Discovery Communications http://so-l.ru/tags/show/discovery_communications Sat, 25 Nov 2017 10:31:20 +0300 <![CDATA[Should You Get Rid of Discovery Communications (DISCA) Now?]]> Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.

One such stock that you may want to consider dropping is Discovery Communications, Inc. DISCA, which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in DISCA.

A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen six estimates moving down in the past 30 days, compared with two upward revisions. This trend has caused the consensus estimate to trend lower, going from $2.23 a share a month ago to its current level of $2.02.

Also, for the current quarter, Discovery Communications has seen four downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to 45 cents a share from 61 cents over the past 30 days.   

The stock has also seen some pretty dismal trading lately, as the share price has dropped 7.6% in the past month.

So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don’t have a long time horizon to wait.

If you are still interested in the Broadcast Radio and Television industry, you may instead consider a better-ranked stock - Cumulus Media Inc. CMLS. The stock currently sports a Zacks Rank #1 (Strong Buy) and may be a better selection at this time. You can see the complete list of today’s Zacks #1 Rank stocks here.

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Zacks Investment Research]]>
http://so-l.ru/news/y/2017_11_24_should_you_get_rid_of_discovery_communic Fri, 24 Nov 2017 16:30:00 +0300
<![CDATA[Pilgrim's Pride, Discovery Communications, Salesforce.com, Hewlett Packard Enterprise and HP highlighted as Zacks Bull and Bear of the Day]]> For Immediate Release

Chicago, IL – Nov 22, 2017 – Zacks Equity Research highlights Pilgrim’s Pride PPC as the Bull of the Day and Discovery Communications DISCA as the Bear of the Day. In addition, Zacks Equity Research provides analysis on the Salesforce.com CRM, Hewlett Packard Enterprise HPE and HP Inc. HPQ.

Here is a synopsis of all five stocks:

Bull of the Day:

If Pilgrim’s Pride is known for anything, it’s chicken. In fact, one out of every five chickens in the U.S. comes from Pilgrim’s, which counts itself as the second-largest chicken producer in world; the company has the capacity to process over 34 million birds per week, totaling more than 10 billion pounds of live chicken annually.

Headquartered in Greeley, Colorado, Pilgrim’s Pride is a Zacks Rank #1 (Strong Buy), and earnings are expected to grow almost 63% in fiscal 2017. Its recent $1 billion purchase of Moy Park, which supplies 25% of chicken consumed in western Europe, should be “immediately accretive to earnings per share.”

Impressive Third Quarter Earnings

A few weeks ago, Pilgrim’s reported better-than-expected third quarter results.

Earnings of 93 cents per share comfortably surpassed the Zacks Consensus Estimate of 77 cents per share. Net income was $232.7 million.

Revenues came in at $2.79 billion, also beating our consensus estimate and growing year-over-year. Pilgrim’s revenues from its three main regional operations improved greatly during the quarter; U.S., Mexican, and European revenues increased 12.4%, 11%, and 11%, respectively.

Operating income for the quarter was $372 million, while adjusted operating income margin for the U.S. was 16.6%. Gross margin expanded 700 basis pointed (bps) year-over-year to 17.1%.

Bullish Outlook

Overall, the U.S. Department of Agriculture expects the chicken industry to record growth next year, with demand for organic and antibiotic-free chicken products to increase.

Pilgrim’s Pride only stands to benefit from this outlook.

Going forward, the company’s Moy Park acquisition will likely help fortify its European business.

And, the successful integration of GNP Company, which they bought in January, is projected to boost PPC’s near-term profitability.

GNP is another popular name in the chicken industry, and Pilgrim’s currently projects annualized synergies of $40 million as a result of the acquisition.

Strong Growth Estimates

Not only does Pilgrim’s expect double digit earnings growth for this fiscal year, but revenues are anticipated to increase 19.5% in the same time frame.

For the current quarter, earnings and sales are projected to rise about 94% and 35%, respectively, with one analyst revising their estimate upwards in the last seven days.

Earnings estimates for 2018 are also on the rise, jumping to $2.99 per share from $2.85 per share in the last 30 days.

Will the Rally Continue?

2017 was a big year for shares of Pilgrim’s Pride. The stock has gained around 87% so far this year compared to the S&P 500’s return of 14.4%.

If the chicken market continues to be as fruitful as it has been, PPC could gain even more.

Bear of the Day:

Discovery Communications is a media company that boasts a portfolio with some of the most popular names in cable television: Discovery Channel, TLC, and Animal Planet, as well as OWN: Oprah Winfrey Network, Science Channel, and many more Discovery branded channels.

Its 13 U.S. cable and satellite TV networks reach between 47 and 85 million households each.

No matter how popular Shark Week is, the Zacks Rank #5 (Strong Sell) stock has certainly felt the negative effects of cord-cutting and its continued changes to the television landscape.

Mixed Third Quarter Results

At the beginning of the month, Discovery reported earnings of 43 cents per share (excluding 5 cents from non-recurring items), which fell considerably behind the Zacks Consensus Estimate of 55 cents.

Revenues, though, grew 6% year-over-year to $1.65 billion and outpaced our consensus estimate of $1.638 billion.

In its U.S. Networks division, Discovery said that revenues increased 4% to $823 million, noting that segmental growth was driven by 6% and 3% growth in distribution and advertising revenues, respectively.

But, revenues from the Education and Other division fell 26% to $32 million, primarily due to the impact of the sale of its Raw and Betty production studios.

Total subscribers declined 5% in the U.S., an increase from the second quarter and up 2% in the period a year ago.

Additional content:

Salesforce, Hewlett Packard Slip Post-Earnings

Salesforce.com topped expectations in its fiscal Q3 2018 earnings report, bringing in 39 cents per share -- a 2-cent beat, but also 66% growth year over year) -- on $2.68 billion in revenues that came in slightly ahead of expectations. Guidance for fiscal year 2018 was bumped up to $1.32-1.33; the Zacks consensus had it at $1.31 ahead of the report. Shares are selling off 1% on the news, though CRM stock had been up 59% year to date. For more info on CRM's earnings, click here.

Hewlett Packard Enterprise beat fiscal Q4 2017 estimates on both top and bottom lines, posting 30 cents per share on revenues of $8.2 billion in the quarter, outperforming the 28 cents and $7.71 billion, respectively, in the Zacks consensus estimates. The company, which split in half from Hewlett-Packard Inc. 2 years ago, kept guidance for Q1 and full-year 2018 within range of Zacks estimates. This marks the second-consecutive beat for HPE, but shares have nevertheless sold off more than 7% in late trading. For more info on HPE's earnings, click here.

Its split partner, HP Inc., also reported fiscal Q4 earnings, meeting the 44 cents per share expected on $13.9 billion, which surpassed the Zacks consensus $13.3 billion. Guidance for Q1 2018 is for 38-42 cents per share; the Zacks estimate is already at 42 cents. Full-year 2018, the company guided to $1.70-1.80 per share; our estimate is $1.78. Shares are down more than 5% in late trading on the news. While HPQ had been up more than 51% year to date, HPE has sold off 39%.

Want more stock market analysis from this author? Make sure to follow @Ryan_McQueeney on Twitter!

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Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.

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Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.


