21st Century Fox Acquires Majority Control of YES Network; With Intel Media, Verizon Paves Path To Set-Top Independence; Viacom CEO Dauman’s Pay Grew 11% in 2013
Top Stories - January 27, 2014
21st Century Fox Acquires Majority Control Of YES Network The New York Yankees reshaped their lineup with a free-agent binge this offseason, and now 21st Century Fox has retooled its interest in the YES Network, taking a majority stake in the regional sports network. more
With Intel Media, Verizon Paves Path To Set-Top Independence While Verizon Communications' proposed acquisition of Intel Media's assets has sparked speculation that it means the telco will soon be in position to launch a "virtual" MSO service that could be sold outside the FiOS TV footprint, people familiar with the deal's rationale say Verizon's near-term strategic goals are far less explosive.more
Viacom CEO Dauman's Pay Grew 11% In 2013 In a year in which Viacom and its stock recovered from ratings and revenue declines, CEO Philippe Dauman saw his total compensation for 2013 rise 11%.more
DirecTV's White's Forecast: Weather Channel Should Cost Less DirecTV president and CEO Mike White added to the turbulence in the DBS leader's carriage disconnect with The Weather Channel, saying the service has lost one-third of its viewers over the past two years and is only worth one-quarter of the programmer's asking price for a new license fee deal.more
HBO Sports Sets Pacquiao-Bradley Rematch Pay-Per-View boxing bout to take place on April 12.more