|Bid||89.51 x 200|
|Ask||90.04 x 200|
|Day's Range||89.90 - 90.25|
|52 Week Range||85.88 - 103.90|
|PE Ratio (TTM)||17.15|
|Forward Dividend & Yield||1.61 (1.78%)|
|1y Target Est||N/A|
The media landscape just got a little smaller. Disney is buying a big chunk of 21st Century Fox for $52.4 billion in stock. Porter Bibb of MediaTech Capital Partners breaks it down with Yahoo Finance's Alexis Christoforous.
The house of Mouse is expanding. Disney is buying a huge chunk of 21st Century Fox in a $52.4B deal. Yahoo Finance’s Alexis Christoforous and Editor-in-Chief Andy Serwer breakdown the mega-merger.
Time Warner's (TWX) 3Q17 operating margin grew to 29.6%, compared with 28.1% in 3Q16, driven by 6% YoY (year-over-year) growth in revenues.
To boost its digital ad business and its DTC (direct-to-consumer) model, Time Warner struck a deal with Snapchat in June 2017 to create original shows.
The media giant envisions very different roles for Hulu and its newer streaming services. It also has big international ambitions.
Given the massive scale of Apple Inc. (NASDAQ:AAPL), company acquisitions probably won’t make much of an impact on AAPL stock — at least during the short-run. This would be the case even if the company did something like acquire Time Warner Inc (NYSE:TWX) or Twenty-First Century Fox Inc (NASDAQ:FOX).
In 3Q17, Time Warner’s (TWX) Turner segment reported advertising revenues of $963 million, which was 3.3% lower YoY (year-over-year).