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Disney, Verizon Reach A Broad-Based Distribution Agreement
Monday, December 31, 2018 - 10:18am | 373Verizon Communications Inc. (NYSE: VZ) and Walt Disney Co (NYSE: DIS) over the weekend announced a "broad-based distribution agreement" that puts an end to a programming fee dispute. What Happened Verizon and Disney reached an agreement that puts an end to months of talks to keep Disney...
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Macquarie's New Telecom Top Pick? Frontier Communications
Thursday, September 3, 2015 - 11:13am | 264In a report published Thursday, Macquarie Capital analyst Kevin Smithen named Frontier Communications Corp (NASDAQ: FTR) his new top idea through year-end following the company's 8k release on Wednesday. Smithen noted that Frontier Communications' 8k release with its second-quarter...
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Why Is ESPN Suing Verizon?
Monday, April 27, 2015 - 12:32pm | 287ESPN --a subsidiary by Walt Disney Co (NYSE: DIS) -- on Monday announced it has sued Verizon Communications Inc. (NYSE: VZ) over what it claims to be a breach of contract stemming from Verizon's new custom cable plan. Verizon is now allowing its FiOS customers to choose a smaller TV bundle, while...
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Morgan Stanley Previews Verizon Communications Q4, Expects Below Consensus Results Amid Competitive Environment
Wednesday, January 14, 2015 - 4:28pm | 306Verizon Communications Inc. (NYSE: VZ) is scheduled to report its fourth quarter results on January 22, before market open. Simon Flannery of Morgan Stanley is projecting the company will earn $0.69 per share in the quarter, below the consensus estimate of $0.75. The analyst expects revenue to...
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Netflix: Verizon FIOS Ranks No. 1 In USA ISP Speed Index
Monday, January 12, 2015 - 9:04am | 132Netflix, Inc. (NASDAQ: NFLX) on Monday released details of its December Netflix ISP Speed Index, a monthly update on which Internet Service Providers provide the best prime-time Netflix streaming experience. December is historically Netflix's busiest month, with December 28 being the busiest...
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Verizon Moving Quickly Into Over-The-Top
Thursday, March 6, 2014 - 3:57pm | 539Over-the-top online, web-based television is on. At least it is at Verizon (NYSE: VZ) after CEO, Lowell McAdam said Tuesday at the Morgan Stanley Technology, Media & Telecom Conference that the company was in talks with major content providers to provide an online TV service. Without...
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How Verizon Might Utilize Intel's On Cue
Thursday, January 23, 2014 - 4:28pm | 599Verizon (NYSE: VZ) hopes to pull off what Intel (NASDAQ: INTC) could not – streaming live and delayed television, along with DVR, all in one service. Verizon bought out Intel’s internal Media team and its On Cue pay-tv service, which it said it initially planned to integrate with its in-house...
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Verizon Could Announce OnCue Deal This Week, Say Sources
Monday, December 16, 2013 - 10:42am | 595Recent industry chatter about the possibility of streaming only cable may have been more than idle chatter. Sources told Bloomberg Friday that Verizon Communications (NYSE: VZ) was close to a deal with Intel (NASDAQ: INTC) to buy its OnCue Internet based pay-tv service. According to Bloomberg’s...
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'Streaming Only Cable Service is Coming,' Say Experts
Thursday, December 12, 2013 - 10:37am | 581Speculation about so-called over-the-top or streaming cable via the Internet has been around for years. According to some TV-industry experts, it may be about to happen – as early as in 2014. Viacom (NASDAQ: VIA) CEO Philippe Dauman started the ball rolling at the UBS media conference in New...
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Merger Speculation Increases For Both Dish And Charter Following Losses (CHTR, DISH)
Wednesday, August 7, 2013 - 1:06pm | 581Nothing ramps up merger speculation faster than a poor quarter. Dish Network (NYSE: DISH) and Charter Communications (NASDAQ: CHTR) both reported second-quarter losses Tuesday which Bloomberg said resulted in renewed Wall Street chatter about possible mergers in both companies’ futures. In both...
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Google Preparing For Entry Into Online Television (GOOG)
Wednesday, July 17, 2013 - 12:06pm | 775According to a report in The Wall Street Journal on Tuesday, Google (NASDAQ: GOOG) is getting ready to put its considerable financial weight behind an Over The Top (OTT) television programing service. OTT refers to broadcast on-demand television content delivered on “top” of existing broadband...
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UPDATE: Wunderlich Reiterates Buy, Lowers PT to $20 on Cablevision
Friday, December 16, 2011 - 12:17pm | 130Wunderlich Securities maintains its Buy rating on Cablevision (NYSE: CVC) as the company's COO, Tom Rutledge, announces departure. Wunderlich comments, "After the close yesterday, Buy-rated Cablevision (CVC) announced that rock star COO Tom Rutledge, 58, is resigning with a search now in process...