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Is There No End To Hollywood's Obsession With Sequels?
Friday, June 24, 2016 - 1:35pm | 318Hollywood’s obsession with sequels seems to be getting worse and worse. According to CNN Money’s Frank Pallotta, there have already been 16 movie sequels released in theaters in 2016. This weekend’s big opening, “Independence Day: Resurgence” is yet another sequel and...
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'Conjuring 2' Gives Warner Bros. A Big Win While Universal's 'Warcraft' Falls Hard Domestically
Tuesday, June 14, 2016 - 12:53pm | 352The box office was crowded last weekend as Warner Bros. (Time Warner Inc (NYSE: TWX)), Universal (Comcast Corporation (NASDAQ: CMCSA)) and Lions Gate Entertainment Corp. (USA) (NYSE: LGF) all released a new entry into the summer box office battles. The results, while mixed, were surprisingly not...
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CinemaCon 2016: Lions Gate Looks For New Cash Cows Following 'Hunger Games' Conclusion
Sunday, April 17, 2016 - 5:23pm | 569Over the last few days, Hollywood took a trip to Las Vegas for the annual CinemaCon event. It was there that exhibitors from all around the country came to see what movies are going to be burning up their screens through the rest of the year and beyond. This is a studio-by-studio recap of the...
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Lions Gate In Box Office Battle as 'Allegiant' Sees Challenge From Disney's 'Zootopia'
Friday, March 18, 2016 - 11:44am | 342The end is near for Lions Gate Entertainment Corp. (USA) (NYSE: LGF)'s "Divergent" franchise which will wrap in 2017, but the first part of its finale will hit theaters this weekend and face an unexpected challenge. The opening weekend for the previous films in the "Divergent...
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Lions Gate's Stock Takes Tumble As Studio Begins Life After 'Hunger Games'
Friday, February 5, 2016 - 1:41pm | 487Investors in Lions Gate Entertainment Corp. (USA) (NYSE: LGF) have always been cognizant of the fact the studio's bottom line has heavily relied on the success of "The Hunger Games" trilogy. That was made all the more clear on Thursday when, following an earnings report that missed expectations,...
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Here's Why Lions Gate Is A 'Mini Disney'
Friday, August 7, 2015 - 7:40am | 501Lions Gate Entertainment Corp. (USA) (NYSE: LGF) reported a fiscal first quarter 2016 adjusted EPS of $0.26, higher than the Street estimates. Sales arrived at $408.9 million. Some investors might have expected this report to attract new buyers, but Wall Street wasn't overly impressed. The...
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3 Companies That Should Grab Xbox Entertainment Studios
Wednesday, August 20, 2014 - 10:02am | 737Time Warner (NYSE: TWX) is rumored to be interested in acquiring Xbox Entertainment Studios from Microsoft (NASDAQ: MSFT). Few analysts were interested in talking to Benzinga about the rumor, which may turn out to be completely false given Microsoft's official statement on the matter....
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Market Wrap For March 24: Markets On Two-Day Losing Streak?
Monday, March 24, 2014 - 3:48pm | 1804U.S. stocks declined for the second straight session on little market-moving news. The Nasdaq index was hit harder than other major indices with investors and traders selling off otherwise solid performers like Facebook, Google, Tesla, Keurig Green Mountain and others. "These are all stocks...
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Weekly Highlights: iPhone 6 Factory, Sony's Project Morpheus And More
Saturday, March 22, 2014 - 10:41am | 231Sony (NYSE: SNE) made waves after it confirmed reports that it is developing a virtual reality headset for PlayStation 4. Apple (NASDAQ: AAPL) and Samsung (OTC: SSNLF) are benefiting from better-than-expected smartphone demand, but that didn't stop Apple from releasing a cheaper iPhone 5C. Better...
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Can 'Divergent' Overcome Its Significant Lack Of Twitter Chatter?
Thursday, March 20, 2014 - 11:05am | 1026Lionsgate's (NYSE: LGF) next big franchise might not be as big as some investors expect. Set for release Friday, March 21, Divergent looks like the kind of film that viewers might expect from the studio that produced The Hunger Games. But while the film itself may be entirely different, the...
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Market Wrap For March 19: Yellen Hints of Higher Rates & Sooner Than Expected End To Taper
Wednesday, March 19, 2014 - 5:03pm | 2470The Fed announced that it will increase its tapering by a further $10 billion in addition to dropping the 6.5 percent unemployment rate threshold which has been the target rate to hike the Fund Funds rate. Thirteen of 16 Fed officials expect the Fed Funds rate to rise by the end of 2015. The...
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Will Lionsgate's 'Divergent' Become The Next 'Twilight' Or 'Hunger Games'?
Tuesday, March 18, 2014 - 10:22am | 780Lionsgate's (NYSE: LGF) The Hunger Games proved to be a big hit with moviegoers and investors alike. But can the studio's next book-to-film franchise, Divergent, provide a similar degree of success? Early media hype indicates the answer is, yes. According to The Hollywood Reporter,...
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Market Wrap For January 22: Earnings Season Continues To Come In Mixed
Wednesday, January 22, 2014 - 4:58pm | 2705Wednesday marked another day of mixed trading as investors and traders continue to find little clarity from the quarterly results released so far. With the markets being a "mixed bag" major indices ended the day little changed with the Dow ending slightly in the red and both S&P 500 and...