Time Inc. shares fell on the first day of trading after a spinoff from Time Warner Inc. amid concern the company’s singular focus on magazines could hinder growth prospects as demand for subscriptions diminishes.
Dish Network Corp. Chairman Charlie Ergen has failed at least four times in attempts to transform his company into more than just a satellite-television provider. Judging from the share price, investors don’t mind.
A U.S. regulator whose vote is needed to change television-station ownership rules that may force Sinclair Broadcast Group Inc. to sell assets is pushing to ensure smaller companies can win exceptions.
Time Warner Cable Inc. , the second- largest U.S. cable-television operator, boosted its quarterly dividend 20 percent and posted a profit that beat analysts’ estimates by adding customers and selling pricier products.
Comcast Corp. , the cable company that took control of NBC Universal Inc. last month, reported fourth-quarter profit and sales that beat analysts’ estimates and plans to boost its dividend and stock buyback program.