Leadership Changes, Acquisitions, and Licensing Deals Strengthen Operations - Research Report on Netflix, Disney, Time Warner, Charter Communications, and Lionsgate
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NEW YORK, July 4, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting Netflix, Inc. (NASDAQ: NFLX), The Walt Disney Company (NYSE: DIS), Time Warner Inc. (NYSE: TWX), Charter Communications, Inc. (NASDAQ: CHTR), and Lions Gate Entertainment Corp. (NYSE: LGF). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Netflix, Inc. Research Report
On July 1, 2013, Netflix, Inc. (Netflix) and Twentieth Century Fox Television announced a multi-year exclusive subscription video on demand agreement for a Golden Globe nominated popular prime time comedy series, New Girl. According to Netflix, the first season of New Girl will be aired for Netflix viewers with effect from July 1, 2013. Subsequent seasons will be available to Netflix after the broadcast seasons. Ted Sarandos, Netflix Chief Content Officer, said, "New Girl has proven to be the biggest breakout sitcom hit of the season and we are thrilled to be able offer it so quickly to our U.S. subscribers." "We know our members love comedies and that they'll enjoy watching all the current and future episodes of New Girl whenever and wherever they want." The popular sitcom was also recently renewed for its third season on FOX. The Full Research Report on Netflix, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/caca_NFLX]
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The Walt Disney Company Research Report
On July 1, 2013, The Walt Disney Company's (Disney) Board of Directors announced that it has extended Robert A. Iger's tenure as Chief Executive Officer and Chairman through the expiration of his contract on June 30, 2016 under his existing contractual terms as Chief Executive Officer. Orin C. Smith, Independent Lead Director of the Company's Board of Directors, said, "Disney has hit new heights during Mr. Iger's tenure, with total shareholder return of 193% that dramatically exceeds the S&P 500s 54%, and a market capitalization that has risen to $113.7 billion from $48.4 billion when he became CEO in 2005." Smith added, "Given his outstanding leadership, and to provide continuity of Disney's corporate strategy to create long-term value for shareholders, the board has asked Mr. Iger to remain CEO and chairman until the expiration of his contract on June 30, 2016 under his existing annual compensation terms as CEO, under which 92% of his pay was performance-based in fiscal 2012." Smith further stated that Mr. Iger was to relinquish his position as Chief Executive Officer and transition to the role of Executive Chairman on April 1, 2015 for 15 months. However, now he will continue as CEO and Chairman for the duration of his tenure. The Full Research Report on The Walt Disney Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/f87e_DIS]
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Time Warner Inc. Research Report
On June 24, 2013, Warner Bros. Entertainment (Warner Bros.), a Time Warner Inc. (Time Warner) company, announced a new leadership team that will run Warner Bros. Pictures Group. Warner Bros. stated that Sue Kroll will serve as President, Worldwide Marketing and International Distribution, Greg Silverman will serve as President, Creative Development and Worldwide Production of the Company, and Toby Emmerich will continue as President and Chief Operating Officer, New Line Cinema, with an additional responsibility for Warner Bros. Theatre Ventures. All three executives will report to Kevin Tsujihara, CEO, Warner Bros. Further, Dan Fellman, whose contract has been extended, will continue in his role as President, Domestic Distribution. Veronika Kwan Vanderberg will continue as President, International Distribution and will assume responsibility for worldwide distribution, after the retirement of Fellman. The Full Research Report on Time Warner Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0c56_TWX]
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Charter Communications, Inc. Research Report
On July 1, 2013, Charter Communications, Inc. (Charter Communications) and Cablevision Systems Corporation (Cablevision) announced the completion of Charter Communication's $1.6 billion acquisition of Cablevision's Bresnan Broadband Holdings, LLC (Optimum West). With the completion of this acquisition, Charter Communications has added cable operating systems in Colorado, Montana, Wyoming, and Utah that passes over 660,000 homes and serve 375,000 residential and business customers. Charter Communications funded the acquisition with $1.5 billion of committed bank financing to Charter Communications Operating, LLC and liquidity from cash on hand and its revolving credit facility. The Full Research Report on Charter Communications, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/2f61_CHTR]
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Lions Gate Entertainment Corp. Research Report
On June 26, 2013, Codeblack Films (Codeblack), a Lions Gate Entertainment Corp. company, announced the appointment of Paul Hall, a veteran film and television producer, as Head of Development and Production. Hall has nearly two decades of African-American film experience, including films such as Tyler Perry's Temptation, For Colored Girls, Madea's Witness Protection, Good Deeds, Shaft, and Higher Learning, among others. The Company said that Hall will work with Jeff Clanagan, President of Codeblack, and Quincy Newell, General Manager of Codeblack, to expedite the development of key properties for production and theatrical release for the studio. Jeff Clanagan said, "Paul has a superb track record as a creative force in our industry, and his addition to our team broadens Codeblack's influence, expands our capabilities and advances our mission to serve the African-American market with a diverse range of branded quality content." The Full Research Report on Lions Gate Entertainment Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/dbfb_LGF]
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SOURCE Wall Street Reports
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