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Business
– In spite of CNN making $600 million this year and an expected $1 billion by 2017, Turner Broadcasting announced it would...
Business
Nelson Peltz seems to have the Midas touch. When he buys a stake in a company, the shares tend to rise. He is an...
Money
Nelson Peltz, manager of Trian Fund Management, trimmed some dead weight from his portfolio and exited his position in GNC Holdings (GNC) in 2Q....
Business
MailOnline, the website of British tabloid Daily Mail, is the most-visited newspaper site in the English-speaking world, according to ComScore, and it is the...
Business
– Among the most dramatic summer romances among media companies is Rupert Murdoch’s insatiable appetite to acquire Time Warner. He even sold off some...
Entertainment
– Last week, “Daily Show” star Jon Stewart announced he was starting a $10 billion Kickstarter campaign aimed at buying CNN from Time Warner,...
Business
– Activist investor Nelson Peltz has won the support of the California State Teachers’ Retirement System, one of the largest pension funds in the...
Business
– Rupert Murdoch owns everything, but he can’t have CNN. – CBS Corp Chief Executive Officer Leslie Moonves said last week his company...
Business
– Two huge deals are expected to come out Comcast’s $45-billion acquisition of Time Warner Cable, and AT&T’s $48.5 billion takeover of DirecTV. –...
Business
– / by David Adelman and Alex Hillsberg/ In 2005, Rupert Murdoch, a veteran business mogul with a solid reputation in creating empires out of companies was...