Moffett Research LLC, the telecommunications research firm started by Craig Moffett last month, is adding ex-Nomura Holdings Inc. media analyst Michael Nathanson and changing its name to MoffettNathanson LLC.
Nomura Holdings Inc., Japan’s biggest brokerage, hired top-rated Sanford C. Bernstein & Co. analyst Michael Nathanson as head of U.S. media and telecommunications equity research, according to a person familiar with the matter.
Netflix Inc.’s effort to secure a place for its video-subscription service on Time Warner Cable Inc. set-top boxes is on hold now that the cable operator is being sold, people with knowledge of the matter said.
Nomura Holdings Inc., the Tokyo-based brokerage that’s expanded its global workforce by almost half in two years, expanded U.S. equity trading and introduced stock research in New York to compete for a bigger market share in the Americas.
Viacom Inc., owner of the Paramount film studio and cable networks such as Nickelodeon and MTV, said fiscal third-quarter profit dropped 7 percent after advertising sales declined the most in more than three years.
Entertainment companies are proving a safer bet than Liberty Media Corp. Chairman John Malone forecast four years ago, when he predicted some would follow the decline of music labels and newspapers amid online competition.