Madison Square Garden Updates Potential Spinoff Plans
Expects to separate into two entertainment and sports companies in Q1 2020
Stocks/Earnings
Altice USA Shares Fall Hard
Stock drops 22% in early trading Wednesday after disappointing Q4 guidance
Broadband Drives Comcast Q3
High speed data additions of 379K were best Q3 performance in a decade, company says
Netflix Shares Dip in Wake of Verizon-Disney+ Promotion
SVOD pioneer’s stock falls 4% after Verizon says will offer free year of streaming service to customers
Netflix Stock Down After Hastings Acknowledges Competition
Tells industry audience that Disney+, Apple TV Plus will create ‘new world’
TEGNA Stock Dips After Apollo Offer Revealed
Broadcaster rebuffed advances, but could be in play
CBS, Viacom Shares Plunge in Overall Market Sell-Off
Both stocks down more than 8% as Dow sinks 800 points
Q2 Video Subscriber Losses Double at Charter
Broadband growth flat but wireless additions outpace expectations
Dish Shares Plunge as T-Mobile-Sprint Details Trickle Out
Stock down 6% as reports say satellite carrier to pay $5B for wireless assets
Comcast’s Q2 Video Sub Losses Increase, As Wireless, Broadband Take Up Slack
Customer relationships rise 152K on 181K gain in wireless customers
E.W. Scripps to Launch $400M Private Placement Offering
Proceeds would be used to fund purchase of eight Nexstar stations
Sprint Stock Falls as States Attorneys General Move to Block T-Mobile Merger
AGs from nine states and the District of Columbia say merger will drive up prices
Dish Blackout Drives Down Univision Q1
Revenue dips 8.2% as nine-month blackout pressures ad sales, affiliate fees
Cable Counters Broadcast Revenue Decline at Disney in Fiscal Q2
Cable revenue rises 2% in the quarter, erasing 2% deficit at broadcast unit
Retrans Helps Drive Record Q1 for Broadcaster Nexstar
Retransmission consent fees rise 14%, beating analyst estimates
Revenue Up, Profits Down in Q1 at Sinclair
Revenue rises 8.5%, but tougher comps meant lower profits in period
