Time Warner Inc
How Did the US Election Results Affect Media Stocks?
In this series, we’ll look at what Trump’s win means for the media sector. We’ll also look at how the possibility of a change in net neutrality regulations could affect media companies.
Netflix’s Competition Could Increase in the Future
Netflix (NFLX) leads the share of Internet traffic on computers and networks in North America. However, the competition is increasing against it.
What’s the Outlook for Time Warner’s Advertising Business?
At the start of 2016, Time Warner said it intended to reduce ad loads on Turner’s TNT channel. It also intends to reduce ads on TNT’s three new dramas set to premiere this year.
Why CBS Is Focusing on Original Progamming
Media companies have started focusing on producing original programming. CBS (CBS) is also increasingly concentrating on original programming.
Why Time Warner Intends to Pull Its HBO Programming from Amazon
Time Warner announced at its fiscal 1Q17 earnings call that it most likely won’t extend its agreement with Amazon beyond 2018.
Trading at a Discount, Netflix Has Mixed Recommendations
Of the 44 analysts covering Netflix, 23 have given it a “buy” recommendation, seven have given it a “sell” recommendation, and 14 have given it a “hold” recommendation.
A Look at Time Warner’s Key Metrics
In fiscal 1Q16, Time Warner bought back $700 million worth of shares. Including dividends, it has returned around $1.3 billion to its shareholders year-to-date.
What Factors Are Driving Time Warner’s Growth
Time Warner’s (TWX) Turner business division had revenues of $3 billion in fiscal 2Q16, an increase of 6% year-over-year.
A Look at Netflix’s Valuation Metrics
In international markets, Netflix continues to expand rapidly, but it hasn’t become profitable yet. The company also faces other challenges in international markets.
Why Media Networks Enter Amazon’s Streaming Partners Program
Netflix is the most popular service, with 49% of OTT subscribers. Amazon ranks second to Netflix when it comes to subscribers for its streaming video (or OTT) service.
How Do Disney’s Technical Indicators Compare with Peers?
Disney has a MACD of -1.3, while Twenty-First Century Fox (FOXA), Time Warner (TWX), and Comcast (CMCSA) have MACDs of -0.8, -0.2 and 0.3, respectively.
Dish Network and Its Valuation Metrics
Dish Network (DISH) has a forward EV-to-EBITDA multiple of 13.5x and a PE multiple of 23.8x.
Will Time Warner’s Programming Strategy for Warner Bros. Work?
Warner Bros. had revenues of $13 billion in 2015, a rise of 4% year-over-year (or YoY). However, Warner Bros. saw a 13% YoY fall in revenues in fiscal 4Q15, with revenues of $3.3 billion.
Why Is Time Warner Still Optimistic about Affiliate Fees Growth?
Media companies like Time Warner (TWX) derive their revenues primarily from affiliate fees and advertising.
How Does Netflix’s Valuation Compare?
Valuation metrics Earlier in this series, we learned about some key updates for Netflix (NFLX). In this part of the series, we’ll look at how Netflix’s value proposition stacks up against its peers’. Common valuation multiples for companies in the sector include the PE (price-to-earnings), EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and […]
What’s the Outlook for Time Warner’s Affiliate Fees in 2017?
Media companies derive their revenues primarily from affiliate fees and advertising. Time Warner expects double-digit growth in affiliate fees for its Turner business division in 2017.
The Analysts’ Take: Comcast Trades at a Discount, but Should You Get In?
On September 6, 2016, Comcast’s stock was trading 0.9% below its 20-day moving average of $67 and 0.5% above its 50-day moving average of $66.
How Analysts Have Rated DISH Network
On March 13, 2017, Dish Network (DISH) stock was trading at $62.05, 0.08% above its 20-day moving average of $62, 1.7% above its 50-day moving average of $61.
21st Century Fox Is Still Focusing on Film Diversity
21st Century Fox’s Filmed Entertainment segment performed well in the last two quarters. The segment’s revenue grew by 5% year-over-year to $2.4 billion in 3Q15.
Why Did Time Warner Stock Fall after Earnings Release?
