Seattle Times (Free subscription) | 08/15/2008
Yahoo said today it will add the former chief executives of Nextel Partners and Viacom to its board of directors as part of the company's...
Digital Media Wire (Free subscription) | 08/15/2008
Sunnyvale, Calif. - Yahoo will add the former chief executive of Viacom, Frank Biondi Jr., and the former chief executive of Nextel Partners, John Chapple, to its board of directors from a list of nine possible new board members submitted by billionaire investor Carl Icahn. The addition of Biondi Jr. and Chapple is part of an agreement made to ward off a proxy fight with billionaire investor Carl...
Silicon Alley Insider (Free subscription) | 08/14/2008
Attorneys are still hashing out two critical issues in Viacom's (VIA) $1 billion lawsuit against Google (GOOG): how to hand over YouTube's user logs the user data of Google and YouTube employees. The second issue in particular is loaded with intrigue: did founders Chad Hurley and Steve Chen, or any other YouTube employees upload episodes, say, of The Daily Show or South Park, which has long been he...
Seeking Alpha (Free subscription) | 08/13/2008
Sramana Mitra submits: The recession seems to be hurting media stocks as well. Here are some recently reported Q2 earnings. We did a deep dive on IAC ( IACI) last Fall and recommended major restructuring which is now under way. The company’s revenues for the quarter were in line with the market’s expectations and sequentially flat at $1.6 billion. Over the year, the revenues grew 7%. EPS of $0.35...
Sramana Mitra on Strategy (Free subscription) | 08/13/2008
I continue my analysis of media stocks’ quarterly results with a discussion of Viacom and News Corp, both of which recently announced their June quarter results.
Internet News (Free subscription) | 08/13/2008
Carl Icahn edges closer to gaining two more seats on the company's board, thanks to the deal that settled his proxy war with the online pioneer.
Business Week (Free subscription) | 08/11/2008
The entertainment giant's stock is sagging, but analysts point to assets like its Rock Band video game and Paramount film studio
Today's Tribune-Review (Free subscription) | 08/06/2008
Borough officials sued Viacom for damage on Viaduct and Fourth streets they say was caused by trucks accessing the 25-acre tract of land the company owns beneath the Route 130 bridge.
Silicon Alley Insider (Free subscription) | 08/05/2008
As previously reported , Comcast (CMCSA) was indeed interested in buying Daily Candy. But they ended up paying much more than the $75 million we head about earlier this month -- the cable company is paying $125 million for newsletter business, a source close to the sale tells us. We hear that Viacom was also interested in the property, which has been off and on the blocks for the last few years, and...
Will Video for Food (Free subscription) | 08/02/2008
If you think you have the worse job in the world, imagine working for Viacom in the public relations group. The organization has decided that, above all else, it must fiercely protect its copyrighted material. A worthy cause when your core asset is not your people, but your family of brands, movies and shows. But is [...]
SBUX - BloggingStocks (Free subscription) | 08/02/2008
Filed under: Earnings reports , Starbucks (SBUX) , Sirius Satellite Radio (SIRI) , Viacom (VIA) , IAC/InterActiveCorp (IACI) , Aetna Inc (AET) , Altria Group (MO) , Comcast Cl'A' (CMCSA) , Corning Inc (GLW) , Nucor Corp (NUE) , Valero Energy (VLO) , Kraft Foods'A' (KFT) , Garmin Ltd (GRMN) Here are some highlights from this past week's earnings coverage from BloggingStocks: Aetna Inc. (NYSE: AET )...
DealBreaker (Free subscription) | 08/01/2008
The problem with watching the financial markets and regulatory blunders too closely is that sometimes we miss the best stories. For instance, how can we have been writing so much about Yahoo without hearing that and ex-Yahoo CEO Terry Semel's daughter Courtenay Semel is reportedly dating Johnson & Johnson heiress Casey Johnson? Now that we finally got around to reporting on this, it turns out that...
Contactmusic Ltd (Free subscription) | 08/01/2008
Mediaset, the Italian media company owned by Italian Prime Minister Silvio Berlusconi, has filed a $780-million lawsuit against Google's YouTube claiming that it benefits ...
Voices - All Things Digital (Free subscription) | 08/01/2008
Here's the thing about the TV business: It's only as profitable or as valuable as the people who watch it. And if the only people who watch it are senior citizens strapped by debt, it's not worth much--not to advertisers, anyway.
IMDb News (Free subscription) | 07/31/2008
Mediaset, the Italian media company owned by Italian Prime Minister , has filed a $780-million lawsuit against Google's YouTube claiming that it benefits from "illegal commercial use" of its copyrighted material. Mediaset lines up behind the U.S.'s Viacom, which has filed a $1-billion lawsuit against the company for the same reason. Mediaset said that as of June 10, 2008, 4,643 clips from its television...
