CNN Paid Lou Dobbs $8 Million To Leave
Lou Dobbs and his ranting and raving about immigration and whether the president was born in the US finally cost him his job. He and his employer CNN spun it differently. Dobbs implied that…
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Newest first · Page 313Media Digest 11/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The Ohio Attorney General is suing a number of Wall St. firms. Reuters: GM will start to repay part of its debt to the US. Reuters: Citigroup (NYSE:C) will sell Bellsystem to Bain.…
24/7 Wall St. TV: China Pushes US To Raise Interest Rates Which Would Undermine Recovery
The Federal Reserve and most economists believe that keeping US interest rates at near zero has been critical to the recovery of the American economy. Even with rates at historically low levels, banks and…
Video Game Sales Fall Back In October
September sales for video game consoles were relatively good given the economy. Price cuts on the Nintendo Wii, Sony (NYSE:SNE) PS3, and Microsoft (NASDAQ:MSFT) Xbox stimulated activity. It appears that the initial surge in sales…
Media Digest 11/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: China’s economy may be hurt as its stimulus ends. Reuters: Warren Buffett says the financial panic is over. Reuters: Former bankers are considering buying failed banks. Reuters: The SEC is expected to go ahead…
Sirius XM (SIRI) And CBS (CBS) Pose Greatest Financial Risk Among Media Firms
CBS (NYSE:CBS) and Sirius XM (NYSE:SIRI) pose the greatest investment risks among media companies based on a forensic measure of their transparency and the statistical reliability of their financial reporting and governance practices, according…
SIRIUS Losing XM Founder (that everyone forgot) (SIRI)
SIRIUS XM Radio (NASDAQ: SIRI) announced that Gary Parsons has resigned as Chairman of the Board of Directors. The satellite radio giant has appointed Eddy Hartenstein, an independent director, to serve as non-executive chairman. …
Despite Many Drops, Disney Delivers (DIS)
The Walt Disney Company (NYSE: DIS) is out with earnings and the report is a solid one compared to what we have seen elsewhere, yet it too saw mostly erosion in its business segments.…
“Call of Duty: Modern Warfare 2” Blows Records Away (ATVI, GME, MSFT)
Activision Blizzard, Inc. (NASDAQ: ATVI) may actually hit that $500 million first week target after all. The company has announced this morning that since the 12:00 launch on Tuesday that its much-hyped “Call of…
Media Digest 11/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: China is the key stop on Obama’s tour of Asia. Reuters: South Korea’s businesses may start to feel more pressure from China competitors.. Reuters: Hewlett-Packard (NYSE:HPQ) bought 3Com (NYSE:COM) for $3.1 billion. Reuters: …
Apple (AAPL) Moves To Conquer Its Next Frontier
The Holy Grail of consumer electronics is still a smashing success in the video game industry. Tens and tens of millions of Sony (NYSE:SNE) PS2s and PS3s were sold over the last decade. Microsoft (NASDAQ:MSFT) has turned its…
NBCU CEO Will Stay On As Will Problems
NBCU CEO Jeff Zucker was well-educated at Harvard. He is well liked by his managers at GE (NYSE:GE). He is well-regarded within the entertainment history. And, NBCU has done almost nothing to distinguish itself within its industry while…
Media Digest 11/11/2009 Reuters, WSJ, NY Times, FT, Bloomberg
Reuters: Two Bear Stearns hedge fund managers were acquited. Reuters: Zucker, NBCU’s current CEO, will head the company when Comcast (NASDAQ:CMCSA) buys a majority of the company from GE (NYSE:GE). Reuters: Dodd’s super-bank regulator fights a…
Media Digest 11/10/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Markets hit their 2009 highs. Reuters: Dodd is set to unveil his financial reform bill which calls for merging many bank regulators. Reuters: Kraft’s (NYSE:KFT) bid for Cadbury turned hostile. Reuters: A survey…
The Twenty-Five Most Valuable Blogs In America
It has been nearly a year since 24/7 Wall St. did its latest edition of the Twenty Five Most Valuable Blogs. Valuations have moved up significantly since then. Advertising CPMs have improved markedly since the beginning…