Media: Latest Financial Topics from CNBC

Here is the latest Media News from CNBC.

Content to the rescue: Time Warner CEO
Jeff Bewkes, chairman and CEO of Time Warner says the company will flourish, as long as the networks churn out great content.

Turner and CNN’s ‘Great Big’ digital investment
CNN is betting millions on its online outlet “Great Big Story,” which focuses on making social media-optimized videos.

TV industry on the brink of a cord-cutting storm: Analyst
The annual Internet & Television Expo comes as the traditional TV business is facing unprecedented challenges.

Sumner Redstone has power to remove Viacom CEO from his trust
Sumner Redstone has the power to remove Viacom CEO Dauman, but not his daughter Shari, from the trust that will control his $40 billion media empire.

Corvex discloses large Pandora stake, pushes for sale: Letter
Corvex Management disclosed on Monday that it owns 9.9 percent of Pandora Media and urged the company to explore a sale.

Gannett raises Tribune offer to $15 per share
Gannett, the publisher of USA Today, raised its all-cash offer to buy Tribune Publishing to $15 per share from $12.25.

What ‘superhero fatigue’? ‘Civil War’ nears $1B mark in global receipts
If movie goers are tired of superhero films, they have an odd way of showing it.

Blame social media for the rising cost of weddings
Unlimited choices and wedding photos being shared on social media are making weddings expensive, experts say.

Outlook on upfronts
CNBC’s Julia Boorstin report for the first time in five years broadcasters secure more upfront ad dollars than the prior year.

America! Here’s what to expect from your first Eurovision song contest
Before you experience your first Eurovision, be warned; there’s a lot more to this competition than just pop songs. CNBC breaks down the details.

Digital media may block MTV’s return to music
MTV’s return to music programming faces stiff competition from digital media companies that have taken the youth mantle.

It’s time for Disney to sell TV directly to consumers: Analyst
“What Disney is really good at is making brands and finding new ways to distribute it,” analyst Tony Wible says.

Disney earnings on deck
CNBC’s Julia Boorstin provides a preview of Disney’s quarterly results after the record-breaking success of “Capital America” last weekend and CEO Bob Iger’s bullish comments on ESPN.

Watch out, YouTube: Amazon’s new online vid service allows users to upload
Amazon launched a service called Amazon Video Direct, allowing users to post videos and earn royalties from them.

Judge dismisses suit against Redstone
CNBC’s Julia Boorstin reports the court handed out a tentative ruling in the Sumner Redstone trial.

ESports industry booming, advertisers want in
ESports could be a $1.3 billion global industry by 2019, and digital media wants to help brands find opportunities.

Sumner Redstone mental competence lawsuit dismissed
A Los Angeles judge dismissed a lawsuit over the mental competence of media mogul Sumner Redstone in a tentative ruling.

‘Civil War’ jumps over high bar, bows to $182M opening weekend
Marvel bet that audiences would pack theaters for “Civil War,” and they did not disappoint.

‘Captain America’ hero at the box office
Disney’s “Captain America” smashes record numbers and gives Marvel four of the six top openings of all time, reports CNBC’s Julia Boorstin.

FCC confirms approval of Charter, Timer Warner Cable merger
The Federal Communications Commission voted to approve Charter Communications’s acquisitions of Time Warner Cable.

Netflix vs. Amazon
Barton Crockett, Senior Analyst at FBR Capital Markets & Co., and Tony Wible, Director and Senior Analyst – Media & Entertainment at Drexel Hamilton, talk about the streaming rivalry between Netflix and Amazon, as well as how they approach investing in the companies.

TWX beat boosts shares
CNBC’s Julia Boorstin has the update on two media giants reporting quarterly results.

Redstone trial begins
The Sumner Redstone lawsuit is at trial Friday, where a pre-taped testimony from Redstone will be played, reports CNBC’s Julia Boorstin.

Digital publishers race to score deals … on TV!
With all the talk of the massive growth of digital media, online companies are still making traditional TV deals.

Tribune Publishing rejects Gannett’s unsolicited takeover bid
Tribune Publishing said on Wednesday its board unanimously rejected Gannett’s unsolicited takeover offer.

YouTube planning online TV service: Report
Alphabet’s YouTube is working on a paid subscription service that would offer customers a bundle of cable TV channels, according to reports.

Verizon makes its case to advertisers that AOL matters
Verizon pronounced its commitment to growing its media business through the AOL/go90s NewFront presentation.

FCC approves Altice purchase of Cablevision Systems
The U.S. Federal Communications Commission has approved European telecoms group Altice’s acquisition of U.S. cable company Cablevision Systems.

Hulu aims to deliver what you want to watch next
Mike Hopkins discusses what is next for the company and for the future of streaming television with The New York Times.

Time Warner revenue boosted by Turner, HBO
Time Warner reported a 2.5 percent rise in revenue, helped by higher subscription revenue at its Turner Broadcasting and Home Box Office networks.

BuzzFeed wants advertisers to know it’s open for big business
The company claims that if you want to reach millennials, you’ll need their insights, which it says the rest of media doesn’t exactly have.

New rivals in tech
CNBC’s Julia Boorstin reports on the growing rivalry between Netflix and Amazon over their competing streaming video services.

Cable 2.0?
CNBC’s Julia Boorstin talks about how Hulu is working on a service to stream live TV.

Hulu to stream live TV?
CNBC’s Julia Boorstin reports that streaming site Hulu is working to offer a bundle service including live and on-demand TV content.

IAC Publishing’s About.com slims down for advertising dollars
About.com created a specialized health site called Verywell in order to compete for more digital advertising spend.

Rich newspaper owners: Industry saviors or foes?
Owners have the potential to affect coverage decisions while investing in the search for new audiences and revenue streams.

Yahoo got bigger and became mediocre: Ex-President Sue Decker
A string of leaders failed to define what Yahoo is to its users, former Yahoo President Susan Decker says.

CBS weighs share options for post-Redstone era: Sources
CBS’s executives are considering how they can gain more control over the broadcaster after Sumner Redstone dies, or if he is declared incompetent.

Advertising giant WPP sales up in Q1 in “uncertain environment”
WPP posted first quarter earnings on Thursday of 3 billion GDP, up 10.6 percent ($4.7 billion). Like-for-like sales was up 5.1 percent.

How does iflix compete with Netflix? Apparently, it doesn’t
iflix might appear to have a lot in common with Netflix, but CEO Mark Britt is adamant that the two streaming companies are not competing.

Twitter’s Jack Dorsey one-on-one with CNBC
CNBC’s Julia Boorstin speaks to Twitter CEO Jack Dorsey about earnings, the company’s turnaround plan and his vision for growth. We are fixing a bunch of fundamentals in both the product and the company, says Dorsey.