Media Stocks

How Much Disney Could Lose on ‘Lone Ranger’ Flop

A Disney executive says the company will lose as much as $190 million on its remake of "The Lone Ranger," which fell flat with summer audiences. More 

Henry Blodget Is Dead Wrong About Journalism

The Business Insider honcho loves to cherry-pick data to support his thesis, but strong results from The New York Times is no reason to sound the all-clear. In fact, we're seeing some dire warnings about the future of news-gathering. More 

Newsweek to Be Sold … Again

Newsweek has been purchased for an undisclosed amount by the owners of the International Business Times, its third sale in three years. More 

The Boston Globe Is Sold for a Song

The New York Times Company has agreed to sell the Boston Globe to the owner of the Boston Red Sox for $70 million, 93% less than it paid for the paper. More 

TWC Customers Miss Top Shows as CBS Blackout Continues

Time Warner Cable's blackout of CBS channels could continue for weeks as the companies wrangle of broadcast fees. More 

Sorry Google, People Don’t Want Local News

Google Now is adding a hyper-local news service -- a head-scratching decision considering countless similar ventures by other companies have failed. More 

Senate Bill Wants to Force a La Carte Cable Programming

U.S. Senators Richard Blumenthal and John McCain are backing a bill that would permit pay TV services to offer a la carte programming options. More