The popular press (cover of Entertainment Weekly’s Best of Summer Issue), the social mediasphere (Twitter), and even some courtroom press today (click here) are building buzz heading into the return of MTV’s Jersey Shore franchise on July 29th at 10 pm (trailer embedded below). Just 12-18 months ago, everyone thought MTV was “dead,” with its…
We firmly believe 3D ticket price premiums need to come down, as the “novelty” of 3D is wearing thin, especially with the uneven quality of 3D movies (consider Avatar vs. Last Airbender) being released by Hollywood. As we discussed in our 6/21 blog post, click here, Toy Story 3, received incredible reviews (100% among Rotten…
We initiated coverage of NII Holdings with a Buy rating and $46 price target. NII Holdings is an attractively valued growth stock with an enterprise value that is 4.6x our 2010 EBITDA estimate despite the 25% growth expectation. We believe upcoming catalysts can outweigh the current volatile macro-economic environment and persistent technology concerns. Click here…
After using Hulu Plus extensively last night on a PC, Mac, iPad and iPhone in addition to receiving dozens of questions from investors, here is what you need to know about Hulu Plus and its implications for the online video landscape (Hulu Plus is offering access on a controlled basis with plans to go fully…
Fox has syndicated two of its most exciting new shows, Modern Family and Glee (Deadline.com broke the story earlier today). Price points paid for both by cable networks (USA and Oxygen, respectively) are quite strong and it is not yet clear whether there will be additional revenue from syndication sales of each show to local TV stations. Despite…
News Corp.’s New York Post quietly launched an iPad application on June 5, 2010 (click here), called New York Post PIX. The photo-based app is currently #17 in the News category within the iPad app store (obviously includes photojournalism). While ad dollars from a photo app are not going to drive the NY Post to…
We continue to believe investors are underestimating the earnings power from the combination of (1) an upturn in Disney’s content cycle, (2) the leverage from a rebound in theme park visitation (Disney has reduced discounting and is benefiting from a surge in Orlando visitation related to Universal’s new Harry Potter park) and (3) strong ratings…
“Mobile video.” That was Dan Hesse’s (Sprint’s CEO) concise response to CNBC’s David Faber’s question today on what is better about 4G than what other wireless service providers provide. However Sprint’s only 4G phone, the HTC EVO, is not able to download a movie or TV show to the phone’s memory while it is…
Insight. Privately-held (has public debt only) Insight Communications, is in the debt markets today trying to raise $400 mm of high-yield debt to finance a $300 mm dividend to its shareholders, with the remaining $100 mm of proceeds used to repay its existing revolver. Insight’s leverage on an LTM basis (as of Q1 2010, adjusted…
Listening to the classic Beatles song, Here Comes the Sun, during the Sky Italia rebranding video (embedded below), we could not help but think of the irony as Sky Italia not only adopts BSkyB’s look today, but Sky Italia is also set to become far more integrated with BSkyB following News Corp.’s in-process buy-in of…
You must be logged in to post a comment.