MySpace Restructure And Digital Write-Offs Cost News Corp $275 Million
The cost to News Corp (NSDQ: NWS) of getting MySpace in to shape? A big chunk of $275 million in the last three months of 2010 alone. That w… Read more »
The cost to News Corp (NSDQ: NWS) of getting MySpace in to shape? A big chunk of $275 million in the last three months of 2010 alone. That w… Read more »
News Corp. (NSDQ: NWS) is now definitely looking for a MySpace buyer – but may yet retain part of the site.
“With a new structure in place,… Read more »
It wouldn’t be a Time Warner (NYSE: TWX) earnings call without some tough talk from CEO Jeff Bewkes, who suggested he’ll put the screws to N… Read more »
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Leading his first earnings call since being named IAC’s CEO, a very fast talking Greg Blatt said the company’s $50 million purchase of ad-su… Read more »
Time Warner (NYSE: TWX) beat revenue and earnings estimates, but the fine print has a few items that aren’t so rosy. Following the same patt… Read more »
Over the past few months, AOL (NYSE: AOL) CEO Tim Armstrong has said that display revenues will turn around by mid-year, an implicit warning… Read more »
IAC (NSDQ: IACI), which rejiggered its operations during the most recent quarter, laying off employees at its search business and swapping E… Read more »
Electronic Arts (NSDQ: ERTS), which has invested heavily in its digital business through a series of recent acquisitions, including the purc… Read more »
Gannett (NYSE: GCI) CEO Craig Dubow began the company’s largely positive Q4 earnings results by highlighting the local digital moves on the… Read more »
The improving advertising outlook helped Gannett (NYSE: GCI) ease the declines in publishing, especially in the classified area in Q4, as di… Read more »
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There’s a good reason Amazon (NSDQ: AMZN) released its Q4 earnings results after market closed: investors were surprised by the how the comb… Read more »
Amazon (NSDQ: AMZN) makes a particular point of reminding observers that its Kindle books are outpacing both paperback and hardcovers in its… Read more »
Microsoft (NSDQ: MSFT) posted a 5 percent increase in sales during the most recent quarter, countering predictions that its revenue would st… Read more »
– Motorola (NYSE: MOT) Mobility: In its first results since spinning off from the Solutions part of its business, the mobile device and hom… Read more »
The recovery in ad spending produced what has become fairly typical results for a regional newspaper publisher and broadcaster like Media Ge… Read more »
Time Warner (NYSE: TWX) Cable’s latest results may not be proof of actual cord-cutting, but it will surely fuel the debate as to whether cab… Read more »
Just two weeks after AT&T (NYSE: T) officially began sharing the license to sell the iPhone with rival Verizon, the carrier posted what it s… Read more »
News Corp.’s BSkyB (NYSE: BSY) confirmed it has bought UK WiFi network The Cloud from its investor, DFJ Esprit, “to allow easy access to Sky… Read more »
Nokia’s Q4 and full-year earnings report is coming in just now, and it spells out in numbers some of the issues facing the world’s biggest h… Read more »
What a difference a day makes for Netflix (NSDQ: NFLX). Less than 24 hours after an executive fired a shot across Time (NYSE: TWX) Warner’s… Read more »
Unsurprisingly, Yahoo (NSDQ: YHOO) CEO Carol Bartz used Yahoo’s earnings call Tuesday to highlight lots of positives in the company’s better… Read more »
Yahoo (NSDQ: YHOO) continues to cut costs — and that’s significantly benefiting the company’s bottom line. The company, which laid off roug… Read more »
Women’s magazine publisher Meredith Corp. (NYSE: MDP) posted strong results last quarter, signaling that the magazines and local broadcast w… Read more »
As expected, today Verizon confirmed ahead of its 4Q earnings presentation that it would be offering the Apple (NSDQ: AAPL) iPhone with a $3… Read more »
Google (NSDQ: GOOG) hauled a record $878 million from British advertisers between October and December – 4.5 percent more than in the previo… Read more »
It certainly was not Google’s financial results that drove the startling management shake-up at the search giant today. For the quarter, the… Read more »
Can a PlayStation phone save Sony*Ericsson (NSDQ: ERIC) from more decline? The handset maker today posted a Q4 profit of €8 million ($10.8… Read more »
People may be wondering: What will happen to Apple with Steve Jobs out of the day-to-day picture? and, Has Apple (NSDQ: AAPL) seen its best… Read more »
Lots of anticipation and speculation continue to surround Apple (NSDQ: AAPL) as the company gears up for its quarterly earnings later today.… Read more »
News International swung from a £31.7 million annual profit to a £73.3 million annual loss in the year to June 2010, according to statemen… Read more »
UK video game retailer Game Group says it must front up in social, mobile and online gaming, after it made 2.1 percent less money this Chris… Read more »
The Scottish online family tree operator which relieved ITV (LSE: ITV) of Friends Reunited in 2009 says its annual turnover was 23 percent u… Read more »
BlackBerry may seem to be losing mindshare right now, but that’s not being reflected in the numbers that handset maker RIM reported today. T… Read more »
Regional papers’ core classifieds income stream is in ongoing decline, and compounded by the state of national finances – so DMGT says its N… Read more »
DMGT’s consumer media profits bounced back by 46 percent over the last year – but, as with many companies lately, that’s mainly the benefit… Read more »
Despite a first half-year that was unchanged from 2009, Future’s income from digital rose 14 percent to £13.6 ($21.65) million in the year… Read more »
Spotify’s 2009 UK accounts appeared at Companies House on Friday. They’re largely irrelevant now – not just because they’re nearly 12 months… Read more »
If analysts on Warner Music Group’s Q4 earnings call were hoping for news of a Spotify deal, they got exactly what they wanted. Edgar Bronfm… Read more »
A mix of cheaper video games and higher subscription dollars at its kid-focused virtual world Club Penguin helped drive the Walt Disney (NYS… Read more »
Viacom (NYSE: VIA) is currently in talks with several buyers for game developer Harmonix, said Philippe Dauman, Viacom’s president and CEO,… Read more »
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