In an effort to broaden its media services offerings, Sweden-based Ericsson (NASDAQ: ERIC ) intends to acquire U.K.-based Red Bee Media, Ericsson announced this week.
Red Bee Media's 1,500 "highly skilled employees," along with media services and operations facilities in the U.K., France, Germany, Spain and Australia will "further strengthen Ericsson's broadcast services business," according to the company.�With 1,240 of Red Bee Media employees based in the U.K., Ericsson's U.K. business would grow to around 4,000 employees if the acquisition goes through, and with more than one-third working in the media services business, the U.K. would become a global media hub for Ericsson.
Ericsson first entered the media services business in 2007, and expanded the unit in 2012 with the acquisition of Technicolor's Broadcast Services Business.
In discussing the decision to acquire Red Bee Media, founded in 2005, Ericsson Executive Vice President and head of business unit global services Magnus Mandersson commented, "Ericsson is making a step change to our business, cementing our commitment to TV and broadcast services and continuing a journey we started in 2007."
Top 5 Net Payout Yield Companies To Watch In Right Now: Time Warner Inc.(TWX)
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. The Networks segment provides domestic and international networks, premium pay and basic tier television programming services, and digital media properties, which primarily consist of brand-aligned Websites. Its premium pay television services consist of the multi-channel HBO and Cinemax premium pay television services. This segment provides programming to cable system operators, satellite service distributors, telephone companies, and other distributors; sells advertising; and licenses original programming to domestic and international television networks. The Filmed Entertainment segment produces and distributes feature films, television and other programming, and videogames; distributes home video products; and licenses rights to its feature films, television programming, and characters. T he Publishing segment publishes magazines and books; and operates various Websites, as well as engages in marketing services and direct-marketing businesses. This segment publishes magazines on style and entertainment, lifestyle, news, and sports. The company?s brands include TNT, TBS, CNN, HBO, Cinemax, Warner Bros., New Line Cinema, People, Sports Illustrated, and Time. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.
Advisors' Opinion:- [By Dan Moskowitz]
Disney also stacks up well against entertainment giants�Time Warner (NYSE: TWX ) and Twenty-First Century Fox (NASDAQ: FOXA ) . First, consider top-line performances over the past year:
- [By Teresa Rivas]
Disney (DIS) gained ground on its upbeat third quarter after the market close, while Twenty-First Century Fox (FOXA) was also rising in late trading following its announcement �that it had formally withdrawn its offer to purchase Time Warner (TWX).
- [By Tim Beyers]
As far as I'm concerned, both shows are well written and worth watching. Yet if HBO were spun off from Time Warner (NYSE: TWX ) as an independent company, I'd still rather own shares of Mad Men distributor AMC Networks (NASDAQ: AMCX ) .
Best Media Companies For 2014: Gannett Co. Inc. (GCI)
Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. Its Publishing segment publishes 83 U.S. daily newspapers with affiliated online sites, including USA TODAY, a national, general-interest daily newspaper; USATODAY.com; USA WEEKEND, a magazine supplement for newspapers; Clipper Magazine, a direct mail advertising magazine; bi-weekly Nursing Spectrum and NurseWeek periodicals; and military and defense newspapers. This segment also includes 17 paid-for daily newspapers; approximately 200 weekly newspapers, magazines, and trade publications; and approximately 600 non-daily publications, as well as involves in commercial printing, newswire, marketing, and data services operations. The company?s Digital segment owns and operates CareerBuilder, an employment Web site, which offers online recruitment and career advancement services for employers, employees, recruiters, and job seekers; ShopLocal, which provides multicha nnel shopping and advertising services; Planet Discover, which offers hosted search and advertising services; PointRoll, which provides digital marketing services and technology; and Schedule Star, which offers scheduling solution for high school athletic departments. Its Broadcasting segment operates 23 television stations and affiliated Web sites, which produce local programming, such as news, sports, and entertainment programming. This segment also includes Captivate Network, a national news and entertainment network that delivers programming and full-motion video advertising on video screens located in elevators of office towers and select hotel lobbies in North America. The company has strategic business relationships with online affiliates, including Classified Ventures, ShopLocal.com, Topix, and Metromix LLC, as well as strategic marketing agreement with Microsoft. Gannett Co., Inc. was founded in 1906 and is headquartered in McLean, Virginia.
Advisors' Opinion:- [By Monica Gerson]
Gannett Co (NYSE: GCI) is expected to report its Q3 earnings at $0.41 per share on revenue of $1.27 billion.
VMware (NYSE: VMW) is projected to report its Q3 earnings at $0.82 per share on revenue of $1.29 billion.
- [By John Mitchell]
Gannett (NYSE: GCI ) and the Tribune Co. (NASDAQOTH: TRBAA ) , two companies that publish daily newspapers, have announced combined layoffs of 1,000 positions (not all in the newsroom). News magazines are feeling the same pinch. According to a recent Gallup poll, only 9% of adults get their news from print sources, with news magazines scoring the lowest. The Pew news study as early as 2010 listed online news as the primary source for 39% of adults. �One of Time's biggest competitors, Newsweek, ended its paper publication in early 2013 in favor of an online edition only.
