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Warner Bros. Discovery Reveals Post-Split Leadership, Company Names
Deadline· 2025-07-28 16:42
Group 1 - Warner Bros. Discovery is separating into two new companies: Warner Bros. and Discovery Global [1][2] - Warner Bros. will encompass Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, HBO Max, and Warner Bros. Gaming Studios, along with their film and television libraries [1] - Discovery Global will include CNN, TNT Sports, Discovery, free-to-air channels in Europe, the Discovery+ streaming service, and Bleacher Report [2] Group 2 - David Zaslav will continue as President and CEO of Warner Bros. [2] - Key leadership appointments include Pam Abdy and Mike De Luca as co-chairs and CEOs of Warner Bros. Motion Picture Group, and Casey Bloys as chairman and CEO of HBO and HBO Max [3][4] - Other notable appointments include Bruce Campbell as Chief Operating Officer and James Gunn and Peter Safran as co-chairmen and CEOs of DC Studios [3][4] Group 3 - Gunnar Wiedenfels will serve as President and CEO of the new TV group, with Luis Silberwasser as Chairman and CEO of TNT Sports and Mark Thompson as Chairman and CEO of CNN Worldwide [4] - Gerhard Zeiler will be President for the US, UK & Germany, Discovery+ and Chief Content Officer [4] - Additional appointments include Scott Miller as President of Distribution and various other leadership roles across the organization [5]
Unlocking Imax (IMAX) International Revenues: Trends, Surprises, and Prospects
ZACKS· 2025-07-28 15:50
Core Insights - IMAX's total revenue for the quarter ending June 2025 reached $91.68 million, reflecting a 3.1% increase from the previous year [4] International Revenue Breakdown - Latin America contributed $2.15 million, representing 2.35% of total revenue, which was a -10.79% surprise compared to the estimate of $2.41 million [5] - Asia excluding Greater China generated $9.31 million, accounting for 10.16% of total revenue, with a -36.31% surprise against the projected $14.62 million [6] - Western Europe accounted for $14.11 million, or 15.39% of total revenue, showing a +62.21% surprise compared to the expected $8.7 million [7] - The Rest of the World contributed $3.55 million, making up 3.87% of total revenue, with a -15.32% surprise against the estimate of $4.19 million [8] - Greater China represented $17.68 million, or 19.28% of total revenue, with a -31.03% surprise compared to the expected $25.63 million [9] - Canada generated $2.49 million, constituting 2.72% of total revenue, showing a +17.64% surprise against the projected $2.12 million [10] Future Revenue Forecasts - Analysts expect IMAX to report total revenue of $98.67 million in the current fiscal quarter, indicating a 7.9% increase from the prior year [12] - For the full year, total revenue is projected at $400.95 million, marking a 13.8% increase compared to last year [13]
SEGG Media Highlights Lando Norris’ Belgian GP Appearance and Upcoming Quadrant Apparel Drop
Globenewswire· 2025-07-28 14:30
Core Insights - SEGG Media Corporation is highlighting Lando Norris' participation at the Belgian Grand Prix, emphasizing his dual role as a McLaren driver and co-founder of Quadrant, which is gaining attention in both motorsport and lifestyle sectors [3][4][5] - The upcoming release of the Quadrant Speedway collection on July 31 is positioned as a significant event, marking the first major apparel launch since Veloce's acquisition of Quadrant [6][8] - SEGG Media's strategic investment in Veloce is expected to enhance its cultural influence in motorsport and gaming, with a potential audience migration opportunity through its division Sports.com, which reaches 750 million views monthly [7][8] Company Overview - SEGG Media Corporation operates a portfolio of digital assets, including Sports.com, Concerts.com, and Lottery.com, focusing on immersive fan engagement and ethical gaming [13] - Veloce Media Group, founded in 2018, operates at the intersection of gaming, motorsport, and lifestyle, boasting over 55 million subscribers and 750 million monthly views across its digital media channels [9][10] - The acquisition of Quadrant by Veloce strengthens its cultural impact through storytelling, premium apparel, and athlete-driven content, appealing to Gen Z and millennial audiences [11][12]
Accel Entertainment (ACEL) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2025-07-28 13:50
Core Viewpoint - The article emphasizes the importance of timing and sustainability in short-term investing, highlighting that a solid trend can lead to profitable opportunities if supported by strong fundamentals and positive earnings revisions [1][2]. Group 1: Stock Performance - Accel Entertainment (ACEL) has shown a significant price increase of 19.6% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also maintained a price increase of 7.1% over the last four weeks, suggesting that the upward trend is still intact [5]. - ACEL is currently trading at 94.4% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - ACEL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like ACEL that have the fundamental strength to maintain their upward momentum [3]. - The article suggests that there are multiple stocks passing through this screen, providing additional investment opportunities for trend-focused investors [8].
