Dow Jones (DJ) kciked off the 1Q07 reporting season for media compananies with better than expected performance thanks to strong ad pricing at the Wall Street Journal in March and tight cost controls. Adjusted EPS of 24 cents beat the consensus estimate of 19 cents as revenues of $507 matched estimates. Management reiterated guidance of […]
Just a few hours after Monday Morning Media Madness noted that Comcast (CMCSA/CMCSK) was building some potentially valuable and underanalyzed internet assets, the following crossed my email box from theflyonthewall.com: News Corporation, NBC Universal and Comcast Corporation announced a comprehensive distribution agreement in which Comcast’s Comcast.net and Fancast.com will serve as key distribution sites for […]
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