Agreements, Strategic Partnerships, Stock Movements, Upcoming Conferences, and Earnings Results - Analyst Notes on Comcast, Time Warner, AMC, Bona, and IMAX
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NEW YORK, March 14, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Comcast Corporation (NASDAQ: CMCSA), Time Warner Inc. (NYSE: TWX), AMC Networks Inc. (NASDAQ: AMCX), Bona Film Group Limited (NASDAQ: BONA), and IMAX Corporation (NYSE: IMAX). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
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Comcast Corporation Analyst Notes
On March 10, 2014, Comcast Corporation (Comcast) reported that its division, Comcast Cable, has signed an agreement with Sony Pictures Home Entertainment (SPHE) for selling the studio's titles through the Xfinity On Demand digital store. Michael Schreiber, Senior Vice President of Content Acquisition at Comcast Cable, commented, "The Sony Pictures library is a terrific addition to our rapidly expanding offering of hit films and TV shows available for purchase. The response to the digital store has been encouraging and tells us our customers love the flexibility and ease of purchasing content directly from Xfinity On Demand to watch when and where they want it." The Company added that the first titles available for purchase will be the multi-Academy Award nominated American Hustle. The full analyst notes on Comcast Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03142014/CMCSA/report.pdf
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Time Warner Inc. Analyst Notes
On February 28, 2014, Time Warner Inc. (Time Warner) reported that its company, Turner Broadcasting System Asia Pacific, Inc., along with PT Trans Media Corpora, has announced a strategic partnership to launch CNN Indonesia, a 24-hour news channel and accompanying website in Bahasa Indonesia. Jeff Zucker, CNN Worldwide President, said, "The combination of the strength of the worldwide newsgathering power of CNN with the local perspective and sensibility that Trans Media will bring to the partnership enables us to provide important news and information to this enormous, non-English speaking audience." According to the Company, this channel will be the first of its kind for CNN in Southeast Asia, delivering a localized version of CNN's unique brand of high-quality news to the region's most populous nation. The full analyst notes on Time Warner Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03142014/TWX/report.pdf
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AMC Networks Inc. Analyst Notes
On March 11, 2014, AMC Networks Inc.'s (AMC) stock declined 1.59% to end the day at $75.29, compared to the previous day's closing price of $76.51. The Company's stock went down 1.43% over the past five trading days, compared to the Nasdaq Composite which declined 1.03% during the same trading period. The full analyst notes on AMC Networks Inc. are available to download free of charge at:
http://www.AnalystsReview.com/03142014/AMCX/report.pdf
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Bona Film Group Limited Analyst Notes
On March 10, 2014, Bona Film Group Limited (Bona) announced that it will participate in these upcoming conferences: The Morgan Stanley Second Annual Asia Technology, Media, Telecoms & Internet Conference which will be held on March 20 to 21, 2014, at the Morgan Stanley office in the International Commerce Center in Hong Kong; and the Credit Suisse 17th Annual Asian Investment Conference, to be held on March 24 to 28, 2014, at the Hotel Conrad Hong Kong. The full analyst notes on Bona Film Group Limited are available to download free of charge at:
http://www.AnalystsReview.com/03142014/BONA/report.pdf
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IMAX Corporation Analyst Notes
On February 20, 2014, IMAX Corp. (IMAX) reported its Q4 2013 and full-year 2013 financial results. For the quarter, revenues were $105.1 million, compared to $77.4 million in Q4 2012. Reported net income totaled $27.8 million, or $0.40 per diluted share, compared to $12.9 million, or $0.19 per diluted share in Q4 2012. Full-year 2013 revenues were $287.9 million, compared to $282.8 million in full year 2012. Reported net income for full year 2013 was $44.1 million, or $0.64 per diluted share, compared to $41.3 million, or $0.61 per diluted share, in full year 2012. Commenting on the results, IMAX CEO, Richard L. Gelfond, stated, "IMAX fired on all cylinders in the fourth quarter, with an exceptional number of installations and signings, as well as the highest grossing box office in the Company's history. The strong fourth quarter drove over 90% growth in our EBITDA compared to the same period last year, resulting in margin expansion and strong operating leverage for the full year. Overall, 2013 was a very exciting and productive year at IMAX as we effectively streamlined costs, expanded the network, signed a record number of deals and continued to execute on the film front." The Company informed that it signed contracts for 119 theatre systems and installed 58 theatre systems in Q4 2013, bringing the full year 2013 total installations to 112 new theatre systems across 23 countries. The full analyst notes on IMAX Corporation are available to download free of charge at:
http://www.AnalystsReview.com/03142014/IMAX/report.pdf
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