Sunday, October 20, 2019

TIME WARNER CHIEF: NETFLIX IS NO THREAT

May 5, 2011 by · Leave a Comment 

Time Warner chief Jeff Bewkes insisted on Wednesday that Netflix does not pose a threat to traditional broadcast and cable outlets — and that he has seen little evidence that Netflix subscribers are “cutting the cord.” During a conference call with analysts and investors, Bewkes observed that there are only about 4 million households in […]

“OGRE SATURATION” HITS DREAMWORKS ANIMATION’S SHARES

June 17, 2010 by · Leave a Comment 

Shares of DreamWorks Animation dropped 5 percent in midday trading today (Thursday) to $26.91 after two analysts downgraded the stock and criticized the studio for rushing out two Shrek movies close together. Goldman Sachs analyst Ingrid Chung called it “ogre-saturation” and lowered her estimates for Shrek Forever After to $250 million in its domestic run […]