stock slides. *First Solar rallies after earnings, guidance. Aug 5- The S&P 500 and Nasdaq Composite rose on Wednesday following three days of losses as tech shares advanced, while the blue-chip Dow index was flat, weighed down by Disney's largest daily drop in seven years.
Led by the success of films such as " Jurassic World" and "Furious 7," Comcast Corp's Universal reached the milestone in seven months and beat the previous record of $5.52 billion worldwide, notched by 20th Century Fox in 2014.. Earlier this year, the studio set records for becoming the fastest to reach $1 billion at the global box office with " Jurassic World," and $5...
*Revenue $2.43 bln vs est. Aug 4- U.S. cable company Charter Communications Inc reported a slightly higher-than-expected quarterly revenue as addition of more Internet subscribers offset the impact of a fall in its video customers. JP Morgan analysts had expected Charter to add 60,000 Internet subscribers in the quarter.
Analyst Doug Creutz gives the three key things to watch when Disney reports earnings on Tuesday after the close.
Aug 4- U.S. cable company Charter Communications Inc reported a bigger quarterly loss, hurt by costs related to debt extinguishment and the failed deal between Comcast Corp and Time Warner Cable Inc.. Charter's deal to buy some assets of Time Warner Cable fell through after U.S. regulators refused to clear Comcast's $45 billion bid for Time Warner Cable.
The marketplace forces undermining traditional media conglomerates are being exploited by Netflix, media analyst Rich Greenfield tells CNBC.
DraftKings CEO Jason Robins has high hopes for the future. In it, he envisions a world that would combine fantasy and reality.
J.K. Rowling, the magical mind behind "Harry Potter," turned 50 on Friday and her reign as literary queen is stronger than ever.
What's new at the movies this weekend?