Worldwide Premieres, Financial Results, Notes Offering, New Appointments, and Dividends - Research Report on Lionsgate Entertainment, AMC Networks, DreamWorks Animation, TiVo, and Cinemark Holdings
NEW YORK, August 20, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Lionsgate Entertainment Corp. (NYSE: LGF), AMC Networks Inc. (NASDAQ: AMC), DreamWorks Animation SKG Inc. (NASDAQ: DWA), TiVo Inc. (NASDAQ: TIVO), and Cinemark Holdings Inc. (NYSE: CNK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Lionsgate Entertainment Corp. Research Report
On August 13, 2013, Lionsgate Entertainment Corp. (Lionsgate) reported that it will hold the world premiere of Catching Fire in London on November 11, 2013. Lionsgate reported that following this domestic release, Catching Fire will be opening day-and-date at nearly every major international territory. According to the Company, The Hunger Games, the first film in the trilogy became the 13th highest-grossing North American release of all time, generating almost $700 million at the worldwide box office. The Company stated that The Hunger Games: Catching Fire, features Academy Award® winner Jennifer Lawrence along with Josh Hutcherson, Liam Hemsworth, Woody Harrelson, Elizabeth Banks, Lenny Kravitz, Philip Seymour Hoffman, Sam Claflin, Jena Malone and Jeffrey Wright, with Stanley Tucci and Donald Sutherland, directed by Francis Lawrence and with a screenplay by Simon Beaufoy and Michael DeBruyn. Lionsgate stated that The Hunger Games: Catching Fire is based upon the novel Catching Fire by Suzanne Collins, and was produced by Nina Jacobson and Jon Kilik. 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.AnalystsCorner.com/r/full_research_report/d4f4_LGF ]
AMC Networks Inc. Research Report
On August 8, 2013, AMC Networks Inc. (AMC Networks) declared Q2 2013 financial results with revenues up 15.8% YoY to $379.3 million. Operating income increased 151.7% YoY to $247.3 million and net income from continuing operations was $135.7 million or $1.87 per diluted share, compared with $41.4 million or $0.57 per diluted share in Q2 2012. President and CEO Josh Sapan commented, "In the second quarter, our successful original content drove our overall financial results, with a 16% increase in net revenues and a 9% increase in AOCF. Our original programming continues to fuel the performance of our networks and underpin the Company's growth, with last month's 39 Emmy Award nominations for AMC, IFC and Sundance Channel, the most nominations of any basic cable programming group, contributing to our momentum." The Full Research Report on AMC Networks Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/2ead_AMCX ]
DreamWorks Animation SKG Inc. Research Report
On August 14, 2013, DreamWorks Animation SKG Inc. (DreamWorks Animation) reported that it has successfully finalized its previously announced private offering of 6.88% senior notes due in 2020 (the Notes) with an aggregate principal amount of $300 million. According to the Company, the Notes are guaranteed by the Company's existing and future domestic subsidiaries that guarantee the Company's credit facility and they are included in unsecured, unsubordinated obligations of DreamWorks Animation. DreamWorks Animation informed that the net proceeds from the Notes offering shall be used to settle outstanding loans under the Company's revolving credit facility, including accrued and unpaid interest thereon. The Company further stated that in case of any additional net proceeds, DreamWorks Animation shall use them for general corporate purposes. According to DreamWorks Animation, the Notes and the related subsidiary guarantees which are not registered under the Securities Act were offered in the US to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, and outside the US pursuant to Regulation S under the Securities Act. The Full Research Report on DreamWorks Animation SKG Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b69d_DWA ]
TiVo Inc. Research Report
On August 14, 2013, TiVo Research and Analytics (TRA), a wholly-owned subsidiary of TiVo Inc. (TiVo), announced that it has appointed Sheryl Harkins, who has served at Nielsen for 17 years, as SVP of its CPG Sales. Mark Lieberman, CEO of TRA, commented, "Sheryl has many years of experience, unmatched expertise and a proven track record for successfully providing advertising solutions for major CPG advertisers. Sheryl joining our team is a big win for TRA and an even bigger win for our customers." Pierre Bouvard, TRA's SVP of Sales, added, "Sheryl is a high-caliber media research professional. We're excited to have her on the team to lead our sales initiatives in the CPG vertical." The Full Research Report on TiVo Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/4a38_TIVO ]
Cinemark Holdings Inc. Research Report
On August 15, 2013, Cinemark Holdings Inc. (Cinemark Holdings) reported that its Board of Directors has approved an increase of 19% in its annual dividend to $1.00 per share of common stock, or $0.25 per share quarterly. The Company stated that dividend of $0.25 per share will be payable on September 12, 2013 to stockholders of record as on August 28, 2013. The Full Research Report on Cinemark Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b2c2_CNK ]
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