The other day I had a serious discussion with some friends about the future of unskilled workers. The income inequality in our society is partly caused by skill inequality. Some skills and jobs are more scalable and therefore naturally command a salary premium. For example, an NFL player can collect a huge paycheck because even if each of the millions of TV viewers is chipping in only one penny per game, that adds up to a large sum. By contrast, even the best plumber in the world can fix only so many houses in a day. His service is not scalable, so his income is going to be limited.
Articles for News Corp
Entertainment Stocks: Selling Dreams to the Have-Nots
Graph ItNEW!Friday, January 27th, 2012 by Trefis Team
News Corp Updates: Moving Past Scandals as Fundamentals Remain Intact
Graph ItNEW!Monday, January 9th, 2012 by Trefis Team
In 2012, News Corp’s (NASDAQ:NWS) stock has continued a recovery that began around December 20. It appears that investors are now rewarding the company for fundamentals rather than punishing it for the phone-hacking scandal. The scandal involved the company’s U.K. newspapers engaging in phone hacking, bribery and other improper influence to publish news stories. It has significantly eroded News Corp’s market value, well outside the portion of business it prominently affected. The U.K. newspaper business constitutes just about 5% to News Corp’s stock as per our estimates. News Corp competes with other media conglomerates such as Time Warner (NYSE:TWX), Disney (NYSE:DIS) and CBS (NYSE:CBS) in TV programming, filmed entertainment and publishing businesses.
News Corp Updates: High Profile Funds Bet on a Recovery
Graph ItNEW!Tuesday, November 22nd, 2011 by Trefis Team
News Corp’s (NASDAQ:NWS) stock has recovered to some extent after its phenomenal dip around July and August resulting from the hacking scandal which led to shut down of News of The World, as well as broader market fall due to economic woes in U.S. and Europe. Nevertheless based on the events from the last couple of weeks, it appears that the company is still battling with its tarnished image and stock may still remain suppressed. However, some institutional investors feel that News Corp may be a good buying opportunity now and are perhaps placing their bets on the expectation that once the hacking scandal subsides, the stock will recover. News Corp is a diversified media company that competes with other media conglomerates such as Disney (NYSE:DIS), Viacom (NYSE:VIA), Time Warner (NYSE:TWX) and CBS (NYSE:CBS).
Telecom & Media Notes: Verizon, Sprint, Dish, Viacom, AT&T & News Corp.
Graph ItNEW!Friday, July 1st, 2011 by Trefis Team
The Top 4 Sources of Value for News Corp
Graph ItNEW!Tuesday, May 24th, 2011 by Trefis Team
News Corp (NASDAQ:NWS) is a heavily diversified conglomerate with businesses ranging from filmed entertainment, cable networks and broadcasting to newspaper and magazine publishing. It competes with other media companies like Disney (NYSE:DIS), Viacom (NYSE:VIA), CBS (NYSE:CBS) and Time Warner (NYSE:TWX). Given the presence of several businesses under News Corp’s banner, we take a look at the company’s top 4 most valuable divisions.
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Will Netflix Enter the UK?
Graph ItNEW!Wednesday, May 4th, 2011 by Trefis Team
Netflix (NASDAQ:NFLX) is enjoying rapid expansion riding on the popularity of DVD-by-mail and online streaming. In March, we wrote Are Netflix’s International Ambitions Justified & Achievable? where we looked at whether market saturation was a significant risk for Netflix and if international expansion could help provide an additional source of subscriber growth. Netflix has signaled that it plans to expand abroad, and we believe that the UK could be high on the list of new markets in addition to Latin America.
We recently upgraded our price estimate to $153 as a result of continued subscriber growth momentum reported in Q1 2011; however, our estimate still stands around 30% below the market price. Netflix competes with Apple’s (NASDAQ:AAPL) iTunes and Hulu as well as video on demand (VoD) services from pay-TV providers like Comcast (NASDAQ:CMCSA), Time Warner Cable (NYSE:TWC) and others.
