Time Warner Inc.(TWX)- NYSE
  • Wed, Aug. 3, 7:14 AM
    • Time Warner (NYSE:TWX) declares $0.4025/share quarterly dividend, in line with previous.
    • Forward yield 2.12%
    • Payable Sept. 15; for shareholders of record Aug. 31; ex-div Aug. 29.
    | Wed, Aug. 3, 7:14 AM | 2 Comments
  • Wed, Aug. 3, 7:02 AM
    • Time Warner (NYSE:TWX): Q2 EPS of $1.29 beats by $0.13.
    • Revenue of $6.95B (-5.4% Y/Y) misses by $100M.
    • Shares +1.61% PM.
    • Press Release
    | Wed, Aug. 3, 7:02 AM | 4 Comments
  • Tue, Aug. 2, 7:58 PM
    • Unsurprisingly, CNN took the week in cable ratings as the political-convention world shifted from the Republicans to the Democrats.
    • CNN (TWX -1.2%) led cable nets in prime-time viewing with an average 3.21M viewers, besting Fox News (FOX -0.4%, FOXA +0.3%) and its 2.5M, and MSNBC (CMCSA -1%) with 2.38M. CNN's hours took the top nine individual cable ranks and it had seven slots of the top 20 among all networks.
    • Last week, it was Fox News that took the top spot with the tailwinds of the GOP convention. That network averaged 4.1M viewers in prime time.
    • NBC led broadcast networks with 4.7M viewers, paced by America's Got Talent (two showings of which topped individual programs). No. 2 was CBS (CBS -0.4%), with 4.3M viewers, ahead of ABC (DIS -0.6%) with 4M.
    | Tue, Aug. 2, 7:58 PM | 38 Comments
  • Tue, Aug. 2, 5:30 PM
  • Fri, Jul. 29, 3:59 PM
    • The six major networks had a combined 27.8M TV viewers watching Hillary Clinton's acceptance speech for the Democratic presidential nomination last night, Nielsen says -- a bit less than the 30M who watched Donald Trump receive the GOP nomination a week ago.
    • The Republican finale prevailed in a seven-network view, 34.9M viewers to 33.3M.
    • NBC (NASDAQ:CMCSA) led broadcast networks with with 4.52M viewers in the 10 p.m. hour, but it was trumped by overall leader CNN (NYSE:TWX) with 7.51M viewers, and by MSNBC, with 5.27M.
    • Fox News (FOX, FOXA), a reliable leader for GOP coverage, was third among cable networks with 3.03M viewers.
    • The Democratic convention averaged higher ratings over the length of the gathering, however, in comparison to the Republican convention.
    • Previously: YouTube releases live-stream viewer numbers for party conventions (Jul. 29 2016)
    | Fri, Jul. 29, 3:59 PM | 23 Comments
  • Tue, Jul. 26, 6:02 PM
    • Fox News (FOX -0.2%, FOXA -0.4%) made hay during the Republican National Convention, topping cable ratings even amid the fallout of the departure of its leader Roger Ailes.
    • The network benefited from placing eight programs focused on the convention in the week's top 20. Ratings were so good it also outpaced broadcast networks except for NBC.
    • Fox News averaged 4.1M viewers to NBC's 5.1M. CNN (TWX -0.3%) was second in cable, averaging 2.4M viewers.
    • CBS averaged 4.0M in prime-time; ABC (DIS -0.7%) 3.8M; and CNN just ahead of Fox broadcast at 2.2M. NBC (CMCSA -0.4%) had the top two overall programs with showings of America's Got Talent, followed closely by a pair of Fox News broadcasts of Donald Trump's nomination acceptance.
    | Tue, Jul. 26, 6:02 PM | 40 Comments
  • Mon, Jul. 25, 12:14 PM
    • Star Trek Beyond topped the box office, providing a nice score for Paramount (VIA +0.5%, VIAB) in a week where five films shared a weekend take that was up 29% Y/Y.
    • The latest Star Trek film showed a decline from the last entry (Star Trek Into Darkness) but logged $59.6M for a easy first place, outgrossing the $29.3M The Secret Life of Pets (CMCSA, in its third week) and the $21.6M scared up by Ghostbusters (SNE -2%).
    • Two other debuts hit the $20M mark: Horror-thriller Lights Out (TWX +0.3%) drew $21.6M, and Ice Age: Collision Course (FOX -0.4%, FOXA -0.3%) a worse-than-expected $21M.
