47.20 -0.28 (-0.59%)
After hours: 6:57PM EDT
|Bid||47.26 x 800|
|Ask||47.95 x 800|
|Day's Range||47.45 - 48.08|
|52 Week Range||41.38 - 59.59|
|Beta (3Y Monthly)||0.90|
|PE Ratio (TTM)||5.93|
|Forward Dividend & Yield||0.72 (1.40%)|
|1y Target Est||N/A|
The entertainment company, which held preliminary talks to sell its Starz pay-TV network to CBS Corp., has been struggling to thrive as an independent studio. Lions Gate had advanced 15% on May 17, when the talks with CBS were first reported. Sales in the TV division, which makes “Orange Is the New Black” for Netflix, slumped 7.4%.
NBC owned-and-operated Channel 5 looks to have benefited from a May in which political change was big news in Chicago.
The broadcast network is said to have made a $5 billion bid for Starz, a cable channel owned by the film-making company Lions Gate Entertainment Corp., which is set to report earnings for its latest quarter after the close of trading on Thursday. CBS is also likely inching closer to a recombination with Viacom Inc., a company with which CBS shares its controlling investor, Shari Redstone, 65. It’s been led by acting CEO Joseph Ianniello since September, when its longtime leader and face of the company, Leslie Moonves, was ousted following numerous sexual-harassment allegations.
Today we are going to look at CBS Corporation (NYSE:CBS) to see whether it might be an attractive investment prospect...
CBS Corp NYSE:CBSView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for CBS with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CBS. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CBS totaled $8.92 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. CBS credit default swap spreads are rising towards above average levels for the past 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Goetsch, a co-producer and writer for CBS’s "The Big Bang Theory," the highest-ranked sitcom on TV, explained that the written pitch for a new show is the equivalent to the business plan you might create for new venture. Goetsch began his career as a comedy writer on the TV program "3rd Rock From the Sun," which ran from 1996 to 2001. You can stream/download the full conversation, including the podcast extras on Apple iTunes, Bloomberg, Overcast and Stitcher.
“We don’t want a war in any way, but at the same time we won’t allow Iran to continue its hostile policies toward the kingdom,” Minister of State for Foreign Affairs Adel Al-Jubeir told reporters in Riyadh early Sunday morning. The commander of Iran’s powerful Islamic Revolutionary Guards Corps, General Hossein Salami, said his country isn’t looking for war but isn’t afraid of a confrontation, either. It cited intelligence reports of unspecified threats from Iran that have been disputed by some key allies.
The counter offer was made by the film studio behind the Hunger Games movies after CBS made an informal $5 billion bid for the cable network, the sources said. CBS's informal offer was made by Joseph Ianniello, the interim chief executive officer of CBS, about six weeks ago and Lions Gate Entertainment sought a higher valuation, the sources said. The approach underscores the scope of CBS's ambitions to compete more aggressively in a world in which it is squeezed by deep-pocketed tech companies on one side and rapidly consolidating peers on the other.
Take a look at the world's top 10 entertainment companies, spanning the movie, television, cable television, gaming, and streaming video sectors.
The counter offer was made by the film studio behind the Hunger Games movies after CBS made an informal $5 billion bid for the cable network, the sources said. CBS's informal offer was made by Joseph Ianniello, the interim chief executive officer of CBS, about six weeks ago and Lions Gate Entertainment sought a higher valuation, the sources said.
Lions Gate Entertainment Corp. shares soared more than 12% Friday, after The Information reported that CBS Corp. has made an informal bid for the company's Starz cable network for about $5 billion. The report cited four sources, three of whom said CBS is looking at a deal as a potential complement to Viacom, which CBS is also thinking of acquiring. CBS Interim CEO Joseph Ianniello made the offer a few weeks ago to Lions Gate executives, who turned it down, said the report. Lions Gate shares have fallen 36% in the last 12 months, while the S&P 500 has gained 5%.
When broadcasters staged their annual, extravagant showcases for next season's shows, they were after media-buyers' hearts and wallets and headlines about, say, wooing award-winner Edie Falco for a police series or Jimmy Smits of "L.A. Law" fame back to a new legal drama. Consider Fox's predicament with "Empire" and Jussie Smollett. The network made the surprise announcement that next season would be the show's last, enthusiastically trumpeting a plan to make it "a large television event," as Fox Entertainment CEO Charlie Collier described it during a news conference this week.
The actress Ellie Kemper isn’t picking sides in the streaming wars. She pays for at least five services, including Netflix, which is home to her show “The Unbreakable Kimmy Schmidt.”
The White House and US Department of Commerce took dual actions on Wednesday that would effectively ban Huawei from selling technology into the American market, and could also prevent it from buying semiconductors from Qualcomm in the US that are crucial for its production. Donald Trump issued an executive order declaring a “national emergency” in relation to threats against US telecoms, in a move that authorised the commerce department to “prohibit transactions posing an unacceptable risk” to national security.
Adage Capital Management is a Boston-based hedge fund, launched by Phil Gross and Robert Atchinson back in 2001. Both Phil Gross and Robert Atchinson previously worked at Harvard University’s endowment, and their team managed to beat the S&P 500 Index by an average of 4.5 percentage points annually. Considering this success, it comes as no […]
NEW YORK (AP) — CBS defended its decision to renew the drama series "Bull" after settling a sexual harassment claim against its star Michael Weatherly, saying the actor "owned" and apologized for his on-set behavior toward actress Eliza Dushku.
LOS ANGELES (AP) — "The Big Bang Theory" edged out "Game of Thrones" as the two beloved TV behemoths again topped the ratings as they approach their finales.
The band accumulated five No. 1 singles, six Grammy Awards, five American Music Awards and six No. 1 albums. Felder is a Rock & Roll Hall of Fame inductee and wrote the melody for the Eagles’ biggest hit, “Hotel California,” the main track on the album of the same name, which ranks No. 3 on the list of best-selling albums. The Eagles are the only band with two albums in the top 10 best-sellers (The Beatles have two in top 20).
Kaley Cuoco, star of CBS's "The Big Bang Theory," is selling her villa in Tarzana, California, for $6.9 million. Here's a look inside