Cable could be headed for a wreck, but studios, networks can (and probably will) prevent it
Michael Wolff has a smart take on the future of the cable business in USA Today, arguing that the industry is foolishly trying to stave off a la carte in the face of its obvious inevitability. “TV Everywhere” is doomed…
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…
Netflix turns originals focus to kids with DreamWorks Animation deal
Netflix Inc., with the wind at its back from the launch of its “House of Cards” original series last week, said Tuesday that it will collaborate with DreamWorks Animation SKG to create its first program for children. The Netflix series…
Netflix ‘House of Cards’ gambit is ‘great,’ and other thoughts from Time Warner call
A few items from Wednesday morning’s conference call with analysts after Time Warner Inc. reported better-than-expected fourth-quarter results: 1. Time Warner Chief Executive Jeff Bewkes said Netflix‘ release of all 13 first-season episodes of its original series “House of Cards”…
Update: Higher costs hurt ESPN in Q1, but profits should rise: Disney
Walt Disney Co. reported fiscal first-quarter results that surpassed most estimates on Tuesday. However, the results were rather lackluster at the company’s media networks unit, which includes ABC, ESPN and other channels. Operating income at the unit rose just 2%…
Reporters, viewers begin journey with Netflix’s “House of Cards”
Netflix unleashed the entire first season of its newest original series, “House of Cards,” on Friday, all 13 episodes. The bold move could pay off if Netflix Chief Executive Reed Hastings has made the right calculations about cost savings. “Traditional…
Bewkes is right to emphasize digital by naming Tsujihara CEO of Warner Bros.
Time Warner Inc. has played, for several years, the most conspicuous role in trying to make sure that filmed entertainment isn’t destroyed as the music business was around the turn of the century. Chief Executive Jeff Bewkes underscored that leadership…