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Pilgrim's Pride Corporation (PPC): Free Stock Analysis Report
 
Discovery Communications, Inc. (DISCA): Free Stock Analysis Report
 
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Zacks Investment Research]]>
http://so-l.ru/news/y/2017_11_22_pilgrim_s_pride_discovery_communication Wed, 22 Nov 2017 15:20:00 +0300
<![CDATA[Bear of the Day: Discovery Communications (DISCA)]]>

Discovery Communications (DISCA) is a media company that boasts a portfolio with some of the most popular names in cable television: Discovery Channel, TLC, and Animal Planet, as well as OWN: Oprah Winfrey Network, Science Channel, and many more Discovery branded channels.

Its 13 U.S. cable and satellite TV networks reach between 47 and 85 million households each.

No matter how popular Shark Week is, the Zacks Rank #5 (Strong Sell) stock has certainly felt the negative effects of cord-cutting and its continued changes to the television landscape.

Mixed Third Quarter Results

At the beginning of the month, Discovery reported earnings of 43 cents per share (excluding 5 cents from non-recurring items), which fell considerably behind the Zacks Consensus Estimate of 55 cents.

Revenues, though, grew 6% year-over-year to $1.65 billion and outpaced our consensus estimate of $1.638 billion.

In its U.S. Networks division, Discovery said that revenues increased 4% to $823 million, noting that segmental growth was driven by 6% and 3% growth in distribution and advertising revenues, respectively.

But, revenues from the Education and Other division fell 26% to $32 million, primarily due to the impact of the sale of its Raw and Betty production studios.

Total subscribers declined 5% in the U.S., an increase from the second quarter and up 2% in the period a year ago.

Impact of Scripps Network Deal

Earlier this year, Discovery announced that it would be acquiring Scripps Networks Interactive (SNI).

Scripps is a fellow media company whose portfolio includes big television names like HGTV, Travel Channel, and the Food Network.

Together, the company will offer 300,000 hours of content and capture a roughly 20% share of U.S. ad-supported cable audiences.

While this is certainly a huge opportunity to take advantage of, the longer-term issues facing the shrinking pay-TV industry would still remain.  

Earnings Estimates Lowered

Overall, it seems that analysts are bearish on DISCA’s future outlook.

For the current quarter, four analysts cut their estimates in the last 30 days, lowering the Zacks Consensus to 45 cents from 61 cents per share; this represents a year-over-year decline of 13.7%.

This sentiment even spills over into next year, where seven analysts revised their estimates lower over the last 30 days. The Zacks Consensus now sits at $2.25 for fiscal 2018, down from $2.50.

Shares Down on the Year

Shares of Discovery have fallen over 38% year-to-date, and over the last three years, the stock has lost roughly half its value.

Discovery currently trades at a forward P/E of 8.47

As I said above, the broad television industry is experiencing some major changes right now—and has been for some time, thanks to cord cutters and the rise of streaming platforms like Netflix (NFLX).

The company will need to smartly utilize its upcoming acquisition of Scripps, otherwise it could fall even farther behind as more and more consumers choose to view content online.

For investors looking for a media stock with more near-term potential, they should consider AMC Networks (AMC), a Zacks Rank #3 (Hold) company that anticipates 22.3% earnings growth for the year.

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http://so-l.ru/news/y/2017_11_22_bear_of_the_day_discovery_communication Wed, 22 Nov 2017 14:40:00 +0300
<![CDATA[Руперт Мердок разбогател на $800 млн из-за слухов о продаже активов 21st Century Fox]]> Состояние Руперта Мердока подскочило на $800 млн на фоне слухов о продаже ряда активов 21st Century Fox, свидетельствуют данные Forbes.

Фондовый рынок позитивно отреагировал на сообщения о продаже активов Fox. После того как ряд СМИ сообщили, что 21st Century Fox ведет переговоры с Comcast о продаже своей киностудии и других активов, цена акций компании выросла c $29,32 до $31,25, увеличив состояние Мердока на $800 млн, до $13,5 млрд.

Мердок, выходец из Австралии и гражданин США, также возглавляет медиаконгломерат News Corp. Его империя включает Fox News и The Wall Street Journal в США, а также газеты The Sun и The Times в Великобритании. Скачок цен на акции делает его вторым богатейшим медиамагнатом после экс-мэра Нью-Йорка Майкла Блумберга.

Вечером 16 ноября Wall Street Journal и CNBC написали о том, что Comcast и Verizon заинтересованы в покупке части активов 21st Century Fox. Эти сообщения появились менее чем через две недели после того, как стало известно, что Disney также ведет переговоры с компанией Мердока о приобретении некоторых ее активов.

По их данным, Fox планирует расстаться с рядом кабельных каналов, в том числе National Geographic и FX, а также киностудиями, выпустившими такие хиты, как X-Men, Modern Family и The Simpsons. Также могут быть проданы и международные активы корпорации Мердока, в частности 39% телекоммуникационной компании Sky.

Обсуждение продажи активов Fox развернулось на фоне волны консолидации в медиаиндустрии. Sinclair Broadcast Group ждет одобрения сделки по покупке Tribune Media за $3,9 млрд, А Discovery Communications — с Scripps Networks в сделке на сумму $11,9 млрд. Компания Walt Disney уже владеет телевизионными сетями ABC и ESPN, а Comcast владеет NBCUniversal.

Как Disney, так и Comcast могут столкнуться с проблемами в части антимонопольного законодательства, если они приобретут часть холдинга Мердока, но у Verizon, которая, по имеющимся сообщениям, работает над созданием потокового телевидения, их может быть меньше.

В то же время новостной и спортивный бизнес 21st Century Fox, в том числе флагманский Fox News, не продается и станет основой более упорядоченной структуры, если будут проданы другие подразделения, отмечает Forbes.

В течение последних полутора лет вокруг консервативного канала разгорелся ряд скандалов, связанных с обвинениями в сексуальных домогательствах, что привело к отставке генерального директора Роджера Айлеса и популярных ведущих Билла О'Рейли и Эрика Боллинга. Все трое публично опровергли обвинения, а Мердок вернулся в Fox News в качестве председателя после ухода Айлеса (Айлес умер в мае этого года).

Сын бывшего военного корреспондента Мердок унаследовал газету в возрасте 21 года, когда его отец скончался. Он расширил семейный бизнес, скупая газеты в Австралии и Новой Зеландии, затем перебрался в Британию и США. Когда бизнесмен уже на протяжении длительного времени был жителем Манхэттена, в 1976 году он приобрел New York Post, и таблоид принадлежит ему до сих пор. Его два сына, Лаклан и Джеймс Мердок, помогают контролировать 21st Century Fox и News Corp и работают над приобретением остальной части Sky, однако эта идея пока не нашла поддержки у британского регулятора.

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http://so-l.ru/news/y/2017_11_20_rupert_merdok_razbogatel_na_800_mln_iz Mon, 20 Nov 2017 17:25:42 +0300
<![CDATA[Роскомнадзор проверит родственников владельцев российских СМИ]]> Роскомнадзор может получить право на изучение родственных связей владельцев российских СМИ. Наличие у них близкого родственника-иностранца может быть расценено как признак косвенного контроля, считает Минкомсвязь

Минкомсвязь подготовила поправки в закон "Об актах гражданского состояния". Соответствующий документ размещен на официальном портале проектов нормативных правовых актов. Министерство предлагает предоставить Роскомнадзору доступ к федеральной государственной информационной системе "Единый реестр записей гражданского состояния".