Best Media Companies For 2014: Discovery Communications Inc(DISCA)
Discovery Communications, Inc. operates as a non fiction media and entertainment company worldwide. The company provides original and purchased programming across various distribution platforms. Its content covers science, exploration, survival, natural history, sustainability of the environment, technology, docu-series, anthropology, paleontology, history, space, archaeology, health and wellness, engineering, adventure, lifestyles, forensics, civilization, and current events. The company owns and operates nine national television networks in the United States, including Discovery Channel, TLC, Animal Planet, Science Channel, Investigation Discovery, Military Channel, Planet Green, Discovery Fit & Health, and Velocity. Discovery Communications also has interests in Oprah Winfrey Network, a pay-television network and Web site; The Hub that features original programming, game shows, and live-action series and specials; and 3net, a three-dimensional network. In addition, it o ffers network branded Web sites, and mobile and video-on-demand services; and distributes various national and pan-regional television networks. Further, the company develops and sells curriculum-based products and services to public and private K-12 schools, such as access to an online VOD service that includes curriculum-based tools, professional development services, and student assessment and publication of hardcopy curriculum-based content; and postproduction audio services to motion picture studios, independent producers, broadcast networks, cable channels, advertising agencies, and interactive producers. As of December 31, 2011, it operated approximately 150 distribution feeds in 40 languages. The company is headquartered in Silver Spring, Maryland.
Advisors' Opinion:- [By Sean Williams]
To begin with, partnerships are a key component to Hasbro's ongoing success. In 2009, Hasbro entered into a deal with media company Discovery Communications (NASDAQ: DISCA ) to create a channel known as the Hub, which would feature programming based on Hasbro's owned toy lines. Since 2010, when the channel made its debut, sales of My Little Pony have taken off. In the wake of its renewed success, the franchise released a new movie in June, which will go onto DVD later this summer.�
- [By Tom Taulli]
Still, BCE has a strong brand and substantial financial resources, as well as a top-notch network that reaches more than 70% of Canadians. BCE also has the advantage of owning premium content, with rights to programming for Discovery (DISCA) and Viacom’s (VIAB) MTV. Its prospects also look bright with concern to mobile, where the company has invested heavily in its payments solutions.
Best Media Companies For 2014: DISH Network Corporation(DISH)
DISH Network Corporation, through its subsidiaries, provides direct broadcast satellite (DBS) subscription television services in the United States. It offers programming that includes approximately 280 basic video channels, 60 Sirius satellite radio music channels, 30 premium movie channels, 35 regional and specialty sports channels, 2,800 local channels, 250 Latino and international channels, and 55 channels of pay-per-view content. The company also offers local HD channels in approximately 160 markets and 215 national HD channels; and receiver systems, including a small satellite dish, digital set-top receivers, and remote controls. In addition, it provides DISHOnline.com, which enables DISH Network subscribers to watch 150,000 movies, television shows, clips, and trailers; DISH Remote Access that enables subscribers to remotely manage their DVRs using compatible mobile devices, such as smartphones, tablets, and laptops through their broadband-connected receiver; and Go ogle TV that enables DISH Network subscribers to search the Internet, check email, interact with social media, and find additional online programming content while simultaneously watching television. As of March 31, 2011, the company had approximately 14.191 million customers. DISH Network provides receiver systems and programming through direct sales channels; and independent third parties, such as small satellite retailers, direct marketing groups, local and regional consumer electronics stores, nationwide retailers, and telecommunications companies. The company was founded in 1980 and is headquartered in Englewood, Colorado.
Advisors' Opinion:- [By Jonathan Berr]
Cracks are starting to appear in the decade-old framework of the television industry. DirecTV (DTV), Verizon (VZ), AT&T (T) and Dish Network (DISH) have all refused to carry Comcast’s regional sports network in Houston, arguing steep fees Comcast was charging couldn’t be justified by the viewership. Having the Houston Astros, one of the worst teams in baseball, as part of the channel’s programming lineup doesn’t help matters either. These spats will become more commonplace.
- [By Dan Radovsky]
Sprint Nextel (NYSE: S ) is apparently taking DISH Network's (NASDAQ: DISH ) $25.5 billion buyout proposal seriously.
The wireless carrier's board of directors has formed a "special committee" of independent directors to evaluate DISH's unsolicited bid, the company announced today.
- [By David Dittman]
The buzz around Sprint-T-Mobile–after short-lived and misplaced rumors about Verizon and DISH Network Corp (NSDQ: DISH)–swarmed AT&T-DirecTV (NYSE: DTV) in mid-May. Before that it was Comcast Corp (NSDQ: CMCSA)-Time Warner Cable Inc (NYSE: TWC).
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