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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

Risky Business for AshleyMadison.com

blogs.wsj.com — There are risk factors. And then there are risk factors. The database of dating site AdultFriendFinder.com was hacked, exposing the personal information of 3.9 million members, according to a report Thursday by a U.K. TV station. In addition to e-mail addresses and dates of birth, the hackers reportedly revealed users' sexual preferences and, for some, whether they were looking to cheat on their spouses.

Una nueva burbuja se cierne sobre los resultados de las tecnol�gicas

expansion.com — Si buscamos en Internet las palabras "burbuja tecnológica", casi todos los resultados reflejan la actual preocupación sobre la posibilidad de que ya estemos en una. No obstante, la búsqueda con más resultados todavía nos remite a la burbuja de finales de los noventa.

Yahoo Looks Dressed for Excess

wsj.com — Yahoo is dressed like a high-growth company. But it may soon have to revert to humbler garb. Much of the Internet company's value rests on its 24% stake in Alibaba. Investors seeking exposure to the unlisted Chinese e-commerce juggernaut have flocked to Yahoo's shares. These now sport a tech-like multiple of 25.5 times 2014 earnings before...

Blowing the Froth Off Tech Earnings

wsj.com — Do an Internet search for the words "tech bubble," and most results will reflect current worry over whether we are in one. The top one, however, still harks back to the dot-com bubble of the late 1990s when the market became overly confident about the future profitability of Internet companies, many of which faltered or failed.

Ann’s Fortune Is No Sure Thing for Retailers

blogs.wsj.com — Ann has found a new closet to call home. Other troubled retailers aren't likely to be so lucky. Ascena Retail Group, which owns Dressbarn and Lane Bryant, said Monday it would buy the Ann Taylor parent for $47 a share, or about $2.2 billion.

How Do You Say Netflix In Mandarin?

blogs.wsj.com — For Netflix , a trip to China may be closer to fruition. News on Friday that the company is in talks with two Chinese online video companies to bring its content to that country gave weight to the bullish thesis that Netflix can continue to expand abroad. The stock rose nearly 5%.

Advertisers Turn TV Back On

wsj.com — Last year's mantra among worried media investors: National TV advertising is in secular decline. Yet as the week that kicks off networks' next-season ad sales draws to a close, the sky doesn't seem to be falling. Spending on national TV ads rose nearly 3% in the first quarter compared with a year earlier-excluding Olympics-related spending in 2014-Brian Wieser of Pivotal Research estimates.

AOL Won’t Put Verizon in the Game

wsj.com — Verizon Communications is dipping another toe into the future of online video. The telecom giant will buy AOL for $50 a share in cash, or roughly $4.4 billion. For Verizon, with a $202 billion market value, this should have little impact on its growth rate or valuation.

Televisi�n de pago: el futuro ya est� aqu�

expansion.com — El fenómeno conocido como cord-cutting, clientes que dejan de pagar su suscripción a la televisión por cable porque ven los contenidos a través de la red, ha pasado de ser una amenaza, a convertirse en una realidad.

Pay-TV Decline Strikes a Cord

blogs.wsj.com — Cord-cutting has taken another step from threat toward reality. U.S. pay-TV providers lost video subscribers in the first quarter, marking the first time the industry has contracted during a traditionally strong period of the year. That brought the rate of subscriber decline to 0.5% over the past 12 months-the fastest on record, according to MoffettNathanson.
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May 22, 2015

Ahead of an IPO, the parent company of AshleyMadison.com should take note of the hack of one of its competitors. on.wsj.com/1eleBl2

May 22, 2015

RT @gnagesh: FCC would likely classify this as an MVPD RT @Recode Apple wants local TV channels in its Web TV service: on.recode.net/1IOhBDi via @pkafka

May 21, 2015

Guggenheim Solar ETF was 12% Hanergy Thin Film Power by value. @abheekb's readers might have seen this crash coming. on.wsj.com/1eiKGdb

May 21, 2015

RT @NeilShahWSJ: Seven of the U.S.'s 10 biggest cities saw population growth slow last year. on.wsj.com/1HvVFtv “The big-city slowdown is pretty clear."

May 21, 2015

@MikeIsaac Uber is also expensive to the lower/ middle classes. One reason I think it's not replacing cars.

May 21, 2015

RT @WallStCynic: What do Goldin Financial, Hanergy and Noble Group have in common? They are all "audited" by Ernst&Young HK.

May 21, 2015

If I worked at Zappos during the "Holacracy" transition, I would take my necktie and run. on.wsj.com/1BdQSYX

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