Not to beat a dead horse but I wanted to follow-up on my post yesterday where I stated yet again that the hype that the domestic box office is dead or dying is off base. Here is a link to the annual domestic box office performance since 1980 courtesy of BoxOfficeMojo.com. Several things jump out […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-03-14 09:56:082007-03-14 09:56:08Some Data Challenging the “Box Office is Dead” Hype
Did you hear the hype that the domestic movie business is dead? Don’t believe it. I wish I had 300 reasons to tell you why it isn’t dead but I can give you one — 300. 300 from the Warner Brothers division of Time Warner (TWX) broke box office records opening to $70 million, the […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-03-12 13:40:312007-03-12 13:40:31300 is 1 Reason To Be Bullish on Movie Stocks
BroadbandTV News yesterday noted an unconfirmed report in a local Russian newspaper that Central European Media Enterprises (CETV) was negotiating to enter the Russian TV market. The target is supposedly a music station that competes with MTV Russia. I have no idea if there is any truth to this rumor but if it were accurate, […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-03-08 11:40:242007-03-08 11:40:24Central European Media Enterprises: Entering Russia?
As usual, Ned Davis Research (NDR) has some interesting data on last week’s sell-off in regards to answering the question whether we have entered a bear market. Defining a bear market as a 30% drop in the DJIA after 50 calendar days, a 13% decline in the DJAI over 145 calendar days, or a 30% […]
Regal Entertainment (RGC) announced that it would be using a portion of the proceeds it received from the IPO of National Cinemedia (NCMI) to pay a special dividend of $2.00 to RGC shareholders. This action continues a pattern of special dividends paid by RGC which along with an annual dividend of $1.20 and modest appreciation […]
Echostar (DISH) reported very good 4Q06 earnings. EPS, revenue, and EBITDA were 34 cents, $2.6 billion, and $615 million compared to consensus estimates of 32 cents, $2.54 billion, and $603 million. There were a number of EBITDA estimates in the $590 million range as well. Subscriber metrics also looked very good. The bottom line is […]
There were no changes to Northlake’s Market Cap or Style models for March. The signals remain Large Cap and Value. As a result in the portion of client portfolios dedicated to Northlake’s ETF rotation strategy (generally ranging from 40% to 80% of equity portfolio value depending on account characteristics), I continue to own the S&P […]
I will likely have some follow-up comments on CETV after I check in with management and my key analyst contacts. Below is my commentary as written immediatley following completion of the conference call. The stock traded off because ivnestors are selling assets exposed to emerging markets risk. I think the quarter shows CETV is even […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-03-01 16:38:322007-03-01 16:38:32Central European Media Enterprises: Even Better Than Expected
Central European Media Enterprises (CETV) should report robust 4Q06 growth. I am forecasting revenues to rise 17% and EBITDA to grow 22%. Strong ratings in 2H06, a return to positive comparisons in the Czech Republic, improved execution in the Czech Republic, and favorable currency comparisons support the growth profile. CETV shares are up about 15% […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-02-28 13:43:272007-02-28 13:43:27Expecting A Strong Quarter From Central European Media Enterprises
Charter Communications (CHTR) final 4Q06 results very closely matched the preliminary results reported on February 9th. Revenues rose 11.7% and EBITDA rose 10.3%. Revenues matched analyst expectations and EBITDA was a little ahead due to better than expected margins. A loss of 43,000 basic subs was an unexpected negative and much of the conference call […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-02-28 13:41:322007-02-28 13:41:32Charter Communicaitons: Getting Better But Not Good Enough
Some Data Challenging the “Box Office is Dead” Hype
Not to beat a dead horse but I wanted to follow-up on my post yesterday where I stated yet again that the hype that the domestic box office is dead or dying is off base. Here is a link to the annual domestic box office performance since 1980 courtesy of BoxOfficeMojo.com. Several things jump out […]
300 is 1 Reason To Be Bullish on Movie Stocks
Did you hear the hype that the domestic movie business is dead? Don’t believe it. I wish I had 300 reasons to tell you why it isn’t dead but I can give you one — 300. 300 from the Warner Brothers division of Time Warner (TWX) broke box office records opening to $70 million, the […]
Central European Media Enterprises: Entering Russia?
BroadbandTV News yesterday noted an unconfirmed report in a local Russian newspaper that Central European Media Enterprises (CETV) was negotiating to enter the Russian TV market. The target is supposedly a music station that competes with MTV Russia. I have no idea if there is any truth to this rumor but if it were accurate, […]
Correction or Bear Market?
As usual, Ned Davis Research (NDR) has some interesting data on last week’s sell-off in regards to answering the question whether we have entered a bear market. Defining a bear market as a 30% drop in the DJIA after 50 calendar days, a 13% decline in the DJAI over 145 calendar days, or a 30% […]
Regal Declares $2 Per Share Special Dividend
Regal Entertainment (RGC) announced that it would be using a portion of the proceeds it received from the IPO of National Cinemedia (NCMI) to pay a special dividend of $2.00 to RGC shareholders. This action continues a pattern of special dividends paid by RGC which along with an annual dividend of $1.20 and modest appreciation […]
Strong Quarter For Echostar Communications
Echostar (DISH) reported very good 4Q06 earnings. EPS, revenue, and EBITDA were 34 cents, $2.6 billion, and $615 million compared to consensus estimates of 32 cents, $2.54 billion, and $603 million. There were a number of EBITDA estimates in the $590 million range as well. Subscriber metrics also looked very good. The bottom line is […]
March 2007 Model Signals
There were no changes to Northlake’s Market Cap or Style models for March. The signals remain Large Cap and Value. As a result in the portion of client portfolios dedicated to Northlake’s ETF rotation strategy (generally ranging from 40% to 80% of equity portfolio value depending on account characteristics), I continue to own the S&P […]
Central European Media Enterprises: Even Better Than Expected
I will likely have some follow-up comments on CETV after I check in with management and my key analyst contacts. Below is my commentary as written immediatley following completion of the conference call. The stock traded off because ivnestors are selling assets exposed to emerging markets risk. I think the quarter shows CETV is even […]
Expecting A Strong Quarter From Central European Media Enterprises
Central European Media Enterprises (CETV) should report robust 4Q06 growth. I am forecasting revenues to rise 17% and EBITDA to grow 22%. Strong ratings in 2H06, a return to positive comparisons in the Czech Republic, improved execution in the Czech Republic, and favorable currency comparisons support the growth profile. CETV shares are up about 15% […]
Charter Communicaitons: Getting Better But Not Good Enough
Charter Communications (CHTR) final 4Q06 results very closely matched the preliminary results reported on February 9th. Revenues rose 11.7% and EBITDA rose 10.3%. Revenues matched analyst expectations and EBITDA was a little ahead due to better than expected margins. A loss of 43,000 basic subs was an unexpected negative and much of the conference call […]