Pandora Chief Technology Officer Resigns
Pandora Media is having yet another management change. This time around it is in the chief technology officer role. Investors did not seem overly concerned in early trading on Tuesday.
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Newest first · Page 198Sirius XM Gets Another Upgrade
Shares of Sirius XM were reinstated with an Overweight rating at Evercore Partners. The company is now no longer involved in a low-ball buyout attempt by John Malone and Liberty Media.
Why Facebook Was Downgraded
Facebook was downgraded to Hold from Buy at Argus on Monday. The call is not all that bad on the surface, and Argus even maintained its a Buy rating on its long-term outlook with…
Los Angeles Sues Time Warner Cable
The Los Angeles Times reported over the weekend that the city of Los Angeles has filed a lawsuit against Time Warner Cable for allegedly cheating on its franchise fees to the city for more…
Analyst Sees Sirius XM Worth $5 After No Merger
The Merrill Lynch team, led by Jessica Reif Cohen, is reinstating Sirius XM Holdings with a Buy rating on the heels of the new Liberty Media strategy. What really stands out is that the…
Facebook Begins Rollout of “Meaningful” Video Ads
While CEO Mark Zuckerberg has been offering the president his two cents on government spying, Facebook announced Thursday that it has begun to roll out "premium" video ads in the feeds of its users.
New Sirius Deal Even Worse Than Old Sirius Deal
After markets closed on Thursday, Liberty Media announced that the company plans to create two new tracking stock groups. That cancels Liberty's offer to purchase the 48% of Sirius XM Holdings it does not…
Should Apple iTunes Be Allowed to Get Exclusive New Releases From Major Artists?
Apple has begun pressuring major record labels to conduct new releases exclusively through the iTunes store. Could there be antitrust issues here if this were to become the norm?
Is HBO GO “True Detective” Outage From Password Sharing?
There has been an uproar over an HBO GO outage during the season finale for the "True Detective" series. As the simulcasting service is for those HBO subscribers with set-top boxes or other subscription-based…
Cars.com Hangs Out the For Sale Sign
Automobile classified ad site Cars.com is reported to be out seeking a buyer at an asking price of around $3 billion. The site is owned by Classified Ventures, a consortium of newspaper publishers.
“300: Rise of an Empire” Should Help Time Warner Bottom Line
"300: Rise of an Empire," released by Warner Bros., brought in $45.05 million in domestic ticket sales over the weekend. That figure was high enough to help the media company's bottom line, particularly if…
Icahn Adds Facebook Account to His Social Media Arsenal
ThinkstockActivist investor Carl Icahn said on Friday that Icahn Enterprises LP (NASDAQ: IEP) will begin using its Facebook page to disclose material non-public information. Icahn already uses Twitter and a website (www.shareholderssquaretable.com) to communicate…
Dutch Company to Offer Single News Stories on iTunes Model
ThinkstockEver since the early days of the World Wide Web, people have talked about making individual news stories available for very small amounts of money. The so-called micro-payments idea never took off because it…
Pandora Listener Hours Slip and Spotify Gets Acquisitive
Pandora Media announced its latest listener metrics Thursday morning, and the news has taken some of the air out of the company's stock. Adding to the concerns is the news of a acquisition by…
The Movie Business Needs Another 2014 Blockbuster
In 2013, U.S. movie studios as a group posted gross receipts of $10.92 billion, and the top grossing film of the year was "Iron Man 3" from Walt Disney's Buena Vista studios with $409…