Media

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Low Expectations for Facebook Earnings

Facebook Inc. (NASDAQ: FB) will release its earnings report after the closing bell today. Expectations are low, so the stock is unlikely to be knocked down from already poor levels. It is hardly worth…

Trey Thoelcke · 14 years ago

Can Microsoft’s New Xbox Change Multimedia?

Steve Ballmer was willing to lose money on the Xbox for years. The console and its add-ons are finally a mildly profitable business. But, as Ballmer often does, he will lose money again in…

Douglas A. McIntyre · 14 years ago

Icahn Doubles Down on Bad Motricity Bet

Motricity, Inc. (NASDAQ: MOTR) has been a total disappointment and disaster since its 2010 IPO. Shares are surging today on news that activist investor Carl Icahn has taken a larger stake. The problem is…

Jon C. Ogg · 14 years ago

Avid Faces Key Growth Crisis

Avid Technology, Inc. (NASDAQ: AVID) makes its money selling graphics systems to the media. The ongoing issues surrounding the media are still spilling over and limiting growth here. Avid is lowering its guidance. The…

Jon C. Ogg · 14 years ago

Sony Faces Serious Headwinds

Sony Corp. (NYSE: SNE) continues it retreat as most of its business divisions continue to sputter in the face of competition. The company closed a camera and mobile phone factory. It also will “downsize”…

Trey Thoelcke · 14 years ago

New NY Times CEO — Making a Scandal out of Nothing

As part of his reward for running the editorial operations of The New York Times, Bill Keller has his own column on the paper’s op-ed page. Keller used his most recent offering to mention…

Douglas A. McIntyre · 14 years ago

CEO of the Week: Les Moonves of CBS

CBS Corp. (NYSE: CBS) CEO Les Moonves received a contract extension that will keep him at the top of  the Sumner Redstone controlled media firm for another five years. The announcement that Moonves’s contract had…

Douglas A. McIntyre · 14 years ago

Larry Flynt Buys New Frontier Media

Sometimes drama does occur in the financial markets. High Heffner participated in taking Playboy private, and now we have Larry Flynt making an acquisition of the public company called New Frontier Media, Inc. (NASDAQ: NOOF). New…

Jon C. Ogg · 14 years ago

Broadcasting Unit Lifts Gannett’s Q3 Profit

Gannett Co. Inc. (NYSE: GCI) reported fiscal third-quarter results before markets opened this morning. The USA Today publisher posted earnings per share (EPS) of $0.56 on revenues of $1.31 billion. In the same period…

Trey Thoelcke · 14 years ago

Movie-Goers Are Taken with Mature Hollywood Stars

via Wikimedia Commons“Taken 2,” a kidnapping movie starring aged Hollywood star Liam Neeson, shows that the market for new films is not driven only by films that feature young actors, vampires or animated characters. “Taken…

Trey Thoelcke · 14 years ago

Microsoft Music Plan May Work

It is easy to dismiss the new Microsoft Corp. (NASDAQ: MSFT) challenge to Apple Inc.’s (NASDAQ: AAPL) iTunes. The world’s largest software company will bundle a music service with the Xbox 360 and the new…

Douglas A. McIntyre · 14 years ago

How Can Underperform on Zynga Imply 28% Upside?

ZyngaZynga Inc. (NASDAQ: ZNGA) should by all traditional thought processes be trading lower today. At least that is the thought of investors as the only real news out today is that Credit Suisse started…

Jon C. Ogg · 14 years ago

Moody’s Also Sees Potential Netflix Downgrade

Wikimedia Creative Commons, JohnnyMrNinjaNetflix Inc. (NASDAQ: NFLX) saw its upgrade and rally cycle halted by an analyst downgrade from BofA/Merrill lynch this morning after the firm cut its Buy rating all the way down…

Jon C. Ogg · 14 years ago

BofA on Netflix: Take the Money and Run!

Wikimedia Creative Commons, JohnnyMrNinjaNetflix Inc. (NASDAQ: NFLX) had risen handily on the back of two analyst upgrades, sending shares up from $56 to about $73.50 in less than a week. The momentum was strong.…

Jon C. Ogg · 14 years ago