This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and sarcastic reflections.
Feb 13- Discovery Communications Inc' quarterly profit rose higher-than-expected as advertising revenue in its international networks more than doubled. Media companies such as Discovery make money from advertising on their cable networks and from fees paid by companies such as Comcast Corp and DirecTV to carry their channels.
Feb 13- Comcast Corp said on Thursday it would buy Time Warner Cable Inc for $45.2 billion in an all-stock deal that combines the two largest U.S. cable operators.
Feb 10- Rackspace Hosting Inc's chief executive of seven years is retiring as the web hosting company looks to transition into a cloud software developer. The company, whose recent customer wins included Directv and Swiss watch maker Swatch, forecast 2014 revenue of $1.77 billion to $1.8 billion, largely below analysts' estimate of $1.79 billion.
Jan 28- Comcast Corp on Tuesday reported that it added more video subscribers than expected in the fourth quarter and beat cash flow estimates at its NBC Universal media unit, sending shares up more than 1 percent.
Jan 27- DirecTV and Dish Network Corp. Technology to deliver customized ads is widely used online by companies such as Google and Facebook Inc, but is only now starting to be offered by TV operators.
Jan 21- Verizon Communications Inc's acquisition of Intel Corp's venture to create a web-based TV service may be the catalyst that pushes U.S. cable players to start similar products to fend off fast-growing video rivals such as Netflix Inc and Amazon.com Inc..
About 20 million DirecTV customers nationwide lost The Weather Channel because of a dispute over fees between the channel and the satellite service.
LOS ANGELES/ NEW YORK, Jan 13- Known as "The King of Cable" after he built a small Denver cable company into the nation's largest system in the 1980 s, John Malone aims to become the king of consolidation in the same industry once again.
Jan 9- British set-top box maker Pace Plc said full-year earnings would beat previous expectations and jump at least 20 percent, driven by strong demand from North America, its largest market. The company's shares shot up about 5 percent in early trade on Thursday morning, making it the biggest percentage gainer on the FTSE -250 index.
LAS VEGAS, Jan 7- Sony Corp will begin testing a new television service that combines traditional viewing with on-demand content through its PlayStation gaming system, a cloud-based service could possibly change long-established cable and media industry relationships.
LAS VEGAS, Jan 6- Amazon.com Inc is teaming up with Samsung Electronics Co Ltd and major media corporations including Warner Bros and Lionsgate to popularize "4 K" ultra high-definition television.
U.S. cable and satellite Tv operators are now squaring off over the mobile apps that viewers are increasingly using to watch TV.
Internet-based services such as Netflix Inc have gotten millions of viewers accustomed to catching shows on tablets and phones.
DirecTV is developing an Internet product that it would sell separate from its core video service. Separately, it's exploring a deal with the NFL.
Dec 12- DirecTV Chief Executive Officer Mike White said on Thursday the satellite TV operator was developing an Internet product that it would sell separate from its core video service, giving it a new business as growth in the U.S. pay TV market begins to slow.
Some of Thursday's midday movers:
Dec 12- Satellite TV provider DirecTV said it expects earnings of $8 per share by 2016, a more than 15 percent compounded annual growth, helped by strong subscriber additions. The company's projections exclude results from Venezuela due to the huge currency devaluation.
Will the arms race in baseball finally come to a breaking point? Will the NFL regain its mojo? What lies ahead in sports is not a sure bet. CNBC's Dominic Chu offers his insights.
Nov 26- Digital video recorder maker TiVo Inc reported better-than-expected quarterly results, helped by strong growth in cable television subscriptions. Cable subscribers are turning to TiVo in larger numbers as the device also allows them to access online video services such as Netflix Inc, Hulu and Google Inc's YouTube.