NTL Incorporated (NTLI) reported mixed 3Q results yesterday. I feel the details are worse than the optimistic tone management had used during several recent Wall Street appearances but I understand why the market did not seem concerned. NTLI reported flat revenue growth and low single digit growth in EBITDA in its core consumer cable operations. […]
Disney (DIS) is expected to report strong 4Q06 earnings to wrap up its fourth consecutive year of double digit EPS growth. EPS are expected at 33 cents on revenues of $8.69 billion. The EPS comparison would represent growth of 43% against an easy comparison a year ago when $300 million in losses were recognized at […]
I see little impact from Q06 results from Cablevision (CVC), either on CVC or on the broader cable industry. The company’s results were very close to consensus estimates with revenues rising 13% and EBITDA rising 16%. Subscriber metrics look a little below expectations for high speed data and digital TV but analysts didn’t seem too […]
The launch of a newspaper industry ad buying marketplace by Google (GOOG) is an interesting development. Studies have shown that newspapers only reach a fraction of the potential advertisers within their geography. I read one study that said it was as low of 20% of potential advertisers. Most of the advertisers that aren’t using newspapers […]
Whenever something new and unusual comes along in business, it is easy to claim that it is an industry changing event. The of Borat is already spawning such talk. One thread of the discussion centers on whether Hollywood will now turn to “mocumentaries” or TV to movie crossovers. A second thread is whether the success […]
Tomorrow, I expect Central European Media Enterprises (CETV) to report another strong quarter in its seasonally weak 3Q. Romania and Ukraine will again be the growth engines but the big story will be the turnaround at TV Nova in the Czech Republic. In 1H06, CETV reset expectations and initiated a new strategy at Nova designed […]
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