Cineworld Group and Regal Entertainment Group Discuss Potential Merger
Cineworld Group Plc (LSE:CINE) and Regal Entertainment Group (NYSE:RGC) are in discussions for a potential merger between the two entertainment companies. A merger between the companies would place the resulting combined company at a better ... [Read]
Justice Department Files Suit to Block AT&T-Time Warner Deal But Investors Aren’t Worried
Despite Monday’s news, investors on Tuesday seem to be playing it cool and shrugging off the Justice Department’s lawsuit to block the prospective AT&T-Time Warner deal. In early trading, AT&T’s (NYSE:$T) stock was down marginally, ... [Read]
$90 Million Settlement Tied to 21st Century Fox Sexual Harassment Scandal
Twenty-First Century Fox (NASDAQ:$FOX) has finally reached a settlement of $90 million, based on the shareholder claims over the Fox Channel News sexual harassment scandal that cost the jobs of longtime news chief Roger Ailes ... [Read]
Viacom Inc. Stock Rises 10%
Shares of Viacom Inc. (NASDAQ:$VIAB) rose more than 10% at the last session. Not only did we see a rise in shares, but solid volume saw an increase as well, as shares changed hands far ... [Read]
Comcast Corporation Reportedly in Talks About Buying Twenty-First Century Fox Assets
Sources have come forward on Thursday, stating that Comcast Corporation (NASDAQ:$CMCSA) has approached Twenty-First Century Fox (NASDAQ:$FOXA) and expressed an interest in acquiring some of their assets. The matter is still extremely private, but the ... [Read]
5 Companies Cut Ties with Fox News Host, Causes Social Media Reprisal
There was a flooding of counter-protests on social media Sunday after roughly five companies said over the weekend that they will no longer be advertising their products on Fox News “Hannity” TV show. For those ... [Read]
Warner Brothers Suspends Prolific Producer Amid Sexual Harassment Claims
Harvey Weinstein and Kevin Spacey aren’t the only ones being shunned by Hollywood. Over the weekend, a prolific Warner Brothers executive producer was suspended after 19 different women came forward accusing him of sexual harassment. ... [Read]
Twenty-First Century Fox Inc. Releases Quarterly Revenue Report, Beats Wall Street Expectations
Twenty-First Century Fox Inc. (NASDAQ:$FOX)’s quarterly revenue topped market estimates on Wednesday as higher advertising sales and revenue from traditional and online distributors boosted its cable business. Specifically, the company’s shares were up nearly 1% ... [Read]
Talks of Walt Disney Buying Out Most of 21st Century Fox are Underway
Is it possible that in the near future Walt Disney (NYSE:$DIS) could soon own a majority of 21st Century Fox (NASDAQ:$FOXA)? Over the last few weeks, according to CNBC sources, Fox and Disney have been ... [Read]
Netflix Terminates All Ties With Kevin Spacey
Netflix, Inc. (NASDAQ:$NFLX) has announced that it will cease working with Kevin Spacey on its immensely popular show “House of Cards”. Not only that, Netflix also disclosed that it will not be releasing a film ... [Read]