Liana's Feed
Mar 3, 2011

Media companies ready themselves for tough NFL break

NEW YORK, March 2 (Reuters) – Media companies are bracing
for a big revenue hit from a possible lockout by the National
Football League but hold out hope that college football and
other prime-time shows could pick up the slack for lost
advertising dollars.

Team owners are currently in collective bargaining
negotiations with the NFL Players Association over salary caps
and a range of related issues to replace a contract that
expires at midnight on Thursday. It could potentially shut down
the NFL for some or all of the 2011 season.

Mar 2, 2011

TiVo losses deepen in fourth quarter

NEW YORK (Reuters) – Digital video recorder maker TiVo Inc (TIVO.O: Quote, Profile, Research, Stock Buzz) reported a wider quarterly loss as its expenses rose and it forecast a rise in research and development costs.

For the first quarter of 2012, the company said its net loss would be in the $35 million to $37 million range.

Feb 28, 2011
via MediaFile

Zynga plots its mobile stategy

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Zynga wants to get into your pocket. As the  publisher of games like, “Word with Friends,” a Scrabble-clone popular on Apple devices and since February, on Android platforms, Zynga, known as the top games publisher on Facebook, is likely trying to reduce its reliance of Mark Zuckerberg and co’s platform.

“You should play and you should pay,” says David Ko, the former Yahoo executive who moved to Zynga in November to spearhead its mobile push.

Feb 25, 2011
via MediaFile

News Corp aims big with tiny games publishing house

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Is Rupert Murdoch coming for Zynga? On Friday, Murdoch’s media conglomerate News Corp said it wants to recruit developers for its social game publishing division called “Making Fun.”

To be sure, Making Fun is no Zynga. It is a tiny company that was acquired quietly in November by News Corp according to the LA Times.  Making Fun’s bare bone website  has a lofty vision–to finance and publish games across  platforms like smartphones, tablets, social networks and Internet TVs.  Under News Corp, three publishing deals have been struck –it is unclear with whom because they failed to put in the release —  and the first games will land this summer.

Feb 24, 2011

Dish Network loses subscribers, shares down

NEW YORK (Reuters) – Satellite television provider Dish Network Corp’s posted deeper-than-expected subscriber losses for the fourth quarter as many customers canceled service after a dispute with Fox Network in October blacked out sports programs.

The second-largest U.S. satellite TV provider lost 156,000 subscribers in the quarter. Barclays analyst James Ratcliffe had expected Dish to lose 10,000 subscribers.

Feb 17, 2011

Intuit raises earnings forecast, shares rise

NEW YORK, Feb 17 (Reuters) – Intuit Inc (INTU.O: Quote, Profile, Research, Stock Buzz), the maker
of TurboTax and QuickBooks accounting software, reported a
profit that beat Wall Street expectations and raised its
quarterly earnings forecast, sending its shares up 2 percent.

The company estimated third-quarter adjusted earnings of
$2.22 to $2.30 per share. The high end of that range is above
the $2.24 per share analysts were expecting.

Feb 16, 2011

Analysis: Investors tired of waiting for Kodak to develop

NEW YORK (Reuters) – Its name was once synonymous with home photography. Now, Eastman Kodak is struggling just to stay in the picture.

The American icon, which coined the once-ubiquitous “it’s a Kodak moment” catch phrase, has labored for years to convince Wall Street it can turn a profit as it shifts toward digital technology and away from its ailing film business.

Feb 16, 2011

Investors tired of waiting for Kodak to develop

NEW YORK, Feb 16 (Reuters) – Its name was once synonymous
with home photography. Now, Eastman Kodak (EK.N: Quote, Profile, Research) is struggling
just to stay in the picture.

The American icon, which coined the once-ubiquitous “it’s a
Kodak moment” catch phrase, has labored for years to convince
Wall Street it can turn a profit as it shifts toward digital
technology and away from its ailing film business.

Feb 15, 2011

Sirius XM’s revenue outlook falls short

NEW YORK (Reuters) – Sirius XM Radio Inc, home to programs by Howard Stern and NFL football, reported a net loss for the fourth quarter and forecast weaker-than-expected revenue for next year, sending its shares down 5.5 percent.

The satellite radio company expects full-year revenue to be about $3 billion, which falls short of Wall Street’s expectations of full-year revenue of $3.02 billion to $3.1 billion.

Feb 15, 2011

Sirius XM’s revenue outlook falls short, shares down

NEW YORK, Feb 15 (Reuters) – Sirius XM Radio Inc (SIRI.O: Quote, Profile, Research, Stock Buzz),
home to programs by Howard Stern and NFL football, reported a
net loss for the fourth quarter and forecast
weaker-than-expected revenue for next year, sending its shares
down 5.5 percent.

The satellite radio company expects full-year revenue to be
about $3 billion, which falls short of Wall Street’s
expectations of full-year revenue of $3.02 billion to $3.1
billion.