New York Stock Exchange.

  1. Facebook Has $2.5B in Q1 Revenue, a Billion Mobile Users

    April 23, 2014 4:20 PM EDT Facebook posted quarterly revenues of $2.5 billion during a transformative first three months of 2014, during which the company made a pair of acquisitions for $4.4 billion in cash and nearly a tenth of its overall equity. The company beat consens ...

  2. Twitter Amps Up Share Price Ahead of IPO, Though Poll Shows Investor Skepticism

    November 04, 2013 12:32 PM EST Twitter's confidence appears to be increasing ahead of its initial public offering set for later this week. The 7-year-old short messaging service on Monday boosted the price range for the IPO, saying that it now expects to price its shares ...

  3. Twitter Tested on NYSE In Preparation For IPO

    October 27, 2013 10:25 AM EDT The New York Stock Exchange says its test run of Twitter's initial public offering on Saturday was a success, as the exchange takes pains to avoid the technical problems that marred Facebook's debut. While the NYSE frequently does test ...

  4. SFX Shares Fall Below IPO Price on First Day of Trading

    October 09, 2013 12:19 PM EDT Shares of SFX Entertainment were trading at $10.84 at midday Wednesday, about 16.5% below the $13 initial public offering price .   SFX offered 20 million shares priced at $13.00 a share, raising $260 million and valuing the company at just over ...

  5. Internet Radio: The Next Digital Underground

    July 19, 2012 6:35 PM EDT One is traded on the New York Stock Exchange. Another was recently launched by the world's leading on-demand music subscription service. And yet another has quietly accumulated 30 million monthly users. These three Internet services are part ...

  6. Pandora Partners with Verizon FiOS for TV Streaming

    July 21, 2011 12:31 PM EDT Pandora Media has partnered with Verizon to offer its Internet radio service to subscribers of Verizon's high-definition TV service FiOS, according to various media reports. The service has already launched in California, Texas and Virginia a ...

  7. Business Matters: Mobile U.S. Ad Revenues Projected to be $4 Billion by 2015

    June 23, 2011 8:10 PM EDT Mobile U.S. Ad Revenues Projected to be $4 Billion by 2015 -- Since a good portion of future of digital music ad revenues will depend on the vibrancy of the mobile ad market, a new revenue forecast will be on great interest to digital service prov ...

  8. Pandora Ends First Day of Public Trading Up Just 9%, But Worth More Than Live Nation, Warner Music Group

    June 15, 2011 5:38 PM EDT For a brief moment on the opening day of trading of Pandora's stock, the company had a market value of $4.2 billion - over three times that of Warner Music Group's current $1.28 billion market value. But after the company's shares r ...

  9. Pandora Shares Rise 50% In First Minutes of Trading After IPO

    June 15, 2011 10:56 AM EDT Shares of Pandora Media were up as much as 51% on their first morning of trading on the New York Stock Exchange. The successful IPO and subsequent rise in share prices means Pandora has become one of the most valuable music-related companies in th ...

  10. It's Official: Access Industries to Acquire Warner Music Group for $3.3 Billion

    May 06, 2011 9:49 AM EDT Access Industries' winning bid for Warner Music Group will pay $8.25 per share in an all-cash deal, according to a joint press release issued Friday morning. The deal is for both Warner's recorded music and publishing divisions. Shares o ...

  11. Viacom Parts Ways With Rock Band

    December 23, 2010 12:00 AM EST Viacom Inc has sold Harmonix Music Systems, the developer behind the Rock Band franchise, to the investment firm Columbus Nova, ending a failed foray into the video game business. Analysts have long questioned the value of Rock Band for a company ...

  12. Warner Music Q4 Loss Widens

    November 17, 2010 12:00 AM EST Warner Music Group posted a wider-than-expected quarterly loss and said revenue growth in the U.K. and Italy was offset by weakness in the United States, Japan and the rest of Europe. For July-September, the company posted a loss of 31 cents a sha ...

  13. Apple Boasts 1.7 Million iPhone 4 Sales

    June 29, 2010 12:00 AM EDT Apple Inc had sold 1.7 million units of the iPhone 4 worldwide by Saturday, June 26, its most successful product launch yet, the company said. Sales of the touchscreen smartphone, which competes with devices from Nokia, Research In Motion, and Mot ...

  14. iPhone 4 Sets Record Sale Pace Despite Gaffe

    June 17, 2010 12:00 AM EDT Sales of Apple Inc's latest iPhone blew away expectations in its first day on the market despite shortages and an embarrassing online ordering glitch that thwarted many shoppers. Apple shares rose nearly 3% on Wednesday (June 16) after it ann ...

