3 Media Stocks in Focus: Time Warner Cable’s Reassurance, Comcast’s Movie Sales, Disney Princesses Go Digital
Time Warner Cable (NYSE:TWC): Time Warner Cable CFO Arthur Minson assured that shareholders’ needs would be put above all else in the event that Charter Communications makes an effort to acquire Time Warner Cable while speaking at a Morgan Stanley conference in Barcelona. Reuters reported earlier this year the Charter was contemplating making a bid for the company before the year’s end.
Comcast Corp. (NASDAQ:CMCSA): Comcast has starting selling movies via television and the Web less than a week after reports surfaced that the cable giant was contemplating the introduction of such a market. Recent and older titles for TV shows and movies are available, and in some cases, Comcast is making movies available ahead of their DVD debuts.
Walt Disney Co. (NYSE:DIS): Disney Infinity, a video game featuring characters from some of the company’s most popular franchises, will be receiving some additional characters in its latest update. Being introduced are Rapunzel, Anna, and Elsa, three Disney princesses. The move is expected to generate additional interest in the game, with princesses being some of the most highly requested characters. In addition, introducing Anna and Elsa at this time should boost interest in Disney’s upcoming movie, Frozen.
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