Это необходимо, чтобы Роскомнадзор, в частности, отслеживал, как исполняется закон "О СМИ", уточняет министерство в пояснительной записке к законопроекту. Ведомство напоминает, что с января 2016 года иностранным гражданам запрещено прямо или косвенно контролировать учредителя любого российского СМИ (доля иностранного капитала в компании - учредителе СМИ с того времени ограничена 20%). При этом, обращает внимание Минкомсвязь, согласно пп. 11 п. 2 ст. 105.1 Налогового кодекса, "формальным критерием контроля и управления может являться наличие родственных отношений между физическим лицом и его супругом (супругой), родителями [...], детьми [...], полнородными и неполнородными братьями и сестрами". Таким образом, Роскомнадзору необходим доступ к единому реестру записей гражданского состояния, чтобы в том числе иметь информацию и​ о близких родственниках владельца СМИ, объясняют в ведомстве.

Наличие у владельца СМИ близких родственников с иностранным гражданством не является стопроцентным признаком косвенного контроля, разъяснил РБК замминистра связи и массовых коммуникаций Алексей Волин. Но, подчеркнул он, потенциальная возможность такого косвенного контроля имеется, поэтому каждый случай нужно рассматривать индивидуально.

В Минкомсвязи предлагают предоставить Роскомнадзору с 1 января 2018 года доступ к единому реестру записей гражданского состояния.

Поправки в закон "О СМИ" изменили структуру собственности многих издательских домов и телевещателей, работающих в России. Например, американская Discovery Communications (Discovery Channel, Animal Planet, Eurosport и др.) создала совместное предприятие с Национальной медиа группой, передав ей 80% в своем российском бизнесе. Немецкая Axel Springer (Forbes, Geo и др.) продала все издания в России предпринимателю Александру Федотову. Немецкая Burda уступила своему российскому топ-менеджеру юрлицо, на которое оформлены редакции ее местных журналов.

Среди известных примеров сделок между членами семьи - изменение структуры собственности газеты "Ведомости". Весной 2015 года треть в компании, владеющей ЗАО (сейчас АО) "Бизнес Ньюс Медиа", издателя "Ведомостей", у финской Sanoma Corp. приобрел бизнесмен Демьян Кудрявцев. В конце года свои активы в медиа (помимо "Ведомостей" это, в частности, также журналы Men's Health и National Geographic) Кудрявцев передал своей жене Яне Мозель-Кудрявцевой - гражданке России. Передача активов была необходима из-за возникших у властей вопросов к гражданству самого Кудрявцева: помимо российского у бизнесмена было гражданство Израиля, он отказался от него, но не смог доказать этот факт российскому регулятору - Роскомнадзору (в Израиле не существует формы подтверждения отказа от гражданства). В феврале 2017 года Кудрявцева лишили и российского гражданства: ​такое решение было принято Министерством внутренних дел на основании ст. 22 закона "О гражданстве Российской Федерации" (отмена решения о получении гражданства в случае, если судом установлен факт использования подложных документов или сообщение заведомо ложных сведений).

Сейчас единственным собственником АО "Бизнес Ньюс Медиа" является, по данным "СПАРК-Интерфакса", АО "Аркан Инвестмент", которое, в свою очередь, по данным ЕГРЮЛ на ноябрь 2015 года, принадлежит Яне Мозель-Кудрявцевой. Демьян Кудрявцев входит в совет директоров АО "Бизнес Ньюс Медиа".

В беседе с РБК Демьян Кудрявцев заявил, что законодательные принципы должны быть едины. "Ничего не знаю про инициативу Минкомсвязи. Но если быть чьим-то родственником недопустимо, это должно распространяться и на все остальное. К примеру, депутат Госдумы [по факту] ничем не владеет, потому что заводиком владеет жена. Если мы считаем, что сам человек и его родственник - одно целое, давайте тогда так считать про всё. Не очень понятно, что в таком случае случится с системой госуправления после этого", - отметил он, выразив надежду, что "до этого не дойдет". Кудрявцев отказался прокомментировать РБК, могут ли данные изменения закона привести к смене собственников "Ведомостей". "Не будем гадать. Мы живем в реально изменяющемся мире", - сказал он и уточнил, что "на данный момент не восстановил российское гражданство" и является гражданином Израиля.

В ст. 19.1 закона "О СМИ" ничего не говорится о том, что граждане России, имеющие родственников-иностранцев, могут быть ограничены в правах на владение СМИ, считает адвокат межрегиональной коллегии адвокатов "Клишин и партнеры" Владимир Энтин. "Законодатель не дал трактовки, что нужно применять данное положение Налогового кодекса к тем ограничениям, которые действуют в рамках закона "О СМИ", - говорит юрист. - Это можно трактовать как расширение перечня тех граждан, на которых будет накладываться ограничение на владение СМИ".

Требования к гендиректору

В компании - учредителе российского СМИ также не может быть гендиректор с иностранным или двойным гражданством. Поскольку он, будучи единоличным исполнительным органом, контролирует компанию. По этой причине в 2016 году гендиректором канала ТНТ перестал быть Игорь Мишин, имеющий также греческое гражданство (позже покинул ТНТ), а канала ТВ3 - гражданка Украины Дарья Легони-Фиалко (сейчас работает в "СТС Медиа"). В том же году пост гендиректора АО "АС Рус Медиа", издателя Forbes в России, оставила имеющая немецкое гражданство Наталья Гандурина (позже покинула ИД).


(http://www.rbc.ru/technol...)]]>
http://so-l.ru/news/y/2017_11_15_roskomnadzor_proverit_rodstvennikov_vlad Wed, 15 Nov 2017 00:40:02 +0300
<![CDATA[Discovery (DISCA) Q3 Earnings Miss, Revenues Beat Estimates]]> Discovery Communications, Inc. DISCA reported mixed results in the third quarter of 2017, wherein revenues surpassed the Zacks Consensus Estimate but earnings lagged the same. The earnings miss disappointed investors. Consequently, shares of the company declined in early trading.

The company’s earnings (excluding 5 cents from non-recurring items) of 43 cents per share missed the Zacks Consensus Estimate of 55 cents. The bottom line, however, expanded 19.4% on a year-over-year basis.

Discovery’s third-quarter revenues of $1,651 million improved 6.1% on a year-over-year basis. Also, revenues outpaced the Zacks Consensus Estimate of $1,638.2 million.

The increase in revenues witnessed in the U.S. Networks and International Networks units was somewhat mitigated by the dismal show of the Education and Other division. However, quarterly adjusted operating income before depreciation and amortization (OIBDA) increased 3% year over year.

Discovery Communications, Inc. Price, Consensus and EPS Surprise

 

Discovery Communications, Inc. Price, Consensus and EPS Surprise | Discovery Communications, Inc. Quote

Quarterly Performance

Revenues in the U.S. Networks division at Discovery rose 4% to $823 million. Segmental growth was driven by 6% and 3% growth in distribution and advertising revenues, respectively.

