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Tag: Lions Gate Entertainment

  • Fox, Viacom & WWE — entertainment stocks on investors’ radar

    MUMBAI: Stock-Callers.com has initiated research coverage on four Diversified Entertainment companies, namely: Twenty-First Century Fox Inc., Viacom Inc., Lions Gate Entertainment Corp., and World Wrestling Entertainment Inc. The Entertainment Industry is a constantly evolving group that mainly comprises television networks and station owners, which are typically involved in programming and production of content. Learn more about these stocks by downloading their comprehensive and free reports at:

    Twenty-First Century Fox

    New York headquartered Twenty-First Century Fox Inc.’s shares finished Friday’s session 2.03% lower at $27.94. A total volume of 29.19 million shares was traded, which was above their three months average volume of 8.53 million shares. The stock has gained 0.23% on an YTD basis. The Company’s shares are trading above their 200-day moving average by 0.19%. Moreover, shares of Twenty-First Century Fox, which together with its subsidiaries, operates as a diversified media and entertainment company in the US, the UK, Continental Europe, Asia, Latin America, and internationally, have a Relative Strength Index (RSI) of 30.99.

    On May 08th, 2017, Twenty-First Century Fox announced the appointment of Melody Hildebrandt to the role of Global Chief Information Security Officer. In this role, Ms. Hildebrandt will oversee the protection and risk management for enterprise communications, technologies, and assets for 21CF. She joins the Company from Palantir Technologies, where she served as executive vice president and directed the cybersecurity practice. Her appointment is effective on June 01st, 2017.

    On May 11th, 2017, research firm Rosenblatt upgraded the Company’s stock rating from ‘Neutral’ to ‘Buy’. FOXA complete research report is just a click away and free at:

    Viacom

    Shares in New York headquartered Viacom Inc. ended the day 0.26% higher at $34.61 with a total trading volume of 4.39 million shares. The stock is trading 12.96% below its 200-day moving average. Shares of the Company, which operates as media brand worldwide, have an RSI of 16.05.

    On May 05th, 2017, research firm RBC Capital Markets reiterated its ‘Underperform’ rating on the Company’s stock with a decrease of the target price from $35 a share to $30 a share.

    On May 10th, 2017, Viacom’s emerging entertainment technology group, Viacom NEXT, premiered an original virtual reality music experience for the song “Withdrawal” by Atlantic Records recording artist Max Frost at the 2017 Microsoft Build Developer Conference. The video harnesses cutting-edge Microsoft Mixed Reality Capture technology, bringing fans face-to-face with photorealistic holographs of Frost, who sings and plays multiple instruments simultaneously in an immersive, underwater environment.

    Lions Gate Entertainment

    Santa Monica, California headquartered Lions Gate Entertainment Corp.’s stock rose 1.63%, closing the session at $23.72. A total volume of 528,394 shares was traded, which was above their three months average volume of 488,870 shares. The Company’s shares have gained 1.89% in the last one month. The stock is trading 0.25% below its 50-day moving average. Additionally, shares of Lions Gate Entertainment, which engages in motion picture production and distribution, television programming and syndication, home entertainment, branded channel platforms, interactive ventures and games, and location-based entertainment in Canada, the US, and internationally, have an RSI of 54.96.

    On May 05th, 2017, Lions Gate Entertainment announced that it will release its Q4 and full year financial results for the fiscal year ended March 31st, 2017 after market close on Thursday, May 25th, 2017. Senior management will hold its analyst and investor conference call to discuss the Company’s FY17 financial results at 5:00 p.m. ET on that same day. Sign up for your complimentary research report on LGF-B at:

    World Wrestling Entertainment

    On Friday, shares in Stamford, Connecticut headquartered World Wrestling Entertainment Inc. finished the session 0.94% lower at $19.94. A total volume of 257,981 shares was traded. The stock has gained 9.02% on an YTD basis. The Company’s shares are trading above their 200-day moving average by 0.06%. Furthermore, shares of World Wrestling Entertainment, which engages in the sports entertainment business in North America, Europe, Middle-East, Africa, Asia/Pacific, and Latin America, have an RSI of 37.08.

