RTL to focus on digital, content in acquisitions

Published 27/08/2015

FRANKFURT European broadcaster RTL will focus on buying online businesses and content producers as it seeks to build itself into a video powerhouse that goes [more…]

News Corp profit beats as cost cuts in news business pay off

Published 12/08/2015

News Corp (NWSA.O) reported a better-than-expected quarterly profit on Wednesday, helped by cost cuts in its news and information services business that includes Dow Jones [more…]

Berkshire profit falls 37 percent on investment, insurance slump

Published 07/08/2015

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) said on Friday its second-quarter profit fell 37 percent, reflecting a significant decline in investment gains and an [more…]

Disney warning eclipses AMC Networks’ sales rise

Published 06/08/2015

AMC Networks Inc's (AMCX.O) shares fell as much as 14 percent despite the company's strong results, continuing a slide triggered by Walt Disney Co's (DIS.N) [more…]

New York Times revenue misses as print ad sales fall again

Published 06/08/2015

New York Times Co reported lower-than-expected quarterly revenue as its print advertising sales fell for the fourth straight quarter.

Shares of the company, which also [more…]

Viacom revenue miss adds to concerns over U.S. cable companies

Published 06/08/2015

Viacom Inc reported weaker-than-expected quarterly revenue, hurt by lower advertising revenue from its U.S. cable TV business as viewers increasingly shift to online streaming services.


Fox lowers profit outlook, shares drop

Published 06/08/2015

Media company Twenty-First Century Fox Inc (FOXA.O) on Wednesday reduced its profit expectation for the coming year, citing foreign currency impacts, the timing of film [more…]

HSBC beats forecasts as Hong Kong drives 10 percent rise in first-half profit

Published 03/08/2015

HONG KONG HSBC Holdings (HSBA.L) beat expectations with a 10 percent rise in first-half profit on Monday, driven by a strong performance in Hong Kong, [more…]

Sky beats year forecasts with broad demand across Europe

Published 29/07/2015

LONDON European pay-TV group Sky said on Wednesday it expects to perform strongly in its new financial year after better-than-expected 2014/15 profits prompted investors to [more…]

IAC’s profit beats estimates on strong dating business growth

Published 28/07/2015

Media mogul Barry Diller's IAC/InterActiveCorp (IACI.O) reported a better-than-expected quarterly profit as more users signed up for its dating services and the paid version of [more…]