Some of the names on the move ahead of the open.» Read More
July 31- Discovery Communications Inc, which runs channels such as Animal Planet and Investigation Discovery, reported quarterly revenue slightly above analysts' expectations, helped by a jump in advertising sales in its international networks.
July 31- DirecTV, the No.1 U.S. satellite TV provider, reported a 5.3 percent rise in second-quarter revenue, helped by price increases and fewer subscriber disconnections. Net income attributable to the company rose to $806 million, or $1.59 per share, for the quarter ended June 30 from $660 million, or $1.18 per share, a year earlier.
WASHINGTON/ NEW YORK, July 29- The long-anticipated merger of Sprint Corp and T-Mobile US Inc is not expected to occur before September, with the companies continuing due diligence and preparing a detailed case for a deal before U.S. regulators, according to people familiar with the matter.
LONDON— London- based pay TV network BSkyB has agreed to take control of its sister companies in Italy and Germany, creating a multinational European satellite giant. BSkyB said Friday it will buy Sky Italia and 57 percent of Sky Deutschland for 5.35 billion pounds from media giant 21st Century Fox.
LOS ANGELES/ NEW YORK July 24- Chase Carey, Twenty-First Century Fox's president and chief operating officer, may be feeling pressure to stay in his job for several more years both from his boss, Rupert Murdoch, and from the company Murdoch is trying to buy, Time Warner Inc.
WASHINGTON, July 23- AT&T Inc's quarterly revenue rose a weaker than expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins.
After 21st Century Fox's failed bid to acquire Time Warner, the question arises as to what other media giants are now in play for purchase?
Controlling around 70 percent of Mexico's mobile market and more than 60 percent of landlines, Slim's America Movil has been blamed for overcharging consumers for patchy service since he bought a former state-run phone monopoly in the early 1990 s.
WASHINGTON, July 10- Verizon Communications Inc had a net addition of over 1.4 million postpaid subscribers in the second quarter, its chief executive said on Thursday, a dramatic increase from the first quarter, when customer growth fell short of expectations.
Dish Network said it plans to participate in the upcoming wireless spectrum auction which could position it to offer mobile services, Re/code reports.
"Barry and I decided a year and a half ago not to talk about Aereo," CBS CEO Leslie Moonves says.
MEXICO CITY, July 9- Mexican tycoon Carlos Slim's plan to divest a chunk of his most valuable asset, phone company America Movil, could open Mexico's telecoms market as never before to rivals.
Discovery Communication CEO David Zaslav said TV content companies are likely to consolidate in response to pending deals between cable companies.
The Department of Homeland Security's Industrial Control Systems Cyber Emergency Response Team, or ICS-CERT, issued the request after researchers with F-Secure of Finland and Symantec Corp of the United States reported that they believed Energetic Bear was behind a campaign to infect energy and industrial firms around the world with malicious software known as the Havex Trojan.
NEW YORK, July 1- U.S. stocks were set to kick off the third quarter with early gains on Tuesday, after a report showed China's factory sector expanded in June for the first time in six months, and ahead of U.S. data expected to show manufacturing continued to grow.
Markit, ISM factory data due. NEW YORK, July 1- U.S. stock index futures kicked off the third quarter with early gains Tuesday, buoyed by a report showing China's factory sector expanded in June for the first time in six months, and ahead of U.S. data expected to show manufacturing continued to grow.
Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led CEOs to strike big transactions in 2014.
NEW YORK, June 30- Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years.
MEXICO CITY, June 27- Carlos Slim's real estate firm, Inmobiliaria Carso, will buy AT&T Inc's equity stake in America Movil, tightening the Mexican tycoon's control of his flagship telecommunications firm, according to a filing with Mexico's stock exchange on Friday.
The Supreme Court ruling against Aereo was a very "pro-consumer thing" and a "terrific victory" for content providers, CBS CEO Leslie Moonves said.