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Fox earnings lifted by ad revenue from Tubi streaming service

Pete Davidson attends TUBI's "The Freak Brothers" Experience at Fred Segal on December 06, 2021 in Los Angeles, California.Kevin Winter | Getty ImagesFox Corp.'s bet on its free, ad-supported streaming service Tubi appears to be paying off for the company. On Tuesday, the company reported earnings for its first fiscal quarter, noting that Tubi helped boost its advertising revenue. The service offers on-demand movies and TV shows, as well as channels that replicate the traditional pay-TV format."In a quarter when digital…

State Street is a buy

Generac Holdings: "I do not want to touch this one."Disclaimer: Cramer's Charitable Trust owns shares of Alphabet, Meta and Amazon.Jim Cramer's Guide to InvestingClick here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. Generac Holdings: "I do not want to touch this one."Disclaimer: Cramer's Charitable Trust owns shares of Alphabet, Meta and Amazon.Jim Cramer's Guide to InvestingClick here to download Jim Cramer's Guide to Investing at no cost to help you…

News Corp. stock up, Fox shares down as investors weigh merger

A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City.Alexi Rosenfeld | Getty ImagesShares of News Corp. rose while Fox shares fell Monday as investors weighed the possibility of Rupert Murdoch's media companies recombining nearly decade after they split.The companies had announced Friday that they were exploring a merger, with each News Corp. and Fox saying they formed special committees to explore the possibility. The deal would consolidate Murdoch's leadership over…

Rupert Murdoch explores reuniting Fox and News Corp

President Donald Trump (L) is embraced by Rupert Murdoch, Executive Chairman of News Corp, during a dinner to commemorate the 75th anniversary of the Battle of the Coral Sea during WWII onboard the Intrepid Sea, Air and Space Museum May 4, 2017 in New York.Brendan Smialowski | AFP | Getty ImagesRupert Murdoch is in the early stages of exploring whether to put his media companies News Corp. and Fox Corp. back together, The Wall Street Journal reported Friday, citing people familiar with the matter.Both companies have…

NFL and Apple are at odds in Sunday Ticket negotiations

Kansas City Chiefs quarterback Patrick Mahomes (15) is sacked by Los Angeles Chargers linebacker Drue Tranquill (49) in the first quarter at Arrowhead Stadium on Thursday, Sept. 15, 2022, in Kansas City, Missouri.Tammy Ljungblad | Tribune News Service | Getty ImagesThe National Football League season is heading into Week 6, and it's still unclear which company will become the new owner of Sunday Ticket rights — the only remaining exclusive broadcast package that hasn't been renewed until 2030.Apple has been among the…

Spanish-language streaming service Canela.TV launches original shows

An upstart Spanish-language streamer is taking a big step into original content.Canela Media will debut a daily entertainment news show, "¡Ponle Canela!," on its streaming platform, Canela.TV, on Oct. 10. "Secretos De Villanas," a reality series that puts some well-known telenovela actresses under one roof to reveal secrets about their lives and careers, will premiere on Oct. 20.In launching its own original content, Canela.TV is following in the footsteps of much larger and more mature streaming services like Netflix and…

Comcast executives expect Disney to buy remaining stake in Hulu

HuluRafael Henrique | SOPA Images | LightRocket | Getty ImagesThe future of Hulu continues to be an open question as Comcast and Disney still haven't agreed on terms that will settle the company's future ownership.But Comcast executives are planning on Disney buying them out — even if they'd prefer otherwise.Disney owns two-thirds of Hulu and has an option to buy the remaining 33% from Comcast as early as January 2024. Some analysts and industry watchers have speculated Comcast might try to buy Hulu from Disney rather…

Fox News personalities face questioning as Dominion lawsuit moves forward

A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City.Alexi Rosenfeld | Getty ImagesNext week, Maria Bartiromo will join the parade of Fox personalities who are being called to answer questions in Dominion Voting Systems' defamation lawsuit against the network. Bartiromo, the anchor of Fox programs "Mornings with Maria" and "Sunday Morning Futures," is slated to appear for a deposition on Sept. 8, according to court filings. In recent days, Sean Hannity, Tucker Carlson…

Coinbase, Roblox, Wendy’s and more

Check out the companies making headlines in midday trading.Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped.Chesnot | Getty ImagesCoinbase – Shares of the crypto services operator jumped about 6% despite the company reporting a wider-than-expected loss late Tuesday and a decline in volumes in the most recent quarter. The raly coincided with a move higher in bitcoin after a key inflation reading showed a better-than-expected slowdown in rising prices.Wendy's – The restaurant…

Crypto start-up MoonPay in NFT deal with Universal, Fox

MoonPay co-founder and CEO Ivan Soto-Wright at the Bitcoin 2022 conference in Miami.MoonPayCrypto start-up MoonPay said Tuesday that it's partnering with Universal Pictures, Fox Corporation and Snoop Dogg's Death Row Records, among other brands, to launch a new NFT platform called HyperMint.The new platform enables large brands, agencies, and enterprises to mint hundreds of millions of NFTs a day, scaling up an operation that previously took months using blockchain technology. It's being formally announced later on…