Eric Schmidt Parts Ways with Google and Alphabet
Former Google CEO Eric Schmidt has cut ties with the company and its parent Alphabet. He served as Google’s CEO from 2001 to 2011.
Highfields Capital starts new positions in ASH, NWSA, MU, and CF and sells ILMN and ORCL—13F Flash B
Highfields Capital Management, LP, is a privately owned value-oriented investment management firm. Why buy News Corp. (NWSA)?
Will Falling Shareholder Returns Be a Concern for Viacom?
In the last five years, Viacom has returned ~$12.5 billion to its investors at an average of nearly $2.5 billion per year.
JANA Partners opens new positions in MNK, OUTR, NWSA, and HUN and sells HMA and AET—13F Flash B
JANA Partners LLC is a value-oriented investment advisor specializing in event-driven investing exclusively for qualified investors. Why buy Outerwall Inc. (OUTR)?
DOJ Seeks Damaging Intel from Google Critics in Antitrust Probe
Last year, the DOJ launched a broad antitrust investigation into big US tech companies including Google. The DOJ contacted News Corp. to get more information.
Highfields Capital starts new positions in ASH, NWSA, MU, and CF and sells ILMN and ORCL—13F Flash F
Highfields Capital Management, LP, is a privately owned value-oriented investment management firm. Why sell Oracle Corp. (ORCL)?
Antitrust Probe Flames Tense Google-News Corp Relationship
Google (GOOGL) seems uncomfortable with experts and critics’ involvement in the ongoing state-led antitrust problem of its business practices.
EU Court: Google’s $1.1 Billion German Copyright Fee Unenforceable
According to an EU court ruling, Google (GOOGL) will not have to pay a $1.1 billion copyright fee that a German publishing group demanded.
Google: Is Its News Service Trying to Get ahead of News Corp?
Google (GOOGL) updated its online news search technology to prioritize original reporting when returning search results.
Can Knewz by News Corp Challenge Google’s Ad Business?
News Corp (NWSA), a longtime Google (GOOGL) critic, wants to take Google on in the online news distribution space. Here’s how.
Murdoch’s News Corp Exploring Asset Sale
The Murdoch family is exploring another asset sale after closing its enormous Walt Disney (DIS) transaction last year.
ASX Recovers, KOSPI Is Flat, and Singapore Index Retreats
Australia’s ASX200 recovered today after a loss on Friday. After losing 0.55% on Friday, the index rose 0.22% today. Out of 200 stocks in the index, 83 advanced, while 103 retreated. 14 stayed unchanged today. BHP Group (BHP) and Rio Tinto (RIO) were among the gainers, while News Corp (NWSA) lost 1.29% on the Australian Stock Exchange today.
ASX Inched Closer to New High, KOSPI and Singapore Gained Big
On June 19, Australia’s ASX200 posted its second consecutive gain. The index rose 1.2% and closed at a fresh 11-year high of 6,648.10. The index is inching towards its lifetime high of 6,851.5.
Fox Draws Up a Succession Plan
Twenty-First Century Fox (FOX) (FOXA) has begun contemplating a future without the majority of its assets.
How Apple Could Benefit from Its Acquisition of Texture
Apple (AAPL) is acquiring Next Issue Media, the owner of digital magazine subscription service Texture.
Inside Fox’s Efforts to Win the UK’s Approval for Its Sky Bid
British regulators have until May 1 to make a final recommendation regarding 21st Century Fox’s bid to acquire Sky.
How Will the New Fox Look after the Disney Deal?
21st Century Fox (FOXA) will be left with news and sports assets after selling most of its assets to the Walt Disney Company (DIS) in a $52.4 billion deal.
British Regulator Wants the Fox-Sky Deal Blocked
Twenty-First Century Fox (FOX)(FOXA) recently suffered a blow to its efforts to take full control of Sky, a leading television company in Europe (EFA).
Disney’s Capital Return Policy Looks Attractive
Capital return trends Leading media mogul The Walt Disney Company (DIS) has continued to improve its capital return policy, driven by attractive dividend payments and strong share repurchase programs. In fiscal 2017, the media giant returned ~$11.8 billion to shareholders via buybacks and dividend payments, compared with $9.8 billion in fiscal 2016. In fiscal 2018, the […]
Can Comcast Maintain a Strong Capital Return Policy in 2017?
Comcast (CMCSA) continues to improve its shareholder returns via strong share buybacks and regular dividend payments.
21st Century Fox’s Television Segment Still Stable
Twenty-First Century Fox’s (FOXA) Television segment reported revenue of $1.1 billion in fiscal 1Q18.
Disney Continues to Boost Shareholders’ Wealth
Methods to enhance shareholders’ wealth Media conglomerate The Walt Disney Company (DIS) looks attractive to investors, mainly due to its regular dividend payments and healthy share buyback goals. It continues to enhance shareholders’ wealth through such objectives. In fiscal 2017, the company returned ~$11.8 billion to its shareholders through buybacks and dividend payments, compared with […]
What Google’s End to ‘First Click Free’ Could Mean
Alphabet’s (GOOGL) Google has yielded to the demands of publishers and ended its controversial online news service “first click free” program.
How Comcast’s Digital Strategy Is Different
Through its NBCUniversal unit, Comcast (CMCSA) has invested $1.5 billion in digital assets over the last 18 months. These investments include a stake in Snap (SNAP).
Netflix’s International Streaming Business in Fiscal 1Q16
Netflix (NFLX) has expanded its reach outside the United States. It’s now available in 190 countries, but as it expands, there are some challenges it may face.
What Factors Have Impacted Netflix’s Subscriber Growth?
Netflix recorded total domestic streaming memberships of 44.7 million and net additions of 1.6 million members in the United States in 4Q15.
News Corp: Assessing the Performance of Key Business Segments
Key business segments News Corp (NWSA) announced its fiscal 1Q16 earnings on November 5, 2015. News Corp has four business segments: News and Information Services, Book Publishing, Digital Real Estate Services, and Cable Network Programming. The company recorded fiscal 1Q16 revenues of $2.0 billion, a fall of 4% over fiscal 1Q15 revenues of $2.1 billion. As the […]
Gannett targets growth through acquisition of Cars.com
Gannett announced the acquisition of a 73% stake in Classified Ventures in August last year. Classified Ventures owns Cars.com.
Singh’s TPG-Axon sells its shares in Twenty-First Century Fox
TPG-Axon exited a position in Twenty-First Century Fox-A (FOXA) that accounted for 5.23% of the fund’s 3Q portfolio.