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Brean Favors CBS, Time Warner In Large-Cap Media; Says Hold Disney, 21st Century Fox, Viacom
Thursday, July 7, 2016 - 3:03pm | 538Read More...Investor fears over the long-term impact of cord-cutting have weighed heavily on large-cap entertainment stocks in recent years. Despite the uncertainty of a changing media world, Brean Capital analyst Alan Gould sees some compelling value for selective investors. “The group is trading at...
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Tribune Publishing Re-Brands As Tronc, Hilarity Ensues
Friday, June 3, 2016 - 8:35am | 485Read More...Tribune Publishing Co (NYSE: TPUB) is one of the most iconic, not to mention oldest newspaper and print media publishing companies in the U.S., having been founded back in 1847. A newspaper and print media company that's approximately 170 years naturally felt the need to re-brand itself to...
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The Simple Bear Necessities: Disney Bears 'Did Not Get What They Wanted' From Q1
Wednesday, May 11, 2016 - 1:42pm | 286Read More...The more than 5 percent drop in Walt Disney Co (NYSE: DIS)'s stock on Wednesday should solidify the bear argument against owning the stock. However, this is not the case according to Jason Bazinet, Citigroup's media analyst. Bazinet was a guest on CNBC's "Squawk on the Street" segment on Wednesday...
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Tribune Declines Gannett's Takeover Offer Despite Company 'Getting Weaker'
Thursday, May 5, 2016 - 8:12am | 349Read More...Tribune Publishing Co (NYSE: TPUB), a multi-platform media and marketing solutions company, received an offer on April 12 from Gannett Co Inc (NYSE: GCI) to fully acquire the company at a price of $12.25 per share. Related Link: Tribune Publishing Confirms Unsolicited Offer From Gannett On Thursday...
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Time Warner Reports Mixed Q4 But Issues Better-Than-Expected Guidance
Wednesday, February 10, 2016 - 8:37am | 290Read More...Shares of Time Warner Inc (NYSE: TWX) were trading higher by around 1.50 percent early Wednesday morning after the company reported its fourth quarter results. Time Warner earned $1.06 per share in the fourth quarter on revenue of $7.1 billion. Wall Street was expecting the company to earn $1....
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In A Shifting Media Landscape, One Thing Stays The Same: Super Bowl Ads
Thursday, January 28, 2016 - 10:21am | 524Read More...The media industry has been struggling through a period of intense change over the past few years as more and more people abandon traditional cable in favor of subscription services. On-demand programming has had a significant impact on marketing efforts as firms look for new ways to reach their...
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Tegna Spikes Following New Affiliation Agreement With NBC
Thursday, January 14, 2016 - 2:20pm | 161Read More...Shares of Tegna Inc (NYSE: TGNA) were trading higher by more than 4 percent at $23.83 early Thursday afternoon after the company confirmed the renewal of an affiliation agreement. Tegna announced that it has reached an agreement with NBC for the renewal of the affiliations agreements of all 17...
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Time Warner Extends CEO Jeff Bewkes Until 2020, Notes 162% Shareholder Return Since Taking Over
Friday, January 8, 2016 - 9:09am | 213Read More...Shares of Time Warner Inc (NYSE: TWX) were trading higher by nearly 2 percent early Friday morning after the company announced a three-year contract extension with its Chairman and CEO Jeff Bewkes. Bewkes was named Chairman and CEO of Time Warner in 2009. Since then, the executive oversaw a total...
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Media General's Stock Jumps Following Report Of A Bid From Nexstar Broadcasting
Wednesday, December 23, 2015 - 2:35pm | 160Read More...Shares of Media General Inc (NYSE: MEG) jumped higher by more than 3 percent on Wednesday following a report by Reuters that the company may be an acquisition target. Media General is a connected-screen multimedia company that operates around 71 television stations. According to Reuters,...
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Nexstar Close To Acquiring Media General For More Than $2 Billion
Wednesday, December 23, 2015 - 10:56am | 127Read More...Shares of Nexstar Broadcasting Group, Inc. (NASDAQ: NXST) were higher by nearly 1 percent at $56.57 Wednesday morning after the New York Post reported that the company is close to acquiring rival Media General Inc (NYSE: MEG). The New York Post noted that Nexstar is prepared to offer more than $2...
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Media Stocks Showing 'Stress,' But Andy Hargreaves Is Positive On These Three Stocks
Tuesday, November 17, 2015 - 2:03pm | 439Read More...Andy Hargreaves, a media analyst at Pacific Crest, said in a note that he has a positive near-term view of the TV networks. Hargreaves noted that his "favorite longs" remain AMC Networks Inc (NASDAQ: AMCX), Twenty-First Century Fox Inc (NASDAQ: FOXA) and Netflix, Inc. (NASDAQ: NFLX). Hargreaves...
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3 Content King Stocks That Aren't Netflix
Monday, September 21, 2015 - 10:06am | 658Read More...Nick Bertolotti of Credit Suisse commented that within the media space ‘Content Is King.' ITV PLC (OTC: ITVPF), Net Ease, Inc (ADR) (NASDAQ: NTES), and Time Warner Inc (NYSE: TWX) are ‘Kings' in the media space. The three names offer long-term growth potential within...
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How Much Is Turner Worth To Time Warner?
Thursday, September 10, 2015 - 3:36pm | 511Read More...Shares of Time Warner Inc (NYSE: TWX) have declined more than 20 percent over the past eight weeks. John Janedis of Jefferies reiterated a Buy rating with a price target lowered to $85. Janedis sees Turner growing through 2018 and continue being the largest contributor towards Time Warner's EPS...
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How To Play The Cable Sell-Off
Friday, August 7, 2015 - 12:08pm | 446Read More...In a report published Friday, Buckingham Research Group analyst James Ratcliffe commented that Thursday's sell-off in cable stocks is "overdone" and offers investors an "attractive" entry point. According to Ratcliffe, the U.S. pay TV industry lost 510,000 subscribers in...
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15 Women Championing The Media Revolution
Thursday, April 2, 2015 - 12:45pm | 2182Read More...The rapid decline of the newspaper business over the past couple of decades was a major hit to the media world, but there are new and powerful forms of media that have gained an immense amount of traction on the digital frontier. Websites like Buzzfeed and Gawker are embracing wit, snark and...
