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Paranormal Pops Amid Media?

A look at opportunities in media stocks, with Rich Greenfield, Pali Capital analyst.

Keywords Mentioned in Video:

Big East (2:59), box office (0:12), cable networks (0:58)

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" money then it's. Paranormal activity are found that only cost 15000 dollars to make was. Number two at the box office bringing its total gross to you I 85 million dollars while Hollywood merchants and mega -- I should take -- Usually have return on investment of 500000%. Are there any hitting -- hiding in this week's lineup of median earnings time to take the position here with his next rich Greenfield a media analyst at -- capital -- this -- Certainly got a full plate of earnings this week in your world -- very busy man this week are there any stocks either recommend investors buy ahead of the --"

" I think you know you name one of them in Viacom with paranormal activity that's not the reason to on the docking a one movie it is a one off the building not -- I'm sure that its Hollywood to make people in the public screwed up but. The the concept of the film division at Paramount doing substantially better cable -- talked about many times with all of you it is a great business and talking of Viacom's cable networks which were really struggling are doing a bit better you know -- ratings basis MTV Nickelodeon they're definitely you know still weaker versus some of the peer group. But are improving consequential basis. And you got Paramount to the first time in years and literally in years. Paramount doing well. Paranormal activity just last week transformers sold seven and a half million dvds in the US alone one of the biggest numbers we've seen in a long time the dvd market. Which and there are a lot of stress that's can be really positive for Viacom. Not in Q3 they're going to have a very big Q4 from the film standpoint that's going to help the stock. So you would recommend buying the stock had a burning -- by comes going to have a very nice fourth quarter and you want to own it heading into calendar Q4 in that fourth quarter earnings report. Third will be -- I think it's time reading the real news we'll be. You know kind of body language heading into the fourth quarter. -- like discovery discovery had big news out and in this afternoon related to you know Oprah's going to be voicing one of their big series it's a planet earth like series that comes out. In the first quarter. This is you know it's called life she's in -- her voice and then on top of that Oprah's launching her own network for discovery middle of next year. That's really -- to build momentum for discovery Sox had a really good run. Still he wants only the more expensive and in the group it's by far the best man for the best global footprint that's a name to also be phoning into earnings tomorrow night after the close. What's that there was Sumner redstone analyses of pressure off -- totally off and there they'll literally no pressure anyone who -- your viewers who was kind of hoping that there could be some change of control that would free these assets up. And lead to an acquisition which you know clearly that anything to -- that these -- undervalued assets. You know given some there's tight control there's no chance. Critics to see you next week and -- listening to cover what are we looking for their what do you think about the -- and -- no man's land we'll -- they did the diluted -- deals they're going to have a lot of explaining to do to try to do you know justify continue to justify the amount they're spending on buying marble. But then on top of that you know you've got the of the parks. And where are we in that recovery you know clearly you know market looks a little more jittery than it has over the last couple weeks. You know the issue of the theme park and into the Big East -- factor for us we're more conservative we think Disney just because of the not to discount and they've done. You know their baptism for four. They weren't nearly everyone thought there -- to get away from discounting over the next twelve months. They're back to seventh report that discount now last all the way through march speculation maybe get extended beyond that. The reality is. Theme park travel was still not cheap on -- Disney World they are discounting a lot while I do think that the overall environment is better theme parks really a tough time. Going down in the beginning they held on -- a long time for theme parks to crack. -- cracked over the last twelve months. This real wild before they actually recover -- your parent company NBER GE NB universal reporting numbers and the theme park business. That would pretty weak for this quarter -- down double digits from -- revenue standpoint. And that's where the people are looking for with Disney is how bad the parks and how much negative leverages there within that theme park business marriage -- speak with you. Thank you thanks to come out that rich and felt."


Current DateTime: 01:01:13 29 Nov 2009
LinksList Documentid: 19980366
Expiration DateTime: 11/29/2009 1:03:06 PM
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Current DateTime: 01:01:13 29 Nov 2009
LinksList Documentid: 19792712
Expiration DateTime: 11/29/2009 1:03:32 PM

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