FBR just downgraded its rating for Disney and Time Warner to market perform from outperform. » Read More
Netflix set up a battle for broadband control of pay-per-view and the new world that we are just approaching. The deal gives Viacom approximately $1 billion dollars in licensing fees over five years—roughly $200 million a year.
Stocks traded lower on Tuesday ahead of the Federal Reserve's statement on monetary policy. Mario Gabelli, chief investment officer at Gamco Investors, shared his market insights.
Companies hoarding cash since the start of the recession are beginning to pass on some of it to shareholders , but it's unlikely to match the boom of a decade ago.
Stocks ended modestly lower after an unexpected rise in initial jobless claims and disappointing July retail sales, as the market awaited the critical July employment report.
Stocks were weak Thursday after an unexpected rise in initial jobless claims and July retail sales that were mostly weak.
Stocks skidded Thursday after a report showed an unexpected rise in jobless claims last week. Retailers were mixed as chain-store sales showed only a slight improvement from last summer's anemic levels.
The American consumer is a major theme Thursday, as chain stores report their monthly sales.
According to CNBC’s Kate Kelly, Goldman Sachs could spin off at least part of its proprietary trading operations as early as this month. Should you buy now?
The message from media and tech companies is clear: advertising is back in a big way. This week both Sir Martin Sorrell, CEO of WPP and Disney CEO Bob Iger told CNBC that the ad market has improved from last year and continues to improve. We've seen that demonstrated in results from a diverse group of industry players, from tech giants to newspapers.
There is always the danger one class of shares could get acquired, which would throw the relationship out of whack. There are also liquidity issues as well. But biggest reason for me is the notion that if something seems too good to be true, it probably is.
Reality television became a force because viewers liked it and because, without celebrities or big salaries, it was cheap. But now the genre is creating its own stars on shows like “Jersey Shore,” “The City” on MTV and the “Real Housewives” franchise on Bravo. With stars come demands for higher salaries.
There is a wealth-gap crisis in the United States that is threatening African-American families, Robert Johnson, chairman and founder of the RLJ Companies, told CNBC Monday.
Everyone tracks home sales closely for a sign about how the economy’s doing. But there’s another housing indicator you might not know about.
Hoo boy did I stir up a hornet’s nest yesterday by having the temerity to question whether it was “right” to publish Viacom billionaire Sumner Redstone’s hilariously stupid voice message left for an enterprising reporter at the Daily Beast.
Sumner Redstone, chairman of Viacom and CBS, is miffed by a story quoting anonymous sources depicting him as a lecherous casting-couch exec bent on forcing Viacom’s MTV to air “The Electric Barbarellas,” a reality show about a babefest band.
The attempts of Sony and Microsoft to replicate the success of Nintendo's Wii gaming system has been met with lukewarm reception, CNBC.com's Chris Morris reports.
The Allen & Company Sun Valley Conference is the biggest annual gathering of media moguls. See some of this year's Sun Valley power players.
If you can't turn to Treasuries for yield and the market continues to decline, how do you generate income? Steve Grasso has a few ideas.
Stocks fell sharply as selling accelerated in the final hour of trading Thursday. Worries about a double-dip recession, financial reform and Greece weighed on the market.
A judge granted Google's YouTube motion for summary judgment in Viacom's copyright lawsuit against the online video giant. Viacom filed a $1 billion suit against YouTube back in March 2007.