One of the fastest-growing sectors in tech, mobile apps are a Wall Street darling. Newbies are jockeying to be the next Twitter.» Read More
NEW YORK, March 26- Wireless venture LightSquared on Thursday concluded three years of litigation with creditors, securing U.S. Bankruptcy Court approval of a plan to end its Chapter 11 case and repay in full its largest creditor, Dish Network Corp Chairman Charles Ergen. Under the plan greenlighted by Judge Shelley Chapman in U.S. Bankruptcy Court in New York,...
NEW YORK, March 26- Verizon Communications Inc may rely largely on advertising for revenue from its upcoming online video service, Chief Financial Officer Fran Shammo said in an interview. Original online programming on Verizon's service could use an "advertising-type" model, "not necessarily a consumer-pay model," Shammo said in the recent interview.
Incoming Dish Network CEO, Charlie Ergen, sits down with CNBC's David Faber to discuss his plans for Dish in the short term and long term future.
Incoming Dish Network CEO, Charlie Ergen, sits down with CNBC's David Faber to discuss Dish's spectrum plan and his take on Google.
As more players join the online streaming field, companies like Netflix and Hulu find themselves in a new role, the NYT reports.
SONY'S PLAYSTATION VUE ONLINE TV SERVICE LAUNCHES AT $50 A. NEW YORK, March 18- Sony Corp on Wednesday launched its PlayStation Vue Web video service in three cities, targeting customers looking for cheaper alternatives to cable with packages starting at $50. Sony's service will have more than 85 channels, including programming from three major networks, CBS,...
NEW YORK, March 18- Bankrupt wireless venture LightSquared has filed a new restructuring plan that would pay the full $1.5 billion claim of its largest creditor, Dish Network Corp Chairman Charles Ergen, in cash, with interest. The plan, filed late on Tuesday and outlined on Wednesday morning in court papers in U.S. Bankruptcy Court in Manhattan, depends on $1.515...
Apple is reportedly in talks with programmers to offer an online TV service—a service that could help sell more devices.
NEW YORK, March 17- Cerberus Capital Management and Solus Alternative Asset Management on Tuesday proposed a new plan to restructure bankrupt wireless venture LightSquared, with the support of billionaire Charles Ergen, LightSquared's largest lender. The plan is designed to compete with a LightSquared-backed one whose fairness is the subject of an...
The rise of cord-cutting will bring huge changes in TV viewing. Apple already controls our phones. Will it also take control of our TVs?
Apple's plans for its Web television service are really shaking things up for consumers and the cable companies.
The FCC needs to take action to keep the big guys from taking advantage of auction policies to protect the little guys, says David Williams.
The Disney brand is stronger than ever, bolstered by movies, TV, consumer products, digital properties and theme parks.
NEW YORK, March 9- A lawyer for LightSquared on Monday said the company will set aside $400 million to give certain bankruptcy lenders, including Dish Network Corp Chairman Charles Ergen, the option to take a portion of their repayment in cash instead of notes. LightSquared, owned by Phil Falcone's Harbinger Capital Partners, was planning a massive wireless...
The New York Times takes a deeper look at the changing television landscape and the future of the cable bundle.
NEW YORK, March 6- LightSquared gained momentum this week in its effort to end its three-year bankruptcy after a judge dealt a blow to its main creditor and adversary, Charles Ergen, ahead of a week-long trial on its latest debt restructuring plan. LightSquared, the would-be wireless provider owned by Phil Falcone's Harbinger Capital Partners hedge fund, on...
Some of the names on the move ahead of the open.
U.S. stocks pulled back from Friday's records to close narrowly mixed ahead of Fed Chair Janet Yellen's remarks over the next two days.
Feb 23- Co-founder and Chairman Charlie Ergen will return to the helm of Dish Network Corp, which is struggling to stanch subscriber losses, when the incumbent chief executive steps down next month. Joe Clayton, 65, who has been CEO of the second-biggest U.S. satellite TV company since 2011 when Ergen relinquished the post, will retire on March 31.
Dish Network's current CEO will be replaced by company founder Charlie Ergen on March 31.