Viacom CRITICIZES DirecTV and 4 Media Titans Making Waves as the Dow Surges

Comcast Corporation (NASDAQ:CMCSA):  Business Insider reported that Hulu’s CEO, Jason Kilar, has not had his contracts and negotiations renewed yet. Talks have been delayed because Disney (NYSE:DIS), News Corp (NASDAQ:NWSA) and Comcast (NASDAQ:CMCSA) are having discussions with Providence Equity about buying out their Hulu stake. Sources say that Kilar would like to stay on as CEO, but Hulu’s parent companies “are not certain,” that they want him to stay. Their shares traded down $0.01 (0.03%), they closed at $32.38.

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DIRECTV, Inc. (NASDAQ:DTV):  According to The New York Times, the blackout of Viacom’s (NYSE:VIA) Nickelodeon, on DirecTV (NASDAQ:DTV), has been a ratings bonanza for the Disney Channel (NYSE:DIS), Time Warner’s (NYSE:TWX) Cartoon Network, Comcast’s (NASDAQ:CMCSA) Sprout and the Hub, which are owned by Discovery Communications (NASDAQ:DISCA) and Hasbro (NYSE:HAS). Their shares traded up $0.35 (0.72%), they closed at $48.95.

Dish Network Corp. (NASDAQ:DISH):  DISH disclosed, in a filing, that its DISH branded pay TV service has added approximately 665,000 gross new subscribers, but  lost approximately 10,000 net subscribers.  Their shares traded up $1.04 (3.61%), they closed at $29.88.

News Corp. (NASDAQ:NWSA):  According to Business Insider,  Hulu’s CEO Jason Kilar has not had his contracts and negotiations renewed yet. Talks have been delayed because Disney (NYSE:DIS), News Corp (NASDAQ:NWSA) and Comcast (NASDAQ:CMCSA), are having discussions with Providence Equity about buying out their Hulu stake. Sources say Kilar would like to stay on as CEO, but Hulu’s parent companies “are not certain,” that they want him to stay. The shares traded up $0.03 (1.13%) and closed at $22.40.

Viacom, Inc. (NYSE:VIA):  According to the Wall Street Journal,Viacom (VIA, VIAB) has criticized DirecTV (NASDAQ:DTV) for not being able to reach a deal, even though they have had several proposals for a compromise, that could have ended the dispute. Their shares traded down $0.80 (1.61%) and closed at $49.00.

Don’t Miss: Apple Third Quarter Earnings SNEAK PEEK.

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