courtesy of AOL, IncAOL Inc. (NYSE: AOL) reported second-quarter 2013 results before markets opened this morning. The online media and brand company posted diluted earnings per share (EPS) of $0.35 on revenues of $541.3…
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsThe flagship of New York Times Co. (NYSE: NYT) and The Wall Street Journal each ran lengthy articles about how Jeff Bezos could transform the flagship of the…
courtesy of the Walt Disney Co.The Walt Disney Company (NYSE: DIS) no longer has to worry about the fight to split the roles of Chairman and CEO apart from Bob Iger, but now investors…
The world of media convergence gets stranger and stranger by the month. Old media wants to be new media, but now it seems that the billionaires want to control the world of old media.…
ThinkstockWhat big city daily is not for sale, or has been sold already? The New York Times Company (NYSE: NYT) has not parted with its flagship. However, the company probably would get very little for it,…
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsThe Washington Post Company (NYSE: WPO) has announced that Jeff Bezos is paying $250 million to acquire the Post’s newspaper publishing businesses, which of course includes the Washington…
Major League Baseball (MLB) has handed down its 50-game suspensions to 12 baseball players. Six of the players are in the major leagues right now, and six of them currently are playing in various aspects…
ThinkstockIn an attempt to end the three-day blackout of CBS Corp. (NYSE: CBS) programming on Time Warner Cable Inc.’s (NYSE: TWC) cable systems, the cable operator has sent a letter to CBS offering two…
Facebook Inc. (NASDAQ: FB) just managed a new milestone for the first time since its initial public offering (IPO). It broke back above the $38 offering price on Friday, and now shares are up…
ThinkstockCharter Communications Inc. (NASDAQ: CHTR) went from warm to hot late last week on word that the buyout interest was heating up. This is one of those situations where 24/7 Wall St. has questioned…
Wikimedia CommonsCBS Corp. (NYSE: CBS) has more to worry about than complaints that its shows cannot be viewed on Time Warner Cable Inc. (NYSE: TWC) outlets in several cities, which include New York City…
TwitterIt did not take long for Pope Francis to rise to the top of Twitter followers among the world’s leaders. By at least one measure, he has passed even President Obama. The new pope has…
ThinkstockCharter Communications Inc. (NASDAQ: CHTR) may have a checkered past, but the cable television service provider likely will be next on the block of the cable and TV media mergers. Time Warner Cable Inc.…
Earnings expectations for LinkedIn Corp. (NYSE: LNKD) were high after a positive earnings and mobile trends report from Facebook, Inc. (NASDAQ: FB) as its rival social network, but the Yelp Inc. (NYSE: YELP) gains…
Courtesy Volkswagen AGIn the 1970s, the Hertz Global Holdings Inc. (NYSE: HTZ) commercials were all over television. Arnold Palmer and O.J. Simpson would slide into a new rental car and drive off, satisfied, into…