37.19 +0.30 (0.81%)
After hours: 4:04PM EDT
|Bid||36.50 x 1000|
|Ask||37.59 x 1300|
|Day's Range||36.66 - 38.00|
|52 Week Range||28.20 - 40.64|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||7.43|
|Forward Dividend & Yield||0.80 (2.21%)|
|1y Target Est||78.00|
Recent stories on Netflix, Amazon, Hulu and other streaming services reported by The Business Journals and elsewhere.
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. Index (PMI) data, output in the Consumer Services sector is rising.
Headed into Friday’s action, it’s the stock charts of Kinder Morgan (NYSE:KMI), Danaher (NYSE:DHR) and Viacom (NASDAQ:VIAB) that look like they have the most to offer traders. Kinder Morgan is a name we’ve looked at more than a few times of late, waiting to see if it will break above a key technical ceiling at $18.37. Click to Enlarge • Yesterday’s move to the ceiling at $18.37, plotted in yellow, is suspicious in that Kinder Morgan shares only has to kiss that level to draw out the profit-takers.
Facebook's Watch service, launched in August 2017, is personalized around what friends are watching and was a latecomer to the streaming video market. Facebook wants to get more of the video ad market, projected to hit $19.81 billion in the U.S. by 2020 according to consultancy eMarketer. Meanwhile, MTV-owner Viacom is focused on a turnaround plan, overseen by chief executive Bob Bakish who has been in the role since 2016.
MTV Studios, a unit of Viacom's (NASDAQ: VIAB, VIA) MTV, announced today a partnership with Facebook Watch to reimagine the groundbreaking series MTV's The Real World for three all new seasons debuting Spring 2019. Drawing on Facebook's global platform, the new seasons will be native productions in Mexico, Thailand and the United States, respectively, to explore friendship, and the cultural and social environment in each.
MTV Studios, a unit of Viacom’s (NASDAQ: VIAB, VIA) MTV, announced today a partnership with Facebook Watch to reimagine the groundbreaking series MTV’s The Real World for three all new seasons debuting Spring 2019. Drawing on Facebook’s global platform, the new seasons will be native productions in Mexico, Thailand and the United States, respectively, to explore friendship, and the cultural and social environment in each.
Viewers may finally be able to vote the next Puck, the notoriously obnoxious housemate of "MTV's The Real World," off the show. The iconic MTV reality series, which ran for 32 seasons between 1992 and 2017, will return as three interactive series on Facebook in the United States, Mexico and Thailand early next year, MTV will announce on Wednesday at Mipcom, the annual television industry trade show in Cannes, France. The show will be shown exclusively on the Facebook Watch service, and will include interactive elements that let viewers shape the show.
CANNES, France, Oct. 17, 2018 /PRNewswire/ -- MTV Studios, a unit of Viacom's (NASDAQ: VIAB, VIA) MTV, announced today a partnership with Facebook Watch to reimagine the groundbreaking series MTV's The Real World for three all new seasons debuting Spring 2019. Drawing on Facebook's global platform, the new seasons will be native productions in Mexico, Thailand and the United States, respectively, to explore friendship, and the cultural and social environment in each. Available exclusively on Facebook Watch, the new seasons will introduce interactive social and community features that empower fans to shape the action and connect across mobile, desktop and Facebook's TV app. The news was unveiled during Facebook Watch's presentation at MIPCOM 2018 by Matthew Henick, Facebook's Head of Content Planning and Strategy for Facebook, Paresh Rajwat, Director of Product Management for Facebook and Chris McCarthy, President of MTV.
Netflix Inc. is in hot water again for its hiring practices. Viacom Inc. has sued the streaming giant for allegedly poaching television production executive Momita SenGupta. Netflix (NASDAQ: NFLX) announced that it had hired SenGupta and two other physical production executives last week.
Viacom has filed suit against Netflix Inc. , accusing the streaming company of poaching a TV production executive, according to a report in Variety. Netflix announced last week it had hired Viacom veteran Momita SenGupta as vice president of physical production for its original series, but Viacom alleges in the suit that Netflix induced her to break her contract, which ends in 2020. "Netflix has signaled that it has no intention of complying with the law, and that its illegal attempts to induce Viacom employees to break their contracts without consequence will not be limited to SenGupta," Viacom attorney Anthony J. Oncidi alleged. This isn't a first for Netflix; in 2016, 20th Century Fox also sued Netflix for hiring two of its employees before their contracts ended. Netflix has argued that Fox's contracts are unenforceable under California law, and the case will go to trial next year.
The Daily Show with Trevor Noah Presents: The Donald J. Trump Presidential Twitter Library is coming to Miami. The hugely successful, critically-acclaimed Presidential Twitter Library will open in Miami just ahead of The Daily Show’s week of shows at The Fillmore Miami Beach at the Jackie Gleason Theater.
CBS Corp. sought to turn the page on a tumultuous stretch when it said last month that Leslie Moonves was stepping down as chairman and chief executive amid sexual-harassment accusations and that the media company was settling litigation with its controlling shareholder. Instead, the boardroom drama continued. On Sept. 25, the company announced that its lead independent director, Bruce Gordon, was stepping down, surprising many people close to the company.
The disappearance of Saudi journalist Jamal Khashoggi has turned a harsh spotlight on companies that have accepted investments from the Saudi government's sovereign wealth fund — a list that includes a large number of Bay Area startups. Here's a closer look at who those companies are.
At a White House event with U.S. pastor Andrew Brunson, who arrived in Washington after being freed in Turkey, Trump said China and Russia would be ready to swoop in and get the business if the U.S. backed away. Later, leaving for a rally in Kentucky, Trump told reporters that scrapping the sales would hurt the U.S. and its workers more than it would hurt Saudi Arabia.
A month ago, CBS Corporation (CBS) decided to reconfigure its board of directors after its CEO and board chair, Leslie Moonves, stepped down. The changes added several experts in mergers and acquisitions to the board, sparking talks about whether CBS was building a foundation for a deal. In the months leading up the ouster of Moonves over sexual misconduct allegations, the Redstone family tried to merge CBS with its sister company Viacom (VIA).
With tens of millions of subscribers across its YouTube channels, pocket.watch is repackaging its most popular videos into 22-minute episodes and putting them on Hulu and Amazon with an eye toward selling them internationally as well. The company is also producing a new series called “Digital Superstars,” which brings viral videos and popular kids clips together from all of pocket.watch's YouTube creator partners as well as “Challenge Squad.” The first 26 22-minute episodes will be available for distribution globally this winter.
Nickelodeon has entered into an exclusive first-look deal with comedian, actor and television personality Kevin Hart (Night School, Jumanji, The Secret Life of Pets) and his production entity, HartBeat Productions. Hugely popular among Nickelodeon’s audience, Hart will develop and produce live-action, scripted kids’ content for the network through HartBeat. Kevin Hart noted, “For me, Nick has always represented everything fun about being a kid, and it’s still at the forefront today of kids’ and family entertainment.
LOS ANGELES, Oct. 11, 2018 /PRNewswire/ -- Today, pocket.watch, the kids and family studio that celebrates the new digital stars, franchises and formats that kids love today, announced pocket.watch Challenge Squad, a 22-minute per episode original premium series based on the incredibly popular YouTube short-form challenge format. The company has seen recent success with the growth of their YouTube channel of the same name to over 130,000 subscribers making it the perfect time to extend the channel into a 22-minute per episode premium series.