Merger talk lifts media stocks

Rupert Murdoch's interest in Time Warner is giving a bit of a boost to other content-heavy media companies.

The combination of content-heavy studios with powerful media distribution firms has been a hot topic over the last week.

CBS (CBS +1.9%) is out-performing with speculation picking up that it will make a nice fit for a tech giant someday.

Other gainers: Lions Gate (NYSE:LGF) +6.2%, Discovery Communications (NASDAQ:DISCA) +4.5%, Viacom (VIA, VIAB) +5.1%, AMC Networks (NASDAQ:AMCX) +3.5%.

Related: Content owners smile with tech heavyweights in the house, Time Warner-21st Century Fox timeline.

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Comments (2)
  • deercreekvols
    , contributor
    Comments (9487) | Send Message
    LGF streaming partnership with Alibaba is very interesting. Surprised Yahoo's CEO didn't try to take 28% of the credit for it. (sarcasm intended)
    16 Jul 2014, 10:58 AM Reply Like
  • DavidHart
    , contributor
    Comments (41) | Send Message
    It just goes to prove that $LGF consistently outperforms competitors in the area of distribution. Of course, it's important for $LGF to continue focus on producing quality and popular content to feed the distribution system. But this move should enhance the ability to unlock additional revenue from existing and future content.
    16 Jul 2014, 11:11 AM Reply Like
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