Tag Archives: dis

Disney casts spell on Apple, Google for video playback

Like the happy ending to a fairy tale, Walt Disney Co. (DIS) has gotten rivals Apple and Google to play nicely together. Apple (AAPL) and Google (GOOGL) have agreed to play Disney movies purchased from either of their online stores on each other’s devices. For example, someone can now buy “Frozen” from the Google Play download store, then play the movie on an Apple iPad or iPhone, the Wall Street Journal reported Tuesday. The agreement took effect Tuesday and covers movies that people register with the Disney Movies Anywhere app. Previously, movies and TV shows purchased from the Apple iTunes store were limited to playback on Apple’s iOS devices, as well as Mac and Windows computers. Google had similar restrictions for its Google Play store and Android devices. With Disney Movies Anywhere, consumers can get access to more than 400 digital titles from Disney, Pixar and Marvel…

Media Stocks Seen Gaining From Content Demand

Media and entertainment companies will gain from growing content demand by Internet video providers as well as traditional broadcast TV, says investment bank Jefferies, which on Thursday initiated coverage on the sector. Jefferies analyst John Janedis started coverage with buy ratings on CBS (CBS), Walt Disney (DIS), Twenty-First Century Fox (FOXA), Time Warner (TWX) and Viacom (VIA). “Despite emerging threats to the business model, we believe

Aereo Loses Supreme Court Ruling; Media Stocks Rise

The U.S. Supreme Court, in a 6-3 decision, ruled that startup Aereo’s TV-over-Internet service violated broadcasters’ copyrights, a big win for broadcasters that sent shares of CBS and other media companies rising. CBS (CBS) stock was up 5% in early trading in the stock market today. Shares of Walt Disney (DIS), which owns ABC, and Twenty-First Century Fox (FOXA) were up more than 1%. A victory by Aereo could have endangered retransmission fees,