April 14, 2015 9:32 AM | 2 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
In a report published Tuesday, Wedbush analyst Michael Pachter offered his outlook in the Film and Video On Demand space.
The Big ScreenAccording to Pachter, second quarter and full year 2015 industry box office revenue will be higher by roughly seven percent. The second quarter will compare favorably against the same quarter a year ago led by the new
Avengers title that is expected to generate over $550 million at the domestic box office. The third quarter is setting up favorably with a "very easy" year-over-year comparison. The fourth quarter will also compare favorably, led by the new
Star Wars film and the conclusion of the
Hunger Games franchise.
IMAX/Disney DealPachter stated that
IMAX Corporation's (NYSE: IMAX) new release slate deal with
Walt Disney Co (NYSE: DIS) is "not surprising" and the deal is "reassuring" given a "robust" lineup of films. The deal includes two
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films and five Marvel titles and two more Pixar titles in addition to four of Disney's own titles. The analyst noted that the deal solidifies IMAX as the theatre destination of choice for Disney's "blockbuster" titles.
HBO Now DebutHBO Now strategically debuted on April 12 for $14.99 a month, coinciding with the season five debut of
Game of Thrones. HBO Now represents an opportunity for some viewers to "cut the cord" and could threaten Streaming Video on Demand competitors given its appeal to millennials with quality content and an expanded partnership with
Vice.Amazon Versus Netflix Battle Heating UpNetflix, Inc. (NASDAQ: NFLX) was the first mover in subscription-based online streaming and has thus far delivered "compelling" original content but is seeing increased competition from
Amazon.com, Inc. (NASDAQ: AMZN). The analyst noted that Amazon has "clearly gained ground" and has seen its original
Transparent win a Golden Globe for Best TV Series.Moreover, Pachter suggested that Amazon will outbid its competitors to win the library of
Seinfeld episodes that could result in taking market share, especially from Netflix.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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