Pandora Takes Its Case to Congress
In a subcommittee hearing today at the U.S. House of Representatives, Joe Kennedy, CEO of Pandora Media Inc. (NYSE: P) will testify in support of the Internet Radio Fairness Act, which has been introduced…
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Newest first · Page 225Zynga’s Odd Rise in Share Price
courtesy of ZyngaThe stock prices of both Facebook Inc. (NASDAQ: FB) and the game company Zynga (NASDAQ: ZNGA), which has relied on Facebook traffic, have risen in lock-step over the past five days. Each…
Facebook Gets More Love
courtesy Facebook Inc.Last week Facebook Inc. (NASDAQ: FB) announced some changes to its policies on how the social network will use all the data it collects about its 1 billion users. In general, Facebook…
BBC Appoints Royal Opera House Chief As New Leader
If the BBC wanted to find an executive who has had no relationship with the organization for the last several years, it found one in Tony Hall – Lord Hall of Birkenhead. He will…
Nintendo Optimistic About Wii U Launch
courtesy NintendoNintendo has struck a positive tone about the launch of its new Wii U. There is not much initial data to support whether the Japanese consumer electronics giant can make much progress against…
Wii U Launch Stumbles Over Download, Outages
courtesy NintendoFor the first new game console in six years, the weekend’s U.S. launch of the Nintendo Wii U turned out to be solid if not spectacular. A new PlayStation 4 from Sony Corp.…
In Online Video, There Is YouTube and Then Everyone Else
courtesy of YouTubeNew Comscore data serves to remind online video analysts that only one property has substantial scale and that the balance of the companies in the sector lag hopelessly behind. This means that the chances for…
Facebook Shares Rise as More Shares Hit Market
courtesy Facebook Inc.In a counter-intuitive development today, shares of Facebook Inc. (NASDAQ: FB) are up more than 11% as roughly 800 million newly tradable shares of the company’s stock hit the market. Today marks…
A New Editor Cannot Save the Washington Post
Courtesy of The Washington Post CompanyThe flagship paper of The Washington Post Co. (NYSE: WPO) dumped its chief editor, Marcus Brauchli, formerly of The Wall Street Journal, and replaced him with the editor of…
Facebook Awaits Mother Of All Lock-ups
ThinkstockFacebook Inc. (NASDAQ: FB) is about to get the biggest lock-up expiration of its shares to date. On Wednesday, November 14, 2012 there will be very close to 800 million shares of Facebook’s common…
Note to NYT’s Sulzberger: Fire New CEO, Save Your Reputation
ThinkstockPoll your editors and writers, Mr. Sulzberger. They don’t decide who runs your company, but they are opinion leaders in the world or the press, culture, the media and business. Most of them almost…
The 10 Companies That Control the News
thinkstockTen major media companies control most of the news content in America. Each of these companies reaches millions of people. The five largest reach more than 50 million people each. Discussions about news media…
Carl Icahn’s Poor Judgement — Take-Two and Netflix
ThinkstockCarl Icahn is still around, in his seventies and several decades into his place as a famous takeover artist, although he sometimes just scares companies into distributing cash or cutting costs. He has had…
Disney Results Not Thrilling, Not Chilling
courtesy of DisneyThe Walt Disney Co. (NYSE: DIS) reported fourth fiscal quarter and full-year 2012 earnings after markets closed today. For the quarter, the entertainment giant posted adjusted diluted earnings per share (EPS) of…
Time Warner’s Earnings Boosted by Buybacks
Wikimedia CommonsTime Warner Inc. (NYSE: TWX) reported third-quarter 2012 earnings this morning. The New York City cable provider posted adjusted diluted earnings per share (EPS) of $0.86 on revenues of $6.8 billion. In the…