|Bid||28.38 x 3100|
|Ask||28.39 x 800|
|Day's Range||28.35 - 28.51|
|52 Week Range||23.31 - 34.44|
|Beta (3Y Monthly)||1.29|
|PE Ratio (TTM)||7.10|
|Forward Dividend & Yield||0.80 (2.77%)|
|1y Target Est||N/A|
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.
The U.S. Federal Communications Commission plans to vote in June on launching a new review of a key spectrum band reserved for automakers that could boost Wi-Fi use, a person briefed on the matter said on Tuesday. In 1999, the FCC reserved 75 megahertz of spectrum in the 5.9 GHz band for automakers to develop technology to allow vehicles to communicate with each other. Called Dedicated Short Range Communications (DSRC), the technology could eliminate hundreds of thousands of annual car crashes, automakers and regulators say.
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 ...
iQIYI (IQ) first-quarter 2019 results are likely to benefit from solid content slate and partnerships to boost its content reach and user engagement.
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's (VIAB) second-quarter fiscal 2019 results are negatively impacted by lower Media Networks and Filmed Entertainment revenues.
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" ...
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.
Viacom (VIAB) delivered earnings and revenue surprises of 18.75% and -2.40%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?