MySpace TV: A Show Without An Audience?
News Corp’s (NYSE: NWS) will create a series of TV shows around its MySpace social network website. In a sign that nepotism is not dead, a company owned by News Corp CEO Rupert Murdoch’s…
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Newest first · Page 370Media Digest 4/10/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Yahoo! (YHOO) is seeking a merger with Time Warner’s (TWX) AOL which Microsoft (MSFT) and News Corp (NWS) at a joint bid for the No.2 search company. Reuters writes that AMR…
Globalstar, Waiting For Secondary Pricing (GSAT)
Globalstar Inc. (NASDAQ: GSAT) is apparently set to price its (up to) $135 million securities offering tonight. In a previous article, we discussed the terms of the offering, including the fact that underwriter Merrill…
TheStreet.com Signs 3-Year Cramer Contract (TSCM)
Many people think of Jim Cramer as being MAD MONEY on CNBC now, but his full-time gig is still at TheStreet.com, Inc. (NASDAQ: TSCM). The company gave an SEC filing this morning that shows…
Media Digest 4/9/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters reports that some members of the Fed believe that the US will hit a…
Valuation Of The New York Times Newspaper (NYT)
Everyone wants to buy a seat on the board of The New York Times Company (NYT). Morgan Stanley’s asset management arm made a run at it, and they were turned away. Capital Partners and…
Media Digest 4/8/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Alcoa (AA) profits fell by half due to high energy costs and a weak dollar. Retuers reports that AMD (AMD) cut guidance and will lay-off 10% of its staff. Reuters reports…
Journal Register Finally Yells ‘Uncle!’ (JRC)
Journal Register Company (NYSE: JRC) has finally announced today that it hired Lazard Freres & Co. LLC as its financial advisor to help the company evaluate strategic options. It noted concern over the state…
Digital Domain Sets IPO Terms (DTWO)
Digital Domain submitted an amendment to its IPO filing this morning. The filing for the offering shows a maximum aggregate offering price of $96.6 million at a maximum offering share price of $14.00 per…
Media Digest 4/7/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuteres, Novartis will buy Nestle’s Alcon stakes for $39 billion. Reuters writes that Microsoft (MSFT) has given Yahoo! (YHOO) a dealine for buy-out talks. Reuters writes that Yahoo! will inform Microsoft that…
Media Digest 4/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters,US non-farm pay-rolls are likely to fall by 60,000. Reuters reports that Fed official are playingt down rate cut expectations. Reuters writes that the ex-ceo of UBS (UBS) wants to breakup the…
Sugar, Inc.: The Twenty-Five Most Valuable Blogs
After 24/7 Wall St. published the Twenty-Five Most Valuable Blogs we decided to look at some niche content sites which compete with blogs and should have similar valuation data. Sugar, Inc runs seventeen websites.…
Live Nation (LYV) Signs Jay-Z And A Major Headache
Live Nation (LYV) is about to sign over $150 million to rapper and serial business start-up master Jay-Z. For the privilege the NYSE listed company gets a piece of all Jay-Z’s business enterprises over…
Media Digest 4/3/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, The Treasury said that regulators saved Bear Stearns (BSC) to help the markets. Reuters writes that Sony (SNE) will cut costs and boost order to fight the strong yen. Reuters writes…
Who Will Buy Sirius (SIRI): If It Has To Be Sold?
Once The Justice Department cleared the merger of Sirius (NASDAQ: SIRI) with XM Satellite (NASDAQ: XMSR) and there was some anticipation that the deal would get done the shares of both companies should have…