News Corp. Eyeing Anschutz and 4 Media Titans Making Waves
Netflix, Inc. (NASDAQ:NFLX): BSkyB (BSYBY) has gained the rights to Warner Bros. (NYSE:TWX) productions, including “The Dark Knight Rises,” in its first deal with a major Hollywood studio since Netflix’s (NASDAQ:NFLX) first appearance in the U.K., according to the Guardian.
Don’t Miss: Groupon Starts Dealing With Mobile Payments.
CBS Corporation (NYSE:CBS): Apple (NASDAQ:AAPL) along with four publishers (CBS Corp.’s (NYSE:CBS) Simon & Schuster, News Corp.’s (NASDAQ:NWSA) HarperCollins, Verlagsgruppe Georg von Holtzbrinck GmbH’s Macmillan unit and Lagardere SCA (MMB)’s Hachette Livre) offered to not set the retail price of e-books in Europe for five years as an attempt to end an EU antitrust investigation regarding price-fixing for digital books, according to Bloomberg.
Comcast Corporation (NASDAQ:CMCSA): Communications technology company Arris (NASDAQ:ARRS) retreats following Jefferies analyst James Kisner statement in a note to investors claiming that his sources suggested that Comcast’s most recent Xfinity Wireless Gateway product was made by Technicolor. Previously, the analyst’s sources suggested that Arris had been the provider of all of Comcast’s Wi-Fi terminal adaptors. Kisner did predict that Arris would lose some of the Comcast business, but the design win by Technicolor happened before he realized it would. Kisner continues to see significant earnings upside potential for Arris for 2013, and the firm has decided to keep a Buy rating on the stock.
Dish Network Corp. (NASDAQ:DISH) will face AMC Networks (AMCX) in a $2.4 billion trial concerning a failed programming deal, which also has the possibility of determining if the satellite network’s viewers will have the ability to watch AMC shows like Mad Men, according to Bloomberg.
News Corp. (NASDAQ:NWSA): Anschutz Co. has stated that it wishes to sell its sports and entertainment unit in a possible sale totaling over a billion dollars. Possible buyers are Liberty Media Corp. (NASDAQ:LMCA) and News Corp., according to Reuters.
Are these stocks a buy or sell? Let us help you decide. Check out our Wall St. Cheat Sheet Stock Picker Newsletter now >>