GLG News by Mr. James Meyers MS. EBA, Chief Executive Officer
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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Coinstar’s Redbox Expands Relationships with Studios
August 31, 2009
Redbox Sues Studio Over Access to Films | online.wsj.com
Redbox’s future will ultimately be affected by a number of variables, starting with whether or not the Universal (NYSE: GE), Fox and Warner Brothers studios succeed in their struggle to create a kiosk release window.
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With Financing in Place, DreamWorks to Produce Six Movies a Year
August 20, 2009
Spielberg Gets Funds to Start Up New Studio | online.wsj.com
DreamWorks is able to achieve what many Hollywood producers have been unable to do: secure new sources of film funding in financially difficult times.
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Sony Pictures Signs Multiyear Agreement with Redbox
July 24, 2009
Studios Rethink Redbox | online.wsj.com
1. Sony Pictures (NYSE: SNE) has signed a multiyear deal to supply Redbox's (NASDAQ: CSTR) video rental kiosks. 2. Deal minimizes sell-thru of used Sony DVDs, while maximizing Sony non-theatrical titles.
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Hulu’s Traction Causing Friction with Multichannel Operators
May 14, 2009
Disney Teams Up With Other Networks Online, Buying Stake in Hulu Site | online.wsj.com
1. As online viewership grows, Pay TV companies reconsider sharing their content for free 2. Multichannel companies such as Comcast (CMCSA), Time Warner Cable (TWC) and DIRECTV (DTV) pay cable networks billions of dollars each year to carry programming
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3-D Cinema to Add $1 Billion to Box Office Revenues
April 13, 2009
'Monsters vs. Aliens' in 3-D: Taking filmmaking to another dimension | www.latimes.com
1. Year to date domestic box office revenues are 14% higher than the record year of 2008 2. Driven by 3-D, 2008 saw a 33% year-to-year rise in the number of digital screens available worldwide.
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Broadcast TV Slump Translates to Cable Network Viewer Growth
March 26, 2009
TVB's Revised Spot Forecast: Down 7-11% | www.tvnewsday.com
1. Top 35 advertising supported cable networks have seen a 7% increase in total viewers this season while the broadcast networks are down 5%. 2. There is a growing consensus among viewers that there is no real differentiation between broadcast TV and the top cable networks.
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More than Recession Impacting Hispanic TV Ratings and Advertising
March 3, 2009
Harsh times for Spanish-language TV | www.medialifemagazine.com
1. When U.S. Hispanics turn on their televisions over half are tuning to English language programs. 2. Younger Hispanic viewers are not the only major segment in front of English language TV.
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Will New French State TV Advertising Regulations Provide for TF1 and M6
February 25, 2009
TF1 Slumps Most Since 2001 on Sales Drop Forecast | www.bloomberg.com
1. French state-owned television will be phase out commercials entirely by 2011, eliminating some $700 million in advertising revenue 2. French TV ad spending was $4.6 billion in 2008. For 2009, ZenithOptimedia expects a 5% decline
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New Chapter for Satellite Radio
February 19, 2009
Sirius XM, Liberty Reach A Deal | www.radioink.com
1. Sirius XM has 19 plus million devoted fans and lots of star power but has been unable to produce a profit. 2. Sirius XM has a total debt load of $ 3.25 billion 3. Echostar will do well since it is among the debt holders who will be paid off through the Liberty pact at a price considerably higher than when SATS acquired the notes
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What the AT&T / DIRECTV Pact Represents for Consumers
February 13, 2009
AT&T/DirecTV do 'Quad Play' | www.lightreading.com
The AT&T partnership with DISH is officially over and the partnership with DIRECTV is now retail-ready
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Global Advertising Forecasts Drop: An Indicator for Uncertain Times
October 1, 2008
Gap Widens in Online Advertising | online.wsj.com
1. Zenith Optimedia, Universal McCann, WPP, BMO Capital Markets, Oppenheimer, Lehman Brothers and eMarket all have announced downward revision of overall Ad spend for 2008 2. Nielsen Monitor-Plus: first-half U.S. ad spend declined 1.4 percent, compared with the same period in 2007, to $67.6 billion
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MPAA to Fight Online Movie Piracy with Aggregation and Search Site
July 28, 2008
Court records: MPAA sought info on PirateBay founders | news.cnet.com
1. Motion Pictures Association of America site to link to any legal distributor such as Fandango, Xbox Live, Netflix, iTunes and Sony's PlayStation Store. 2. Recent research conducted by the MPAA and Yahoo found that the internet plays a significant role in driving people to film.
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High-Definition Is Changing the Multiplatform Marketplace
July 25, 2008
Verizon FiOS TV set to light up New York City | www.telecommagazine.com
1. DIRECTV is the key factor in stimulating the HD market. 2. For the MSOs and Telcos, Time Warner leads in terms of High-Definition feeds with 56 HD channels in the New York
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Hispanic 1st Quarter Ad Spending Update: Growth Continues.
July 16, 2008
Hispanic Ad Spend Up 3% in '07 | www.adweek.com
1. Driven by political expenditure, Hispanic Ad spending continues to show strong growth. 2. Spanish speaking areas of the US are expected to continue fuel advertising growth over the coming years
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3-D Cinema: A Three-Way Format War
July 3, 2008
Digital cinema 3-D | mkpe.com
1. Real D, Dolby and NuVision battle it out over ease of use, technology and business model 2. The number of 3-D Cinema installations is tiny compared to the total number of screens worldwide… there is an extensive market waiting to be exploited.
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Two Studios Join Disney to Sell New Releases on Apple’s iTunes
April 17, 2008
Downloads king as iTunes tops U.S. music retailer | www.reuters.com
1. Fox and Paramount “experiment” with new release sales on iTunes 2. Studios have hesitated to offer new releases for sale on iTunes due to pricing fears and the fear of Apple becoming al too powerful.
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December 26, 2007
Sharp teaming up with Toshiba for LCDs | news.yahoo.com
1. Sharp recently regained the number one spot for sales of HD LCD TV’s from Vizio. 2. 60% households who are planning to purchase a new television in the next six months are planning to buy an HDTV set. 3. DIRECTV is achieving strong HD growth.
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Overall Ad Spending Is Down In 2007
September 19, 2007
Cable Takes a Ratings Hit | www.businessweek.com
Viewer-ship is down at the broadcast TV networks. The new Nielsen ratings system may have an equalizing effect on the flight of ad dollars from broadcast to cable TV.
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FiOS Beats the Competition Again
September 17, 2007
AT&T U-Verse: 100,000 and Counting | gigaom.com
FiOS concentration on customer satisfaction is translating into very low churn. FiOS TV is top in customer satisfaction with DirecTV second, Dish Network third, Comcast tied with AT&T U-verse in fourth place, followed by Cox, Cablevision, Time Warner, and Charter.
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Apple Plans VOD Platform to Placate Studios
September 7, 2007
NBC, Apple play game of brinkmanship | news.com.com
1. iTunes is cannibalizing NBC home video sales. 2. Apple’s solution: open an iTunes rental / Video-on-Demand platform.
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