This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

S&P Equity Research Issues Media Predictions For 2011

NEW YORK, Jan. 5, 2011 /PRNewswire/ -- Against the cross-currents from new technologies and an increasingly uncharted regulatory backdrop, change was about the only constant for the Media sector in 2010. But with an improving economic outlook providing another area of support, S&P Equity Research believes the sector seems poised to weather lingering challenges and turn in another strong year in 2011.

With this in mind Tuna Amobi, Media & Entertainment Analyst at S&P Equity Research, provides the following 2011 Media Predictions.

1. We expect News Corp. (NYSE: NWS 17 ****) (NYSE: NWSA 15 ****) to ultimately prevail in its bid for majority ownership of BSkyB (despite stiff U.K. regulatory hurdles). Separately, we expect the company to take steps to cede control of MySpace, with Rupert Murdoch and company cutting losses, as the site has never gained real traction in a re-invention as a social entertainment hub.

2. We see interactive advertising making relatively large quantum leaps in addressability and measurement, as cable operators such as Cablevision (NYSE: CVC 34 ****), Comcast (NNM: CMCSA 22 ***) (NNM: CMCSK 21 ***), and Time Warner Cable (NYSE: TWC 67 ***) finally begin to leverage underlying technology advancements that have nurtured a new revenue stream from a likely growing base of EBIF-enabled U.S. households.

3. We expect one or more film studios - likely this time from the ranks of independents - to sign relatively long-term streaming rights deal(s) with Netflix (NNM: NFLX 181 **), which should also significantly expand its TV licensing pacts with the studios (for both current and prior season episodes) under incrementally shortened windows.

4. We think some of the largest cable operators will face renewed speed bumps over wireless strategies, as the WiMAX JV led by Sprint (NYSE: S 4****) and Clearwire (NNM: CLWR 5 NR) further unravels, while the JV's cable partners hesitate to make further financial commitments and slow the pace of deployment (as LTE begins to take flight among rival 4G technologies).

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs