Dish Asks for Review Halt and 4 Media Titans Making Waves
Netflix, Inc. (NASDAQ:NFLX): Current Price: $99.61
The company’s shares saw a jump of over 3 percent, as it crossed the $100 mark. Marketwatch has reported that the boost was a result of Janney Capital Markets upgrading the stock from Neutral to Buy.
Time Warner Cable Inc. (NYSE:TWC): Current Price: $100.34
Google continues a dispute with Time Warner Cable regarding gaining access to regional sports programming for its television subscription service for Kansas City. Earlier in the week, the Internet service company filed comments concerning program access rules with the Federal Communications Commission accusing Time Warner Cable of “leveraging its control … to impede” Google’s entry into the Kansas City area.
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Comcast Corporation (NASDAQ:CMCSA): Current Price: $40.01
Universal Pictures’ low-budget horror film “Mama” is will likely beat higher budget debuts from Lionsgate’s (NYSE:LGF) “The Last Stand” and Twentieth Century Fox’ (NASDAQ:NWSA) “Broken City” at the box office over the long Martin Luther King Day weekend, The Los Angeles Times reports, citing people those who have seen pre-release audience surveys.
Dish Network Corp. (NASDAQ:DISH): Current Price: $37.73
The FCC was requested by Dish Network to halt the regulatory-review “shot clock” because of Softbank’s intentions to purchase a 70 percent stake in Sprint (NYSE:S) for $20 billion, which may indicate that many issues are unresolved in the acquisition review, according to the Wall Street Journal. Dish has claimed that the proposed Sprint acquisition rest of the Clearwire (NASDAQ:CLWR) shares is “at best, unsettled”.
SIRIUS XM Radio Inc. (NASDAQ:SIRI): Current Price: $3.16
Last night, Liberty Media (NASDAQ:LMCA) revealed that it will purchase about 50 million more Sirius XM shares for $3.15, which brings the company’s stake in the satellite radio provider to about 2 billion shares, or about 50.5 percent.
Don’t Miss: Liberty Finally Takes Charge of Sirius XM.