As technology and entertainment merge, more big names in film and TV are launching accelerators to produce blockbuster start-ups.» Read More
Netflix hit an all-time high of $485.30 earlier on Monday, before easing to close at $480.93, up 0.4 percent on the day.
Aug 25- Time Warner Inc's Turner cable division is preparing to offer buyouts targeting 500 to 600 staffers, or roughly 4 percent or its workforce, according to a person familiar with the company. During a quarterly earnings call on Aug. 6, Time Warner executives said the reorganization would likely be material in the second half of the year.
LOS ANGELES/ NEW YORK, Aug 24- Following are the top 10 movies at North American box offices for the three days starting Aug. 22, led by "Guardians of the Galaxy," according to studio estimates compiled by Reuters. $17.6 million 2 Teenage Mutant Ninja Turtles........... $16.8 million 3 If I Stay..............................
LOS ANGELES/ NEW YORK, Aug 24- Marvel's hit space adventure "Guardians of the Galaxy" returned to win the domestic box office race in its fourth week of release, slaying the "Teenage Mutant Ninja Turtles" and ending the oversized reptiles' two-week reign at the top of the charts. Time Warner Inc's Warner Brothers distributed "If I Stay."
The premium cable channel is drawing viewers thanks to a Kazakh knockout artist who may become the next hero of boxing.
The nation's largest employers are projecting health-benefits costs will rise 6.5 percent in 2015, according to a new survey from NBGH.
Aug 11- Hedge fund ValueAct Capital LLC said it had taken a $1 billion stake in Rupert Murdoch- controlled film and TV company Twenty-First Century Fox Inc.. Fox withdrew its $80 billion bid to buy Time Warner Inc last week after being rebuffed by the owner of CNN, HBO and Warner Bros studios.
When Rupert Murdoch and Masayoshi Son walked away from their deals last week, the moguls created a shock wave on Wall Street.
Aug 11- Hedge fund ValueAct Capital LLC has taken a $1 billion stake in Rupert Murdoch- controlled film and TV company Twenty-First Century Fox Inc, CNBC reported. ValueAct built its position when Fox was seeking to buy Time Warner Inc, CNBC's David Faber said.
LOS ANGELES/ NEW YORK, Aug 10- The return of the "Teenage Mutant Ninja Turtles" earned $65 million in ticket sales at U.S. and Canadian movie theaters over the weekend, easily winning a box office battle with Marvel's outer space hit "Guardians of the Galaxy."
LOS ANGELES/ NEW YORK, Aug 10- The return of the "Teenage Mutant Ninja Turtles" kicked up $65 million in ticket sales at U.S. and Canadian movie theaters over the weekend, winning a box office battle with Marvel's hit "Guardians of the Galaxy."
The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.
Aug 7- Media company CBS Corp, owner of the most-watched U.S. television network, reported a quarterly profit that beat Wall Street forecasts on Thursday, though weaker advertising and a decline in television licensing dragged on revenue.
NEW YORK, Aug 7- U.S. stocks fell in choppy trading on Thursday as a sanctions confrontation between Russia and the West kept traders eager to cash any gains. Markets kept an eye on eastern Europe as Moscow imposed a ban on imports of many Western foods, retaliating against sanctions imposed for its support of rebels in eastern Ukraine and the annexation of Crimea.
NEW YORK, Aug 7- U.S. stocks rose at the open on Thursday following upbeat labor market data, amid a backdrop of a sanctions confrontation between Russia and the West that highlighted the relative strength of the U.S. economy.
While “neutral” on the potential deal, Mario Gabelli did say on “Squawk Box” that he expects to continue to benefit from owning both stocks.
NEW YORK, Aug 7- U.S. stocks were set to rise at the open on Thursday following upbeat labor market data, amid a backdrop of a sanctions confrontation between Russia and the West that highlighted the relative strength of the U.S. economy.
NEW YORK, Aug 7- U.S. stock index futures edged up on Thursday ahead of jobless claims data, amid a backdrop of an escalation of tensions as Russia banned Western food imports in retaliation against Western sanctions.
Some of the names on the move ahead of the open.
NEW YORK/ LONDON Aug 7- Investors fretting about the possibility of a big reversal in global stock markets may just want to borrow a slogan from the British- and just keep calm and carry on.