Posts by: Steve Birenberg
I want to make sure everyone saw that Zenith Optimedia reduced its forecast for 2008 US advertising growth. Zenith presents its year ahead forecast each December at the UBS Media…
A whirlwind weekend had me all over the place so just a brief comment on another great weekend for the box office this morning. But first, major props to Providence,…
Dreamworks Animation (DWA) shares popped yesterday afternoon. I presume it was due to a report from Jessica Reif of Merrill Lynch which I received after the close. Jessica raised her…
APP reached agreement on a new amended credit agreement with its lead bank. Back in early June the stock took a dive on the day the company announced that negotiations…
The box office rose for the fourth consecutive weekend with the top 12 films up 9.7% according to BoxOfficeMojo.com. Every weekend in June has been up bringing the summer to…
Media stocks continue to act poorly. When I sold Northlake's positions in Disney and News Corporation on the last trading day in May I was beginning to see more evidence…
The weekend box office was strong again, up 25% vs. a year ago. Another good weekend brings the summer, which begins the first weekend in May in Hollywood, into positive…
An analyst I know well, Michael Morris of UBS, downgraded Dreamworks Animation (DWA) this morning driving the shares down more than 7%. I added a little to some smaller client…
I purchased Dreamworks Animation (DWA) across client and personal accounts near the open of trading on Monday. The purchase is intended as a "trading buy" which means I am expecting…
So far my sales of Disney has held up pretty well, down just a bit, while News Corp has fallen about 5%. Disney might be getting a boost from some…
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