Best Income Stocks to Buy for July 28th
ZACKS· 2025-07-28 09:01
Group 1: Stock Recommendations - Hasbro, Inc. (HAS) has seen a 3.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days and offers a dividend yield of 3.7%, significantly higher than the industry average of 0.0% [1] - CB Financial Services, Inc. (CBFV) has experienced an 18.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days, with a dividend yield of 3.1%, compared to the industry average of 2.7% [2] - MAG Silver Corp. (MAG) has had a 17.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] Group 2: Additional Information - Another Zacks Rank 1 company has a dividend yield of 1.1%, which is above the industry average of 0.3% [3]
Paramount & Skydance Announce Merger Closing Date
Deadline· 2025-07-25 20:56
Group 1 - Paramount and Skydance's merger is set to close on August 7, following confirmation from both companies [1][2] - The transaction, valued at over $8 billion, received approval from the FCC, marking the end of a year-long process [2] - The new entity will trade on Nasdaq under the ticker symbol PSKY, replacing Paramount's previous ticker PARA [3] Group 2 - Deadlines for Paramount stockholders to elect their form of consideration have been established, with common shareholders having until July 31 and employees until July 28 [4] - Shareholders who do not make an election will automatically receive stock in the new company, with the value of Paramount Class B shares set at $15 [5] - Concerns remain regarding potential layoffs and the future of the company's linear cable networks, which are experiencing declining ratings and advertising revenue [6] Group 3 - Following the FCC decision, shares in Paramount Global initially rose but ended the day down 1.6% at $13.05 [7]
'E! News' canceled after more than three decades on air
NBC News· 2025-07-25 20:18
After three decades, the broadcast show ENews will end this year. Employees were notified yesterday morning that the show had been cancelled. It will continue airing new episodes until September 25th.E Entertainment Network will remain online and Access Hollywood and Access Daily will continue their broadcasts. ...
IMAX Q2 Earnings Surpass Expectations, Revenues Increase Y/Y
ZACKS· 2025-07-25 19:01
Core Insights - IMAX Corporation reported second-quarter 2025 adjusted earnings of 26 cents per share, exceeding the Zacks Consensus Estimate by 36.84% and reflecting a year-over-year increase of 44.4% [2][10] - Total revenues reached $91.7 million, surpassing the Zacks Consensus Estimate by 0.62% and showing a 3.1% year-over-year growth [2][10] Revenue Breakdown - Image Enhancement & Maintenance Services and Technology Sales saw declines of 2.6% and 7.7% year over year, totaling $50.8 million and $18.8 million, respectively [3] - Technology Rentals and Finance Income increased significantly by 36.1% and 24.4%, reaching $19.1 million and $2.8 million, respectively [3] - Content Solutions revenues decreased by 0.7% year over year to $33.9 million [3] - Technology Products and Services revenues rose by 9.3% year over year to $55.6 million [4] Box Office Performance - The second-quarter box office, including booking fees in China, totaled $281 million, marking a 40.5% year-over-year increase, driven by a record number of films released in IMAX format [6] Operating Metrics - Gross margin expanded by 910 basis points to 58.5%, with adjusted EBITDA increasing by 36.6% year over year [10][11] - Selling, general & administrative expenses decreased by 6% year over year to $35.3 million, while research & development expenses fell by 24.1% to $1.54 million [12] Network Growth - IMAX installed 36 systems in Q2 2025, compared to 24 systems in Q2 2024, bringing the total to 1,821 IMAX Systems operating in 89 countries and territories [8] - The company estimates a worldwide commercial multiplex addressable market of 3,619 locations, with a current market penetration of 48% [9] Financial Position - As of June 30, 2025, IMAX had available liquidity of $416 million, including $109 million in cash and cash equivalents [14] - Total debt, excluding deferred financing costs, was $280 million [14] Future Guidance - IMAX anticipates a record box office of over $1.2 billion in 2025, with an adjusted EBITDA margin exceeding 40% and plans to install 150 to 160 systems [17]
3 Short Squeeze Candidates With Big Catalysts on the Horizon
MarketBeat· 2025-07-25 15:03
Group 1: Market Trends and Short Squeeze Dynamics - The market is experiencing a resurgence of meme stocks and short squeezes, reminiscent of events in 2021, with a new presidential administration influencing market dynamics [1][2] - Small-cap stocks are showing parabolic gains driven by retail volume, indicating a potential for short squeeze opportunities [2] - Short squeezes are characterized by high volatility and are often associated with stocks that appear unattractive at first glance, such as struggling movie chains and unprofitable tech firms [3][4] Group 2: Key Metrics for Short Squeeze Candidates - Important factors for identifying short squeeze candidates include short interest, days to cover, volatility, and catalysts [5][4] - High short interest indicates a bearish sentiment, while a high days to cover metric suggests difficulty for short sellers to exit their positions [5] - Catalysts such as positive earnings reports or regulatory changes can trigger a feedback loop, driving demand for shares [5] Group 3: Company-Specific Insights - **Navitas Semiconductor**: Currently has 32% short interest on a 134 million share float, with shorts controlling approximately $385 million of its $1.72 billion market cap. The company reported $83 million in sales over the last 12 months and is facing negative EPS [6][7] - **Red Cat Holdings**: Short interest has increased to 20% of the float, with a significant earnings miss in Q1. However, the company anticipates profitability by year-end and is gaining interest from the U.S. government due to its drone capabilities [8][9] - **QuantumScape**: Despite only 14% short interest, the stock has seen a 123% gain recently, driven by the announcement of a new battery technology. The stock has experienced volatility but received a price target increase from $6 to $11 [11][12]