Company
Coinstar, Inc. (CSTR) is a provider of automated retail solutions. Coinstar’s core offerings in automated retail include its digital video disk (DVD) business, where consumers can rent or purchase movies from self-service kiosks (DVD Services segment), and its Coin business, where consumers can convert their coin to cash or stored value products at coin-counting self-service kiosks (Coin Services segment). This company currently has a market cap of $1.47B
Coinstar, Inc. to Report 2011 Fourth Quarter and Full Year Financial Results on February 6, 2012.
Company related News:
Thursday, January 19, 12:23 PM Contributing to Coinstar (CSTR) rally may be an NPD report claiming the share of the disc rental market rose 1200 bps in 2011, to 37%. “We believe the DVD kiosk rental opportunity will be saturated by late 2012... 68% of households are already within five-minute drive-time of a Redbox(CSTR) kiosk."
Friday, January 6, 9:48 AM Coinstar (CSTR) slides after Morgan Keegan cuts its rating to Market Perform and its price target to $42 from $60, noting uncertainty in the DVD industry after Time Warner has strong-armed doubling their wait time period for offering new DVD releases via their rental services to 56 days, in exchange for maintaining the right to purchase DVDs from Time Warner at wholesale prices, in which it will bar Redbox (CSTR), Netflix (NFLX), and Blockbuster (DISH) from renting new releases. Shares will "remain pressured until the company provides further evidence of a life beyond DVD."
Outside related News:
IMAX (IMAX) The growth potential of the 3D films business remains considerable: IHS estimates global 3D box-office revenue grew 144% Y/Y in 2010 to $6.1B, but still only accounted for for 19.3% of ticket receipts.
Hoping to keep the cost of date night in check - or maybe to get more control over an entertainment industry starting to resemble the West too much - China is considering capping the prices of movie tickets. The move could threaten the booming industry, where box office revenue rose 18% in 2011.
The company blames the shortfalls on weak film performance and a high investment level. IMAX expects adjusted earnings to decline in 2011, and revenues to be "consistent with last year." Due to The beat goes on for the seemingly unstoppable shift of TV programming from traditional media firms to online upstarts and large tech concerns (I, II). The latest: Tom Hanks in a cartoon series for Yahoo (YHOO), Kevin Spacey on Netflix (NFLX), and $100M of original programming set to be launched from YouTube (GOOG). Will the household satellite dishes of DirecTV (DTV) and Dish Network (DISH) become a relic of the past?
Related Companies
Netflix, Inc. (Netflix) is an Internet subscription service streaming television shows and movies. The Company’s subscribers can watch unlimited television shows and movies streamed over the Internet to their televisions, computers and mobile devices and in the United States, subscribers can also receive digital versatile discs (DVDs) delivered to their homes. This company currently has a market cap of $5.26B.
Reports 4th Quarter Ending December 2011 on 1/25/2012 at 4:05PM ET, followed by a Conference Call 6:00PM ET' After The Close. Consensus Estimate” $0.55; Earnings Whisper $0.59.
Friday, January 20, 1:38 PM Netflix's (NFLX) streaming service offers just 5 of the top 100 2011 movies compared to 10 one year ago and in the 40s for Amazon (AMZN), iTunes (AAPL), and Vudu (WMT). The data make even clearer Netflix's move away from offering popular movies on a subscription basis and towards more of a TV-network type model, writes Tristan Louis. and remains concerned about the potential for higher licensing payments to EPIX.
Thursday, January 19, 12:35 PM Why does Big Media favor SOPA legislation that's so punitive toward web companies like Google? Edward Jay Epstein surmises it has as much to do with protecting the pipe as it does protecting the content itself. "These golden geese are in danger of being strangled to death by video streaming," so anti-piracy talk really comes in second to stunting the growth of even legitimate online distribution.
Monday, January 16, 4:27 AM Hulu (co-owned by DIS, CMCSA, NWS) is pushing into original programming, hoping to steal more customers from Netflix (NFLX) with the debut of its first scripted show on Feb. 14.
Friday, January 13, 3:58 PM Netflix (NFLX) enjoys a boost after B. Riley reiterates its Buy rating, saying investors should hold on to their shares until after the company's Q4 conference call on Jan. 25.