On February 10, 2016, Time Warner (TWX) reported its 4Q15 and fiscal 2015 earnings. The company reported revenues of $7.1 billion in 4Q15, a decline of 6% year-over-year.
What Factors Could Impact Netflix in Developing Markets?
Netflix’s business model could be hampered by low Internet penetration or low usage of Internet-connected devices in international territories.
Are Activist Investors Eyeing Time Warner?
On January 7, 2016, the New York Post reported that activist shareholder Corvex Management could be building up its stake in Time Warner.
Why ESPN Isn’t Concerned about Falling Sports Ratings
In August 2019, Disney is set to expand its college sports programming by launching a successor to its SEC Network—the ACC Network.
What’s Affecting Comcast’s Stock Price?
On March 28, 2017, Comcast’s (CMCSA) stock closed at $37.09. The company’s stock has risen 7.4% YTD (year-to-date).
How Analysts Are Rating Dish Network after 4Q16 Earnings
Of the 26 analysts covering Dish Network (DISH), 13 have given it a “buy” recommendation, and eight have given it a “hold.”
How Time Warner Expects Its Advertising Market to Shape Up
Time Warner (TWX) stated at its fiscal 1Q17 earnings call that there has been a moderation in advertising compared to fiscal 2Q16.
How Is Amazon Gearing Up to Compete with Netflix?
Amazon (AMZN) has been increasingly focusing on its Prime program, but it’s a potent video streaming player too. How will this affect Netflix?
An assessment: Viacom versus its media peers
Viacom, despite being undervalued by analysts, is expected to see growth from its media networks segment especially with its digital partnership deals.
Why international markets are a big opportunity for Netflix
Netflix expects 2.15 million net subscriber additions in the fourth quarter. This growth is faster than what Netflix experienced in the U.S.
The Impact of the AT&T–Time Warner Merger
Analyst Craig Moffett believes that AT&T has an 80% chance of prevailing in court in its proposed merger with Time Warner.
Why Netflix Plans to Spend $1 Billion on Marketing in 2016
The online video streaming market is a crowded segment. In addition to Netflix, DISH Network and Time Warner are vying for potential customers.
TPG-Axon raises position in GNC Holdings
In 3Q14, same-store sales—as measured on a product-only basis—decreased 6.9% in domestic company-owned stores, including GNC.com.
Singer’s Elliott Management goes activist on Riverbed Technology
Elliot added 8,231,946 shares to its Riverbed Technology (RVBD) stake in the fourth quarter. Network equipment maker Riverbed accounts for a 6.04% position in Elliot’s portfolio.
Can Twitter Help Studios Boost Box Office Sales?
Twitter’s (TWTR) social media platform could be a powerful tool for marketing and gauging public interest in new movie releases.
How Facebook Plans to Monetize Its Messenger App
Facebook (FB) hasn’t given a specific monetization timeline for Messenger. However, we believe that the company is slowly getting closer to monetizing its Messenger app.
Highfields Capital Management’s positions in 3Q14
Highfields Capital Management LP is based in Boston. The fund was founded by Jonathon Jacobson in 1998. The fund’s US long portfolio declined slightly to $12.8 billion in the third quarter.
Why AT&T Extended the Time Warner Merger Deadline
Time Warner (TWX) and AT&T (T) agreed to extend the deadline for their proposed merger by roughly two months.
Comcast’s Technical Indicators: Peer Comparison
Technical indicators Traders and investors analyze technical indicators when making market entry and exit decisions. Moving averages and the RSI (relative strength index) are among the most widely used technical indicators. An RSI score below 30 signifies that a stock is oversold, while an RSI scores above 70 indicates that a stock is overbought. In […]
Must-know guide to the Walt Disney Company’s competitors
Being a diversified entertainment company, Disney faces a number of competitors in its various segments.
AT&T and Time Warner Reset Merger Deadline to June
AT&T (T) and Time Warner (TWX) agreed to extend the deadline for their proposed merger by roughly two months. The presiding judge noted that his decision might come after the original April 22 deadline.
How AT&T Is Tackling 5G, the Next Big Thing in Wireless
In the telecom world, 5G is the new buzzword, as it could provide 10x–100x faster wireless speeds than 4G. AT&T’s (T) progress in the 5G space continues.
