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Wall Street today reacted with concern to late Wednesday news that cable giant Comcast Corp. is eyeing a potential acquisition of at least part of NBC Universal. Comcast shares tanked 7 percent in early Thursday trading. Full Article at MediaWeek
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The deal market suddenly came alive last week when Scripps Networks Interactive agreed to pay about $1 billion for the Travel Channel, nearly twice the estimated value of the network when its auction began almost five months ago. Full Article at Multichannel News
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As Pali Research analyst Richard Greenfield notes in a blog post this morning, the cut-rate DVD pricing for hot titles comes at a time when the movie business is struggling to cope with the rising popularity of $1-a-day rentals from kiosk operator... Full Article at Barron's Online
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Cox Communications is expected to command close to a billion dollars for the Travel Channel, The New York Times’s Brian Stelter reported, citing people close to the bidding war for the channel. Full Article at Dealbook
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Pali Research media analyst Richard Greenfield raised his rating on Time Warner Cable to “neutral” from “sell” last week, observing that investors are beginning to move money from Comcast to the second-largest MSO for one simple reason: TWC isn’t... Full Article at Multichannel News
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Attorny Richard Greenfield of the firm Greendfield and Goodlman is aiming to bgrab some attention with comments like these: FINRA’s mindset has never been on major league enforcement, but rather relatively picayune broker-dealer violations and even... Full Article at Clusterstock
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Viacom and CBS chairman Sumner Redstone broke a year-old promise to investors last week when his National Amusements Inc. said it would sell nearly $1 billion of its Viacom and CBS shares, but at the same time removed an albatross that has been... Full Article at Multichannel News
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Chop some headcount, and Wall Street gives you a pat on the back. After eliminating nearly 40 from its Rhino unit, Pali Research analyst Richard Greenfield has now slapped a 'buy' rating on the stock. Full Article at Digital Music News
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Could Walt Disney Co. be changing its stance toward Redbox, whose dollar DVD rentals have roiled Hollywood? Full Article at Los Angeles Times
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A once-harsh analyst is once again praising Warner Music Group (WMG), despite a serious share price erosion over the past few months. Full Article at Digital Music News
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