Despite a bullish fiscal second quarter, during which revenues spiked 10 percent to $7.42 billion, 21 st Century Fox issued a bearish forecast to investors.
Due to massive TV rights deals signed with the NFL, NBA and Major League Baseball, media conglomerates Fox and Disney are each looking at long-term sports licensing commitments approaching or exceeding $50 billion.
Cox Media Group pulled Fox affiliate WFXT-TV off Verizon FiOS on Thanksgiving amid an impasse on retrans renewal negotiations, leaving 400,000 of the pay-TV operator's customers in Boston and Rhode Island without NFL Football and other Fox programming.
A federal judge has issued a key tentative decision in favor of Dish Network in its court battle with Fox, ruling that the pay-TV operator's "Primetime Anytime" DVR feature does not infringe on the programmer's copyright.
Testing the legal limits of the U.S. Supreme Court's strike-down of subscription video on demand service Aereo, Fox is now challenging Dish Network's use of nine-year-old Slingbox technology.
Those who scoffed at the notion that the U.S. Supreme Court's ruling last week against Aereo was written too narrowly to affect other media technologies have been proven right--Fox is using the precedent in its two-year-old battle with Dish Network and its Hopper DVR.
U.S. programmers and wireless carriers will likely be paying close attention to a pilot test that KPN plans to kick off on March 20 in the Netherlands, where it will use its LTE network to deliver a package of 16 live TV network to subscribers using tablets and smartphones.
Walt Disney Co. is close to signing a broad carriage deal with Dish Network that would include terms that would see it drop a lawsuit it filed against Dish in 2011 aimed at forcing it to disable the ad-skipping technology in Dish's Hopper DVR, Bloomberg reports.
20 th Century Fox will own an 80 percent stake in YES Network by the end of the first quarter, under an agreement with the New York Yankees that it announced late Friday.
Eight Thursday-night games distributed by NFL Network may be simulcast on ESPN, Fox, CBS or NBC as soon as next season, Reuters reported Friday.