    • The Secret Life of Pets fell off 42% but brought its cumulative take to over $260M. Meanwhile, Finding Dory (DIS -0.2%) was sixth with $7.2M over the weekend, but brought its six-week take to $460.2M.
    | Mon, Jul. 25, 12:14 PM | 4 Comments
  • Fri, Jul. 22, 10:18 PM
    • Videogame spending fell 26% Y/Y in June, facing tough comparisons against strong launches in 2015 and with hardware making up most of the decline, according to NPD Group data.
    • Overall spending was $652.2M. Videogame hardware spending came to $181.5M -- down 42% as unit sales fell 32% and prices on average dropped 15%, the firm said.
    • NPD Group has begun adjusting its report to include point-of-sale info for digital game sales made via PlayStation Network, Xbox Store and Steam, to reflect a fast-growing portion of industry revenues. That means for now that Nintendo sales and mobile sales, as well as other PC stores like EA's Origin, are missing and not projected.
    • In software, both videogame and PC game software fell 20%, though last June featured strong launches like Batman: Arkham Knight. Overall sales (now including digital formats) came to $322M for consoles/portable and $27.8M for PC games including Steam.
    • Accessories fell 6%, and interactive gaming toys (the lead accessory type) fell by 21%, mitigated somewhat by a 6% growth in headsets/headphones.
    • In individual games (now ranked by dollar sales), despite the tough comps May launches had a good second month. Overwatch (NASDAQ:ATVI) continued to top the chart, followed by Grand Theft Auto V (NASDAQ:TTWO) and Lego Star Wars: The Force Awakens (NYSE:TWX). The inclusion of digital full-game sales gave GTA V a new boost.
    • PlayStation 4 (NYSE:SNE) again was the top-selling console, over Xbox One (NASDAQ:MSFT) and Wii U (OTCPK:NTDOY).
    | Fri, Jul. 22, 10:18 PM | 39 Comments
  • Thu, Jul. 21, 3:27 AM
    • From Pokemon onesies to Disney frocks, comic and film fans are getting their costumes primed for their annual pilgrimage to Comic-Con, which opens today in San Diego.
    • The event has evolved in recent years into a showcase for Hollywood studios, which are clamoring for the attention of an army of nerds expected to exceed 130K.
    • Virtual reality will also have a big presence: FX Networks (FOX, FOXA) is promoting American Horror Story with a VR experience and Warner Bros. (NYSE:TWX) has similar plans for Suicide Squad.
    | Thu, Jul. 21, 3:27 AM
  • Mon, Jul. 18, 12:41 PM
    • Like it or not the huge success of Pokémon Go is likely to unleash a huge pop in mobile games designed around augmented reality.
    • There is already an online petition asking for a similar Harry Potter Go game to be designed and many more mainstream characters are sure to start showing up in games linked to the cameras on smartphones and tablets.
    • Companies stocked with an arsenal of appealing characters that could be brought into augmented reality games include Disney (NYSE:DIS), Time Warner (NYSE:TWX), Mattel (NASDAQ:MAT), and Hasbro (NASDAQ:HAS). Movie studios (LGF, SNE, VIA, VIAB) could also benefit as AR games tied around plot lines from old movies are developed (The Godfather, Star Wars, Blade Runner, Hunger Games, etc.) and used to promote new features.
    • Many retailers and restaurant chains have already been active in trying to latch on to the Pokémon Go buzz (see What's McDonald's doing inside the Pokémon code?), while GameStop (NYSE:GME) thinks it has an angle on the collectibles and accessories side. As the retail sector works out the science of in-game marketing opportunities, even more opportunities could arise.
    • Technology firms with a stake in augmented reality include Google (GOOGL, GOOG) , Himax (NASDAQ:HIMX), Nvidia (NASDAQ:NVDA), and Intel (NASDAQ:INTC).
    • Nintendo ADRs (OTCPK:NTDOY) are up 8.6% today and have doubled in value during the week following Pokémon Go's introduction.
    | Mon, Jul. 18, 12:41 PM | 55 Comments
  • Thu, Jul. 14, 4:43 PM
    • HBO (TWX +0.9%) again racked up Emmy nominations, outpacing FX (FOX +0.7%, FOXA +0.7%) by 38 nods for the 68th annual Awards.
