Disney Will Take $200 Million Write-off On “John Carter”
The movie seemed promising to Walt Disney. “John Carter” a film about a Civil War vet who shows up on Mars cost about $250 million to produce. It is nearly impossible to see what…
Media
All Media Articles
Newest first · Page 248Get Ready for Oprah to Be Cancelled
Rosie O’Donnell’s show on Oprah Winfrey’s OWN was supposed to the a keystone of the network’s ratings. Instead, it bombed and its audience finally settled at barely 250,000 people. The show recently was cancelled. There…
Media Digest (3/20/2012) Reuters, WSJ, NYT, FT, Bloomberg
Goldman Sachs (NYSE: GS) begins staff cuts as part of an annual review process. (Reuters) The Obama Administration is expected to help U.S. solar panel makers in a trade war with China. (Reuters) The…
Hunger Games Larger Than Twilight? (LGF)
Lions GateLions Gate Entertainment Corporation (NYSE: LGF) appears to have a hit on its hands with The Hunger Games movie series which is about to start this coming weekend. It appears that the series…
NY Mets’ Owners Settle Madoff-related Suit for $162 Million
Fred Wilpon and Saul Katz, owners of Major League Baseball’s New York Mets, settled a lawsuit accusing them of benefiting from the Ponzi scheme run by Bernard Madoff. As jury selection began, representatives of…
Settlement: Madoff Trustee Vs. Mets
The Bernie Madoff ponzi scheme may not be over, but the fight between the bankruptcy trustee Irving Picard and the owners of the New York Mets baseball team appears to be over. Fred Wilpon and Saul Katz…
The News Industry Runs Out of Money
The key conclusions of the annual Pew Research Center’s Project for Excellence in Journalism report on the “State of the News Industry” are two. A rise in new technology that allows information dissemination has made the news industry…
Media Digest (3/19/2012) Reuters, WSJ, NYT, FT, Bloomberg
United Parcel Service (NYSE: UPS) will take over TNT Express for $6.85 billion. (Reuters) Apple (NASDAQ: AAPL) to announce plans for its $100 billion in cash. (Reuters) Dell (NASDAQ: DELL) says it can challenge…
YouTube Crushes Online Video Competitors (GOOG, NFLX, YHOO, VIA, AOL, MSFT, CMCSA, NWS, DIS, TWX)
Not only is Google Inc. (NASDAQ: GOOG) the 600-pound gorilla in the search business, the company’s YouTube streaming video service holds a similar position in the streaming video business. According to the latest survey…
Can Adobe Maintain Earnings Momentum? (ADBE)
Adobe Systems Inc. (NASDAQ: ADBE) is set to report earnings on Monday and Wall Street and Silicon Valley will be watching closely. Shares are within about 5% of their recent highs, but the stock…
Perfection at Perfect World (PWRD)
Perfect World Co., Ltd. (NASDAQ: PWRD) is leading the gainers list this morning. With less than 25 minutes until the open we have seen some 300,000 shares trade hands and the gain is up…
Media Digest (3/16/2012) Reuters, WSJ, NYT, FT, Bloomberg
The U.S. will tap its Strategic Energy Reserve as a way to bring down gasoline prices. (Reuters) A large rise in iPad sales helps drive Apple’s (NASDAQ: AAPL) shares to new highs. (Reuters) The…
Cisco Acquires Video Software Firm for $5 Billion (CSCO, NWS)
Cisco Systems Inc. (NASDAQ: CSCO) has announced that it will acquire London-based video software and content security firm NDS Group Ltd. for approximately $5 billion, including debt and retention bonuses. NDS is 49% owned…
Media Digest (3/15/2012) Reuters, WSJ, FT, Bloomberg
RealtyTrac says foreclosure notices rose last month. (Reuters) The U.S. and UK discuss releasing strategic oil reserves to bring down fuel prices. (Reuters) Volcker says new inflation would be harmful to the economy, even…
Zynga Files To Sell $400 Million in Stock For Holders (ZNGA)
ZyngaZynga Inc. (NASDAQ: ZNGA) was expected to have a secondary stock offering for insiders sooner than the prior lock-up period of 180 days by some counts. Now we know that this will be coming…