Lisa's Feed
Feb 14, 2014

A romantic night awaits ‘House of Cards’ binge-watching couples

WASHINGTON/LOS ANGELES (Reuters) – On this Valentine’s Day, some couples will enter a committed relationship, but it might end up lasting a mere 13 hours.

That’s the time it would take to binge-watch the 13 episodes of the second season of “House of Cards,” the Emmy Award-winning political thriller from Netflix Inc released on the online streaming service on Friday.

Feb 12, 2014

CBS shares jump after earnings report, buyback plan

LOS ANGELES (Reuters) – CBS Corp (CBS.N: Quote, Profile, Research, Stock Buzz) reported higher profit that beat Wall Street forecasts for the quarter that ended in December, boosted by revenue from digital streaming deals and fees from pay television operators.

Shares of CBS jumped 4.3 percent to $64.50 in after-hours trading on Wednesday following the earnings report and the announcement of an accelerated share repurchase of $1.5 billion during the first quarter.

Feb 11, 2014

Analysis: Sponsorship dollars may follow gay NFL hopeful Sam

LOS ANGELES (Reuters) – NFL-hopeful Michael Sam’s disclosure that he is gay has propelled him into a media spotlight that is sure to grab the attention of football’s biggest corporate sponsors, which will embrace the college star so long as he excels on the field.

Sam, a standout defensive lineman at the University of Missouri, could become the NFL’s first openly gay player, testing both the sport’s boundaries and the attitudes of the companies that pay athletes millions of dollars to endorse their shoes, apparel and brands.

Feb 7, 2014

Backlash hits AOL CEO after ‘distressed babies’ remark

NEW YORK/LOS ANGELES, Feb 7 (Reuters) – AOL Inc
Chief Executive Tim Armstrong tried to tamp down a backlash
after he blamed a pension cut on costs stemming from two
employees’ “distressed babies,” insisting that the Internet
provider was focused on families.

Armstrong’s comments on Thursday during a company town hall
meeting about why it was cutting 401(k) contributions caused a
fire storm on social media, overshadowing positive quarterly
results from AOL. It marked the second recent instance when a
gaffe by Armstrong left the CEO with some explaining to do.

Feb 7, 2014

Backlash hits AOL CEO who linked pension cuts to ‘distressed babies’

NEW YORK/LOS ANGELES, Feb 7 (Reuters) – AOL Inc
Chief Executive Tim Armstrong tried to tamp down a backlash
after he linked a cut to pension benefits with rising insurance
costs due to two employees’ “distressed babies,” insisting that
the Internet provider was focused on families.

Armstrong’s comments on Thursday during a company town hall
about why it was cutting 401(k) contributions caused a fire
storm on social media overshadowing positive quarterly results
from AOL and marked the second recent instance when a gaffe by
Armstrong left the CEO with some explaining to do.

Feb 6, 2014

Amazon asks customers to pick from TV pilots for show development

LOS ANGELES, Feb 6 (Reuters) – Amazon.com Inc
released its second batch of TV pilots on Thursday and asked for
customer feedback to help determine which of the 10 shows to
develop into series for its video streaming service.

The company is investing in original content to attract
customers to its $79-a-year Amazon Prime service, which competes
for online viewers with services such as Netflix and
Hulu.com. Prime also includes free two-day shipping for Amazon
products.

Feb 6, 2014

Disney shares jump as film hit ‘Frozen’ heats up profit

LOS ANGELES (Reuters) – Media company Walt Disney Co reported higher profit for the quarter that ended in December, beating Wall Street expectations due to growth at sports network ESPN and the blockbuster performance of its animated hit film “Frozen.”

Disney shares jumped 3.9 percent in after-hours trading on Wednesday to $74.52, up from their earlier $71.76 close on the New York Stock Exchange.

Feb 5, 2014

CBS wins bid to air eight Thursday night NFL football games

LOS ANGELES (Reuters) – The CBS television network won a bidding war to air eight Thursday night National Football League games during the 2014 season, giving it one of the most highly prized programs on a night coveted by TV advertisers.

CBS and the NFL announced the deal on Wednesday.

CBS, which competed against the NBC and Fox networks, ESPN and Turner Broadcasting System, had been considered a long shot at the outset of the bidding because of its strong Thursday night lineup, which includes TV’s leading comedy “The Big Bang Theory,” and ratings mainstay “Two and A Half Men.”

Feb 5, 2014

CBS wins bid to televise 8 Thursday night NFL football games

LOS ANGELES (Reuters) – The CBS television network won a bidding war to air eight Thursday night National Football League games during the 2014 season, giving CBS one of TV’s most highly prized programs on the night generally most coveted by advertisers.

CBS and the NFL announced the deal on Wednesday.

CBS, which competed against the NBC and Fox networks, ESPN and Turner Broadcasting System, had been considered a long shot at the outset of the bidding because of its strong Thursday night lineup, which includes TV’s leading comedy “The Big Bang Theory,” and ratings mainstay “Two and A Half Men.”

Feb 4, 2014

Hit movies expected to boost Disney quarterly results

LOS ANGELES (Reuters) – Wall Street expects two new princesses and a muscular Marvel superhero to help lift Walt Disney Co’s quarterly results, as the company reaps the benefits of strong performances from film sequel “Thor: The Dark World” and animated musical mega-hit “Frozen.”

On Wednesday, the media and theme park operator is forecast to report $1.6 billion in net income for the December quarter, a 14 percent gain from a year earlier, according to the average estimate of analysts polled by Thomson Reuters I/B/E/S. They expect earnings of 91 cents a share.