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Morning Report, Wednesday July 16

Reports that Rupert Murdoch's 21st Century Fox was kicking the tires on merging with Time Warner merger sends TW stock soaring; Ron Howard to direct a Beatles docu about their 1960s rise; TV production in LA took a massive jump in Q2 2014. Dominic Patten reports.

Time Warner Shares Soar On Reports Of $80B Offer By Rupert Murdoch
Ron Howard To Helm Authorized Beatles Docu On British Invasion Years
FilmLA: TV Production Soars In Q2 As Features Stay Steady With 2013