  15. AT&T Hit With Order, Privacy complaints Over iPhone

    June 16, 2010 12:00 AM EDT Customers trying to reserve the latest version of the iPhone were thwarted by technical glitches that hindered sales on Tuesday (June 15), the first day of pre-orders before the device hits stores on June 24. AT&T Inc customers reported seeing ...

  16. Liberty Media Seeks Bigger Stake In Live Nation

    January 26, 2010 12:00 AM EST Liberty Media Corp offered to buy up to 34.5 million shares in the newly merged Live Nation Entertainment at a 14% premium, sending the concert promoter's shares up 13%. Liberty already owns a 14.6% stake in Live Nation, which completed an $8 ...

  17. Cablevision Looks To Spin Off MSG, Posts Profit

    May 07, 2009 12:00 AM EDT Cablevision Systems Corp floated a plan to spin off of its Madison Square Garden business, which includes its New York Knicks basketball team and Radio City Music Hall, and it posted a first-quarter profit. Shares jumped as much as 18% on Thursday ...

  18. Live Nation Seeing Healthy Ticket Sales, Stock Up

    January 08, 2009 12:00 AM EST Live Nation said on Thursday it has seen no weakness in ticket sales for 2009 despite investor concern that fewer fans will pay to see their favorite bands due to the recession. Live Nation shares rose 18 percent in late-afternoon trading. Chief E ...

  19. Best Buy Beats Expectations, Eyes Buyouts

    December 16, 2008 12:00 AM EST The basics: * EPS 35 cents vs. estimate 24 cents * Revenue up 16 percent * Buyout offered to corporate staff * Store openings to be reduced next year * Shares up 15.5 percent Best Buy Co. reported better-than expected quarterly results on Tuesday ...

  20. WMG Likely To Raise Bid For EMI

    May 23, 2007 12:00 AM EDT Warner Music Group is likely to counter a $4.7 billion private equity buyout for long-sought rival EMI Group and turn what looked like a closed deal for the recording company into a new takeover battle, analysts said on Monday (May 21). EMI said o ...

  21. Viacom Sues Google, YouTube

    March 13, 2007 12:00 AM EDT MTV parent Viacom Inc. said on Tuesday that it was suing Google Inc. and its Internet video-sharing site YouTube for more than $1 billion over unauthorized use of its programming online. The lawsuit, the biggest challenge to date to Google's ...

  22. Microsoft Ordered To Pay $1.5 Billion In MP3 Lawsuit

    February 23, 2007 12:00 AM EST Microsoft Corp. must pay $1.52 billion in damages to telecommunications equipment maker Alcatel-Lucent SA for violating two patents related to digital music, a federal jury ruled Thursday (Feb. 22). The Redmond, Wash.-based software company said t ...

  23. Univision Shareholders OK $12.3B Sale

    September 27, 2006 12:00 AM EDT Approval of the sale was widely expected. Univision Communications Inc. shareholders on Wednesday (Sept. 27) approved selling the Spanish-language broadcaster to a private investor group for $12.3 billion, the company said. Univision dominates the ...

  24. EMI Music Pacts With Turkey's MobilMuzik

    June 09, 2006 12:00 AM EDT ,000 tracks licensed for the market. EMI Music has become the first major label to provide content to MobilMuzik, the mobile-music service offered by Turkey’s leading wireless carrier Turkcell. The 200,000 tracks, selected from the EMI repertoi ...

  25. EMI Music Pacts With Turkey's MobilMuzik

    June 09, 2006 12:00 AM EDT ,000 tracks licensed for the market. EMI Music has become the first major label to provide content to MobilMuzik, the mobile-music service offered by Turkey’s leading wireless carrier Turkcell. The 200,000 tracks, selected from the EMI repertoi ...

  26. CBS, Stern Settle Legal Dispute

    May 27, 2006 12:00 AM EDT CBS Corp. and its former morning radio star Howard Stern have settled a bitter breach-of-contract lawsuit over the shock jock's defection to a rival satellite radio service, the two sides said on Frid CBS Corp. and its former morning radio st ...

  27. The Tube Partners With Tribune Broadcasting

    March 09, 2006 12:00 AM EST Brings network to stations in NY, LA, Chicago. Tribune Broadcasting Co. and the digital music television network The Tube announced a deal Thursday that will place the fledgling network on stations in the nation's largest markets and dramatic ...

  28. Spanish Media Giant Univision For Sale

    February 08, 2006 12:00 AM EST A late afternoon announcement from Univision today (Feb. 8) confirmed that the Spanish language media company is on the block. Univision has retained UBS Investment Bank as a financial advisor to help After months of speculation, Univision Communi ...