    On May 04th, 2017, World Wrestling Entertainment announced financial results for its first quarter ended March 31st, 2017. Revenue for the quarter increased 10% to $188.4 driven by the Company’s Live Events, Network, and Television segments. The Company also reported net income of $0.9 million, or $0.01 per share; operating income of $4.0 million; and adjusted OIBDA of $18.6 million for Q1 2017. Get free access to your research report on WWE

  • The Hunger Games: Catching Fire collects $307.7 million in the opening weekend

    The Hunger Games: Catching Fire collects $307.7 million in the opening weekend

    MUMBAI: The Jennifer Lawrence starrer The Hunger Games: Catching Fire has set a new record after topping the weekend movie charts, setting the US and Canadian record for November ticket sales and hauling in a huge $ 307.7 million around the world. Catching Fire collected an estimated $ 161.1 million from Thursday night through Sunday in the United States and Canada, a first for the month of November.

     

    Playing in 65 markets around the world, the sequel to the hit The Hunger Games also grabbed $ 146.6 million in foreign sales through Sunday, reports distributor Lions Gate Entertainment.

     

    Fans of the franchise poured in large numbers to watch Jennifer Lawrence portray the heroine Katniss Everdeen, of Suzanne Collins’ young adult series, the skilled archer who becomes a symbol of hope for the oppressed citizen of the fictional country of Panem.

     

    The Hunger Games: Catching Fire begins with Katniss returning home after winning the 74th Hunger Games along with Peeta. However, it’s not over for them as the devious Capitol prepares for the 75th Annual Hunger Games – The Quarter Quell. As the victors get ready to participate in the Capitol’s latest shenanigans, elsewhere in the districts a rebellion is brewing – the inhabitants are growing more agitated everyday with the absolute tyranny of the Capitol.

     

    The first film of the series The Hunger Games earned $ 691.2 million worldwide in 2012.

     

    After the critical success worldwide, the movie is all set to release in India on 6 December, 2013 in more than 600 screens nationwide in English, Hindi, Tamil and Telugu.
     

  • Sweeney, Bodenheimer to deliver keynotes at Mipcom

    Sweeney, Bodenheimer to deliver keynotes at Mipcom

    MUMBAI: The upcoming television trade event Mipcom 2006 which takes place in Cannes from 9-13 October has announced four keynote speakers.

    This year’s conference programme is called Reshaping Media. The speakers include ESPN US president George Bodenheimer, Disney-ABC Television Group president Anne Sweeney, NBC Universal president, digital media and market development Beth Comstock and MGM chairman and CEO Harry Sloan.

    This year’s programme will focus on the changing landscape for traditional TV programming and the advertising business, film financing and distribution, as well as exploring the new opportunities offered by internet TV and mobile TV.

    Named the Most Powerful Woman in Entertainment by The Hollywood Reporter, one of the 50 Most Powerful Women in Business by Fortune and one of The World’s 100 Most Powerful Women by Forbes, Sweeney is responsible for Disney’s entertainment and news television properties globally. Under her guidance ABC went from strength to strength with shows like Desperate Housewives and Lost.

    At Mipcom Sweeney will share her vision of the future and the impact of digital on all forms of media. She will offer an insight on the changing landscape of television and evolving consumer demands.

    As part of a new conference focus at Mipcom 2006 highlighting new financing and distribution opportunities for film Sloan, will present the new invigorated MGM business strategy to hundreds of Mipcom delegates. A core business for MGM, Sloan will be addressing the new opportunities for cinema in television distribution, channel operations, home entertainment and new media. Sloan headed three media companies before joining MGM in October 2005. They were SBS Broadcasting, Lions Gate Entertainment and New World Entertainment.

    Comstock drives NBC Universal’s digital strategy and leads the company’s content and distribution efforts across new and emerging digital platforms. In her keynote speech, she will discuss NBC Universal’s 360 degree content approach to capitalise on opportunities in the digital age and strategy for success in this era of the pull consumer.

    Bodenheimer will be looking into the reasons and strategy behind the growth of the ESPN brand as part of the day’s spotlight on cross-platform and mobile content. Bodenheimer was named president of ESPN in 1998 and his focus on creativity and cutting-edge innovation has led the company to expand its brand to over 50 business entities.