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.
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.
CC Media Holdings Inc. , the parent of the largest U.S. radio broadcaster, rose the most in seven months after a Wells Fargo & Co. analyst said it may receive a special dividend from its outdoor-advertising unit.
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 provider, gained the most since April 2009 after reporting quarterly profit that beat analysts’ estimates and announcing a $4 billion share buyback plan.