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On June 30, 2015, $DISCA sold its radio businesses in Northern Europe to Bauer Media Group for total consideration, net of cash disposed of $84MM. For 1H15, there was no income from continuing operations for $DISCA's radio businesses before income taxes which compared to a loss of $4MM in 1H14.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.
It is official, with $T buying $TWX, it looks like distributors want to own the content production too. Expect some good competition between Netflix ($NFLX), AT&T, Comcast ($CMCSA) and others. However, will this be good for the consumers will not be decided soon.
$NFLX a monster move, going up. Expect making some money on Monday.