An investment in its offspring, Altaba, offers a high reward if management can reduce its tax liability, and it has limited downside.
NYS Entity Status
NYS Filing Date
DECEMBER 26, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - LOUIS MEDIA LIMITED LIABILITY COMPANY
AROUND THE WEB
- Finally, Something Good From Yahoo
Sunday Jul 2, 2017
- Vietnam, Scarlett Johansson, Putin part of PBS' new season
Wednesday Jul 12, 2017
The genealogy series "Finding Your Roots with Henry Louis Gates Jr." is returning Oct. 3.Besides Johansson, celebrities who will learn about their ancestors include Aziz Ansari, Bryant Gumbel and Garrison Keillor.1 and including the musicals "She Loves Me" and "Holiday Inn"; a tribute to famed producer-director Harold Prince; and Tony Award winner Kevin Kline in a revival of Noel Coward's "Present Laughter."
- Woody Allen’s ‘Wonder Wheel’ set to close NY Film Festival
By Deadline - Tuesday Jul 25, 2017
The film will go into limited release December 1.
- Why media companies struggle to meet the demand for great storytelling
Thursday Aug 17, 2017
Avid CEO Louis Hernandez Jr. talks to MarketWatch about the harsh realities of economic change that the media industry faces, as it undergoes digital transformation.
- NY Times sees jump in digital subscription revenue
By Reuters - Thursday Jul 27, 2017
The New York Times said on Thursday its digital subscription revenue overtook print advertising revenue for the first time — a key milestone in the 166-year old publisher’s efforts to transform itself into a digital media powerhouse. The company’s shares rose as much as 7 percent to their highest since the 2008 financial crisis as...
- Pennsylvania insurer’s collapse could hit Californians in wallet
By Chad Terhune - Friday Aug 11, 2017
Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up.[...] failures are rare, but when they happen, other companies are responsible to help pay claims and protect policyholders through groups known as state guarantee associations.In these situations, long-term care coverage is treated as health insurance, so health insurers are liable for the payments — and some are disputing that.Industry analysts estimate that Penn Treaty has long-term claims liabilities approaching $4 billion, but only about $700 million in assets.Health insurers can pass along those costs by imposing premium surcharges, or they can shift the burden to taxpayers by paying less in state premium taxes.Anthem, the nation’s second-largest health insurer, estimates it will pay $253.8 million to cover its portion of claims.Most state guarantee associations will provide up to $300,000 for each policyholder who files a claim, but the limits vary by state.In California, more than 130,000 people who bought long-term care policies from the state workers’ retirement system received 85 percent rate hikes in recent years.Virtually all of the health insurance companies, especially the big ones, have never sold long-term care insurance,” Belth said, “so they are not appreciative of being assessed.