CBS REACHES Royalty Settlement Agreement and 4 Must-See Media Stock Stories Making Waves
Netflix, Inc. (NASDAQ:NFLX): Since its entry into the “challenging” Brazilian market, some of the problems that Netflix faced have been solved, according to their chief communications officer Jonathan Friedland. However, other challenges persist. The shares traded up $1.2 (1.47%) recently at $83.09.
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Coinstar, Inc. (NASDAQ:CSTR): Equities researchers at Northland Securities, increased their target price on shares of Coinstar from $90.00 to $96.00. The firm currently has an “outperform” rating on their stock. The shares traded down $2.02 (2.85%) recently at $68.91.
CBS Corporation (NYSE:CBS): In a dispute with several cast members of the 1970′s hit comedy, “Happy Days,” the CBS TV network agreed to a settlement giving them an undisclosed amount of royalty payments from sales of show merchandise. The shares traded down $0.36 (1.11%) recently at $32.20.
Walt Disney Co. (NYSE:DIS): Disney’s (NYSE:DIS) ESPN sports network is selling more political ads that will appear on its programs before the November elections this fall, reports the Wall Street Journal. The shares traded down $0.04 (0.08%) recently at $48.
SIRIUS XM Radio Inc. (NASDAQ:SIRI)has over 22.9M subscribers, they added over 1M net subscribers in 2012. The shares traded up $0.03 (1.46%) recently at $2.08.
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