Jennifer's Feed
Apr 15, 2013

Dish moves to rule mobile video, upend competition

April 15 (Reuters) – Dish Network Corp’s offer for
Sprint Nextel Corp holds the promise of upending U.S.
mobile video services, further stoking the deal frenzy among
telecommunication companies and pay-TV providers.

Charlie Ergen, the colorful chairman of Dish who
orchestrated the surprise counter-bid on Monday, said that by
marrying the No. 2 satellite TV carrier with the No. 3 mobile
services provider, the combined company would be able to offer
consumers more.

Apr 5, 2013

Exclusive: Former News Corp President Chernin bids $500 million for Hulu

LOS ANGELES/NEW YORK (Reuters) – Former News Corp president Peter Chernin bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu’s sale process.

The website, jointly controlled by News Corp and Walt Disney Co, reached out to potential buyers in March after initially contemplating a deal in which one would buy out the other. It is not clear whether that transaction is still being contemplated.

Apr 5, 2013

Former News Corp President Chernin bids $500 mln for Hulu

LOS ANGELES/NEW YORK, April 5 (Reuters) – Former News Corp
president Peter Chernin bid around $500 million for Hulu, the
online video streaming service he helped create in 2007,
according to two sources with knowledge of Hulu’s sale process.

The website, jointly controlled by News Corp and
Walt Disney Co, reached out to potential buyers in March
after initially contemplating a deal in which one would buy out
the other. It is not clear whether that transaction is still
being contemplated.

Mar 27, 2013

Flipboard launches new edition, lets readers create magazines

By Jennifer Saba

(Reuters) – Social magazine app Flipboard launched on Tuesday one of its biggest overhauls to date allowing readers to create and share their own magazines in a bid to keep growing in popularity.

The app is letting readers customize their own content around topics, events, and personal interests that can be shared with others.

Mar 26, 2013

Exclusive: Hulu board contacts possible buyers of video streaming site – sources

LOS ANGELES/NEW YORK (Reuters) – Hulu’s board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O: Quote, Profile, Research, Stock Buzz) and Walt Disney (DIS.N: Quote, Profile, Research, Stock Buzz) weigh what to do with their interests in the five-year-old company.

The board sounded out several possible buyers as part of an internal strategic review begun recently, but it has not received a formal offer, one of the sources said on Monday, speaking on condition of anonymity because the discussions were private. It was unclear how many parties Hulu had contacted.

Mar 25, 2013

Hulu board contacts possible buyers of video streaming site -sources

LOS ANGELES/NEW YORK, March 25 (Reuters) – Hulu’s board has
approached potential buyers to gauge their interest in buying
the online video service, three sources close to the company
told Reuters, as owners News Corp and Walt Disney
weigh what to do with their interests in the
five-year-old company.

The board sounded out several possible buyers as part of an
internal strategic review begun recently, but it has not
received a formal offer, one of the sources said on Monday,
speaking on condition of anonymity because the discussions were
private. It was unclear how many parties Hulu had contacted.

Mar 25, 2013

Exclusive: Hulu’s board has reached out to potential buyers to gauge interest

LOS ANGELES/NEW YORK (Reuters) – Hulu’s board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O: Quote, Profile, Research, Stock Buzz) and Walt Disney (DIS.N: Quote, Profile, Research, Stock Buzz) weigh what to do with their interests in the five-year-old company.

The board sounded out several possible buyers as part of an internal strategic review begun recently, but it has not received a formal offer, one of the sources said on Monday, speaking on condition of anonymity because the discussions were private. It was unclear how many parties Hulu had contacted.

Mar 25, 2013

Hulu’s board has reached out to potential buyers to gauge interest

LOS ANGELES/NEW YORK (Reuters) – Hulu’s board has approached potential buyers to gauge their interest in buying the online video service, three sources close to the company told Reuters, as owners News Corp (NWSA.O: Quote, Profile, Research) and Walt Disney (DIS.N: Quote, Profile, Research) weigh what to do with their interests in the five-year-old company.

The board sounded out several possible buyers as part of an internal strategic review begun recently, but it has not received a formal offer, one of the sources said on Monday, speaking on condition of anonymity because the discussions were private. It was unclear how many parties Hulu had contacted.

Mar 25, 2013

US regulators OK Nasdaq compensation for Facebook IPO

March 25 (Reuters) – U.S. regulators approved Nasdaq OMX
Group’s $62 million compensation plan for firms that
lost money in Facebook Inc’s glitch-ridden market debut
in May, signaling a victory for exchanges Potentially facing
liability for technical foul-ups.

Nasdaq said in a note to traders on Monday morning that the
U.S. Securities and Exchange Commission approved the plan, and
that firms harmed in Facebook’s initial public offering had one
week to submit requests for compensation.

Mar 25, 2013

All the newspapers fit to be sold

March 25 (Reuters) – That sound you hear from the newspaper
sector is owners running for the exits.

Spurred by signs of stabilization, thanks mainly to growing
revenue from digital subscriptions, newspaper publishers,
including the likes of Tribune Co and New York Times Co, are
putting notable dailies – the Los Angeles Times, the Chicago
Tribune and The Boston Globe – up for sale.