Central European Media Enterprises (CETV) announced yesterday that it had sold 1.275 million shares at $86 for $110 million to Igor Kolomoisky and given him a seat on the Board of the Directors. Kolomoisky will own 3% of CETV, becoming the third largest shareholder after founder Ronald Lauder and private equity firm Apax Partners which […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-09-03 13:55:592026-03-17 16:59:23Central European Media Enterprises Attracts Important New Shareholder and Director
The summer box office ended with a bang with the best ever Labor Day weekend. Led by the latest edition of Halloween series, the box office for the top 12 films rose 21.6% over last year’s holiday weekend. Based on data from BoxOfficeMojo.com, ticket sales for the weekend should be the highest since at least […]
Earlier this week, Apple sent out invitations to a “special event” on September 5th. The invitation clearly signals iPod related announcements. The better websites in the Apple rumor mill are suggesting that the company will convert all iPods to flash, a new flatter and wider nano (presumably to offer better video capabilities), and touchscreen video […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-08-30 15:02:062026-03-17 16:59:23Apple iPod Event on September 5th
The weekend box saw another gain, rising 4.9% vs. a year ago, the 7th straight up weekend. Quarter to date the box office is now up 16.5% and the year-to-date gain is 7.7%. Gains should continue to moderate now that kids are back in school and studios are no longer releasing potential blockbusters. September is […]
Outside of ETFs, Northlake clients own only one stock that is not involved in media or telecom. The company, Endeavor Acquisition Corporation (EDA), is a special purpose vehicle that has agreed to purchase teen retailer American Apparel (AA). The deal was announced last December and is scheduled to close in the second half of 2007. […]
It seems appropriate to make a comment on the market following the sharp downside volatility over the past few weeks. However, to be perfectly honest, I think predicting the short-term is pretty much impossible at this point. My gut feeling is that six or nine months from now we will look back on this period […]
The box office continues to roar with the top 12 movies up 23% this past weekend. Last week marked the fifth straight up week and the weekend was up for the sixth consecutive time. Gains should moderate from this point forward as all the major releases are now in theatres. However,, gains should continue thanks […]
I have been waiting to round out long positions in Apple and build new positions for clients. SInce the stock brokedown and the market collapsed, I had been targeting $125 for Apple but decided to wait and with the stock decisively breaking that level I decided to make the move. I am optimistic about near-term […]
One of the things I have not stressed enough in my comments on the box office has been the strength of the international box office. According to Variety.com’s international weekend wrap-up, the non-US box office is up 20% year-to-day with summer gains exceeding those of the US. Unlike my domestic box office commentary which focuses […]
The sell-off since the S&P 500 and Dow Jones Industrial Average made all-time closing highs on July 19th has been broad. All the major indices I track are down between 7% and 11%. I track these indices looking for divergences in returns that might be a clue to where leadership is emerging and whether prior […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-08-15 13:56:332026-03-17 16:59:23Market Returns Since the All-Time Highs in July
Central European Media Enterprises Attracts Important New Shareholder and Director
Central European Media Enterprises (CETV) announced yesterday that it had sold 1.275 million shares at $86 for $110 million to Igor Kolomoisky and given him a seat on the Board of the Directors. Kolomoisky will own 3% of CETV, becoming the third largest shareholder after founder Ronald Lauder and private equity firm Apax Partners which […]
Summer Box Office Shows Finishing Kick
The summer box office ended with a bang with the best ever Labor Day weekend. Led by the latest edition of Halloween series, the box office for the top 12 films rose 21.6% over last year’s holiday weekend. Based on data from BoxOfficeMojo.com, ticket sales for the weekend should be the highest since at least […]
Apple iPod Event on September 5th
Earlier this week, Apple sent out invitations to a “special event” on September 5th. The invitation clearly signals iPod related announcements. The better websites in the Apple rumor mill are suggesting that the company will convert all iPods to flash, a new flatter and wider nano (presumably to offer better video capabilities), and touchscreen video […]
Summer Box Office Record Falls
The weekend box saw another gain, rising 4.9% vs. a year ago, the 7th straight up weekend. Quarter to date the box office is now up 16.5% and the year-to-date gain is 7.7%. Gains should continue to moderate now that kids are back in school and studios are no longer releasing potential blockbusters. September is […]
Strong Quarter Boosts American Apparel
Outside of ETFs, Northlake clients own only one stock that is not involved in media or telecom. The company, Endeavor Acquisition Corporation (EDA), is a special purpose vehicle that has agreed to purchase teen retailer American Apparel (AA). The deal was announced last December and is scheduled to close in the second half of 2007. […]
Special Market Comment
It seems appropriate to make a comment on the market following the sharp downside volatility over the past few weeks. However, to be perfectly honest, I think predicting the short-term is pretty much impossible at this point. My gut feeling is that six or nine months from now we will look back on this period […]
Box Office Remains Strong
The box office continues to roar with the top 12 movies up 23% this past weekend. Last week marked the fifth straight up week and the weekend was up for the sixth consecutive time. Gains should moderate from this point forward as all the major releases are now in theatres. However,, gains should continue thanks […]
Brief Apple Update
I have been waiting to round out long positions in Apple and build new positions for clients. SInce the stock brokedown and the market collapsed, I had been targeting $125 for Apple but decided to wait and with the stock decisively breaking that level I decided to make the move. I am optimistic about near-term […]
International Box Office Strength
One of the things I have not stressed enough in my comments on the box office has been the strength of the international box office. According to Variety.com’s international weekend wrap-up, the non-US box office is up 20% year-to-day with summer gains exceeding those of the US. Unlike my domestic box office commentary which focuses […]
Market Returns Since the All-Time Highs in July
The sell-off since the S&P 500 and Dow Jones Industrial Average made all-time closing highs on July 19th has been broad. All the major indices I track are down between 7% and 11%. I track these indices looking for divergences in returns that might be a clue to where leadership is emerging and whether prior […]