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Will they stay or go?
CableFAX Daily
Adelphians were nail-biting Friday as word spread that the MSO tentatively accepted a $17.6 billion bid from Time Warner and Comcast. Thursday night Adelphia sent an email to workers, warning them that media speculation will intensify as management "advances the process of resolving the company's future."
Games top music
The Hollywood Reporter
While still spending slightly more on movies, American men dedicate more of their cash to video games than they do to music, according to a study released Thursday.
Game sales up
The Hollywood Reporter
While most industry observers expect video game sales for full-year 2005 to rise only slightly, the sector brought in a strong February, according to analyst reports Friday that cited latest sales statistics. And big-sector stocks continue to fly high, trading near the highs they have established during the past 12 months.
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In Focus
Business solutions for industry professionals
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Entertainment and Media: Financial due diligence
PricewaterhouseCoopers is the world's leading professional services organization for the Entertainment and Media (E&M) industry. We have the most experienced and diverse industry-dedicated team of professionals providing solutions for critical issues facing E&M companies and their stakeholders. Our experience in due diligence and securitization transactions gives us particular insight into rating agency processes, investor valuation methodologies, and transaction structures.
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Tuning in
At a time when major entertainment conglomerates have focused on optimizing their Internet businesses, major radio station groups also have been unleashing initiatives to push into the Web space with a newfound urgency. Industry observers say Viacom Inc.'s Infinity Broadcasting unit, Clear Channel Communications and others are trying to take advantage of new advertising opportunities as well as a way to reach their audiences outside traditional listening windows to better compete with the threat from satellite radio, iPods and the like. (Chart source: Accustream iMedia Research)
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