Consolidation, New Content & Digitization - Research Report on Sinclair, Scripps, Viacom, Starz and News Corp
NEW YORK, March 6, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Sinclair Broadcast Group, Inc. (NASDAQ: SBGI), Scripps Networks Interactive, Inc. (NYSE: SNI), Viacom, Inc. (NASDAQ: VIAB), Starz (NASDAQ: STRZA) and News Corp (NASDAQ: NWSA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Sinclair Broadcast Group, Inc. Research Report
Sinclair has been on an acquisition spree, announcing that it will purchase Barrington Broadcasting's 18 television stations for $370 million. In addition to the 18 stations, Sinclair has also agreed to operate or provide sales services to another six stations. The transaction is subject to approval by the Federal Communications Commission (FCC) and the antitrust clearance. Sinclair President and CEO David Smith expect that these Barrington stations will be able to generate approximately $71 million of cash flow on average. Recently, the company also announced that it will purchase the stock and broadcast assets of four television stations owned by COX Media. These actions are part of the company's plan to lead the consolidation trend in the broadcast industry in order to "unlock hidden value" and "strengthen competitive position." Shares for Sinclair rose sharply following these announcements. The Full Research Report on Sinclair Broadcast Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/8268_SBGI]
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Scripps Networks Interactive, Inc. Research Report
Scripps has signed a content licensing agreement with Amazon.com's subscription-based video streaming service. With this deal, past seasons of shows like Anthony Bourdain : No Reservations and Cupcake Wars may now be streamed from Amazon's instant video services. MKM Partners analyst Eric Handler comments that the deal is "incrementally positive" for Scripps, even though it is one of the last networks to offer its shows on a subscription service. Earlier in the year, the company reported that revenue from its digital business increased by 9 percent, and this deal with Amazon may potentially revenue from digital platforms even further. The Full Research Report on Scripps Networks Interactive, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/1dbd_SNI]
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Viacom, Inc. Research Report
Viacom continues to invest in new shows and continues to build on its brands. The company states that its television brands continue to be valued by distribution partners. Paramount is also well-positioned for the future, with upcoming titles like G.I. Joe: Retaliation, Pain & Gain, Star Trek Into the Darkness and World War Z. Lastly, Viacom has been boosting its presence in the digital sphere by offering interactive apps for the iPad and by producing a Teenage Mutant Ninja Turtles-themed video game with Activision. As the company continues to build on its portfolio, it expects to deliver strong value for shareholders. The Full Research Report on Viacom, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/a27b_VIAB]
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Starz Research Report
Starz recently reported its fourth quarter and year-end 2012 financial results. The company highlighted an 8 percent increase in STARZ subscriptions and another 5 percent increase in ENCORE subscriptions. The company also extended its first-run output relationship with Sony Pictures Entertainment until 2021. In the digital space, the company is launching its TVEverywhere PLAY services, the portable and online platform for STARZ and ENCORE exclusive movies. Cox and DIRECTV have already launched the service, and Starz expects more distributor launches in 2013. In the coming year, the company is confident with its upcoming titles like STARZ original series Da Vinci's Demons. With plenty of projects and exciting titles, Starz may be on its way for another year of high gains. The Full Research Report on Starz - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://ww.Investors-Alliance.com/r/full_research_report/d75f_STRZA] - Bad link
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News Corp Research Report
News Corp and Disney are rumored to be in talks that may lead to one of the partners buying out the other's stake in Hulu.com, a video streaming website. Disney and News Corp each own about one third stake in Hulu, and Comcast owns a minority stake. According to the news, Disney is pushing that Hulu shifts to an advertising-focused business model, while News Corp is intending to allow Hulu to keep relying on subscriptions. Hulu reported that its revenue grew 65 percent to $695 million after its subscribers doubled to 3 million. This shows how News Corp's subscription model is currently working for the online video website. As online viewing continues to grow, both shareholders are expected to increase their interest in buying each other out to resolve discussions about Hulu's future. The Full Research Report on News Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.Investors-Alliance.com/r/full_research_report/15b0_NWSA]
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Contact: Patricia Byers
Email: press@Investors-Alliance.com
Main: +1-480-745-7826
SOURCE Investors-Alliance
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