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Chinese Media Stocks Mixed After Alibaba-Youku Tudou Buyout
Friday, October 16, 2015 - 1:53pm | 494Read More...Shares of Youku Tudou Inc (ADR) (NYSE: YOKU) soared higher by more than 20 percent. Alibaba Group Holding Ltd (NYSE: BABA) announced its intention to acquire the remaining stake in Youku it doesn't already own for $26.60 per ADR. Shares of Chinese media firms surged in sympathy. Shares of Youku...
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Is The Video Subscription Space Saturated?
Friday, October 16, 2015 - 1:39pm | 449Read More...The way consumers watch TV has changed drastically over the past few years as the popularity of Internet video sites like YouTube have skyrocketed. Dedicated streaming services like Netflix, Inc. (NASDAQ: NFLX) and Hulu emerged and their warm reception from American viewers caused traditional...
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Is Radio Undervalued?
Wednesday, March 11, 2015 - 2:22pm | 341Read More...While consumers still love radio, analysts and investors consider it a highly fragmented industry with low growth. However, Bob Pittman, iHeartMedia Inc (OTC: IHRT) CEO, begs to differ. Pittman was on CNBC Wednesday to discuss why he thinks the radio industry overall is undervalued. Better...
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4 Reasons Netflix Will Kill Cable
Wednesday, April 23, 2014 - 1:29pm | 928Read More...Cable companies for years have been denying the existence of viable competition. Former Time Warner Cable (NYSE: TWC) CEO Glenn Britt even admitted this denial in a Q3 2013 conference call. “When I first got this job 12 years ago, I think the cable industry as a whole, including our company,...
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Netflix CEO Calls Interconnection Fees An "Arbitrary Tax"
Friday, March 21, 2014 - 1:10pm | 548Read More...In a blog post Thursday, Netflix (NASDAQ: NFLX) CEO Reed Hastings said content companies like Netflix should be given adequate network connections free of charge. Hasting’s blog post stems from the deal Netflix inked with Comcast (NASDAQ: CMCSA) this past February in which Netflix agreed to pay...






