If stocks sell-off on Friday Jim Cramer wants you to be ready.» Read More
Citigroup's Tobias Levkovich has released his top picks for '07. Here are the hints to the stocks he liked--that you may have heard on "Squawk on the Street": 1) your parents were wrong; TV is good for you, 2) another of his favorites can be found in the mall, 3) the real little engines that could. Think you know which ones Levkovich likes? See if you guessed right...
So much for CBS's spinoff from Viacom -- meaning that it's focusing on one business -- the eye is really trying to become a vertically integrated media company. First CBS says it's starting a movie studio -- making films to fill its cable TV slots (owning the content means no fees, more control) -- and now, CBS is starting a music business.
Who could have imagined Disney, Fox, Viacom, CBS and NBC Universal all teaming up together? They're so desperate to compete with Google's YouTube -- and to get paid for all that copyrighted material -- that desperate times have called for desperate measures. But more often that not, too many cooks spoil the broth.
While a deal is still far off, the four media companies envision a jointly owned site that would be the primary Web source for videos from their television networks,
It's been just under a year since Viacom split in two and CBS President/CEO Les Moonves is still standing. During the Moonves tenure--CBS stock has gone up almost 20%. The company has a lot of cash and some on Wall Street think CBS isn't doing enough with it. CNBC's David Faber has reaction from Moonves on the "cash problem" on "Squawk on the Street."
Media is bigger business than ever – tens of billions of dollars of TV ads, movie ticket sales, DVDs, and online ads – and it’s not just the Viacoms and Yahoos that are media companies.
A record number of U.S. corporate bosses have left their jobs this year, in part reflecting the widening stock options backdating scandal, according to data released today.