networks

Fox Will Sell Sky Stake to Comcast for USD 15 Billion

Fox Will Sell Sky Stake to Comcast for USD 15 Billion

Twenty-First Century Fox Inc. (NASDAQ: FOXA) announced on Wednesday it will sell the remainder of its stake in U.K. based broadcaster Sky after being beat out by Comcast Corp. (NASDAQ: CMCSA) in a takeover bid.Comcast and Fox have been involved in a..

AMC Networks Beat on First-Quarter Results

AMC Networks Beat on First-Quarter Results

On Thursday, AMC Networks Inc. (NASDAQ: AMCX) announced its financial results for the first quarter of 2018. With both earnings and revenue beating estimates, shares of the company rose 3% in premarket trading on Thursday.According to the company, r..

Palo Alto Shares Rise After Beating Q2 Estimates

Palo Alto Shares Rise After Beating Q2 Estimates

Palo Alto Networks (NYSE: PANW) reported its second quarter financial results for fiscal year 2018 and beat analysts’ estimates in both revenue and earnings. Shares were trading 6 percent higher during Tuesday’s pre-market hours.For..

Viacom Teams Up with Mobile Companies

Viacom Teams Up with Mobile Companies

Viacom Inc. (NASDAQ: VIAB) announced plans to work directly with mobile phone networks to make deals in trying to gain back younger U.S. viewers who have left expensive cable TV packages. Media companies and mobile networks depend on each other..

Nokia Shares Fall After Disappointing Earnings

Nokia Shares Fall After Disappointing Earnings

Nokia (NYSE: NOK) shares fell sharply on Thursday as the company posted worse-than-expected network revenue in its third-quarter earnings report.Net sales fell about 8 percent to 5.5 billion euro in the third quarter, compared with 6 billion eu..

Facebook Looking to Start Original Productions

Facebook Looking to Start Original Productions

Facebook Inc. (NASDAQ: FB) is reportedly in talks with Hollywood producers, discussing the development of TV-quality shows with plans to launch original programming by late summer, people familiar with the matter said according to a report by f..