Momentum brings U.S. indexes higher; investors Friday's non-farm payrolls; Moody's downgrades P.F. Changs and more of what you may have missed Thursday, April 5.
The owner of MTV, Nickelodeon and Paramount Pictures could make a rival proposal this week, according to a source, after rejecting a bid that was below its own market value.
Stocks are higher on Wednesday in spite of China saying it will slap reciprocal 25% tariffs on 106 U.S. products including soybeans, cars, planes, whiskey, and chemicals.
U.S. stock futures are higher after a tech selloff during the previous session; Fox says Disney could acquire Sky News; CBS reportedly is preparing a low-ball bid for Viacom.
Dish executive Warren Schlichting previously compared a network blackout to a heart attack. 'Your company has had a lot of heart attacks,' counsel to AT&T and Time Warner said on cross examination.
The NCAA's signature 'March Madness' basketball tournament tips-off Thursday, but is a three-week jamboree that generate billions for everyone apart from the players really the fairest way to manage college sports? It might be.
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Upgrades: BCOR, DLR, LAYN, MCHX, MDRX, RDCM, SPXC, TRP, YNDX
Downgrades: CBS, CBS.A, CSS, KRNT, SEP, WRI
Initiations: None
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The fear of being left behind in a race for premier film and TV producers is likely to spur more industry consolidation. Lions Gate and MGM stand out in a diminishing field of independent studios with quality libraries.
Lions Gate Vice Chairman Michael Burns fanned expectations for media consolidation in an interview on CNBC, addressing potential tie-ups with Amazon, CBS, Comcast and Verizon.
International growth, the impact of Netflix's price hike and remarks about content plans are among the things worth watching as the streaming giant reports.
International growth, the impact of Netflix's price hike and remarks about content plans are among the things worth watching as the streaming giant reports.