Sinclair agrees to pay record-setting $48 million FCC civil penalty
WASHINGTON (Reuters) – Sinclair Broadcast Group (SBGI.O) has agreed to pay a $48 million fine to the Federal Communications Commission…
Factbox: Companies feel impact of coronavirus outbreak in China
(Reuters) – Some companies have warned that a coronavirus outbreak in China that has killed more than 250 people and…
CBS ordered to disclose internal records on Viacom deal
(Reuters) – A Delaware judge on Monday ordered broadcaster CBS Corp to turn over records regarding its plan to reunite…
Comcast launches tools to improve ad targeting on TV
FILE PHOTO: The Comcast NBC logo is shown on a building in Los Angeles, California, U.S. June 13, 2018. REUTERS/Mike…
U.S. Supreme Court rejects Charter appeal of Sprint patent verdict
FILE PHOTO: The U.S. Supreme Court building is pictured in Washington, U.S., March 20, 2019. REUTERS/Leah Millis WASHINGTON (Reuters) –…
FCC approves merger of T-Mobile, Sprint on vote split on party lines: sources
FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
Netflix shares jump as subscribers grow ahead of Disney, Apple attack
(Reuters) – Netflix Inc (NFLX.O) added slightly more paying subscribers than Wall Street expected in the third quarter, a relief…
Mediaset strikes deal to fend off Vivendi’s withdrawal risk
FILE PHOTO: The Mediaset tower is seen in Cologno Monzese neighbourhood Milan, Italy, April 7, 2016. REUTERS/Stefano Rellandini MILAN (Reuters)…
India’s Eros Now ties up with Microsoft’s Azure platform
MUMBAI (Reuters) – India’s Eros Now said on Thursday it is tying up with Microsoft’s Azure cloud platform to host…
Mediaset strikes deal to limit withdrawal rights impact in pan-EU TV deal
FILE PHOTO: The Mediaset tower is seen in Cologno Monzese neighbourhood Milan, Italy, April 7, 2016. REUTERS/Stefano Rellandini MILAN (Reuters)…
FCC chair Pai seeks approval for Nexstar-Tribune merger
FILE PHOTO: Chairman Ajit Pai speaks at the Federal Communications Commission in Washington, U.S., December 14, 2017. REUTERS/Aaron P. Bernstein…
Measles-stricken New Zealand girl visited Disneyland, other California destinations
LOS ANGELES (Reuters) – A teenage girl from New Zealand sick with measles visited Disneyland and other popular tourist stops…
Wall St. slips after three days of gains; Home Depot rises
(Reuters) – Wall Street’s main indexes edged lower on Tuesday after three sessions of gains, as lower Treasury yields weighed…
ViacomCBS is just the beginning of Shari Redstone’s media deals
NEW YORK (Reuters) – More than two months before CBS Corp (CBS.N) and Viacom Inc (VIAB.O) succeeded at a third…
FCC chairman circulates order to approve Sprint, T-Mobile tie-up
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
Walmart tells staff to pull violent video game signage from stores
(Reuters) – Walmart Inc said on Friday it has asked employees at its stores in the United States to take…
CBS stations go dark for DirecTV customers amid contract dispute with AT&T
FILE PHOTO: An AT&T logo is pictured in Pasadena, California, U.S., January 24, 2018. REUTERS/Mario Anzuoni (Reuters) – CBS Corp…
U.S. Justice Department may sue to block Sprint, T-Mobile merger: source
WASHINGTON (Reuters) – The U.S. Justice Department has told T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) to wrap up…
Five things to look for in Netflix’s second-quarter report
NEW YORK (Reuters) – When Netflix Inc (NFLX.O) reports second-quarter earnings on Wednesday, a big question is how the streaming…
T-Mobile, Sprint expected to extend deal date: sources
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
DoJ pushes T-Mobile to give more to Dish: CNBC
FILE PHOTO: The logo of T-Mobile Austria is seen outside of one of its shops in Viennaa, Austria, February 25,…
Disney poaches Netflix film executive for streaming service
FILE PHOTO: The entrance gate to The Walt Disney Co is pictured in Burbank, California February 5, 2014. REUTERS/Mario Anzuoni…
Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets – sources
(Reuters) – Private equity group Apollo Global Management is in talks with satellite TV provider Dish Network to finance a…
U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source
WASHINGTON (Reuters) – The U.S. Justice Department is set to decide as early as next week whether to approve the…
U.S.-China trade war of words heads for Fox cable TV face-off
BEIJING (Reuters) – China’s war of words with the United States over their escalating trade dispute will reach a crescendo…
CBS suspends CEO search, fuelling Viacom merger expectations
FILE PHOTO: The CBS “eye” and logo are seen outside the CBS Broadcast Center on West 57th St. in Manhattan,…
Hulu spends $1.43 billion to buy back AT&T stake, values streaming service at $15 billion
(Reuters) – Hulu has bought back wireless carrier AT&T Inc’s stake in the U.S. entertainment streaming service for $1.43 billion,…
Disney bans smoking at U.S. parks ahead of ‘Star Wars’ openings
Security officers staff the entrance at the Walt Disney World’s Magic Kingdom in Orlando, Florida, U.S. June 13, 2016. REUTERS/Barbara…
Disney profit beats, driven by theme parks, ABC network
(Reuters) – Walt Disney Co’s reported quarterly earnings on Tuesday that topped Wall Street estimates thanks to the company’s booming…
Exclusive: Netflix poaches CFO from Activision Blizzard – source
The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. REUTERS/Mike Blake/File Photo (Reuters) –…
Disney tops profit targets as fans flock to parks, movies