Here’s How Time Warner Fared in 2Q16
Time Warner (TWX) announced its fiscal 2Q16 earnings on August 3, 2016. It reported revenues of $7 billion, a decline of 5% year-over-year.
Paul Singer’s Elliott Management sells its shares in Time Warner
Elliott Management sold its position in Time Warner Inc. (TWX) in 1Q 2014. The position accounted for 1.17% of the fund’s 4Q 2013 portfolio and was initiated in the same quarter.
What’s Mario Gabelli’s View on AT&T-Time Warner Deal?
On a year-to-date basis, AT&T stock has fallen nearly 15.3% as of November 22, 2017.
Will Time Warner Participate in Hulu’s Online Television Service?
Time Warner has stated that it would follow Disney and Fox in terms of its programming becoming available on Hulu’s new service.
Why Apple Could Reduce its App Store Fees for Subscriptions
Although Apple’s App Store business is a fast-growing one, the company wants even faster growth. Revenues from the App Store were up 29% in fiscal 2Q15.
Time Warner Could Benefit from Earlier Video on Demand Releases
Time Warner’s (TWX) Warner Bros. could benefit from its movies moving from theaters to on-demand streaming quicker, which could open up a new revenue stream for the company.
Insights from AT&T’s EBITDA Margin Trend
AT&T has been showing a lot of improvement in its EBITDA margin for the past few quarters.
Why Media Partnership Is a Big Deal for Snap
Media partnerships are crucial to the success of Snap’s (SNAP) popular features such as Discover and Live Stories.
Why Apple May Not Launch Its Web TV Service this September
September is very important for Apple (AAPL). It’s when the company announces its new version of the iPhone every year.
TPG-Axon raises position with Monsanto
Monsanto received USDA recommendations for deregulation for both Roundup Ready Xtend soybeans and Bollgard II XtendFlex cotton.
How Will Time Warner’s Acquisition Help AT&T with Advertising?
In this part of the series, we’ll look at the advertising outlook for the combined AT&T–Time Warner entity.
What Is the Outlook for Affiliate Fees for Time Warner’s Turner?
Time Warner stated in its 4Q15 earnings call that it has achieved the rise in affiliate fees in its agreements with the top ten domestic distributors. It expects subscription revenues to be in the low teens in fiscal 1Q16.
What Were Cisco’s Major Acquisitions in Fiscal 3Q16?
In fiscal 3Q16, Cisco (CSCO) closed five acquisitions. It acquired Jasper Technologies, making Cisco the largest cloud-based IoT (Internet of Things) service platform.
Regulatory Environment Puts AT&T Deal to the Test
AT&T says it doesn’t believe the acquisition will result in less choices for consumers or in higher prices.
What Does Trump’s Win Mean for AT&T-TWX Acquisition?
Telecommunication companies have long been giving big donations to both parties and have lobbied hard in Washington.
Content Strategy for Some US Over-the-Top Players
Netflix has stated that it’s likely to go into additional debt next year to fund its content acquisition costs. Netflix had gross debt of $2.4 billion at the end of 3Q15.
How Analysts View Time Warner Stock
Of the 32 analysts covering Time Warner (TWX), 16 gave it a “buy” recommendation, and 16 gave it a “hold” recommendation. There were no “sell” recommendations on the stock.
How Are Analysts Rating Disney before Its Earnings Release?
Shareholder returns and stock trends As of November 2, 2016, The Walt Disney Company’s (DIS) stock was trading at $92.39. That’s 0.4% above its 20-day moving average of $92, 0.7% below its 50-day moving average of $93, and 2.8% below its 100-day moving average of $95. Disney generated returns of -19.7% in the trailing 12-month […]
What Are Sprint’s 5G Plans?
In the telecommunications world, 5G (fifth-generation) technology is generating a lot of hype.
Is Q Blocks a Real-Life Pied Piper from Silicon Valley?
With a tool that offers multiple benefits for less money, Q Blocks aims to disrupt the Internet in a way that parallels the TV show Silicon Valley.
How Do Media Networks Make Money?
Media networks face stiff competition for acquisition and distribution of content. Quality and exclusivity add to competition across the media value chain.
