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 …
Read More »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 …
Read More »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 …
Read More »AT&T to Acquire Time Warner
AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal combines Time …
Read More »Carmike Cinemas Reports 2016 Second Quarter Operating Revenue of $204.7 Million
Carmike Cinemas, a leading entertainment, digital cinema, alternative content and 3-D motion picture exhibitor, today reported results for the three and six-month periods ended June 30, 2016, as summarized below. SUMMARY FINANCIAL DATA (unaudited) Three Months Ended June 30 Six Months Ended June 30 (in millions) 2016 2015 2016 2015 …
Read More »‘Twilight’ Studio Bought By Lionsgate
Lionsgate and Summit Entertainment today announced that Lionsgate has completed a transaction to acquire Summit for a combination of cash and stock valued at $412.5 million. The transaction unites two leading studios with powerful brands and complementary assets, solidifying Lionsgate’s position as the world’s largest and most diversified independent entertainment company. By …
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