Amid weak economic data and advertising sales, media companies are looking for additional sources of revenue to supplement lagging advertising sales. Because CBS relies heavily on advertising revenue, its stock may have hit its peak, one analyst said—but another analyst is still long on the media giant.
A massive new effort to crack down on intellectual property theft spans industries and every point of the content creation and distribution chain. It's called "Copyright Alert System" and it aims to stop people pirating from pirating content online, by very simply preventing them from surfing the web.
In Comcast's first quarter since acquiring a majority stake in NBC Universal, CNBC's parent, the cable and media giant beat expectations. The cable division continues to draw more, higher-value subscribers, despite growing competition. NBC Universal reported far more granular numbers than it did when it was wholly owned by GE, and as expected, the cable networks thrived while the broadcast network continued to struggle.
Today HBO officially launched its new app, HBO Go, to allow HBO subscribers to access its content from anywhere. Ben Swinburne, Morgan Stanley's media analyst, says this could be a win-win-win — helping Time Warner grow its subscriber base, enabling cable and satellite TV companies to hold on to their subscribers, and giving consumers more access to content.
The volume of ads marketers are buying has increased, and the amount they're spending on each ad is higher as well. This strength in the first quarter bodes well for the Upfront ad sales period, when networks look to sell a big chunk of their ad inventory for the coming year.
Here is a look at some of the companies in the S&P 1500 that have increased dividend payments in recent months, have a yield greater than 2.5 percent, and a free cash flow payout ratio less than 60 percent.
Time Warner Cable and Viacom have been fighting over whether TWC can stream Viacom's channels to its iPad app in consumers' homes -- now they're turning to judges to decide. This is the latest development in what promises to be an ongoing battle between content creators and distributors -- who controls what?
The technology giant on Friday announced its first-ever dividend. Is it an act of desperation? The "Fast Money" traders weigh in.
As the markets plummet Netflix is a rare bright spot in a sea of red — the subscription movie service is now trading up more than 7.5 percent. Netflix is bucking the trend thanks to an upgrade from Goldman Sachs, which raised its rating from 'buy' to 'neutral,' and lifted its price target to $300. That's still a good $50 more than where it's trading now.
The 3D TV market just got a little more exciting. On Sunday, '3net' launched in 18 million homes from Discovery, Sony and Imax. And on Monday, as a Valentine’s gift to sports fans, ESPN launched on DirecTV, Comcast and Time Warner Cable. This brings the total number of 3D networks to three, including DirecTV's 'N3d' channel, launched last year in partnership with Panasonic.
There were a few acquisitions in the larger media world this week that were far from blockbusters, but worth a quick review.