Posts by: Steve Birenberg
Apple reports 2Q08 earnings after the close on Wednesday, April 23rd. I'll be covering the conference call for RealMoney.com. Here is the preview I wrote for them which was published…
AT&T reported very solid 1Q08 results. Almost every key metric matched analyst estimates with the exception of wireline line loss which continues to accelerate. Guidance was restated and the numbers…
Disney announced a new production studio, Disneynature. The studio will produce major motion picture documentaries "about the world in which we live." The first film, titled "Earth," will be released…
Viacom, Lionsgate, and MGM announced that they will no longer sell their movies to Showtime (owned by CBS) and instead will launch a new, fourth pay TV channel. The announcement…
After falling year-over-year, often substantially for eight of the past nine weeks, the weekend box office offered a respite. Led by better than expected openings for the top two films,…
At the recent National Association of Broadcasters conference, one of the more popular topics was mobile TV. Mobile TV is the ability for consumers to watch live TV on their…
Central European Media Enterprises (CETV), recommended by Jim Cramer last Friday on Mad Money announced that it is acquiring two radio stations in Romania. Until this point, CETV has been…
New York Times reported terrible 1Q08 results. Adjusted EPS of 4 cents missed the consensus of 14 cents. Revenues of $748 million were a little short of the $752 consensus.…
Cable stocks have acted pretty well this year. Comcast is up a bit and Time Warner Cable is down slightly. Both have easily outperformed the S&P 500. The other large…
News Corporation shares traded down 4.6% on Monday in response to a downgrade from Bernstein Research analyst Michael Nathanson. Nathanson lowered his rating from outperform to market perform, cut his…