    • HBO took 94 nominations, and its lead series Game of Thrones logged 23 nominations. FX was paced by The People Vs. O.J. Simpson: American Crime Story, which drew 22 nominations.
    • Meanwhile, Netflix's 54 nominations (up 59% Y/Y) fell just short of FX's 56, and both those networks along with HBO out-nominated the major broadcast networks: NBC (CMCSA +0.3%), ABC (DIS +0.1%), CBS (CBS +0.7%) and Fox were Nos. 4-7 with 41, 35, 35 and 29 nominations respectively.
    • Amazon.com Prime Video (AMZN -0.2%) drew 16 nominations, up from 12 a year ago, but Hulu (DIS, CMCSA, FOX, FOXA) was shut out.
    | Thu, Jul. 14, 4:43 PM | 4 Comments
  • Wed, Jul. 13, 12:30 PM
  • Tue, Jul. 12, 7:14 PM
    • Fox News (FOX, FOXA) kept up its streak by topping cable prime-time ratings for the fifth straight week.
    • The network averaged 2.4M viewers for the week, ahead of HGTV (NASDAQ:SNI) with 1.6M viewers and USA Network (NASDAQ:CMCSA) with 1.3M.
    • Fox News prevailed on a 24-hour basis as well, ahead of children's-programming stalwarts Nickelodeon (VIA, VIAB), Disney Channel (NYSE:DIS), and Cartoon Network/Adult Swim (NYSE:TWX).
    • The O'Reilly Factor and The Kelly File gave Fox its boost again this week, with broadcasts of those two programs taking up six of the top 10 individual program ratings slots.
    | Tue, Jul. 12, 7:14 PM | 34 Comments
  • Tue, Jul. 12, 10:13 AM
    • Warner Bros. (TWX -0.4%) has settled a complaint at the Federal Trade Commission over charges of deceptive marketing of its videogames.
    • The FTC had charged the company with deceptive advertising tied to its game Middle-earth: Shadow of Mordor via payments to "influencers," including online celebrity PewDiePie. The company paid thousands of dollars to place positive reviews of the game without sufficient disclosure of the payments, the agency said.
    • Those sponsored reviews were seen millions of times and promoted on social media, the FTC said. it voted unanimously to accept the settlement with Warner Bros., which isn't currently facing a civil penalty but could if it violates an agreement with the FTC.
    | Tue, Jul. 12, 10:13 AM
  • Mon, Jul. 11, 11:05 AM
    • Viacom (VIA -2.7%, VIAB -2.2%) is lower today as Wells Fargo downgrades it to Underperform after a fresh look at earnings models in its Media and Telecom sector.
    • Domestic advertising is healthy, Marci Ryvicker and team write, but Viacom's networks aren't joining in the gains. CBS (CBS +0.4%) and Time Warner (TWX +0.5%) are "fine," with estimates left as is, but "when it comes to VIAB, we can't put this lightly -- we significantly cut numbers," saying estimates for domestic affiliate fee growth went to negative $30M from the previous $39M in gains.
    • "We know this is currently trading on corporate governance 'events,' but we don't see how anyone can come in and successfully turn this company around over the next 12 months," Wells says. "It has fallen too far too fast, in our opinion, esp. in cable nets (which have LT contracts)."
    • On average, the analysts expect 5% affiliate fee revenue growth; ESPN (DIS +0.3%) could be mid-single digits ("due to easy comps") and high single digits for everyone else except Viacom, for which it expects a bit decline.
    | Mon, Jul. 11, 11:05 AM | 1 Comment
  • Mon, Jul. 11, 9:32 AM
    • Mattel (NASDAQ:MAT) and DC Comics are partnering together on a six-book comic story arc that could have big implications, according to Bloomberg's Matt Townsend.
    • The crossover will see He-Man and the Masters of the Universe join the ThunderCats world. The first issue is due in October.
    • DC Comics is a publishing unit of DC Entertainment which is owned by Warner Brothers (NYSE:TWX).
    • DC Comics blog post
    | Mon, Jul. 11, 9:32 AM | 11 Comments
Company Description
Time Warner, Inc. is a media and entertainment company. It operates through three segments: Turner, Home Box office and Warner Bros. The Turner segment consisting principally of cable networks and digital media properties. The Home Box Office segment principally consisting of premium pay... More
Sector: Services
Industry: Entertainment - Diversified
Country: United States