What’s behind AT&T’s ‘Better-Together’ Philosophy?
AT&T said in April that new and existing customers who have subscribed to its Unlimited Plus plan, which starts at $90 a month, can now have free access to HBO.
AT&T’s Streaming Business, 5G, Debt, and More
In the last five years, AT&T (T) has returned only 30%, including dividends, while the broader S&P 500 Index has returned 65%.
How AT&T Stock Is Placed for the Future
Telecommunications and media giant AT&T (T) stock is trading close to its 52-week high, and it continues to look strong.
Debt Remains Netflix’s Prime Source of Financing
Netflix (NFLX) considers debt its main source to finance content, given its lower cost of capital.
Netflix Beats Q2 Estimates, Misses Subscriber Growth Outlook
Netflix (NFLX) reported strong Q2 financial results on July 16. However, in aftermarket trading, the stock took a nosedive, falling 14.1%.
Twenty-First Century Fox Stock Rose 28% Last Month
Twenty-First Century Fox (FOXA) stock rose 28.6% in June and is now trading at $49.20, which is 98% above its 52-week low of $24.81.
Analyzing AT&T’s Valuation Multiples after the Merger
AT&T is now trading at a PE multiple of 20.5x. In 2018, its PE multiple is expected to be 10.1x.
Our 10, Make That 11, Stocks to Buy Scorecard
Our belief is that you have to be a stock picker today. The Nasdaq (QQQ) is up 8% this year and Dow Jones Industrial Average (DIA) is down 1%.
Understanding Time Warner’s Warner Bros. Revenue Trends
Time Warner’s (TWX) studio segment, Warner Bros., had a weak 1Q18, with both its revenue and operating income falling.
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.
AT&T and Time Warner: Response to Department of Justice Concerns
The US government is concerned that the planned AT&T–Time Warner merger would diminish competition and give too much control to AT&T.
How YouTube TV Is Marketing Its Live Streaming Services
Live TV brought by OTT streaming services like YouTube TV has encouraged Americans to stop subscribing to traditional pay-TV.
What Are AT&T’s Top Priorities for 2018?
AT&T’s management stated that in 2018, the company’s top priority would be closing the Time Warner (TWX) deal.
Understanding Walt Disney’s Deal with 21st Century Fox
In December 2017, the Walt Disney Company (DIS) announced its plans to buy some of the assets of 21st Century Fox (FOXA) for an equity value of ~$52.4 billion.
Behind Time Warner’s Growing HBO Subscribers
n 4Q17, Time Warner’s HBO segment reported quarterly revenue growth of 13% at $1.7 billion. HBO contributes ~19.5% of Time Warner’s total revenues.
What Comcast’s Revenues Are Signaling
Comcast (CMCSA) boasted revenues of $21.9 billion in 4Q17, which was well above the consensus estimate of $21.8 billion.
Court Order Is Reminiscent of AT&T’s Remark on DOJ’s Lawsuit
The United States Department of Justice (or DOJ) sued to block AT&T from acquiring Time Warner in November, claiming that the merger would harm industry competition.
What Prompted AT&T to Merge with Time Warner?
In October 2016, AT&T (T) signed an agreement to acquire Time Warner (TWX), in which it agreed to pay $107.50 per share to Time Warner’s shareholders.
American Airlines: 4Q17 Revenue Estimates
American Airlines’ (AAL) revenue for 4Q17 is expected to be $10.54 billion—an increase of 7.80% on a year-over-year basis.
What Hurt CBS’s Entertainment Segment in 3Q17?
CBS’s (CBS) Entertainment segment, which contributes nearly 57% of the company’s total revenues, reported $1.8 billion in revenues for the 3Q17.
Why Affiliate Revenues Remain Crucial for CBS
Media conglomerate CBS (CBS) reported 3Q17 financial results that showed that its overall revenues rose 2.8% YoY (year-over-year) to nearly $3.2 billion.
Viacom’s Paramount Pictures Inks Deal with Hasbro
Features of the deal Media conglomerate Viacom (VIAB) has continued to strengthen its ties with leading toymaker Hasbro (HAS) by entering into a new production and content distribution agreement connected with Hasbro’s huge brand portfolio. As part of the deal, original stories will be developed. The five-year deal will see the companies collaborating on live-action and animated […]
Could BET Networks Keep Driving Viacom’s Media Business?
