Some of Wednesday's midday movers:» Read More
Cablevision says it is exploring whether to spin off Rainbow Media, the group that owns networks such as AMC, IFC, the Sundance Channel and Wedding Central, by the middle of next year.
Satellite TV operator Dish Network said Friday that News Corp.'s Fox television unit cut its access to 19 regional sports networks, FX and the National Geographic Channel after Dish refused to pay for a rate increase of more than 50 percent.
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Back before Cablevision spun off Madison Square Garden, we did not have a pure options trade on where LeBron James will end up. But today we do have such a play now that MSG is publicly traded, and investors and sports fans are betting that King James will come to the world's biggest stage in New York City.
As the media world speculates on where LeBron James will land, the market, at least, seems to be leaning towards the New York Knicks.
Shares of Madison Square Garden Inc., the publicly traded owner of the New York Knicks, are up 12 percent since the Boston Celtics began their three-game win streak that knocked the LeBron James-led Cleveland Cavaliers out of the NBA playoffs.
It took just two and half minutes into the New York Rangers v. New York Islanders hockey game to deliver what many curious fans watching the 3D telecast wanted to see: the first 3D hockey fight. While the fight itself didn’t amount to much, the 3D aspect didn’t disappoint.