#BoxOffice #CloudComputing #RevenueOpps #MGM #AMAZON $AMZN MGM (a private company) is set to move all of its content to Amazon’s (NASDAQ:AMZN)cloud and use the tech giant’s software to modernize its media supply chain. Metro Goldwyn Mayer has signed a cloud computing agreement with Amazon Web Services to move its content and distribution efforts to the […]
#cash #discount #stock #entertainment $CMCSA Comcast (NASDAQ:CMCSA) has a history of success and stability, so we might expect this blue chip stock to trade for at a high valuation, that is not the case. CMCSA is trading for just 14X F-Y 2019’s adjusted earnings per share. On 26 May the stock broke out at 39.52 and confirmed […]
#boxoffice #movie #theater #coronavirus #valuations #Hollywood #stocks #studios $AMC $DIS $CMCSA $CNK $MCS $IMAX Cinema giants have seen their market valuations hammered this year. The shutdown of circuits due to the C-19 coronavirus chaos resulted mass closings, release delays, liquidity concerns and a premium VOD disputes. Despite a controversy about face mask requirements, things seemed to be looking up […]
$AMC $CNK $RDI AMC Theatres (NYSE:AMC) says it will reopen its 630+ US theaters until there is new Hollywood product about to roll out. The 1st Summer studio film currently on the calendar is Christopher Nolan’s Tenet on 17 July, followed by Mulan a wk later on 24 July. The company’s comment comes several days after the National Association […]
$DIS, $SNE, $LGF, $TWX, $CMCSA, $FOX FlASH: Combined US ticket sales were down sharply, worst Presidents Day weekend in at least 14 years. Wall Street, and industry observers struggle with a downturn at the North American box office following a record-shattering Y 2018. Revenue for the 1st 7 weeks of y 2019 hit an 8 […]
Trump Ally In, Harvey Weinstein Out at TWC $DIS, $CLNS Disgraced mogul Harvey Weinstein has resigned from the board of The Weinstein Co. TWC is not saleable to a public media company now, PR is unbearable Tuesday, the Board members convened in NYC to ratify Harvey Weinstein’s termination and to vote on a rescue plan […]
Mega-Producer, The Weinstein Company, Shunned by Peers $CLNS, $DIS, $GS, $AGO, $AMCX The Weinstein Company (TWC) has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said late Monday, as the film production company looks for stability after firing co-founder Harvey Weinstein the resignation of the majority […]
74th Edition of International Venice Film Fest Opens Some 73 feature films, of which 21 are competing for the Golden Lion Award, plus 16 short films and 31 projects of virtual reality, are to be viewed by film fans at this year’s International Venice Film Festival. These are some of the figures marking the Y […]
Box Office: ‘Rogue One,’ ‘Hidden Figures’ Each Take $22-M $DIS, $FOXA, $CMCSA, $LGF, $SNE ‘Underworld: Blood Wars’ underwhelms in its debut as a major Winter storm strikes the Deep South and Northeast, as Disney’s (NYSE:DIS)’Rogue One’ races past the $900-M mark globally. Rogue One, which has stayed at No. 1 since its 6 December open. […]
Film Maker Tim Burton Leaves His Prints at Chinese Theatre in Hollywood Director/producer/writer Tim Burton, 58 anni, whose films have ranged from adventurous to artistic to frightening, put his hands and feet today into the cement in the forecourt of the TCL Chinese Theatre in Hollywood on Thursday. The ceremony comes ahead of the planned […]
Imax Home Premier (NYSE:IMAX), the $10-K Secure Set-Top Box $IMAX Imax Private Theatre is being marketed to the growing number of high-net-worth individuals in China and the Middle East. Viewers get the highest-quality cinematic experience available, and they will also be able to watch new releases just as they open in theaters, this is a radical development for Hollywood. Imax […]
LTN Looks At US Entertainment Giant’s Quarterly Earnings $CMCSA, $DWA, $DIS, $FOX, $TWX, $VIA, $CBS, $SNE Strong advertising trends and signs of improved pay TV subscriber momentum will be Key trends when big Hollywood report their latest Quarterly earnings over the next 1 weeks, according to Wall Street analysts. And that could mean that film […]