In this series, we’ll take a close look at Viacom’s flagship brands and how they’re driving the company’s revenue.
Why AT&T Believes the Time Warner Transaction Will Close
During the Morgan Stanley Technology, Media, and Telecom Conference, John Stephens, AT&T’s executive vice president and chief financial officer, spoke about the latest updates on the Time Warner transaction.
Time Warner’s Home Video Unit Gaining from Hit Movie Releases
Time Warner’s home video and electronic delivery business, which is part of its Warner Bros Segment, continues to drive its theatrical product revenues.
Disney Aims for $6 Billion Share Repurchase in Fiscal 2018
Share repurchase trends The Walt Disney Company (DIS) continues to boost shareholders’ wealth through huge share buybacks. The company aims to buy stock worth $6 billion in fiscal 2018, the same rate at which it has been purchasing shares for the last five years. In 4Q17, the company bought 33.6 million shares for $3.4 billion, and in […]
Will AT&T Agree to Sell CNN or DIRECTV for Time Warner Buyout?
Amid rising competition in the wireless space, AT&T (T) has its hopes in the proposed acquisition of leading content provider Time Warner (TWX).
Thor: Ragnarok to Boost Disney’s Film Business
Thor: Ragnarok has already grossed a whopping $427 million worldwide.
Netflix’s Millarworld Acquisition: A Boost to Original Content?
Netflix (NFLX) has made its first acquisition in its 20-year history by acquiring comics publisher Millarworld.
Will AT&T’s Merger Deal with Time Warner Close in October?
According to a report from FierceCable on October 11, 2017, AT&T’s (T) merger deal with Time Warner (TWX) could close this month.
Is Time-Warner AT&T’s Saving Grace?
T-Mobile disrupting the market Once trendsetters in the wireless carrier industry, AT&T (T) and Verizon (VZ) have largely been following leads in recent years. T-Mobile (TMUS) has been a particularly disruptive rival, as well as Sprint (S). In the June quarter, AT&T shed both phone and video customers, while T-Mobile made a significant gain in the […]
AT&T’s Ad Idea a Threat to Google
Targeted television ads The advertising prospects of AT&T’s (T) merger with Time Warner (TWX) may not seem to be much of a threat to Internet advertising juggernauts Google and Facebook (FB). However, by understanding AT&T’s idea of future television advertising, you can see why Google and Facebook should be afraid. AT&T is looking to a future where […]
The Aims of the AT&T-Time Warner Merger
Better TV audience targeting In seeking to merge with Time Warner (TWX), AT&T (T) is motivated by advertising prospects. For AT&T, combining Time Warner’s media assets, especially high-quality content, with its technology and massive user data should make a huge difference in its advertising business. For example, AT&T hopes that the combination will enable it […]
The True Cost of the AT&T-Time Warner Deal
Regulators in Mexico and Chile approve deal With AT&T (T) CEO Randall Stephenson telling investors and analysts that he sees the merger deal with Time Warner (TWX) closing by the end of the year, it’s important to find out what’s happening. At an industry conference organized by investment bank Goldman Sachs (GS), Stephenson said that he […]
When Is the AT&T-Time Warner Deal Set to Close?
Last year, AT&T (T) made a surprise announcement that it was acquiring Time-Warner (TWX) for $85.4 billion. In this series, we’ll look into that deal and other updates on AT&T and T-Mobile.
AT&T Still Expects to Close Time Warner Deal by Year-End
During the Goldman Sachs Communacopia Conference on September 12, 2017, AT&T’s chief executive officer was confident that the acquisition of Time Warner would close by year-end.
Why Comcast Is Launching a Sling TV Rival
Comcast (CMCSA) is planning to broadly roll out Xfinity Instant TV, its streaming video service that it’s been testing for a while in regional markets.
Why AT&T’s New Structure Suggests Confidence in TWX Deal Approval
Despite the AT&T-Time Warner merger review being wrapped in uncertainty, AT&T (T) is moving forward with the groundwork for a new corporate structure made up of Time Warner’s (TWX) assets.