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The business of pop culture

The Walt Disney Company Reports Fourth Quarter and Full Year Earnings for Fiscal 2016

The Walt Disney Company (NYSE: DIS) today reported earnings for its fourth quarter and fiscal year ended October 1, 2016. Diluted earnings per share (EPS) for the fourth quarter increased 16% to $1.10 from $0.95 in the prior-year quarter. Excluding certain items affecting comparability(1), EPS for the quarter decreased 8% to …

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21st Century Fox Earnings Release for the Quarter Ended September 30, 2016

Twenty-First Century Fox, Inc. (“21st Century Fox” or the “Company” — NASDAQ: FOXA, FOX) today reported financial results for the three months ended September 30, 2016. The Company reported quarterly income from continuing operations attributable to stockholders of $827 million ($0.44 per share), as compared to $678 million ($0.34 per …

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Electronic Arts Reports Q2 FY17 Financial Results

Electronic Arts Inc. (NASDAQ:EA) announced preliminary financial results for its second fiscal quarter ended September 30, 2016. “Q2 was an excellent quarter for Electronic Arts, led by breakthrough new EA SPORTS titles engaging players across console and mobile,” said Chief Executive Officer Andrew Wilson. “We are in an outstanding position …

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ime Warner Inc. Reports Third-Quarter 2016 Results

Time Warner Inc. (NYSE:TWX) reported financial results for its third quarter ended September 30, 2016. Chairman and Chief Executive Officer Jeff Bewkes said: “We had a strong third quarter, which keeps us on track to exceed our original 2016 outlook and underscores our leadership in creating and distributing the very best …

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Comcast Reports 3rd Quarter 2016 Results

Comcast Corporation (NASDAQ: CMCSA) reported results for the quarter ended September 30, 2016. Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, “I’m pleased to report that our businesses generated double-digit revenue and operating cash flow growth for the third quarter of 2016. Cable delivered solid operating …

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National Amusements Proposes Combination of CBS and Viacom

National Amusements, Inc., the owner of a majority of CBS and Viacom’s voting stock, today announced that it has asked the boards of CBS and Viacom to consider a potential combination of the companies. A copy of the text of the letter transmitted today to the respective boards is set forth …

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“CBS All Access” Rolls Out Commercial-Free Option For Subscribers

CBS Corporation today announced the launch of a commercial-free plan for the CBS All Access subscription service. In addition to the existing subscription offering of $5.99/month, subscribers now have the option to watch CBS All Access’s on-demand content commercial-free for $9.99/month. “The foundation of CBS All Access is not only about giving CBS fans access to more of …

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Stacey Snider to Assume Leadership of Twentieth Century Fox Film on September 1, 2016

21st Century Fox announced that it will complete its previously announced leadership succession at Twentieth Century Fox Film on September 1, 2016 when Stacey Snider assumes the role of Chairman and CEO. Longtime executive Jim Gianopulos, the Chairman and CEO of 20th Century Fox Film, has chosen to step down …

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Universal Filmed Entertainment Group Announces Structure and Leadership Team for DreamWorks Animation Business

Following the closing of NBCUniversal’s acquisition of DreamWorks Animation (DWA), Universal Filmed Entertainment Group today announced its new structure and senior management team for DWA business segments. “The DreamWorks Animation brand brings with it a cachet that few family entertainment companies can match,” commented Ron Meyer, Vice Chairman, NBCUniversal, Jeff …

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