Coinstar’s HUGE Strategic Move and 3 Media Titans on the Radar
Walt Disney Co. (NYSE:DIS): The Avengers has now surpassed two Star Wars movies to score the third highest domestic box office total ever. Titanic and Avatar are still higher on the list, but have fewer sequel and merchandising options, bringing more impressive potential opportunities for this Marvel Studios movie.
Coinstar, Inc. (NASDAQ:CSTR) announced that it will install Redbox machines in Family Dollar (NYSE:FDO) stores in 2012, as well as making deals with other dollar store chains. Craig-Hallum thinks the Family Dollar-Coinstar deal is a good match, and reinforces its Buy rating. Shares of Coinstar traded up $0.8 ($1.38%) recently at $58.86.
Don’t Miss: Netflix’s SEXY New Technology.
Comcast Corporation (NASDAQ:CMCSA): Bona Film Group Ltd., a Chinese film distributor, is conversing with four Hollywood studios—Comcast’s Universal Pictures, Sony (NYSE:SNE), News Corp.’s (NASDAQ:NWSA) Twentieth Century Fox, and Viacom’s (NYSE:VIA) Paramount Pictures—regarding co-producing films for distributing internationally. This is according to Wall Street Journal word from Bona CEO Yu.
Dish Network Corp’s (NASDAQ:DISH) ad-skipping technology (Auto Hop) is subject to a fight over whether it infringes on network TV copyrights. The conflict may depend on which court can be convinced to hear the argument, reports Bloomberg Businessweek. Dish desires court sanction on copyright basis for its digital video recording feature in New York, where an appeals court has earlier ruled that cable companies can supply customers with remote DVR services. If technology such as Auto Hop is taken up broadly, advertisers may be able to demand lower rates due to commercials being readily skipped. Shares of Dish traded up 0.37% ($0.1) recently at $26.95.
Investing Insights: Apple is CRUSHING These Tech Companies.
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