Distribution revenues came in at $402 million compared with $381 million a year-ago. Higher affiliate fee rates and increase in revenues from content licensing led to the growth.

Advertising revenues came in at $407 million compared with $396 million a year-ago. Favorable pricing contributed to the growth.  Revenues from other sources declined 13% to $14 million in the quarter. Also, adjusted OIBDA was up 5% year over year for the segment. Adjusted OIBDA margin was flat at 58%. Total portfolio subscribers at Discovery declined 5% in the third quarter of 2017.

In addition, International Networks revenues rose 11% to $796 million.  While Distribution revenues in the segment improved 13% to $479 million, advertising revenues increased 9% to $298 million. Revenues from other sources were flat on a year-over-year basis at $21 million. Adjusted OIBDA margin slid to 23% compared with 25% a year ago.

Also, revenues from the Education and Other division fell 26% to $32 million. This decline was primarily due to the impact of sale of the Raw and Betty production studios of the company.

Liquidity

The company exited the third quarter of 2017 with cash and cash equivalents of $6,994 million and $14,676 million of debt (non-current portion) compared with $300 million and $7, 841 million, respectively, at the end of 2016. During the quarter under review, the company shelled out $102 million on share buybacks.

Zacks Rank & Key Picks

Discovery Communications, which is scheduled acquire Scripps Networks Interactive SNI early next year, carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Consumer Discretionary sector are Netflix, Inc. NFLX and SIRIUS XM Holdings SIRI carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1Rank (Strong Buy) stocks here.

Shares of Netflix have gained more than 10%, respectively, in a month. Meanwhile, the SIRIUS XM stock has seen the current-year Zacks Consensus Estimate for earnings being revised 11.8% upward over the last 90 days.

Zacks’ Best Private Investment Ideas

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Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

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To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2017_11_02_discovery_disca_q3_earnings_miss_reve Thu, 02 Nov 2017 21:25:00 +0300
<![CDATA[Scripps Networks (SNI) Q3 Earnings Top, Revenues Miss Mark]]> Scripps Networks Interactive Inc. SNI reported mixed results in the third quarter of 2017. The company’s earnings (excluding 10 cents from non-recurring items) of $1.05 per share surpassed the Zacks Consensus Estimate of 98 cents. However, the bottom line declined 16.7% on a year-over-year basis mainly due to high costs.

The company’s third-quarter operating revenues of $825.5 million fell short of the Zacks Consensus Estimate of $838.6 million. Revenues were up 2.8% year over year on strong TV advertising and distribution revenues. Advertising revenues came in at $567.40 million, up 2% year over year, while Distribution revenues rose 5.1% to $233.06 million. On the other hand, Other revenues inched up 0.4% year over year.

Third-quarter consolidated segment profits (on an adjusted basis) totaled $303.40 million, down 4.5% year over year. Quarterly operating income (on a reported basis) declined 2.7% to $250.91 million.

At the end of the third quarter of 2017, Scripps Networks had $114.73 million in cash & cash equivalents and $2.67 billion of debt (less current portion) on its balance sheet compared with $122.94 million and $2.95 billion, respectively, at the end of 2016.

Incidentally, the company is scheduled to be acquired by Discovery Communications DISCA early next year.

Segmental Performance

U.S. Networks

Quarterly revenues came in at $692.37 million, up 0.9% year over year. Advertising revenues slipped 0.6% year over year to $474.80 million on account of lower advertising impressions delivered and a shift in inventory mix. Distribution revenues increased 4.7% year over year to $203.50 million, driven by a rise in negotiated annual rate as well as revenues from over-the-top distribution platforms.

Segmental (adjusted) profits came in at $308.59 million, down 5.7% year over year, driven by an increase in programming and marketing expenses.

International Networks

Quarterly total revenues of $139.4 million were up 13.1% year over year on the back of favorable foreign currency movements and strong advertising revenues. Segmental adjusted profits totaled $15.91 million compared with $15 million in the prior-year quarter.

Conversely, loss (adjusted) from the Corporate and Other segment narrowed to $21.10 million from $24.69 million a year ago.

 

Scripps Networks Interactive, Inc Price, Consensus and EPS Surprise

 

Scripps Networks Interactive, Inc Price, Consensus and EPS Surprise | Scripps Networks Interactive, Inc Quote

 

Guidance for 2017

The company anticipates segment profit in the range of $1.42-$1.43 billion for full-year 2017.

Zacks Rank & Key Picks

Scripps Networks currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Consumer Discretionary sector are Sky plc SKYAY and Netflix, Inc. NFLX, both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of Sky and Netflix have gained more than 3% and 10%, respectively, in a month.

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Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

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To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2017_11_02_scripps_networks_sni_q3_earnings_top Thu, 02 Nov 2017 16:10:00 +0300
<![CDATA[Discovery Communications (DISCA) Misses on Q3 Earnings]]> Discovery Communications Inc. DISCA offers original and purchased programming in the United States andmore than 220 other countries and territories in over 40 languages. The company has reported lower-than-expected earnings in three of the last four quarters.

Currently, Discovery Communications has a Zacks Rank #3 (Hold), but that could definitely change following Discovery’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.  

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: The company’s third quarter 2017 earnings (on an adjusted basis) of 43 cents per share missed the Zacks Consensus Estimate of 55 cents per share. Earnings increased substantially from the year-ago figure.

Revenue: Discovery Communications reported revenues of $1,651 million, up 6% on a year over year basis. Revenues were above the Zacks Consensus estimate of $1,638.2 million. Strong performance of the U.S. Networks division drove the top line.

Key Stats to Note: Quarterly adjusted operating income before depreciation and amortization (OIBDA) increased 3% year over year. During the quarter under review, the company bought back shares worth $102 million.

Check back later for our full write up on this Discovery Communications earnings report later!

 

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Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

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Discovery Communications, Inc. (DISCA): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2017_11_02_discovery_communications_disca_misses Thu, 02 Nov 2017 15:56:00 +0300
<![CDATA[Why an Earnings Beat is Likely for Scripps (SNI) in Q3?]]> Scripps Networks Interactive SNI is scheduled to report third-quarter 2017 earnings on Nov 1, after market close.

In the last quarter, the company’s earnings (excluding special items) of $1.79 per share surpassed the Zacks Consensus Estimate of $1.62. Also, the bottom line improved 26.1% on a year-over-year basis on the back of a 3.6% growth in revenues.

Notably, Scripps Networks has surpassed the Zacks Consensus Estimate for earnings in three of the last four quarters, with an average beat of 17.7%.

Lets delve deep to find out the factors likely to have a bearing on Scripps Networks’ third-quarter results.

Below-par advertising revenues are expected to hurt the performance of the company’s flagship division - U.S. Networks. The Zacks Consensus Estimate for third-quarter segmental advertising revenues is pegged at $491 million, much lower than the $553 million reported in the second quarter of 2017.  Total revenues from the U.S. Networks division is pegged at $711 million, much lower than the $779 million in the preceding quarter.

The International Networks segment is also expected to disappoint in the third quarter of 2017. In fact, the pessimism regarding the sector can be made out from the Zacks Consensus Estimate for third-quarter adjusted profits from the unit that is pegged at $5.27 million, much lower than the $38.78 million in the second quarter of 2017.

