This company's earnings report showed an important change for the company, Cramer said, and investors can expect increased a "higher margin cycle."
Google is on the verge of unveiling an à la carte subscription service for some of YouTube's specialist video channels, the Financial Times reports.
U.S. stock index futures were flat ahead of the outcome of the Federal Reserve's two-day meeting and after the S&P 500 set a fresh all-time high in the previous session.
Stocks exit April on a new high, and with the promise of continuing easy money policies, investors could be tempted to rethink the "sell in May and go away" strategy of recent years.
Some businesses have reopened, but many others remain closed. Slow cleanup and lack of connectivity are among the roadblocks. An update from the Jersey Shore to lower Manhattan.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
Markets are forcing change for cable operators, which may cause the unraveling of cable channel bundling, media titan John Malone told CNBC.
News Corp. has gained 35 percent since announcement to separate its publication and TV businesses, earnings are estimated to rise 19 percent this year, TheStreet.com reports.
Cablevision Systems is claiming that Viacom sought to extract a nearly $1 billion penalty if it refused to pay for low-rated channels it did not want in order to access more popular channels.
Time Warner's decision to spin off Time Inc. will allow the media conglomerate to focus entirely on its cable television and film businesses. The New York Times reports.
CNBC's Julia Boorstin reports the media giant will spin off Time Inc. as an independent, publicly traded company later this year.
Time Warner says its board has approved a tax-free spin off of Time Inc., reports CNBC's Mary Thompson.
Traditional media stocks have been on quite a run into the Dow Jones' rise towards hitting the 14,198 intraday peak, with the five biggest media giants hitting new highs. Here's what has been driving the media industry's gains.
Cablevision sued Viacom for forcing it to pay for more than a dozen low-rated cable networks in order to get access to Viacom's more popular channels such as Nickelodeon, MTV and Comedy Central.
Internet users who illegally share music, movies or television shows online could soon receive warning notices from the nation's major Internet service providers.
Check out which companies are making headlines before the bell on Friday:
News Corp. beat earnings expectations, but shares reversed their move upward and headed into negative territory on the media giant's lowered outlook on concerns about the European economy.
Time Warner increased its dividend by 11 percent, and authorized a new $4 billion buyback. CNBC's Julia Boorstin spoke with its CEO Jeff Bewkes for more insight.
U.S. stock index futures erased their early gains to turn lower in choppy pre-market trading Wednesday, as investors parsed through a batch of mixed earnings news .
Netflix's move into original content could shift the business, BTIG media analyst Rich Greenfield says.