trys largest maker of recliner seats, VIP Cinema Holdings; and Midwest chain Goodrich Quality Theaters filed for Chapter 11 bankruptcy protection over the past 12 months. LightShed Partners analyst Richard Greenfield predicts that more bankruptcies will be inevitable for most of the industry.
Date: Mar 25, 2020
Category: Entertainment
Source: Google
'The Office': Why NBCUniversal Is Paying $500M to Pull the Hit From Netflix
"NBCU's strategy was well-telegraphed so this should come as a surprise to no one," notes BTIG media analyst Richard Greenfield, alluding to the company's upfront presentation in May when sales chief Linda Yaccarino told a packed Radio City Music Hall that iconic characters like Jim and Pam would be
Date: Jun 26, 2019
Category: Entertainment
Source: Google
Dollar General falters, GE’s forecast disappoints, Apple may expand streaming service
Snap (SNAP) is getting a big boost today. BTIG analyst, Richard Greenfield, a longtime skeptic of the tech company, is now recommending investors buy the stock and believes its shares will rise 50% over the next year. He says he's confident overseas advertisers are taking advantage of relatively low
Date: Mar 14, 2019
Category: Business
Source: Google
In Race to Beat Netflix, Studios Give Up Billions In Profits
Like WarnerMedia and NBCU, Disney hasn't unveiled pricing or a launch date for its service, though it has a name, Disney+. Richard Greenfield, an analyst at BTIG, estimates it will debut Oct. 1 at $7 monthly and will sign up 2 million subscribers by year's end. But he figures Disney needs about 7 mi
Date: Feb 19, 2019
Category: Headlines
Source: Google
Facebook Shares Surge as Sales, Profit Beat Wall Street Estimates
"Between the intellectual tech press and the Washington elite, theres a huge disconnect between the news and what the rest of the world is doing," said Richard Greenfield, an analyst at BTIG LLC in New York. "Advertisers dont listen to either of those groups -- they listen to consumers. Most of Fa
Date: Jan 31, 2019
Category: Headlines
Source: Google
Comcast demonstrates Sky-high ambition in global media shake-up
The price being paid for Sky is shocking, but it is a clear sign that legacy media companies are desperate for scale in a world dominated by tech platform giants, said Richard Greenfield, technology and media analyst at research firm BTIG.
In fact, Fox and Disney might pair too well, as far as regulatory concerns go. BTIG analyst Richard Greenfield estimates the combined studios make up 45 per cent of worldwide box office revenue. A larger studio could use its power to keep its movies in more theatres longer and squeeze out rival movi
Disney wouldn't face the same issues because it isn't a television distributor as the way Comcast and AT&T are. But if Disney gets Fox, the combined movie studios would account for 45 percent of worldwide box office revenue, according to BTIG analyst Richard Greenfield. That could raise regulato