PORTLAND, Ore., April 10, 2013 /PRNewswire/ -- Rentrak (NASDAQ: RENT), the
leader in multi-screen media measurement serving the advertising, television
and movie industries, today announced a multi-year TV Essentials contract with
Sony Entertainment Television, Asia (SET), one of India's leading Hindi
general entertainment television channels which reaches millions of households
in the United States and internationally.
Silly rumors today that Japanese investors our buying large U.S. bell weather tech stocks. I just don't see why this would be true. The reports are wrong or at least their basis that the exchange rate provides favorable returns is incorrect.
It doesn't take a rocket scientist to figure out that the exchange rate was much better for Japanese when it was Y80 to $1.00 versus today's Y99.70 versus $1.00. If the money is coming from Japan it isn't because of a more favorable exchange rate!