NEW YORK, NY--(Marketwire - Sep 13, 2012) - www.ShinesRooms.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Entertainment - Diversified industry and are offering free analytical research on Time Warner Inc. (
The diversified entertainment industry seems somewhat mixed at present as consumer confidence continues to struggle to find firm footing in the current macro-economic uncertainty. Companies such as Time Warner Inc. and News Corp. could feel the impact of meager growth in advertising spending, which posted less than stellar growth in the second quarter. Get your free reports on Time Warner Inc. and News Corp. at http://www.ShinesRooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.
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Television saw advertising spending increase the most, with gains of 4.4 percent, but Internet display and newspaper ads fell 5.4 and 3.1 percent respectively. Some industry players continue to focus on expanding and diversifying their interests, as diversity can be a good insulator against volatility.
News Corp. recently announced that it has made a binding bid to acquire Australian Consolidated Media Holdings Ltd., for around $2.01 billion. The deal, which is scheduled for completion in November, would boost New Corp. stakes in Foxtel and Fox Sports Australia to 50 and 100 percent respectively. The News Corp. report is accessible for free by registering today at
The box office has also been up and down recently, with summer ticket sales in North America down 5 percent over 2011; although, year-to-date it is up over 3 percent over last year. Last weekend marked a real low point for the box office as not one film took $10 million for the first time since 2008. Despite the trying times, Time Warner's Warner Bros movies seem to be faring relatively well as they held the number one and number three spots for cumulative total earnings. "The Dark Knight Rises" was in first with a total of $ 437.8 million and "The Campaign" is third with 479.5 million. The Time Warner Inc. report is accessible for free by registering today at
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