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Pep Boys - Manny, Moe & Jack Message Board

lagunadan92677 48 posts  |  Last Activity: Jan 22, 2015 3:32 PM Member since: Sep 28, 2005
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  • lagunadan92677 by lagunadan92677 Nov 10, 2014 3:00 PM Flag

    Already a major content creator for subscription streaming and TV, Lionsgate will limit OTT ventures to specific brands and audiences

    Lionsgate is considering expanding its BeFit YouTube channel into a broader standalone over-the-top video platform, CEO Jon Feltheimer disclosed in the company’s Nov. 7 fiscal call.

    BeFit, which has more than 1.3 million subscribers to its ad-supported YouTube fitness channel, last month underscored its growing presence in the competitive healthy lifestyle market by partnering with a nutritional supplement company to develop a line of branded nutritional supplements.

    Lionsgate, of course, is a major content producer for television and SVOD services, including Netflix’s most-popular original series, “Orange Is the New Black,” and “Manhattan,” the latter available on Hulu the day after its broadcast airing.

    Lionsgate last month announced a partnership with the Tribeca Film Festival about a SVOD service called “Tribeca Short List” that will include some of its movies as well as third-party curated content.

    Lionsgate has partnered with Chinese e-commerce behemoth Alibaba for a transactional VOD service in Asia. Notably, during the fiscal call, Feltheimer and vice chairman Michael Burns did little to dissuade media speculation Lionsgate’s largest shareholder, Mark Rachesky, is in talks to sell his 37.4% stake to Alibaba.

    “We obviously can’t comment on speculation in the press about any of our shareholders, including our largest and very supportive Mark Rachesky,” Burns said.

    Regardless, the Santa Monica, Calif.-based mini-major has no plans to launch a standalone OTT service featuring its content.

    “In general, as we’re looking at these online channels, whether it’s migrating BeFit to a subscription channel or Tribeca Short List, most of the [digital] channels we will invest in [will be] be more branded, [and] more focused on affinity groups [than the general consumer],” Feltheimer said. “We think there’s a real strong opportunity to have some expansion or boutique array of online channels, but probably fairly focused.”

    Separately, Feltheimer said the studio has begun deploying 360-degree cameras in select scenes of movies to take advantage of changing technologies that involve viewers using a virtual reality headset (i.e. Oculus Rift) when watching video content and playing games.

    “We’re pretty excited about it. We think that’s one of the enhancements that will make our home entertainment significantly more valuable,” Feltheimer said. “We think its pretty cool technology starting to happen out there.”

    Finally, Lioinsgate said it would develop an “innovative and immersive” “Hunger Games” theatrical show set to debut on a special stage near London’s Wembley Stadium in 2016. Dubbed The Hunger Games, the stage musical will be produced by Robin de Levita, creator of the Soldier of Orange musical.

    Sentiment: Strong Buy

  • As Lionsgate morphs into a major studio, longtime foreign sales expert Patrick Wachsberger is unveiling a trio of high-concept titles at the American Film Market — “Deepwater Horizon,” starring Mark Wahlberg; Emma Watson-Miles Teller musical “La La Land”; and “Now You See Me 2.”

    Though its reputation has been built on being the home of “Twilight” and “The Hunger Games” franchises, Lionsgate is using AFM to demonstrate just how far it’s come from its days as a mini-major.

    Production starts later this month in London on the sequel. Daniel Radcliffe, Lizzy Caplan and Taiwanese star Jay Chou came on board this week. Mark Ruffalo, Woody Harrelson, Jesse Eisenberg, Dave Franco, Morgan Freeman and Michael Caine will reprise their roles.

    “We are doing big movies,” said Wachsberger, co-chairman of Lionsgate’s motion picture group. “And we’re able to let people know when you’re releasing them — they are able to plan from the get-go. They can work on the tie-ins and the promotions.”

    “Deepwater Horizon,” has been dated for Sept. 30, 2016 — five years after Summit and Participant Media acquired feature rights to a New York Times article about the 2010 explosion of the Deepwater Horizon oil drilling platform in the Gulf of Mexico that killed 11 men.

