courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) has enjoyed one hefty and substantial bounce now that online gambling is being approved and expanded in Nevada. Perhaps that should say “legal online gambling.” The question is…
ThinkstockOne more major city daily has gone on the market, as publishers across the nation try to salvage the prospects of the biggest newspapers. The Boston Globe will be dumped by The New York…
ThinkstockPrint journalism had a bad few days. The Reader’s Digest filed for Chapter 11 for the second time in three years, with $1.1 billion in assets and $1.2 billion in liabilities. The transaction will…
courtesy of Time WarnerIf most of Time Inc., the world’s largest and most famous magazine publisher, may be sold, then so can any other pillar of old media. Rumors are that relatively tiny media…
thinkstockMany times on Wall St., blockbuster deals make analysts at big investment banks nervous. The deal is risky, the debt burden is stifling, the culture at the corporations that are involved will clash and…
Wikimedia CommonsOne of the worst-kept secrets in the technology world was finally confirmed today. Intel Corp. (NASDAQ: INTC) is building an Internet TV set-top box that it says will launch by the end of…
ThinkstockFacebook Inc. (NASDAQ: FB) has had a very tough time attractive investors since its recent earnings report failed to continue to drive interest. It should be no surprise that the stock cooled off after…
Thinkstock Lions Gate Entertainment Corp. (NYSE: LGF) reported third quarter results after the markets closed today. Quarterly diluted earnings per share (EPS) were $0.27 on revenues of $743.6 million. In the second quarter of…
courtesy of Sony Corp.A division of Sony Corp. (NYSE: SNE) and Starz (NASDAQ: STRZB) have extended a multi-year agreement under which Starz will remain the exclusive first-run TV outlet for new movies from Sony.…
ThinkstockA lawsuit filed in 2009 by Dish Network Corp. (NASDAQ: DISH) against sports network ESPN, which is owned by The Walt Disney Co. (NYSE: DIS), goes in front of a jury in Manhattan today.…
Outerwall Inc.When Coinstar Inc. (NASDAQ: CSTR) reported earnings last night, the owner of the Redbox DVD-rental machines beat earnings estimates by 27%, but net income was down by the same amount for the quarter.…
courtesy of Sirius XM RadioWe have mostly come through earnings season, and the start of February turns into “Annual Report Season” on Wall St. This is when investors get to see how all the…
ThinkstockiTunes song sales have reached a number that is more than three times the world’s population. Apple Inc. (NASDAQ: AAPL) has reinvented the music distribution, but not in a way that has benefited publishers,…
courtesy of Sony Corp.There are more rumors that Sony Corp. (NYSE: SNE) will launch a PlayStation 4 model, perhaps as early as this month. The PlayStation was once the leader of the game console…
courtesy GameStop Corp.Microsoft Corp. (NASDAQ: MSFT) is turning a gun on the retail video game model, and this will crush GameStop Corp. (NYSE: GME), if the preliminary news about specs on the new Xbox…