Typical upgrade by analysts. Wait for the stock to rise 25% in three months and then issue a buy rating. Or in the case of SeaWorld yesterday, after the stock tanks 30% in a day, change your buy rating to neutral. And to think someone pays these guys for their ratings.
In 2015, Summit Entertainment, riding on 2014's biggest hit "Guardians of the Galaxy", will introduce a new movie " Guardians of the Lionsgate". The movie, starring Jennifer Lawrence, will show the heroin valiantly thwarting all attempts by evildoers to steal Lionsgate films before their release. In an ironical twist, the movie, originally slated to be PG 13, will be rated R, as the heroine herself is outraged at topless photos of her being released without permission on the internet. Mel Gibson may be cast once again as the villain. Or perhaps Arnold. Whoever is chosen for this role will be working at minimum wage, as their last movie lost money. The raccoon has not yet been cast. The tree is rumored to be a beech. To ensure piracy will not occur, the movie is being shot on Kodak 8 millimeter film. Rumor has it that it may be released straight to DVD.
How could this happen? Best guess posted online was "Stallone tried to post it on his grandson's Facebook wall, thinking it was a message".
First, "Step Up All In" premiered with the lowest opening for the dance off series, at 6.6 million. Then there's EXP 3's problems. The estimate for EXP 3's upcoming opening weekend is 25 million, lowest for the franchise. Reviews for the film have been mediocre, and the film cost 100 million to make and to publicize. To make matters worse, Robert Wenokur, LGF's top anti piracy executive, stated the piracy of EXP 3 would have "immediate and severe consequences". If nothing of a more positive nature ensues over the next week, look for LGF's stock to retrench after its recent run up over the last month.
Up until this pirating fiasco, the news was about lawyers filing class action suits against LGF. Now LGF gets to sue various persons. Not the best of times for LGF.
Cliffs today is a breakeven play in iron ore. Earnings estimates for 2014 and 2015 show Cliffs basically breaking even, due to lowered iron ore price estimates. The question is, does Cliffs have the ability to stay solvent for the next three or four years, as iron ore prices will eventually rise?
Think of the start of a Disney movie. The first thing that shows up is Disneyland's castle. You immediately know who's movie this is. Universal movies? The earth rotating. Paramount? The tallest snow capped mountain. MGM? A roaring lion. 20th Century Fox? Moving searchlights. In each of these, you know the studio just by the image, before reading any words. Lionsgate? The word Lionsgate and a bunch of clouds. The clouds are similar to DreamWorks at the start of their movies. Summit? A vague one line drawing of a mountain. Reminds you of a larger movie studios introduction to a film. The problem for Lionsgate is that MGM has a lion and has for many decades. The problem for Summit is that Paramount has a mountain and has for many decades. I believe it's time for the creative types at Lions Gate Entertainment to come up with more distinctive beginnings to place at the start of their respective movie franchises. Image is important in the movie business.
On your original post concerning the pirated DVD of the upcoming Expendables 3; Is this going to be just a tiny blip on their quarterly earnings or is it something more substantial? I'm hoping it's the former.
It has everything to do with it. You are a name caller posting religious beliefs on a CLF message board, and you are not a credible poster.
LGF is down over three and a half percent at midday, and the volume at "halftime" today was as great as Mondays total volume for the day. I see no news re: LGF, or any industry news for that matter. What am I missing here?
Does this ruling have any effect at all on content providers?