Posts by: Steve Birenberg
Poseidon sunk the box office as the big budget film flopped, bringing in just $20 million and opening in second place. Poor performance from Poseidon was the primary cause for…
Viacom (VIAB) reported a solid quarter, which I would characterize as slightly above expectations. Viacom's good results follow better than expected results at Disney and News Corp, possibly a sign…
Well, that didn’t last very long! Newspaper and radio stocks soared on Monday in response to Jeff Smulyan's plan to take Emmis Broadcasting private. EMMS shares quickly went above the…
Results from Disney (DIS) look awfully good to me. EPS came in at 37 cents against consensus of 31 cents. I only see a 1 cent benefit from a lower…
NTL Incorporated (NTLI) reported 1Q06 earnings as expected including the hoped for acceleration in cost savings synergies from its merger with Telewest. Investors are responding favorably to the report and…
Viacom (VIAB) is expected to report weak 1Q06 results due to tough comparisons in 1Q05. Revenue growth is forecast at about 5% with EBITDA rising just 0-2%. Despite the weak…
Cablevision (CVC) shares are up sharply after the company reported better than expected 4Q05 results and announced 2006 guidance for its cable division that is above current analyst estimates. As…
Cablevision (CVC) should report another strong quarter before the open on Tuesday. Analyst are estimated growth in the mid to upper teens for revenues and EBITDA in the company's Telecom…
Despite a weaker than expected opening for Mission: Impossible III, the weekend box office rose 24% against easy year ago comparisons. Based on the data I use from BoxOfficeMojo.com, the…
Disney (DIS) reports its 2Q06 after the close on Tuesday. Consensus calls for 31 cents against 32 cents a year ago. DIS has forecast a backend loaded year leading to…