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Mass media company $CBS said that adverting continues to benefit from a strong scatter marketplace. With the Super Bowl 50 and Presidential election, the company expects 2016 will be a very good year for advertising. The company said that international licensing has surpassed $1.5Bil and it continues to grow.
$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.