By John M. Higgins -- Broadcasting & Cable, 2/13/2004 6:36:00 AM
Shares of both Comcast Corp. and The Walt Disney Co. took a rest Thursday as the companies scrambled to harden their positions in Comcast’s hostile takeover bid for the entertainment giant.
Disney continued its pre-scheduled two-day financial conference in Orlando, aiming to convince investors that the company is faring better than they–and Comcast–have contended. Disney’s board met again Thursday, but didn’t disclose what they decided.
"We believe that the company’s performance in 2003, and the strong outlook for 2004 signal the beginning of the next period of growth for the company," Disney President Bob Iger told investors.
Board member George Mitchell sharply defended Chairman Michael Eisner, saying that calls to withhold votes for his reelection to the board are "wholly unjustified."
Disney didn’t continue Wednesday’s sharp rally on news of Comcast’s $66 billion bid, ticking up just 2%. Comcast executives spent much of the day lobbying institutional investors to rally support for their offer.
Created from the merger between Anystream and Voxant Media, Grab Networks offers a comprehensive video operating system and syndication network for profitably publishing video anywhere on the Internet. The system automatically manages, transcodes...
more
Digital Rapids is the leading provider of professional hardware and software tools, technology and expertise for bringing video to wider audiences and new viewing platforms. Continuing to set new standards in quality, productivity and versatility...
more
Akamai provides market-leading managed services for powering rich media, dynamic transactions, and enterprise applications online. Having pioneered the content delivery market one decade ago, Akamai's services have been adopted by the world's most...
more
At Trylon SMR, we are dedicated Public Relations professionals solely serving clients in the media, technology, telecommunications, and related industries. We understand the specialized types of audiences our clients need to reach and the best...
more
A leader in online technology, content & revenue solutions, WorldNow is the only company to provide comprehensive technology platforms & strategic advertising services, enabling media companies to expand to the digital realm with innovative Web...
more
In this week's edition of B&C Tech Talk, senior editor Glen Dickson talks about Scripps Television becoming the latest station group to consolidate its graphics operations with Chyron's Internet-based Axis system
