Analyst expect a expect a 27 percent decline in quarterly revenue for DreamWorks, while IAC's quarterly revenue is to expected to increase by 18 percent.
CNBC's Seema Mody previews earnings for two media giants, DreamWorks and IAC.
We're heading into the end of the heavy period of earnings season. Next week more than a quarter of the S&P 500 is set to report, including big names in media.
Appearing on CNBC, Aereo CEO Chet Kanojia defended its technology after a favorable court ruling allows the start-up to expand service letting consumers watch live TV over the web.
In a victory for startup Aereo, a federal appeals court rejected a TV station owners' appeal of an earlier decision, USA Today reports.
Greg Blatt, IAC CEO, discusses his company's fourth quarter earnings miss, as operating losses continue in its media division, and reveals the company's plans to expand its profitable assets.
Liberty Interactive has purchased a bulk of stock in TripAdvisor, giving it voting control over the web travel operator, both companies announced on Tuesday.
Here are Wednesday's morning movers.
Take a look at some of Tuesday's morning movers.
Nov 3- As Sandy hammered the northeast United States this week killing more than 100 people, contingency plans were washed away and businesses had to improvise as the storm knocked out power to millions and stranded entire communities.
Greg Blatt, IAC Corp CEO, explains why shares of his company's stocks were briefly halted due to what appeared to be confusion around a reported number, with CNBC's Julia Boorstin.
*Q3 adjusted EPS 71 cents vs Wall St view 66 cents. Oct 24- IAC/InteractiveCorp easily beat quarterly expectations on the strength of its search business but its shares slumped, which the company said was due to a misinterpretation of its forecast by FactSet Research Systems.
CONFUSED INVESTORS: Shares of IAC/InterActiveCorp declined Wednesday amid investor confusion over the company's 2013 guidance following a mistake by a financial-information provider.
*Q3 adjusted EPS 71 cents vs Wall St view 66 cents. Oct 24- Media veteran Barry Diller's IAC/InteractiveCorp breezed past quarterly expectations on the strength of its search businesses such as Ask.com.
Oct 24- Web conglomerate IAC/InteractiveCorp reported higher quarterly revenue but profit fell almost 40 percent due to a tax benefit from the same period a year ago.
LOS ANGELES-- Newsweek's decision to stop publishing a print edition after 80 years and bet its life entirely on a digital future may be more a commentary on its own problems than a definitive statement on the health of the magazine industry. Paid magazine subscriptions were 1.1 percent in the first half of the year, according to the Audit Bureau of Circulations.
NEW YORK-- Shares of Vringo, which buys and licenses patents, jumped more than 16 percent in heavy trading Monday, after the company said it filed a patent infringement lawsuit against ZTE Corp.' s U.K. subsidiary.
A group of entrepreneurs calling themselves "pigeons" _ French slang for someone who has been taken advantage of _ have mounted a campaign on Facebook and Twitter against a new law that will tax investments along the same lines as salaries _ on a sliding scale _meaning they would have to pay a lot more.
*Needham raises IAC/InterActivecorp to buy from hold. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
This week Aereo won a victory — a federal judge ruled in favor of the startup, refusing to block the controversial antenna-based subscription service that takes free over-the-air TV broadcasts and streams them to any Internet-enabled device.