Posts by: Steve Birenberg
The Wall Street Journal wrote a damning and extremely damaging article about one of Northlake's long positions. The story on American Apparel (APP) appeared on the front page of the…
I remain long Disney across Northlake client accounts including my own accounts. Down just 3%, the shares have acted fairly well this year compared to many other media investments, particularly…
Time Warner (TWX) shares are down 10.8% so far this year, lagging most other large cap media stocks. News Corp (NWS) is down 6.1%, Disney (DIS) is down just 3.7%,…
Controversy about monetization of revenue and profits at MySpace has held back shares of News Corp so far this year despite outstanding December quarter earnings, increased guidance for the fiscal…
Apple has staged a strong recovery, rising 33% from its 2008 intraday low in late February. The beta effect during the recent rally certainly has helped but continuing good news…
With all the writing I do on the movie business, sometimes I fear that I miss the big picture. Weekly box office or holiday DVD sales can be important factors…
Merrill Lynch has put out the latest edition of its quarterly report on pricing trends in travel industries. I summarized this report last quarter because it think it offers insights…
Northlake's Market Cap model shifted from Mid Cap to Large Cap for April. As a result, I sold all client positions in the S&P 400 ETF (MDY) and swapped into…
Last Friday, the Newspaper Association of America released its 4Q07 and full year 2007 advertising expenditure data. Not surprisingly, the NAA titled its press release, "Online Advertising Jumps 19 percent…
The upfront TV advertising market will kick off in May as usual despite dire protestations during the writer's strike that it would be a casualty of a new post-strike business…
follow me on Twitter