Viacom Pulls Channels from iPad App Raising Stakes in the Streaming Standoff
Graph ItNEW!Thursday, April 7th, 2011 by Trefis Team
Viacom (NYSE:VIA) was one of the content owners that pulled its channels from Time Warner Cable’s (NYSE:TWC) iPad app recently. This combined with its changing stance regarding Hulu points to the growing friction between content owners and those companies involved in distribution through new streaming platforms like Netflix (NASDAQ:NFLX), Hulu and now tablets. As the landscape changes for delivering content, we expect to see Viacom along with competitors like News Corp (NASDAQ:NWS), Time Warner (NYSE:TWX) CBS (NYSE:CBS) and Disney (NYSE:DIS) position for a greater share of the revenues and benefit from providing content to through these new channels.
What Harry Potter and the Deathly Hollows Part 2 Means to Time Warner
Graph ItNEW!Thursday, March 31st, 2011 by Trefis Team
Warner Brothers, Time Warner’s (NYSE:TWX) movie entertainment arm, is going to launch part 2 of Harry Potter and the Deathly Hollows in 3D during 2011. We take this opportunity to estimate the value of such movies from Time Warner’s perspective. Time Warner competes with Viacom (NYSE:VIA), News Corp (NASDAQ:NWS), CBS (NYSE:CBS) and Disney (NYSE:DIS) in the media and entertainment business.
Why CBS Pulled Content from Netflix
Graph ItNEW!Tuesday, March 29th, 2011 by Trefis Team
CBS’ (NYSE:CBS) recent decision to pull back some of its streaming content from Netflix’s (NASDAQ:NFLX) library comes at a surprise to the rental company. Although Netflix has moved into offering its own content, CBS still competes more directly with companies like Disney (NYSE:DIS), News Corp. (NASDAQ:NWS), Time Warner (NYSE:TWX) and Viacom (NYSE:VIA). So what value does CBS see in pulling its content?
Shift to Digital Content: A Right Move by News Corp
Graph ItNEW!Friday, March 18th, 2011 by Trefis Team
News Corp. (NASDAQ:NWS) competes with other media conglomerates like Disney (NYSE:DIS), CBS (NYSE:CBS), Time Warner (NYSE:TWX), Viacom (NYSE:VIA) and New York Times (NYSE:NYT) in the media and entertainment business.
News Corp : All Articles
- Week of 2012-01-22
- Week of 2012-01-08
- Week of 2011-11-20
- Week of 2011-06-26
- Week of 2011-05-22
- Week of 2011-05-01
- 05/04/11 Will Netflix Enter the UK?
- Week of 2011-04-03
- Week of 2011-03-27
- 03/31/11 What Harry Potter and the Deathly Hollows Part 2 Means to Time Warner
- 03/29/11 Why CBS Pulled Content from Netflix
- Week of 2011-03-13
- 03/18/11 Shift to Digital Content: A Right Move by News Corp
- 03/15/11 News Corp Saying Good Riddance to Myspace
- Week of 2011-03-06
- Week of 2011-02-27
- Week of 2011-02-20
- Week of 2011-02-06
- 02/08/11 News Corp Broadcasting Margins Improve, Supporting $23 Stock Value
- 02/07/11 Comcast-NBC Deal Could Weigh on News Corp’s Cable Programming Profit Margin
- Week of 2011-01-30
- Week of 2011-01-23
- 01/27/11 Are Social Networks Stepping on Media Conglomerates’ Turf?
- 01/25/11 Impact of Avatar Sequels on News Corp Stock
- 01/23/11 Trefis Picks of the Week for Telecom, Media, Technology & Retail
- Week of 2011-01-16
- 01/20/11 Internet Traffic at NYTimes.com Could Accelerate
- 01/18/11 Disney Could Spark Recovery in Box Office Market Share with Pirates of the Caribbean Releases
- 01/18/11 Could Comcast-NBC End Up Like Time Warner?
- Week of 2011-01-09
- 01/14/11 Comcast-NBC Deal, What is Comcast’s End Game?
