Aug. 12, 2013, 6:44 AM| Comment!
Aug. 8, 2013, 10:11 AM
- It's been over 38 years since Jaws debuted, but shark-themed movies and TV shows still perform surprisingly well.
- Discovery Channel's (DISCA) Shark Week debuted a few days ago with over 4.8M viewers and is still going strong.
- The SyFy (CMCSA) sensation Sharknado is hitting theaters for midnight showings and a sequel is already planned based on the premise of sharks in NYC.
Aug. 6, 2013, 12:29 PM
- Pay TV providers as a group reported a loss of 360K subscribers in Q2 compared to a year ago, according to Moffett Research. Though the drop isn't earth-shattering, it does show that cord-cutting isn't a myth.
- Q2 Pay-TV subscriber growth: Cable (CMCSA, TWC, CVC, CHTR) -3.1%; Satellite (DISH, DTV) +0.2%; TelCo (T, VZ) +16.4%.
Aug. 5, 2013, 1:41 PM
- A collapse of the bundled channel model would seemingly leave program providers such as Viacom (VIAB), Discovery Communications (DISCA), Scripps Networks (SNI), and AMC Networks (AMCX) out in the wild as fees could rise and fall more abruptly as hit shows come and go.
- Disney's (DIS) claims nothing could knock ESPN off its high horse (and high carriage fees) - but with NBC (CMCSA), 21st Century Fox (FOXA), and CBS (CBS) needing high-profile sports events on their schedule, the cost of future licensing deals could soar.
- Don't forget about Netflix (NFLX). Along with +30M subscribers in the U.S., even old-school cable stalwart Dolan admits he is a fan of the streaming service. Disruption in the cable/satellite market could lead to some cord-cutting and extra subscriptions for Netflix and Amazon (AMZN) Prime.
Aug. 5, 2013, 8:17 AM
- Reports that the U.S. might boycott the 2014 Sochi Olympics amid strained U.S.-Russia relations appear to be overstating the tenor coming from Washington D.C., according to analysts. Though politicians such as Senator Lindsey Graham are making a lot of noise over the antics and policies of Vladimir Putin, the odds of a boycott are remote.
- NBC (CMCSA) has sunk $775M intro purchasing the rights for the Winter Games and has a highly-vested interest in seeing the U.S. compete.
Aug. 2, 2013, 8:32 AM
- Lines are being drawn in the Senate over Sen. John McCain's bill to force cable and satellite operators into serving up a la carte programming.
- Broadcast networks (DIS, FOXA, CMCSA, CBS, AMCX, TWX) and TV station operators oppose a la carte, while some cable/satellite operators (DTV, DISH, TWC) support it as they look at the bill as a way to lower carriage fees.
- Despite all the noise from both sides, the bill is given little chance of even moving to the House and President Obama hasn't even offered an opinion on the issue.
Jul. 31, 2013, 3:21 PM| Comment!
Jul. 31, 2013, 11:05 AM
- Comcast (CMCSA +5.7%) says theme park sales rose 1.1% in Q2 to $546M as the sector continues to see steady pace of growth in traffic and guest spending. The YTD pace of 5.9% growth better reflects the shift of a major holiday to Q1 this year.
- Sector watch: Six Flags (SIX +0.1%), SeaWorld (SEAS +0.5%), Cedar Fair (FUN +0.5%), and Disney (DIS +1.3%) have seen much of the same consistent theme park growth this year - although Q3 will be closely watched to see if the tragic death of a park visitor at Six Flags had any impact on traffic.
Jul. 31, 2013, 7:55 AM
- Revenue for NBCUniversal up 8.9% to $6B with Filmed Entertainment and Cable Networks businesses putting in a solid quarter.
- Sales for Cable Communications gained 5.8% to $10.5B, led again by high-speed Internet and growth in business services. The combined tally of video, high-speed Internet, and voice customers was 52.1M, up 3.1% Y/Y.
- Comcast (CMCSA) reports free cash flow rose 25.4% to $1.9B during the quarter.
- CMCSA +2.8% premarket.
Jul. 31, 2013, 7:02 AM
Jul. 31, 2013, 12:05 AM| Comment!
Jul. 30, 2013, 5:30 PM| Comment!
Jul. 30, 2013, 2:50 PM
- NBC (CMCSA) landed advertising rates 7% to 8% higher than last year for the upcoming TV season. The $2.1B lined up for prime-time shows is up 15% Y/Y.
- CBS (CBS) worked out a 6%-7.5% increase for upfront ad sales and had the largest overall take with $2.6B reeled in for prime-time commitments.
- Fox (FOXA) hauled in $1.8B for its 15 hours of prime time programming, while ABC (DIS) is still out filling up its ad inventory.
Jul. 28, 2013, 12:27 PM
- 20th Century's (FOXA) The Wolverine, the sixth installment of the X-Men franchise, pulled in $55M in weekend ticket sales. The opening fell short of analyst expectations; they predicted a $65M take. 2009's X-Men Origins: Wolverine debuted to $85M.
- Warner Bros.' (TWX) The Conjuring was second with $22.1M
- Universal Pictures' (CMCSA) animated film Despicable Me 2 was third with $16M in weekend sales (Reuters)
Jul. 26, 2013, 11:45 AMRegal Cinemas (RGC -1.7%) says it will host midnight shows of Sharknado at theaters across the country after the Syfy (CMCSA) movie became an instant online phenomenom after debuting two weeks ago. The company thinks the movie - which in a nutshell is about a tough day in L.A. that sees sharks rain down annoyingly from a tornado - can become a cult hit similar to the Rocky Horror Picture Show which reigned supreme in the midnight hours for decades. | 1 Comment
Jul. 26, 2013, 10:22 AMWould you pay $30 a month to watch ESPN? That's the figure derived by Needham in a report it issued studying what would happen if an a la carte system was adopted in the cable/satellite industry. According to industry executives, Disney's (DIS) sports juggernaut is holding the pay-TV model together and consumers would get slammed with higher fees and less choices if a la carte became a reality. What to watch: ESPN earns the highest carriage fees in the industry at $5.54 per subscriber, but NBC (CMCSA) and 21st Century Fox (FOXA) are trying to break up the network's dominance. | 11 Comments
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