Increased programming, selling, general and administrative expenses are also likely to hurt the bottom line in the to-be-reported quarter. Evidently, shares of Scripps Networks have declined 3.1% over the last month, as against the Zacks Broadcast Radio And Television industry’s growth of 0.7%.

Despite all the pessimism surrounding the stock, an earnings beat might not be too difficult for Scripps Networks in this quarter owing to reduced expectations. In fact, the Zacks Consensus Estimate for the third quarter seems to be pretty conservative, 40.6% below $1.65 per share reported in second-quarter 2017.

However, we believe that more than the earnings numbers, investors await updates on the impending acquisition of Scripps Networks by Discovery Communications DISCA.

What Does our Model Say?

Our proven model shows that Scripps Networks is likely to beat earnings in the soon-be-reported quarter because it has the right combination of two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better — to increase its odds of an earnings surprise.

Zacks ESP: Scripps Networks has an Earnings ESP of +5.10% as the Most Accurate estimate is pegged at 5 cents above the Zacks Consensus Estimate of 98 cents per share. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Scripps Networks carries a Zacks Rank #3, which when combined with a positive ESP, makes us confident of an earnings beat.

Conversely, we caution against stocks with a Zacks Ranks #4 or 5 (Sell rated) going into an earnings announcement, especially when the company is seeing negative estimate revisions.

Other Stocks to Consider

Scripps Networks is not the only company in the broader Consumer Discretionary sector that is looking up this earnings season. Here are some companies from the same space, which according to our model also have the right combination of elements to post earnings beat this quarter:

Activision Blizzard ATVI has an Earnings ESP of +5.80% and a Zacks Rank #1 (Strong Buy). The company will report third-quarter 2017 earnings numbers on Nov 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Belmond BEL has an Earnings ESP of +6.25% and a Zacks Rank #3. The company will reveal third-quarter results on Nov 6.

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

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Discovery Communications, Inc. (DISCA): Free Stock Analysis Report
 
Activision Blizzard, Inc (ATVI): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2017_10_30_why_an_earnings_beat_is_likely_for_scrip Mon, 30 Oct 2017 17:49:00 +0300
<![CDATA[Diversification Strategy to Aid NY Times (NYT) Q3 Earnings]]> The New York Times Company NYT, a diversified media conglomerate, is slated to report third-quarter 2017 results on Nov 1. In the trailing four quarters, it has outperformed the Zacks Consensus Estimate by an average of 43.1%. In the preceding quarter, the company witnessed a positive earnings surprise of 38.5%. Investors are keeping their fingers crossed and hoping that the company surpasses earnings estimate even this time. Let’s delve deep and find out the factors impacting the results.

Strategies on Track, Ad Revenue a Concern

The New York Times Company is diversifying business, adding new revenue streams, strengthening balance sheet and restructuring portfolio. It has offloaded assets in order to re-focus on core newspapers and pay more attention to its online activities. The company has been adding diverse revenue streams, such as a pay-and-read model, to stay less vulnerable to economic conditions. It is not only gearing up to become an optimum destination for news and information but is also now focusing on service journalism, with verticals like Cooking, Watching and Well.

The New York Times Company has been struggling with dwindling advertising revenues for quite some time now. Analysts pointed that increasing online readership has made the print-advertising model redundant. Print advertising revenue fell 10.5% in the second quarter of 2017, following a decline of 17.9% in the preceding quarter. Although, total advertising revenue increased marginally by 0.8% during the second quarter, the company hinted that it is likely to decline in the mid to high-single digits in the third quarter.

How are Estimates Shaping Up?

The New York Times Company’s diversification strategy to counter dwindling advertising revenues is likely to have a favorable impact on the top and bottom lines. Analysts polled by Zacks expect third-quarter revenue to be $388 million, up 6.7% from the year-ago quarter. However, we note that the rate of growth is likely to decelerate from 9.2% registered in the preceding quarter. Meanwhile, earnings are projected to surge 50% year over year in the quarter, following an increase of 63.6% in the preceding quarter. Being stable in the last 30 days, the Zacks Consensus Estimate is currently pegged at 9 cents, up from 6 cents reported in the year-ago period.

New York Times Company (The) Price, Consensus and EPS Surprise

 

New York Times Company (The) Price, Consensus and EPS Surprise | New York Times Company (The) Quote

What Does the Zacks Model Say?

Our proven model does not conclusively show that The New York Times Company is likely to beat earnings estimates this quarter. This is because a stock needs to have both a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP for this to happen. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

The New York Times Company has an Earnings ESP of 0.00% as both the Most Accurate estimate and the Zacks Consensus Estimate are pegged at 9 cents. The company’s Zacks Rank #3 increases the predictive power of ESP. However, we need to have a positive ESP to be confident about an earnings surprise.

Stocks with Favorable Combination

Here are some companies you may want to consider as our model shows that these have the right combination of elements to post an earnings beat:

Activision Blizzard, Inc. ATVI has an Earnings ESP of +5.80% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Discovery Communications, Inc. DISCA has an Earnings ESP of +0.46% and a Zacks Rank #3.

Scripps Networks Interactive, Inc. SNI has an Earnings ESP of +5.10% and a Zacks Rank #3.

Zacks’ Best Private Investment Ideas

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Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

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New York Times Company (The) (NYT): Free Stock Analysis Report
 
Activision Blizzard, Inc (ATVI): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2017_10_30_diversification_strategy_to_aid_ny_times Mon, 30 Oct 2017 15:39:00 +0300
<![CDATA[Can Discovery (DISCA) Deliver a Beat This Earnings Season?]]> Discovery Communications, Inc. DISCA is scheduled to report third-quarter 2017 results on Nov 2, before the market opens.

Last quarter, the company witnessed a negative earnings surprise of 4.2%. Its earnings (on an adjusted basis) of 68 cents per share missed the Zacks Consensus Estimate of 71 cents. Also, the bottom line contracted 4.23% on a year-over-year basis.

Discovery’s second-quarter revenues of $1,745 million improved 2.2% on a year-over-year basis. However, the top line missed the Zacks Consensus Estimate of $1,764.4 million.

Let’s see how things shape up for this announcement.

Why a Likely Positive Surprise?

Our proven model shows that Discovery is likely to beat on earnings this quarter because it has the perfect combination of the following two key ingredients:

Zacks ESP: Discovery has an Earnings ESP of +0.46%, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate. A positive Zacks ESP is indicative of a likely earnings surprise. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Discovery carries a Zacks Rank #3 (Hold). Notably, stocks with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 have significantly higher chances of beating estimates.

Conversely, the Sell-rated stocks (#4 or 5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions.

What is Driving the Better-than-Expected Earnings?

Discovery’s joint venture with The Enthusiast Network (“TEN”) in August for automotive media is likely to aid results in the third quarter. This move marks the company’s entry into direct-to-consumer offerings. Discovery will take a majority controlling interest in the new venture with options to acquire 100% of its business.

Notably, Discovery has inked multiple deals to expand its reach. In September, the company renewed its distribution partnership with AT&T. The long-term carriage deal is aimed at expanding its portfolio of networks across more platforms. Following its renewal, the company's networks are available on all platforms of DirecTV.  This strategy is further expected to buoy results in the soon-to-be-reported quarter.