  29. Update: CCE Spinco To Operate As Live Nation

    December 15, 2005 12:00 AM EST CCE Spinco, the live entertainment division of Clear Channel Communications set to be spun off Dec. 22, will begin its new life under the Live Nation banner. CCE Spinco, the live entertainment division of Clear Channel Communications set to be spu ...

  30. Clear Channel To Issue CCE Spinco Dividend

    December 05, 2005 12:00 AM EST Distributed around Dec. 21. Clear Channel Communications will execute its spin-off of CCE Spinco by distributing the CCE shares in a dividend around Dec. 21, pending clearance by U.S. securities regulators. Clear Channel shareholders on December 1 ...

  31. GameStop To Buy Electronics Boutique For $1.44 Bil

    April 26, 2005 12:00 AM EDT Videogame retailer GameStop Corp. said on April 18 it would buy competitor Electronics Boutique Holdings Corp. for $1.44 billion in cash and stock, creating a company that would rival Wal-Mart in game (Reuters) -- Videogame retailer GameStop Corp. ...

  32. Blockbuster Settles Over 'No Late Fees'

    April 05, 2005 12:00 AM EDT Blockbuster Inc. has agreed to pay about $630,000 to settle claims by 47 states and the District of Columbia that the nation's biggest movie rental chain deceived consumers with its "No Late Fees" cam PORTLAND, Ore. (AP) -- Blockbus ...

  33. Disney, Weinsteins Are Done

    April 05, 2005 12:00 AM EDT After a prolonged, months-long negotiation, Bob and Harvey Weinstein and the Walt Disney Studios announced March 29 that they are ending their 12-year exclusive relationship, under which the Weinstein (The Hollywood Reporter) -- After a prolonged, ...

  34. Blockbuster Settles Over 'No Late Fees'

    March 29, 2005 12:00 AM EST Blockbuster Inc. has agreed to pay about $630,000 to settle claims by 47 states and the District of Columbia that the nation's biggest movie rental chain deceived consumers with its "No Late Fees" cam PORTLAND, Ore. (AP) -- Blockbus ...

  35. Viacom Posts $18 Billion Loss

    March 01, 2005 12:00 AM EST Viacom Inc. on Feb. 24 posted a massive quarterly loss after $18 billion in charges for writing down the value of its radio and outdoor advertising businesses in the face of a soft radio market and he NEW YORK (Reuters) -- Viacom Inc. on Feb. 24 p ...

  36. Clear Channel Q3 Revenues Up

    October 29, 2004 12:00 AM EDT Clear Channel Communications Inc., the largest U.S. radio station chain, on Friday posted higher operating earnings and said a new strategy to trim advertising airtime showed early signs of success. Clear Channel Communications Inc., the largest U ...

  37. Disney Confirms Eisner To Leave In 2006

    September 10, 2004 12:00 AM EDT Michael Eisner, who led the Walt Disney Co. to huge success in the 1980s but more recently clashed with dissident stockholders including the founder's family, will leave the company in 2006 when his c Michael Eisner, who led the Walt Disney C ...

  38. Viacom Looks to Sell Weak Radio Stations

    June 07, 2004 12:00 AM EDT Viacom Inc. plans to dump underperforming radio stations, but will not sell its Infinity Broadcasting unit, company chairman/CEO Sumner Redstone said Thursday (June 3). Viacom Inc. plans to dump underperforming radio stations, but will not sell it ...

  39. Viacom President Karmazin Steps Down

    June 01, 2004 12:00 AM EDT Media giant Viacom Inc.'s No. 2 executive, Mel Karmazin, will step down following several years of tense relations with Viacom chairman/CEO Sumner Redstone, the company said today (June 1). Media giant Viacom Inc.'s No. 2 executive, Mel ...

  40. Disney Shareholders Withhold Eisner Support

    March 03, 2004 12:00 AM EST Michael Eisner faced a rebuke of his leadership of the Walt Disney Co. today (March 3), as 43% of shareholders withheld their support for him in a vote at the company's annual shareholder meeting. Michael Eisner faced a rebuke of his leadersh ...

  41. Source: Comcast Won't Meet Disney Price

    February 17, 2004 12:00 AM EST Cable provider Comcast Corp. is not interested in raising its bid for Walt Disney Co. to match the current stock price of the media conglomerate, a source close to the company said today (Feb. 17). Cable provider Comcast Corp. is not interested in ...

  42. Disney Board Rejects Offer From Comcast

    February 17, 2004 12:00 AM EST The Walt Disney Company rejected Comcast Corp.'s takeover bid, but it also kept the cable giant's hopes alive by indicating more money might do the trick. The board's unanimous rejection yesterday (Fe The Walt Disney Company rejecte ...