- 01/12/11 Viacom’s Home Entertainment Struggles May Be Temporary
- 01/11/11 $1 Billion MySpace Valuation Highlights Facebook’s Dominance, But News Corp Stock Still Cheap
- Week of 2011-01-02
- 01/06/11 Impact on CBS if Pandora Becomes the Biggest Threat to Radio
- 01/05/11 TV Everywhere – Time Warner Cable’s Solution to Cord Cutting?
- 01/04/11 Huffington Post Worth More Than NY Times Online as a Standalone Business
- 01/02/11 Dissecting Disney’s Spend by Product Line
- Week of 2010-12-26
- 12/31/10 News Corp’s BSkyB Deal to Grow Satellite Operations, Small Impact on Stock
- 12/30/10 NFL Fuels Disney’s ESPN Engine
- 12/28/10 Google TV Could Threaten Key Revenue Streams for Broadcast Networks
- Week of 2010-12-19
- 12/23/10 TWC and Sinclair Dispute Highlights Rising Costs for Cable Business, Downside for Stock
- 12/23/10 WSJ Holds its Ground, Positions News Corp for Growth
- 12/20/10 Cable and Broadcast Networks Looking More Alike
- Week of 2010-12-12
- 12/15/10 Upside to CBS from Viewership Strength
- 12/14/10 How Much Can Disney Gain from Netflix Deal?
- Week of 2010-12-05
- 12/08/10 Impact of 2 Disney Movies Hitting $1 Billion in 2010
- 12/07/10 Costs for Disney’s Shanghai Park a Concern
- Week of 2010-11-28
- 12/02/10 Disney’s Full Tank of Gas with Upcoming Cars Release
- 12/01/10 CBS Publishing Unit: E-Books Are The Future
- 11/30/10 News Corp’s Fox Studios Signs Blockbuster Rental Deal
- Week of 2010-11-21
- Week of 2010-11-14
- Week of 2010-11-07
- Week of 2010-10-24
- Week of 2010-10-03
- Week of 2010-09-19
- Week of 2010-09-12
- 09/16/10 WSJ’s Ad Revenues Expected to Grow
- Week of 2010-09-05
- Week of 2010-08-29
- Week of 2010-08-22
- 08/23/10 Slower Growth Expected for Disney Consumer Products Revenues
- 08/23/10 Disney Needs 30% Annual Revenue Growth from Playdom
- Week of 2010-08-15
- 08/20/10 Lower Fee per HBO Subscriber Expected for Time Warner
- 08/19/10 Film Business Could Lift News Corp Stock by 5%
- 08/18/10 Lower Viacom Share of DVDs Sold in US
- Week of 2010-08-01
- Week of 2010-07-25
- 07/27/10 ESPN Crucial for Disney’s Success
- Week of 2010-07-11
- 07/13/10 Positive Margin Outlook for CBS after Steep Declines
- 07/12/10 Hulu Plus Not an Immediate Threat to Netflix
- Week of 2010-05-09
- Week of 2010-04-25
- 04/29/10 Video Ads the Future of Yahoo, New York Times and News Corp’s WSJ
- 04/26/10 CBS, ABC or Fox: Which Broadcasting Network is More Valuable?
- Week of 2010-04-18
- Week of 2010-04-11
- 04/16/10 People Magazine Worth 5% of Time Warner’s Stock, 2x More than TIME Magazine
- 04/14/10 Time Warner’s Stock Depends on Modest Subscriber Fee Growth for TNT Channel
- 04/12/10 Disney’s CapEx Rivals that of Time Warner, News Corp and Viacom Combined
- Week of 2010-04-04
- 04/09/10 Wall Street Journal is About 5% of News Corp’s Stock
- 04/08/10 US Box Office Ticket Price Hikes Hardly Matter to Viacom’s Stock
- Week of 2010-03-14
- 03/19/10 Rising CNN Viewership Helps Time Warner’s Stock
- 03/15/10 MySpace is Losing Talent and Growth is Slowing. How Much Should News Corp Care?
- Week of 2010-03-07
- Week of 2010-02-28
- Week of 2010-02-21
- Week of 2010-02-14
- Week of 2010-02-07