|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||33.14 - 33.79|
|52 Week Range||27.01 - 38.00|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||8.33|
|Forward Dividend & Yield||0.80 (2.31%)|
|1y Target Est||N/A|
The broadcast network is said to have made a $5 billion bid for Starz, a cable channel owned by the film-making company Lions Gate Entertainment Corp., which is set to report earnings for its latest quarter after the close of trading on Thursday. CBS is also likely inching closer to a recombination with Viacom Inc., a company with which CBS shares its controlling investor, Shari Redstone, 65. It’s been led by acting CEO Joseph Ianniello since September, when its longtime leader and face of the company, Leslie Moonves, was ousted following numerous sexual-harassment allegations.
CBS plans to renew discussions for Starz with Lions Gate in the coming weeks, according to people familiar with the matter. If a deal happens, the remainder of Lions Gate could pursue a deal with MGM for additional scale.
The competition is no longer mainly with old-school cable packages; rather, it’s with other streaming apps. Already, growth has slowed or turned negative for products like AT&T’s DirecTV Now and Dish Network Corp.’s Sling TV. Take DirecTV Now.
Pocket.watch aims to do for HobbyKidsTV what the digital studio has done for Ryan ToysReview. The Culver City, California-based company creates global franchises from YouTube stars and characters. In the case of Ryan ToysReview, that’s included toys, books, T-shirts and most recently video games.
The counter offer was made by the film studio behind the Hunger Games movies after CBS made an informal $5 billion bid for the cable network, the sources said. CBS's informal offer was made by Joseph Ianniello, the interim chief executive officer of CBS, about six weeks ago and Lions Gate Entertainment sought a higher valuation, the sources said. The approach underscores the scope of CBS's ambitions to compete more aggressively in a world in which it is squeezed by deep-pocketed tech companies on one side and rapidly consolidating peers on the other.
Take a look at the world's top 10 entertainment companies, spanning the movie, television, cable television, gaming, and streaming video sectors.
Rumor has it that a major media company might want to buy the Starz property for a cool $5 billion -- and that Lions Gate turned the offer down in search of more money.
Viacom Inc NASDAQ/NGS:VIAView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for VIA with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold VIA had net inflows of $22 million over the last one-month. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. Although VIA credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they remain among the lowest levels seen during the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
In addition, pocket.watch has launched three new shows by existing partners HobbyKids, JillianTube and EvanTube.
Viacom, Inc . (NASDAQ: VIAB ) shares were down on Monday after a mixed earnings report that also kept analysts lukewarm on the stock, though hopeful for a stronger second half of the year. Viacom on Friday ...
broke its IPO, closing at $41.57 a share, more than $3 below its initial public offering price of $45. declined in daily trading 2% as investors are worried that the world's biggest tech company could find itself a target of Beijing's reprisals to Trump's decision on tariffs. fell after posting stronger-than-expected first-quarter earnings as higher prices for worldwide hotel rooms offset flat revenue growth.
U.S. stocks claw back from early losses to close higher Friday after key negotiators cast a positive glow on trade talks.
Viacom earnings for the company's fiscal second quarter of 2019 have VIAB stock up on Friday.Source: Shutterstock Viacom (NASDAQ:VIA,VIAB) reported earnings per share of 95 cents for its fiscal second quarter of the year. This is better than the company's earnings per share of 92 cents from the same period of the year prior. It was also good news for VIAB stock by coming in above Wall Street's earnings per share estimate of 80 cents for the quarter.The Viacom earnings report for its fiscal second quarter of 2019 includes net income of $363.00 million. This is an increase over the company's net income of $256.00 million reported in its fiscal second quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income reported in the Viacom earnings release for its fiscal second quarter of the year comes in at $573.00 million. That's up from the company's operating income of $456 million reported during the same time last year.Viacom earnings for its fiscal second quarter of 2019 also have revenue coming in at $2.96 billion. This is a drop from the mass media company's revenue of $3.15 billion reported in its fiscal second quarter of the previous year. This also has it missing analysts' revenue estimate of $3.06 billion for the period, but that wasn't dropping VIAB stock today. * 7 Cloud Stocks to Buy on Overcast Days There are a couple of reasons for the drop in revenue in the most recent Viacom earnings report. The first is that the company saw its Filmed Entertainment revenue drop 1% from last year. It attributes this to lower lower licensing revenues. The second is Media Networks revenue being down 7%, which is for a variety of reasons.VIAB stock was up 1% as of Friday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Cloud Stocks to Buy on Overcast Days * 6 Stable Stocks Worth Buying for Protection * 5 Active Vanguard Funds That You Have to Own As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Viacom Earnings: VIAB Stock Ticks Higher on Q2 Beat appeared first on InvestorPlace.
By Vibhuti Sharma (Reuters) - Media company Viacom Inc beat quarterly profit estimates on Friday, as costs fell and its Paramount Pictures division gained from the success of its movies "Bumblebee" ...
Viacom has agreed to take less money for its channels in hopes that it will spur long-term growth. The New York-based media company (NASDAQ: VIA) agreed to terms earlier this year with AT&T (NYSE: T) that will see it collect smaller payments from AT&T to carry its channels, according to The Wall Street Journal. In return, Viacom will see annual rate increases during the multiyear deal and now has a advertising partnership with AT&T, which is parent company to DirecTV.
The entertainment company, under pressure from cord-cutting, reported less revenue than expected, but cited potential gains from a new streaming service.
posted stronger-than-expected second quarter earnings Friday, but missed revenue forecasts as ad sales for the Comedy Central and MTV owner eased from last year's pace. Viacom said adjusted earnings for the three months ending in March, the company's fiscal second quarter, came in at 95 cents per share, up 3 cents from the same period last year but firmly ahead of the Street consensus forecast of 81 cents per share.
The hotel operator earned an adjusted $1.41 per share for the first quarter, 7 cents a share above estimates. Revenue missed forecasts, however, but Marriott said it was able to increase North American profit margins despite higher labor costs and modest revenue growth. Viacom VIAB — Viacom reported adjusted quarterly profit of 95 cents per share, beating the consensus estimate of 80 cents a share.
On a per-share basis, the New York-based company said it had net income of 93 cents. Earnings, adjusted for one-time gains and costs, came to 95 cents per share. The owner of Nickelodeon, MTV, Comedy Central ...
(Reuters) - MTV and Comedy Central owner Viacom Inc missed Wall Street estimates for quarterly revenue on Friday, weighed down by declines in domestic advertising sales. Net income attributable to Viacom ...
Viacom Inc. said Friday it had net income of $363 million, or 90 cents a share, in its fiscal second quarter to end March, up from $256 million, or 64 cents a share, in the year-earlier period. Adjusted per-share earnings came to 95 cents a share, ahead of the 81 cents FactSet consensus. Revenue fell to $2.958 billion from $3.148 billion, below the FactSet consensus of $3.052 billion. Paramount Pictures' revenue fell 1% to $730 million, media networks' revenue came to $2.267 billion. Shares were slightly lower premarket, but have fallen 6.7% in the last 12 months, while the S&P 500 has gained 5.4%.