The company’s initiatives to reward shareholders through buybacks are also impressive.

However, declining advertising revenues have been hurting Discovery for quite some time now, besides foreign currency movements and higher costs. This might hit the top line in the third-quarter as well. The Zacks Consensus Estimate for third-quarter advertising revenues stands at $693 million, much below the previous quarter’s reported figure of $805 million.

Additionally, high costs are expected to affect the bottom line in the third quarter. Total costs are expected to grow in the range of high single to low double digits in the third quarter.

Other Stocks to Consider

Investors interested in the broader Consumer Discretionary sector may also consider Scripps Networks Interactive, Inc SNI, Activision Blizzard, Inc ATVI and Belmond Ltd. BEL asthese stocks possess the right combination of elements to come up with an earnings beat in their next releases.

Scripps Networks has an Earnings ESP of +5.10% and also carries a Zacks Rank of 3. The company is scheduled to report third-quarter 2017 results on Nov 1.

Activision Blizzard has an Earnings ESP of +5.80% and sports a Zacks Rank of 1. The company will report third-quarter 2017 earnings numbers on Nov 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Belmond has an Earnings ESP of +6.25%. The Zacks #3 Ranked company will reveal third-quarter results on Nov 6.

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.

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Scripps Networks Interactive, Inc (SNI): Free Stock Analysis Report
 
Belmond Ltd. (BEL): Free Stock Analysis Report
 
Discovery Communications, Inc. (DISCA): Free Stock Analysis Report
 
Activision Blizzard, Inc (ATVI): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research]]>
http://so-l.ru/news/y/2017_10_30_can_discovery_disca_deliver_a_beat_thi Mon, 30 Oct 2017 15:36:00 +0300
<![CDATA[SIRIUS XM (SIRI) Q3 Earnings & Revenues Surpass Estimates]]> SIRIUS XM Holdings Inc. SIRI reported third-quarter 2017 financial numbers, wherein both the top and bottom lines beat the Zacks Consensus Estimate.

Earnings of 6 cents per share exceeded the Zacks Consensus Estimate of 4 cents. The bottom line also soared 50% from the year-ago figure.

Total revenue of $1,379.6 million climbed nearly 8% year over year and also outpaced the Zacks Consensus Estimate of $1,363.8 million.

Quarterly total operating expenses were $945.63 million, up 6.8% year over year. SIRIUS XM posted record third-quarter adjusted EBITDA growth of 12% year over year to $551 million. The company’s average revenue per user increased 3% year over year to $13.41 in the third quarter.

At the end of the third quarter, SIRIUS XM had $521.23 million of cash from operations compared with $421.82 million in the prior-year quarter. Quarterly free cash flow was $433.79 million compared with $356.53 million in the year-ago quarter.

At the end of the quarter under review, SIRIUS XM had nearly $73.55 million of cash and cash equivalents and $6,728.35 million of long-term debt compared with $213.94 million and $5,842.76 million respectively, at the end of 2016. During the reported quarter, the company repurchased 39 million shares for $211 million. It shelled out approximately $308 million to complete the Pandora P investment. The company’s board also approved a 10% hike in quarterly dividend in the third quarter.

Segment Wise Results

Quarterly subscriber revenues totaled $1,136.03 million compared with $1,069.75 million in the prior-year quarter. Advertising revenues were $41.46 million compared with $34.27 million a year ago. Equipment revenues were $32.34 million compared with $31.31 million in the year-earlier quarter. Other revenues grossed $169.78 million in the quarter compared with $142.33 million in third-quarter 2016.

Subscriber Statistics

In the third quarter, SIRIUS XM added 119,000 net new subscribers.  As a result, the total subscriber tally was up 4% year over year to 32.17 million as of Sep 30, 2017 for this Zacks Rank #4 (Sell) company.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Payment category wise, Self-Pay subscriber count grew 6% year over year, while Paid Promotional customer count was down 5% year over year.

Sirius XM Holdings Inc. Price, Consensus and EPS Surprise

 

Sirius XM Holdings Inc. Price, Consensus and EPS Surprise | Sirius XM Holdings Inc. Quote

 

2017 Guidance

The company anticipates 1.4 million net new subscriber addition in 2017, unchanged from its previous prediction. It expects revenues of approximately $5.4 billion in 2017, slightly higher than its previous expectation of $5.37 billion. Adjusted EBITDA guidance is expected to be around $2.1 billion (previous guidance: $2.05 billion). Free cash flow is expected to be approximately $1.54 billion (previous outlook: $1.5 billion).

Upcoming Releases

Investors interested in the broader Consumer Discretionary sector are keenly awaiting earnings results from key players like Discovery Communications, Inc. DISCA and Viacom Inc. VIAB. While Discovery will report third-quarter earnings on Nov 2, Viacom will report fourth-quarter fiscal 2017 earnings on Nov 16.

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Viacom Inc. (VIAB): Free Stock Analysis Report
 
Pandora Media, Inc. (P): Free Stock Analysis Report
 
Sirius XM Holdings Inc. (SIRI): Free Stock Analysis Report
 
Discovery Communications, Inc. (DISCA): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2017_10_26_sirius_xm_siri_q3_earnings_revenues Thu, 26 Oct 2017 16:00:00 +0300
<![CDATA[Factors Influencing Time Warner's (TWX) Fate in Q3 Earnings]]> Time Warner Inc. TWX, which accepted the buyout offer of AT&T, Inc., is slated to report third-quarter 2017 results before the market opens on Oct 26. In the trailing four quarters, this media and entertainment company has outperformed the Zacks Consensus Estimate by an average of 16.7%. In the preceding quarter, the company witnessed a positive earnings surprise of 11.8%.

Investors are keeping their fingers crossed and hoping that Time Warner surpasses earnings estimate even this time. Let’s delve deeper and find out the factors impacting the results.

How are Estimates Shaping Up?

After registering an increase of 3% in the bottom line, Time Warner is likely to witness a year-over-year decline in the third quarter of 2017. The current Zacks Consensus Estimate for the quarter under review is $1.53 down from $1.83 reported in the year-ago period. We also note that the Zacks Consensus Estimate has decreased by a couple of cents in the past seven days, which indicates that analysts are not very optimistic about the company’s performance.

Meanwhile, analysts polled by Zacks expect revenues of $7,412 million, up 3.4% from the year-ago quarter. We note that the rate of growth is likely to decelerate from 5% registered in the preceding quarter.

Time Warner Inc. Price, Consensus and EPS Surprise

 

Time Warner Inc. Price, Consensus and EPS Surprise | Time Warner Inc. Quote

Factors Influencing This Quarter

We believe that Time Warner’s foray into new markets, focus on original programming, cost reduction and increasing investments in key areas bode well. Additionally, the company has been expanding digital presence to enable consumers to access content from several platforms and devices. Its investments in video content and technology continue to drive results. All these initiatives are likely to be reflected in the quarter to be reported.

However, decline in overall advertising spending and currency headwinds may adversely impact performance. Further, management had earlier projected that Turner division's total advertising revenue is likely to decline in the low-single digits in the third quarter. We also note that the Zacks Consensus Estimate of revenues for the segment, which is currently pegged at $2,777 million, is down from $3,102 million reported in the second quarter but reflects year-over-year growth of 6.4%.

