SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 27, 2011 08:16 ET

News Corp and Time Warner Boost Shareholder Return as Weak Economy and Scandals Weigh on Shares

Paragon Report Provides Equity Research on News Corp and Time Warner

NEW YORK, NY--(Marketwire - Sep 27, 2011) - The Paragon Report examines the outlook for the Entertainment - Diversified Sector and provides equity research on News Corp (NASDAQ: NWSA) and Time Warner Inc. (NYSE: TWX). Access to the full company reports can be found at:

Companies focused on traditional forms of entertainment -- newspapers, television, etc. -- are facing increasing pressure from digital platforms for both television and traditional print media. As tablet PCs, eReaders, and internet streaming all gain a more prevalent place in the way media consumers take in content, companies throughout the sector have been forced to evolve their offerings.

As a stagnant economy, and changing competitive landscape crimps growth in the sector, one of the primary allures that remains is shareholder return in the form of dividends and share buybacks. Time Warner currently pays a dividend of 94 cents annually for a yield of around 3.3 percent. The company recently spent $863 million on share repurchases in the second quarter alone, or 11.5 million shares of common stock.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Entertainment - Diversified Sector register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

News Corp currently pays a modest annual dividend of 19 cents a share for a yield of around 1.2 percent. News Corporation is suffering severe scrutiny this year in the aftermath of allegations of hacking and breach of privacy, including illegal access to the bank account details of former Prime Minister Gordon Brown and the medical records of his son.

Last week Reuters reported that the board of News Corp was threatened with legal action in the United States by a British lawyer acting for phone-hacking victims, potentially opening a new legal front against the company. Mark Lewis, who represents the family in the high-profile British case of murdered schoolgirl Milly Dowler, said on Friday he held talks with lawyers in New York about seeking depositions, potentially against the entire board, which he thought would include Rupert Murdoch and his son James.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at