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News Breaks
June 18, 2014
04:55 EDTNXST, NXST, SFXE, SFXE, LGF, LGF, NLSN, NLSN, WWE, WWE, TIVO, TIVO, DHX, DHX, MDCA, MDCA, IMAX, IMAX, P, P, RENT, RENT, SCOR, SCORBernstein to hold a summit
Future of Media Summit to be held in Boston on June 18-19.
News For NXST;RENT;P;IMAX;MDCA;DHX;TIVO;WWE;NLSN;LGF;SFXE;SCOR From The Last 14 Days
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March 25, 2015
09:02 EDTWWEWWE announces joint venture with Tapout brand
WWE and Authentic Brands Group announced a joint venture for Tapout. Tapout is now the official fitness and training partner of WWE, and will be integrated across WWE’s global platforms including TV programming, WWE Network, pay-per-view broadcasts, live events, digital, and social media. As part of this strategic partnership, WWE will create new content featuring its superstars and divas in Tapout apparel and market the brand across all platforms. Tapout branding will also be featured at the WWE Performance Center in Orlando, Florida, and all performers, trainers, and staff will be outfitted in Tapout workout apparel.
08:07 EDTLGFLionsgate announces Zygi Kamasa to continue serving as Lionsgate UK
Lionsgate announced Zygi Kamasa has entered a new long-term agreement to continue serving as Chief Executive Officer of Lionsgate UK and to assume additional new responsibilities as CEO of Lionsgate's European Office.
06:36 EDTNLSNNielsen to measure Netflix & Amazon viewing by middle of 2015, Bloomberg reports
Nielsen (NLSN) CEO Mitch Barns said the company will begin offering data on viewing by Netflix (NFLX) and Amazon (AMZN) Prime subscribers starting mid-year, reports Bloomberg. Although Netflix and Amazon have been unwilling to share what their subscribers watch, Nielsen has been testing technology that measures audiences by listening to shows and sharing the results with select clients. Reference Link
06:27 EDTWWEWWE to host conference call
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March 24, 2015
18:24 EDTNLSNNielsen says to unveil way to measure Netflix viewing by midyear, Bloomberg says
13:59 EDTWWEMacquarie sees risk of being long WWE ahead of WrestleMania numbers
Macquarie sees risk to being long WWE (WWE) ahead of WrestleMania subscriber data expected on the March 30 conference call. The firm expects WWE Network to announce 1.5M subs post-Mania but expects that number to drop dramatically, and history suggests the loss of 700,000 subscribers in the next two months. Macquarie said no matter how favorable the numbers are, traders will focus on attrition post-Mania, which may result in a "sell the news" scenario. Shares are Neutral rated with a $14 price target.
11:07 EDTMDCAMDC Partners management to meet with FBR Capital
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08:43 EDTPBullish Pandora argument 'not compelling,' says FBR Capital
FBR Capital believes the bullish argument that Pandora's earnings could support the stock under a SoundExchange Copyright Royalty Board victory scenario is "not compelling." FBR sees a "high probability" that rates are set well above current levels, which it views as a potential "meaningful headwind" for Pandora shares. It keeps an Underperform rating on the name with an $11 price target. It believes SoundExchange has the "inside track" in the CRB proceeding.
March 23, 2015
16:00 EDTPAmazon adds Pandora-like stations to Prime Music app, The Verge reports
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March 22, 2015
18:46 EDTRENT, LGFLionsgate's 'The Insurgent' takes top spot at box office with $54M
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March 20, 2015
16:05 EDTLGFLionsgate files to sell 361,229 shares of common stock for holders
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March 19, 2015
07:23 EDTIMAXEvercore ISI to hold a tour
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March 18, 2015
10:00 EDTPOn The Fly: Analyst Upgrade Summary
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09:23 EDTPOn The Fly: Pre-market Movers
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06:53 EDTLGFLionsgate closing $375M financing agreement with Chinese broadcaster, WSJ says
Lionsgate CEO Jon Feltheimer said in a Wall Street Journal interview that the company is closing a $375M financing agreement with Hunan TV & Broadcast Intermediary that may boost its ability to screen films in China. Hunan will fund 25% of Lionsgate production costs over a three year period which the Journal notes could total $1.5B, though popular franchises "Hunger Games," "Divergent," and "Twilight" are not covered. Hunan's subsidiary will acquire rights to distribute up to four Lionsgate films in China, and the two companies will also produce films and television shows for both U.S. and Chinese markets, with a "Candy Crush Saga" TV show being a likely first candidate, according to Feltheimer. Reference Link
06:28 EDTPPandora upgraded to Buy from Fair Value at CRT Capital
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March 17, 2015
11:23 EDTNLSNApple willing to share TV data to attract programming partners, NY Post reports
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March 16, 2015
10:02 EDTSFXEOn The Fly: Analyst Downgrade Summary
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09:14 EDTSFXESFX Entertainment downgraded to Hold from Buy at Maxim
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07:02 EDTRENTRentrak signs TV ratings and VOD measurement agreements with Game Show Network
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