Aereo vs. Fox, CBS and Univision: The week’s best insights
The first thing I thought of when I heard earlier this week that News Corp. had threatened to make Fox a cable-only outlet if it doesn’t win its suit against Aereo is how much things have changed since Bob Wright…
Bernstein’s Juenger reaffirms Market Perform rating on CBS, lifts price target
Sanford C. Bernstein analyst Todd Juenger reiterated his market perform rating on CBS Corp. stock Friday, and lifted his price target to $46 from $43. Though the company reported fourth-quarter results late Thursday that fell short of most earnings and…
Tighter focus on TV, movies could pay off for Bewkes, Time Warner
A Time Warner Inc. even more dedicated to its core television production/distribution, movies and home video businesses could be a tougher competitor for its rivals, as Chairman and Chief Executive Jeff Bewkes will have more time to set his gaze…
Two takeaways from Comcast earnings call
1. The company expects expenses at its cable operations unit to rise by a “low double-digit” percentage in 2013 after a 7% increase in 2012. Chief Financial Officer Michael Angelakis pointed to “continued expansion of rights to multiple platforms, additional…
NBC’s sudden ratings woes and other themes to listen for on Comcast earnings call
After Comcast Corp.’s report Tuesday of better-than-expected fourth-quarter earnings, that it will raise its quarterly dividend by 20% and buy the 49% of NBC Universal it doesn’t already own from GE for $16.7 billion, there are a number of interesting…
CBS, Amazon in SVOD deal for Spielberg series
CBS said Monday that it has entered into a deal with Amazon that will give the retail giant’s Amazon Prime the exclusive right to offer streamed episodes of the new show from Stephen Spielberg‘s production company, “Under The Dome,” during…