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Fly News Breaks for August 22, 2016
DISH, ROVI, CMCSK, CMCSA
Aug 22, 2016 | 09:18 EDT
Piper Jaffray analyst Michael Olson notes that Rovi (ROVI) announced a 10-year renewal with DISH (DISH) and while the terms were not disclosed, economics should be similar to recent deals, likely in the range of 21c-22c per subscriber per month. With DISH in the fold, nine of the ten major U.S. TV service providers now license Rovi guide patents, the analyst said, with Comcast (CMCSA; CMCSK) remaining the lone holdout. Olson believes discussions with Comcast are at the economic level, and is confident in Comcast signing, potentially in the first half of 2017. He reiterates an Overweight rating and $27 price target on Rovi's shares.
News For ROVI;CMCSA;CMCSK;DISH From the Last 2 Days
DISH
Jun 18, 2019 | 16:15 EDT
Stocks jumped to within 1% of an all-time high after President Donald Trump tweeted this morning that he spoke by phone with Chinese President Xi Jinping and plans more "extensive" talks during the Group of 20 meeting next week.  The tweet helped... To see the rest of the story go to thefly.com. See Story Here
DISH
Jun 18, 2019 | 13:14 EDT
Dish (DISH) is in talks to pay at least $6B for assets that T-Mobile US (TMUS) and Sprint (S) are selling in order to obtain regulatory approval for their merger, Bloomberg reports, citing people familiar with the matter. Dish could announce a deal as soon as this week for assets including wireless spectrum and Sprint's Boost Mobile brand, sources told Bloomberg. Shares of Dish are up 95c to $39.94 following the report. Citi analyst Jason Bazinet this morning opened a "Catalyst Watch" on Dish shares saying an acquisition like the one reported now by Bloomberg would be positive for the stock.
CMCSA, CMCSK
Jun 18, 2019 | 07:56 EDT
Comcast (CMCSA), Charter Communications (CHTR), and Cox Communications are forming a joint program to advance targeted advertising technology, Reuters' Sheila Dang reports. The initiative, called "On Addressability," aims to create standards for addressable advertising, which targets ads to certain households based on their interests, according to the report. Reference Link
DISH
Jun 18, 2019 | 07:16 EDT
Citi analyst Jason Bazinet opened a "Catalyst Watch" on Dish (DISH) saying the company may reach some type of agreement with Sprint (S) and T-Mobile (TMUS) to help facilitate the two firms' merger. This development, if it happens, is apt to be a positive for Dish shares for three reasons, Bazinet tells investors in a research note. Such a deal would reduce the likelihood that the Federal Communications Commission repossesses Dish's spectrum, would reduce the company's liquidity risk, and "may lay the groundwork" for Dish to ultimately transition from a holder of spectrum to a true operating business, the analyst contends. He keeps a Buy rating on Dish shares.
CMCSK, CMCSA
Jun 17, 2019 | 09:08 EDT
Comcast launched a feature that gives people with physical disabilities like spinal cord injuries or amyotrophic lateral sclerosis, or ALS, the ability to navigate their television using only their eyes. Xfinity X1 eye control is a web-based remote for tablets and computers that pairs with an existing eye gaze system and allows viewers to change the channel, set a recording, search for a show and more, all with a glance. In the U.S., more than 48M people live with physical or mobility disabilities and every day about 15 people are newly diagnosed with ALS, or Lou Gehrig's disease, a disease that attacks nerve cells in the brain and spinal cord. X1 eye control is free and uses a web page remote control that works with existing eye gaze hardware and software, Sip-and-Puff switches and other assistive technologies.