courtesy of Time WarnerTime Warner Inc. (NYSE: TWX) reported fourth-quarter and full-year 2012 results before markets opened this morning. The entertainment giant posted quarterly adjusted earnings per share (EPS) of $1.17 and $8.16 billion…
ThinkstockLiberty Global Inc. (NASDAQ: LBTYA), controlled by American billionaire John Malone, made a successful offer to buy huge U.K. cable firm Virgin Media Inc. (NASDAQ: VMED). The media has pegged the price as high…
courtesy of the Walt Disney Co.The Walt Disney Company (NYSE: DIS) is out with its fourth quarter earnings report. The entertainment and media giant has been challenging new highs and it now has the…
courtesy of ZyngaZynga Inc. (NASDAQ: ZNGA) is no longer a very loved company. The social game maker has lost its favorable outlook largely as it and Facebook Inc. (NASDAQ: FB) try to distance themselves…
courtesy of Facebook Inc.Facebook Inc. (NASDAQ: FB) may have seen its peak at the initial public offering. That is what Barron’s wants you to believe. While some concerns that were brought up were minimal…
courtesy GameStop Corp.Take-Two Interactive Software Inc. (NASDAQ: TTWO) has stubbed its toe yet again. Late in 2012 the video game publisher announced that its release of the Grand Theft Auto 5 would come in…
courtesy of Facebook Inc.Facebook Inc. (NASDAQ: FB) saw its earnings and sales come in above expectations on Wednesday after the close. What investors are focusing on still is that mobile usage is growing rapidly…
ThinkstockTIME Inc., the publishing arm of Time Warner Inc. (NYSE: TWX), announced it will cut 6% of its staff, as a sickening drop in print revenue has not been offset by online revenue. The…
courtesy of Facebook Inc.Facebook, Inc. (NASDAQ: FB) is out with its fourth quarter earnings. The social media giant reported $0.17 in earnings per share on revenue of $1.585 billion. Thomson Reuters had estimates of…
ThinkstockBarnes & Noble Inc. (NYSE: BKS) CEO Mitchell Klipper said he would close over a third of the book store firm’s locations. The company has been crushed by online firm Amazon.com Inc. (NASDAQ: AMZN), much…
There are movie stars, and then there are actors whose involvement appears more important than the movie itself. Some are so critical to success that studios will pay them tens of millions of dollars to be…
CNBCIn what was supposed to be a CNBC interview with Bill Ackman about Herbalife Ltd. (NYSE: HLF) and nasty comments made this week about Ackman by Carl Icahn, CNBC ended up with a pit…
courtesy of Netflix Inc.Netflix Inc. (NASDAQ: NFLX) reported fiscal fourth quarter and full-year 2012 results after markets closed today. For the quarter, the video distribution company posted adjusted diluted earnings per share (EPS) of…
courtesy of Sirius XM RadioAn Securities and Exchange Commission filing this morning has shown that Liberty Media Corp. (NASDAQ: LMCAD) has acquired more shares of Sirius XM Radio Inc. (NASDAQ: SIRI). On January 17,…
Wikimedia CommonsCiting solid growth and a surging demand in the need for professional content, Goldman Sachs Group Inc. (NYSE: GS) upgraded the U.S. media sector to Attractive from Neutral today. The bulge bracket brokerage…