    “It’s going to be like ‘The Perfect Storm’ and ‘Towering Inferno,’” Wachsberger said. “Lionsgate is really the only player in the independent world that can do really big movies like this.”

    “La La Land” begins shooting in California next year.

  • Reply to

    John Wick #1 Monday & Tuesday

    by retiredarmyjoe Oct 29, 2014 10:01 PM
    lagunadan92677 lagunadan92677 Oct 30, 2014 3:20 PM Flag

    John Wick clings to #1 for Wednesday also.

    Sentiment: Strong Buy

  • Reply to

    ceo this morning in china

    by outlawjohnmarston Oct 28, 2014 8:25 AM
    lagunadan92677 lagunadan92677 Oct 28, 2014 10:27 AM Flag

    "Well placed media sources have told Variety that talks are still ongoing and are currently focussed chiefly on the cost of the deal."

    If true, the negotiated price may be a pleasant surprise.

  • lagunadan92677 lagunadan92677 Oct 28, 2014 5:38 AM Flag

    Feltheimer’s main message seemed to be one of embracing the changes brought on by digital technology and changing demographics.

    “In the next five years, everything we do – the way we produce, package, distribute, market and monetize content — will be different,” he said.

    “And to those who worry that digital innovators will compress windows, turn business models on their heads and change our ecosystem… I would say, ‘You don’t need to,’ because new, better and more profitable paradigms are waiting to take their place.

    “If you’ve got the right content, a trusted brand, an efficient distribution mechanism and the means to effectively market to the consumer, new channels will be created and they will be successful.

    “Our Tribeca Short List channel that we announced last week is a perfect example. Now we won’t get everyone to subscribe to the Tribeca Short List. But we don’t have to, because we want to create a core affinity group of motivated film consumers and keep them satisfied — and, if we do, the channel will be very successful.”

  • HONG KONG — Jon Feltheimer, CEO of Lionsgate, offered plenty of enthusiasm for the China media scene, but offered no clue as to the possible sale of a third of his company to Alibaba.

    “We’re going to be cautious, find the right partner,” he said, Tuesday morning at a speech in Hong Kong at the Cable & Satellite Broadcasting Association of Asia annual convention.

    “China and the Asian territory is an incredible opportunity. We spend a lot of time looking at it, looking for the right partners,” said Feltheimer.

    “There are things perhaps that speak to our strengths, not the other studios’ strengths. And we are going to think as much locally as we can.”

    The name of Alibaba, the e-commerce giant that last month floated on the New York Stock Exchange, was only mentioned once.

    “In the coming months we’ll launch our Lionsgate Entertainment World streaming service with Alibaba, presenting movies, premium TV series exclusive footage, behind the scenes interviews and other special content for the Chinese consumer,” Feltheimer said.

    Financial market sources last suggested that Lionsgate is poised to sell upwards of 30% of the company to Alibaba. Well placed media sources have told Variety that talks are still ongoing and are currently focussed chiefly on the cost of the deal.

    Feltheimer said that the company is already making progress in China. “We had a great last couple of years. 4 or 5 years ago we made no money distributing our content in China. Last year we probably made more than previous 5 years combined. We released 7 movies in China. ‘Escape Plan’ did better in China than it did in the U.S. So we see a marvellous opportunity to do business,” he said.

    Sentiment: Buy

  • Reply to

    BABA Coverage Update

    by lagunadan92677 Oct 15, 2014 2:59 PM
    lagunadan92677 lagunadan92677 Oct 27, 2014 4:21 AM Flag

    Oct 27, 2014 BMO Capital Initiates Coverage on Buy 110.00
    Oct 27, 2014 Jefferies LLC Initiates Coverage on Buy 118.00

    Sentiment: Buy

  • Reply to

    JOHN WICK 870K for Thursday

    by retiredarmyjoe Oct 24, 2014 7:08 PM
    lagunadan92677 lagunadan92677 Oct 26, 2014 4:45 AM Flag

    An action movie with good reviews? John Wick should clean up when it's VOD time.

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