Media

social media

App Media Consumption Up Nearly 40% Year over Year

In the past two years, media consumption by means of mobile apps has nearly tripled in the United States. At the end of 2014, an average U.S. user spent 46 ...
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bigger fish

Consolidated Communications Moves to Acquire FairPoint

Consolidated Communications Holdings Inc. (NASDAQ: CNSL) saw its shares pull back early Monday, after the company announced that it will acquire FairPoint Communications Inc. (NASDAQ: FRP). This will be an all-stock ...
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social media

Social Media Ad Spending to Pass Newspapers in 2020

It has been a long time since media industry observers began to believe it was better to be Facebook than the New York Times, at least financially. Based on a ...
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online-publishing

With 93 Million Visits, Breitbart Remains Web Giant

Breitbart.com had 93.2 million visits in November. That made it nearly two-thirds the size  of Gannett's (NYSE: GCI) USAToday.com and nearly three times the size of Comcast's (NASDAQ: CMCSA) MSNBC.com. ...
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Time magazine logo

Meredith May Step Into Time Bidding — NY Post

A potential deal for Meredith Corp. (NYSE: MDP) to take over part of Time Inc. (NYSE: TIME) ended long ago. However, according to the New York Post, it may surface ...
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social media

Social Media Short Interest Rises

Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. A lot of ...
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Amazon.com logo

Amazon’s “The Grand Tour” Car Show Breaks Streaming Records

Over 16 million cars and light trucks will be sold in the U.S. this year, and millions more in the U.K. and Germany. Tapping into that market, Amazon (NASDAQ: AMZN) ...
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IPO

CBS Radio Files for IPO

CBS Radio Inc. filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. There were no pricing details listed in the filing ...
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Detroit, Michigan abandoned building

Detroit’s Two Newspapers Plan To Slash Jobs Before Holidays

Management of The Detroit Free Press, owned by Gannett (NYSE:GCI) and The Detroit News, owned by Digital First Media, will put a number of their editorial workers on the streets, ...
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Hillary Clinton

Fake News Topped Real News on Facebook Late in the Election

Facebook Inc. (NASDAQ: FB) was worried about this, and so was traditional media. Bogus news sites had more traffic than legitimate ones late in the election cycle, according to a ...
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watching TV

Trump Media Network Still Could Very Well Be a Thing in 2017

Special to 24/7 Wall St. From PrivCo 516 days ago, a Queens-born Manhattan real estate developer decided to run for President, and in the process convinced roughly 60 million Americans to ...
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burning cash

Why Disney Earnings Aren’t Enough

The Walt Disney Co. (NYSE: DIS) reported fiscal fourth-quarter financial results after markets closed on Thursday. Unfortunately, the report this quarter did not live up to expectations and there has ...
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Disney

What to Expect From Disney Earnings

Walt Disney Co. (NYSE: DIS) is scheduled to release its fiscal fourth-quarter financial results after the markets close on Thursday. The consensus estimates from Thomson Reuters call for $1.16 in ...
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ousted

A Twitter Captain Leaves the Titanic

Twitter Inc.'s (NYSE: TWTR) Chief Operating Officer Adam Bain was thrown under the bus by flailing CEO Jack Dorsey. Many investors have suggested that it is Dorsey who should leave. He ...
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social media

Social Media Short Interest Rises

Social media has taken the world by storm, building virtual communities for anyone who has internet access and allowing people to connect and share across the globe. A lot of ...
Read Full Story »