Time Warner's Home Box Office (“HBO”) segment is expected to generate revenues of $1,555 million, up 9% from the year ago period. Management had earlier guided that Home Box Office’s subscription revenue growth rate would rise in the second half of 2017 and total revenues is projected to increase at a higher rate in the second half compared to the first half.

Analysts polled by Zacks envision revenue to decline at Warner Bros., which may weigh on the company’s top-line. Total revenues for the segment is projected to be $3,326 million, down 2.2% year over year.

What Does the Zacks Model Suggest?

Our proven model does not conclusively show that Time Warner is likely to beat earnings estimates this quarter. A stock needs to have both a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP for this to happen. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Time Warner carries a Zacks Rank #4 (Sell) but has an Earnings ESP of +5.23%, consequently making the surprise prediction difficult.

Stocks With Favorable Combination

Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat:

Activision Blizzard, Inc. ATVI has an Earnings ESP of +3.77% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Discovery Communications, Inc. DISCA has an Earnings ESP of +0.61% and a Zacks Rank #3.

Scripps Networks Interactive, Inc. SNI has an Earnings ESP of +0.29% and a Zacks Rank #3.

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Time Warner Inc. (TWX): Free Stock Analysis Report
 
Scripps Networks Interactive, Inc (SNI): Free Stock Analysis Report
 
Discovery Communications, Inc. (DISCA): Free Stock Analysis Report
 
Activision Blizzard, Inc (ATVI): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2017_10_24_factors_influencing_time_warner_s_twx Tue, 24 Oct 2017 15:49:00 +0300
<![CDATA[Совладелец Condé Nast Си Ньюхаус скончался на 90-ом году жизни]]> Совладелец издательского дома Condé Nast Самюэль «Си» Ньюхаус-младший (№109 в глобальном рейтинге Forbes, состояние $12,1 млрд) скончался утром 1 октября в возрасте 89 лет после продолжительной болезни. Об этом представитель ИД сообщил Forbes. В марте 2016 года его брат, Дональд Ньюхаус (№109 в глобальном рейтинге Forbes, состояние $12,1 млрд), сообщил, что миллиардер страдает деменцией.

«Си всегда был первым человеком, который приходил в офис, приезжая в него задолго до рассвета и каждый день демонстрируя творческий настрой в сочетании с бескомпромиссной деловой хваткой, — говорится в совместном заявлении Дональда, двоюродного брата Си и председателя Conde Nast International Джонатана, и племянника Си Стива Ньюхауса — председателя Advance.net, материнской компании ИД. — Любимое слово Си, которые он использовал как высшую похвалу, было «необыкновенный». Это слово, которое описывает то, чего он достиг и кем он сам был».

Братья родились в одной из самых влиятельных издательский династий США. После смерти их отца, Сэма Ньюхауса, в 1979 году Си и Дональд унаследовали Advance Publications, который был основан в 1922 году, и превратил его в Condé Nast Publications, один из крупнейших издательских домов в мире. Сейчас ИД издает Vogue, The New Yorker, Vanity Fair, Glamour, GQ и т.д.

В 2015 году братья продали свою телекоммуникационную компанию Bright House Networks компаниям Джона Мэлоуна за $11,4 млрд. Также Дональду и Си принадлежали пакеты в новостном сайте Reddit и в Discovery Communications. В общей сложности Си проработал в Condé Nast 40 лет, прежде чем занять пост почетного председателя компании в 2015 году. Сейчас издательская группа Advance Publications, которому принадлежит Conde Nast, входит в 200 крупнейших частных компаний США по версии Forbes, ее доход по итогам прошлого года составил $2,4 млрд.

«Когда Самуэль Ньюхаус-старший купил компанию в 1959 году, Condé Nast состоял преимущественно из Vogue, — говорится в заявлении генерального директора Condé Nast Боба Сауэрберга. — Си и его брат Дональд работали в тандеме, чтобы построить современный медиа-бизнес — им принадлежат журналы, газеты и ​​кабельные телеканалы, но Condé Nast всегда центральным активом и главным предметом страсти Си. Он отвечал за видение дома, его международную экспансию и его актуальность».

Главный редактор New Yorker Дэвид Ремник также рассказал о видении Си и его медиа-империи. «Си Ньюхаус не был случайным человек в журнальном бизнесе, — говорит он в своем заявлении. — Он любил журналы, он любил все, что с  ними связано — от концепции новых публикаций до оформления последнего выпуска — и эта страсть, это стремление к совершенству, свободе слова и творчества, проявлялась во всем».

«С уходом Си большие главы в истории журналов, написанные такими людьми, как Си и Генри Люс, заканчиваются, — сказал главный редактор Vanity Fair Грейдон Картер. — Концепцию развития Си и деликатную манеру, в которой он ее реализовывал, будут долго помнить в этих коридорах и в газетных киосках по всему миру». «Си Ньюхаус был самым необычным лидером», — заключила Анна Винтур, главный редактор Vogue.

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http://so-l.ru/news/y/2017_10_02_sovladelec_cond_nast_si_nyuhaus_skonchal Mon, 02 Oct 2017 13:26:26 +0300
<![CDATA[Скончался владелец Vogue и The New Yorker]]> http://so-l.ru/news/y/2017_10_01_skonchalsya_vladelec_vogue_i_the_new_yorke Sun, 01 Oct 2017 19:07:09 +0300 <![CDATA[Умер владелец Conde Nast Сэмюэл Ньюхаус]]> http://so-l.ru/news/y/2017_10_01_umer_vladelec_conde_nast_semyuel_nyuhaus Sun, 01 Oct 2017 18:20:00 +0300 <![CDATA[Discovery Communications upgraded to neutral from sell at UBS]]> ]]> http://so-l.ru/news/y/2017_09_26_discovery_communications_upgraded_to_neu Tue, 26 Sep 2017 22:55:01 +0300 <![CDATA[The 72nd Session of the UN General Assembly & other topics - Daily Briefing (21 September 2017)]]> http://so-l.ru/news/y/2017_09_22_the_72nd_session_of_the_un_general_assem Fri, 22 Sep 2017 00:27:33 +0300 <![CDATA[Scarlett Johansson and New Boyfriend Colin Jost: All the Juicy Details of Their Secret Relationship]]> Saturday Night Live’s Colin Jost just went public at the 2017 Emmys about his relationship with Scarlett Johansson. He only had sweet things to say about the Avengers actress, even suggesting she was going to be his date if she weren’t working.

Read on for a history of their relationship and a look at all of the endearing comments Jost made about Johansson at the Emmys.  

1. Where it all began

While walking the red carpet at the Emmys, Jost told Entertainment Tonight that the two first met on the set of SNL. “The first time she hosted was the first year I was a writer on the show,” said Jost. “So we’ve kind of known each other since then … she’s the best. I’m very happy, I’m very lucky.”

Johansson first hosted SNL in 2006, so the couple have known each other for quite some time.

