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NYC
Media Reporter, Heard on the Street — Wall Street Journal

Media, telecom & retail for Wall Street Journal's Heard on the Street; 'When in Rome, do as Miriam does'; 212-416-2679; miriam.gottfried@wsj.com

Charter Needs to Be Second-Time Lucky

wsj.com — That didn't take long. Charter Communications is considering a bid for Time Warner Cable , The Wall Street Journal reported Friday. The news came hours after Comcast said it would abandon its troubled merger with Time Warner Cable. The speed with which Charter stepped in may underscore how much it needs a deal.

Amazon Needs More Cloud Cover

wsj.com — Amazon's latest loss was obscured by a cloud. The e-commerce giant late Thursday reported a first-quarter loss that met expectations and sales that came in a bit ahead. But Amazon's earnings (or lack thereof) took even more of a back seat than usual as investors pored over newly disclosed details of its cloud-computing segment, Amazon Web Services.

Rethinking AT&T’s Prospects

wsj.com — Things could maybe, possibly, almost be about to get better at AT&T. The telecom giant's first-quarter earnings, out after the market's close Wednesday, beat expectations by a penny a share. Revenue fell slightly short. Yet AT&T's stock surged more than 4% Thursday afternoon-a major move for a company its size.

Facebook’s Price of Success

wsj.com — Facebook continues to dominate the moment. The question for investors is what the future will bring. The social network on Wednesday reported first-quarter earnings that surpassed analyst expectations. Revenue growth of 42% fell short of the consensus estimate, but exceeded it after backing out the effects of currency exchange moves.

Comcast Won’t Founder Without Time Warner Cable Deal

wsj.com — Investors betting on the approval of Comcast's merger with Time Warner Cable should have a backup plan. The two companies headed to Washington on Wednesday to discuss potential remedies with government officials in an attempt to rescue their deal. The move came after a report last week that the Justice Department is nearing a recommendation to block the merger.

Verizon Changes the TV Conversation

wsj.com — Hey, TV networks: Two can play at this game. That may be the not-so-subliminal message underlying Verizon Communications' move to offer subscribers smaller bundles of TV channels through its FiOS TV service. Under the new plans, customers get broadcast channels and a handful of other "base" networks.

Netflix’s Bottom Dollar

blogs.wsj.com — Even for a fast-moving company like Netflix , there is no escaping that strong dollar. On Wednesday, the video-streaming company blamed the negative impact of foreign exchange rates for lower-than-expected international revenue. Despite netting more international subscribers than anticipated, that hit translated into a sizeable earnings miss.

Tears on My Zillow

blogs.wsj.com — Like sports teams, companies using the phrase "transition year" rarely bring good news. Zillow Group is no exception. The real-estate website operator hosted a call Tuesday to update analysts on its integration of Trulia, which it announced plans to acquire last July. The deal closed Feb. 18, matching the timeline it had provided.

Disney’s ‘Avengers’ Moving into the Fast Lane

blogs.wsj.com — It has been full speed ahead for "Furious 7" at the box office in recent weeks. But another hotly anticipated film may soon zoom past it. "Avengers: Age of Ultron," the latest film from Walt Disney's Marvel, opens May 1. And it looks poised for super-heroic success.

Media M&A May Soon Have Its Day

wsj.com — It could still be the media-industry equivalent of the shot heard round the world. Comcast's proposed purchase of Time Warner Cable is just taking a bit longer than expected. News of that deal in February 2014 jolted the media world.
More Articles →
Apr 24, 2015

Charter & TWC both need a deal to support their valuations. But TWC has a bit more leverage. on.wsj.com/1KdOeI9 pic.twitter.com/fzktFYsNs4

Apr 24, 2015

RT @keachhagey: Scoop machine @ShaliniWSJ brings it: Charter is working toward a bid for Time Warner Cable, on wires now

Apr 24, 2015

RT @ShaliniWSJ: Charter laying the groundwork for a potential bid for TWC, an approach to TWC could come soon -- story coming to wsj.com

Apr 24, 2015

Analysts see $TSLA earning <1/5 of what they did 3 mos ago. Yet price targets have held up. on.wsj.com/1d9GNXu pic.twitter.com/P4cqx31uCo

Apr 24, 2015

RT @JeffCNYC: that you have no idea how much stock based comp to allocate to the $AMZN AWS business. (It has been excluded from segment results) 2/2

Apr 24, 2015

Amazon up 14% after 3 upgrades. Sigh. Resigned to looking wrong because y'all just don't act rationally w this one. on.wsj.com/1d6ieeb

Apr 23, 2015

AWS is faster-growing & more profitable than Amazon retail biz. But it's only 7% of sales. on.wsj.com/1d6ieeb pic.twitter.com/pPFwHkDtd0

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