(Reuters) – Walt Disney Co (DIS.N) reported a quarterly profit that topped Wall Street estimates on Thursday, driven by summer…
Walmart partners with MGM to boost video-on-demand service Vudu
NEW YORK (Reuters) – Walmart Inc (WMT.N) said on Monday it would partner with U.S. movie studio Metro Goldwyn Mayer…
UK seeks additional reassurances from Comcast on independence of Sky News
LONDON (Reuters) – Britain has sought additional reassurances from cable company Comcast (CMCSA.O) over the editorial independence of the Sky…
Comcast outbids Fox with $40 billion offer for Sky in auction
LONDON (Reuters) – Comcast (CMCSA.O) beat Rupert Murdoch’s Twenty-First Century Fox (FOXA.O) in the battle for Sky (SKYB.L) on Saturday…
What sector overhaul means for tech stocks, Wall Street
NEW YORK (Reuters) – The most significant changes to Wall Street’s broad industry sectors since 1999 will take effect Monday,…
UK’s Sky to invest in Israeli VC fund and open Berlin office
(Reuters) – Pay-TV group Sky plans to step up investments in tech start-ups in Europe and the Middle East by…
Activist Elliott argues Sky is worth over $34 billion, UK regulator says
LONDON (Reuters) – Activist hedge fund Elliott believes Walt Disney’s (DIS.N) deal to buy assets from Twenty-First Century Fox (FOXA.O)…
Tribune Media files suit, terminates Sinclair merger deal
(Reuters) – Tribune Media Co (TRCO.N) said on Thursday it had terminated a $3.9 billion deal to be acquired by…
Viacom shares gain as ‘Mission Impossible’ powers Paramount
(Reuters) – Viacom Inc’s (VIAB.O) quarterly profit beat analysts’ estimates and the media company forecast a strong current quarter, boosted…
CBS probes misconduct claims against CEO Moonves amid legal battle
(Reuters) – U.S. broadcasting and media company CBS Corp (CBS.N) said on Friday it was investigating allegations of personal misconduct…
Fiat Chrysler picks Jeep boss as CEO as Marchionne’s health worsens
MILAN/PARIS (Reuters) – Sergio Marchionne was replaced as chief executive of Fiat Chrysler (FCA) on Saturday by the head of…
AT&T CEO confident Time Warner deal on solid ground
(Reuters) – The U.S. Justice Department has only a remote chance of overturning AT&T Inc’s takeover of Time Warner, Chief…
Sky shares leap as Comcast and Fox lock horns in bid battle
LONDON (Reuters) – Sky (SKYB.L) shares leapt to an 18-year high on Thursday as investors bet a transatlantic battle for…
Comcast makes higher offer for Sky, tops Fox bid
(Reuters) – Comcast Corp (CMCSA.O) on Wednesday raised its offer for Britain’s Sky (SKYB.L) in a deal valuing the pay-TV…
U.S. mergers help bank fees spike to record highs
NEW YORK (LPC) – A record $1.45 trillion of US syndicated lending to companies for acquisitions, leveraged buyouts, dividends and…
Fox shareholder urges Murdoch to give Comcast time to beat Disney bid
(Reuters) – TCI Fund Management Ltd, a large Twenty-First Century Fox Inc (FOXA.O) shareholder, has urged Fox executive chairman Rupert…
U.S. gives Disney approval to buy Fox amid bidding war with Comcast
WASHINGTON (Reuters) – Walt Disney Co won U.S. approval to buy Twenty-First Century Fox Inc entertainment assets for $71.3 billion…
Wall Street Week Ahead: Supercharged telecom sector could become investor favorite
SAN FRANCISCO (Reuters) – An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street’s…
Media stocks, techs boost S&P; Nasdaq hits record high
(Reuters) – A jump in technology and media stocks lifted the S&P 500 on Wednesday and pushed the Nasdaq to…
AT&T wins court approval to buy Time Warner over Trump opposition
WASHINGTON (Reuters) – AT&T Inc won court approval on Tuesday to buy Time Warner Inc for $85 billion, rebuffing an…
Fox sets Disney deal vote for July 10
(Reuters) – Twenty-First Century Fox Inc (FOXA.O) will hold a special meeting on July 10th for its stockholders to vote…
Comcast prepares to top Disney’s $50 billion offer for Fox
(Reuters) – Comcast Corp (CMCSA.O) confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media…
Britain unlikely to investigate Comcast bid for Sky, says minister
LONDON (Reuters) – Britain said it was unlikely to refer Comcast’s (CMCSA.O) bid for Sky (SKYB.L) for a lengthy investigation…
CBS votes to end Redstone control, needs court approval
(Reuters) – CBS Corp’s (CBS.N) board on Thursday approved a special dividend that would cut controlling shareholder Shari Redstone’s stake…
Delaware judge rules in favor of Redstone family in CBS dispute
(Reuters) – A judge declined on Thursday to issue a restraining order against Shari Redstone, allowing her to exert control…
Lachlan Murdoch to be CEO of new Fox after Disney deal
(Reuters) – Twenty First Century Fox (FOXA.O) said on Wednesday Executive Chairman Lachlan Murdoch will serve as chairman and CEO…
Netflix’s next act: feeding the service with its own movies
LOS ANGELES (Reuters) – As Hollywood studios unleash their summer blockbusters into theaters, Netflix Inc is trying to give film…
CBS sues controlling Redstone family in bid for independence
(Reuters) – CBS Corp filed a lawsuit on Monday to reduce the voting power of controlling shareholder National Amusements Inc,…
CBS sues controlling shareholder Redstone to stop Viacom merger plan
(Reuters) – CBS Corp on Monday filed a lawsuit to stop controlling shareholder Shari Redstone continuing with her plan to…
CBS sues Redstones firm over Viacom merger
(Reuters) – CBS Corp (CBS.N) on Monday asked a court to block controlling shareholder Shari Redstone from interfering at a…