2. They’ve known each other for 11 years

Scarlett Johansson stands on the sNL stage in a black turtleneck with her hands crossed in front of her

Scarlett Johansson has hosted SNL several times. | NBC

Though she first hosted SNL in January 2006, Johansson is no stranger to the SNL stage. She also hosted in April 2007, November 2010, May 2015, and March 2017. In addition to hosting, she also made cameos in the Feb. 4, 2006 show during the SNL digital short, and on Oct. 3, 2009, when she played Lexi (a returning character) in the “Mike’s Fountainry” sketch.

More recently, she’s been known on the show for her Ivanka Trump impression.

3. Getting cozy at a party

Colin Jost poses in a blue suit at a Netflix event

Colin Jost reportedly started dating Scarlet Johansson in May 2017. | Michael Loccisano/Getty Images

Rumors that Johansson and Jost were together started back in May when the couple was seen kissing and talking at an SNL party.

The speculation started to intensify when they were, again, seen together at Dave Chappelle’s birthday party in August 2017 at TAO Uptown in New York City. Reportedly, they hung out with friends most of the night (including SNL’s Cecily Strong and Michael Che) before leaving together at 2:30 a.m.

4. Things started heating up

Scarlett Johansson attends the 2017 Tony Awards at Radio City Music Hall on June 11, 2017 in New York City.

Scarlett Johansson and Colin Jost were spotted together several times this summer. | Jemal Countess/Getty Images

Then, over Labor Day 2017, Johansson and Jost were seen kissing in the rain and dancing to Diana Ross at a Hamptons party hosted by Discovery Communications Chief David Zaslav. The annual Zaslav Labor Day party typically includes a bonfire and drinks on the beach, but the rain reportedly interrupted the tradition this year.

A witness told Page Six that the two “kissed outside and didn’t care that it was raining.”

5. Before Jost, there was Romain Dauriac

Scarlett Johansson and Romain Dauriac stand next to each other

Scarlett Johansson and Romain Dauriac split in January 2017. | Pascal Le Segretain/Getty Images

In January 2017, Johansson split from her now ex-husband, Romain Dauriac, a French journalist. The two met through mutual friend, Fuzi Uvtpk, a tattoo artist. Us Weekly confirmed the end of their two-year marriage after a relatively private split and overall private marriage as well.

Johansson and Dauriac have a daughter together, Rose, born in 2014. It’s no wonder that Johansson and Jost have been taking things slow.

6. Johansson doesn’t believe monogamy is natural

Actress Scarlett Johansson attends New York Premiere of Sony's ROUGH NIGHT

Scarlett Johansson has discussed her views on monogamy. | Jamie McCarthy/Getty Images

Over the years, Johansson has made several comments about her views on monogamy. She said in 2006:

 I don’t think it’s a natural instinct for human beings, but it doesn’t mean I don’t believe in monogamy or true love. I believe in finding a soul mate. I’ve always been in monogamous relationships,I would never want to be in an open one. It’d be too awful. Monogamy can be hard work for some people. I don’t think it applies to everybody, and I don’t think a lot of people can do it.

Then in 2017, just after her recent divorce, she brought up the subject again, per Vanity Fair: “I think the idea of marriage is very romantic; it’s a beautiful idea, and the practice of it can be a very beautiful thing. I don’t think it’s natural to be a monogamous person.”

We’ll have to see if Johansson and Jost choose to go the monogamous route or not.

7. Jost was beaming at the Emmys

Colin Jost poses in a blue velvet tux at the 2017 Emmys

Colin Jost opened up about his new relationship at the 2017 Emmys. | Frazer Harrison/Getty Images

Jost finally came out and confirmed that he and Johansson were officially dating at the 2017 Emmys, and that he was even going to bring Johansson as his date, were she not working.

When asked about Johansson, Jost replied, “She’s wonderful. She’s working, so otherwise, she’d be here.” He also gushed, “She’s pretty cool … it’s hard to have a lot of complaints, she’s pretty awesome.”

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http://so-l.ru/news/y/2017_09_21_scarlett_johansson_and_new_boyfriend_col Thu, 21 Sep 2017 08:33:00 +0300
<![CDATA[Viacom Acquires Italian Free-to-Air Channel for Spike TV]]> Leading media and film entertainment firm Viacom Inc. VIAB has decided to strengthen its foothold in Europe. Recently, Viacom International Media Networks (VIMN), a division of Viacom, acquired Italian free-to-air channel LCN 49 from Scripps Networks Interactive Inc. SNI. Viacom will use this channel to facilitate the launching of its Italian version of Spike TV network in October 2017.

Viacom already has a footprint in Italy. It operates Paramount Channel and VH1 FTA DTT channels in the country. Moreover, on Aug 25, Viacom entered into a 50-50 joint venture with media group De Agostini Editore for Super! which is FTA channel for children.

The company looks to become the fifth-largest TV broadcaster in Italy within a year. Last month, The Hollywood Reporter stated that VIMN plans to offer a new subscription video-on-demand (SVOD) -- Paramount+ -- in Denmark, Sweden and Norway from October 2017.

Facing stiff competition and dwindling advertisement revenues, the media sector is witnessing large scale concentration. Discovery Communications Inc. DISCA has decided to acquire lifestyle media giant Scripps Networks in a $14.6 billion ($11.9 billion excluding debt) deal, which is expected to be closed in early 2018.

Meanwhile, the $85.4 billion mega merger deal of AT&T Inc. T and Time Warner Inc. TWX is currently under review by the U.S. Department of Justice (DOJ) and competition authorities in other foreign countries. The deal is likely to be closed by the end of 2017.

Viacom is leaving no stone unturned to turn around its fortunes. In order to combat the challenges, Viacom unveiled a new strategic plan in February 2017. As part of the five-point plan, it is focusing on six of its core brands -- BET, Comedy Central, MTV, Nickelodeon, Nick Jr. and Paramount. At this stage, we believe expansion of operations in Europe will bode well for the company in the future.

Price Performance of Viacom

Viacom’s shares have declined 22.83% compared with the industry’s loss of 2.53% in the last three months. The company currently holds a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Time Warner Inc. (TWX): Free Stock Analysis Report
 
Viacom Inc. (VIAB): Free Stock Analysis Report
 
AT&T Inc. (T): Free Stock Analysis Report
 
Scripps Networks Interactive, Inc (SNI): Free Stock Analysis Report
 
Discovery Communications, Inc. (DISCA): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://so-l.ru/news/y/2017_09_19_viacom_acquires_italian_free_to_air_chan Tue, 19 Sep 2017 16:42:00 +0300
<![CDATA[John Malone, the ‘swamp alligator’ chewing up the UK’s media market]]> When the American billionaire John Malone failed in his first attempt to become a major player in the British pay-TV market a decade ago he questioned Rupert Murdoch’s power by dubbing Sky the Death Star. It was a rich comment coming from a man whose fearsome reputation for deal-making in the wild west days of the cable TV market in the 1970s and 80s led Al Gore, the former US vice president, to nickname him Darth Vader.

Last week’s move by Malone’s Discovery – he holds the most voting shares at almost 30% – to buy Scripps Networks in a deal worth $14.6bn (£10.9bn) marks the latest move among the titans of media vying to dominate the global pay-TV market.

Continue reading...]]>
http://so-l.ru/news/y/2017_08_05_john_malone_the_swamp_alligator_chewi Sat, 05 Aug 2017 18:00:15 +0300