Richard Greenfield News on Daylife

Also Happening: Analyzing WMG, Trashing Live Nation, Vevo, Delivery Agent, Adva Mobile...

Tue, 08 Dec 2009 21:55:36 GMT

At least one analyst is staying loyal to Warner Music Group (WMG). On Tuesday morning, Pali Research analyst Richard Greenfield reiterated a 'buy' rating on the stock, citing an improved revenue outlook and stable cash flow.
Source: Digital Music News

Comcast Shares Tank Amid Talk of NBCU Deal

Fri, 20 Nov 2009 02:31:09 GMT

Wall Street today reacted with concern to late Wednesday news that cable giant Comcast Corp. is eyeing a potential acquisition of at least part of NBC Universal. Comcast shares tanked 7 percent in early Thursday trading.
Source: MediaWeek

Scripps Pays $1B for Travel

Sat, 07 Nov 2009 07:28:09 GMT

The deal market suddenly came alive last week when Scripps Networks Interactive agreed to pay about $1 billion for the Travel Channel, nearly twice the estimated value of the network when its auction began almost five months ago.
Source: Multichannel News

Online Price War Spreads From Books To DVDs

Fri, 06 Nov 2009 15:20:07 GMT

As Pali Research analyst Richard Greenfield notes in a blog post this morning, the cut-rate DVD pricing for hot titles comes at a time when the movie business is struggling to cope with the rising popularity of $1-a-day rentals from kiosk operator...
Source: Barron's Online

Offers for Travel Channel May Approach $1 Billion

Fri, 30 Oct 2009 08:18:25 GMT

Cox Communications is expected to command close to a billion dollars for the Travel Channel, The New York Times’s Brian Stelter reported, citing people close to the bidding war for the channel.
Source: Dealbook

Pali Analyst: TWC a Haven for Deal-Averse Investors

Sat, 24 Oct 2009 06:34:33 GMT

Pali Research media analyst Richard Greenfield raised his rating on Time Warner Cable to “neutral” from “sell” last week, observing that investors are beginning to move money from Comcast to the second-largest MSO for one simple reason: TWC isn’t...
Source: Multichannel News

Attorney Calls FINRA Execs "Liars", Says Only Interested In Appearance Of Enforcement

Tue, 20 Oct 2009 14:58:47 GMT

Attorny Richard Greenfield of the firm Greendfield and Goodlman is aiming to bgrab some attention with comments like these: FINRA’s mindset has never been on major league enforcement, but rather relatively picayune broker-dealer violations and even...
Source: Clusterstock

Redstone's $1B Sell-Off

Sat, 17 Oct 2009 06:44:23 GMT

Viacom and CBS chairman Sumner Redstone broke a year-old promise to investors last week when his National Amusements Inc. said it would sell nearly $1 billion of its Viacom and CBS shares, but at the same time removed an albatross that has been...
Source: Multichannel News

Quoted in 'Analyst to TWX: Don’t Do It'

Sat, 03 Oct 2009 06:47:45 GMT

Richard Greenfield said in Multichannel News:

We hope Jeff Bewkes and Time Warner understand the pitfalls of large-scale acquisitions and resist the temptation ... We believe he/they do.

Quoted in 'MediaDailyNews: Analysts: What A Comcast/NBC Deal Could Mean'

Fri, 02 Oct 2009 20:36:01 GMT

Richard Greenfield said in MediaPost.com:

We have a hard time believing any of the NBCU employees will be excited to be owned by a cable company ... In addition, we do not believe Comcast brings content/programming management expertise that will improve NBCU's performance.

BNP RWB 2009 Richard Greenfield's "Oh Britannia"

Sun, 16 Aug 2009 18:13:47 GMT