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tz to sz? I hope i'm not the only one who doesn't know what that means lol
We got news about the dividends on August 5th, it said the process will last OVER THE NEXT TWO WEEKS. So give it time...We still have 6 days.
For the financials, there have been many on here that believe it is better to wait for the fin's until the buy back is completed. Without even seeing financials, this LOI should tell you that eMax has pleeeenttyyy of cash coming in. Be patient. :)
I believe Kop was figuring out the maximum possible amount of shares the company may have bought back....right?
Kop...Genius...Excellent work...
NBCUniversal Revenue
I realize EMXC is funding the Housewives of India series, but I thought this may be tangible now that they may be partnering up. I may be way off...but I'm trying LOL
Source: http://www.cmcsk.com/releasedetail.cfm?ReleaseID=596297
Pro forma NBCUniversal results include national cable programming networks, the NBC network and owned NBC affiliated local television stations, the Telemundo network and owned Telemundo affiliated local television stations, Universal Pictures filmed entertainment, the Universal Studios Hollywood theme park, and other related assets. Comcast's national cable programming networks, regional sports networks (RSNs), Daily Candy and Fandango, which were contributed to NBCUniversal, are also included in these results.
Revenue for NBCUniversal increased 17.1% to $5.2 billion in the second quarter of 2011 compared to $4.4 billion in the second quarter of 2010. Operating Cash Flow increased 5.2% to $1.0 billion compared to $952 million in last year's second quarter. Excluding acquisition-related accounting revisions and costs totaling $131 million in the second quarter of 2011, operating cash flow increased 18.9% to $1.1 billion (see Table 6).
For the six months ended June 30, 2011, NBCUniversal revenue of $9.5 billion increased 2.0% compared to $9.3 billion in 2010. Excluding the impact of the Vancouver Olympics in 2010, revenue increased 11.4%. Operating cash flow increased 5.1% to $1.5 billion compared to $1.4 billion in the first six months of 2010. Excluding the Olympics and acquisition-related accounting revisions and costs, operating cash flow increased 4.5% to $1.7 billion (see Table 6).
($ in millions) (pro forma)
2nd Quarter
Year to Date
2010
2011
Growth
2010
2011
Growth
NBCUniversal Revenue
Cable Networks $1,929 $2,173 12.6 % $3,712 $4,193 13.0 %
Broadcast Television 1,430 1,695 18.5 % 3,508 3,047 (13.1 %)
Filmed Entertainment 1,036 1,254 21.0 % 2,097 2,229 6.3 %
Theme Parks 120 147 22.5 % 202 242 19.9 %
Headquarters, Other and Eliminations (94 ) (90 ) 4.3 % (182 ) (184 ) (0.4 %)
NBCUniversal Revenue $4,421 $5,179 17.1 % $9,337 $9,527 2.0 %
NBCUniversal OCF
Cable Networks $837 $846 1.1 % $1,599 $1,663 4.0 %
Broadcast Television 175 190 8.8 % (7 ) 210 NM
Filmed Entertainment 4 27 575.0 % (8 ) (119 ) NM
Theme Parks 46 119 158.7 % 41 160 291.0 %
Headquarters, Other and Eliminations (110 ) (181 ) (64.5 %) (200 ) (417 ) (108.1 %)
NBCUniversal OCF $952 $1,001 5.2 % $1,425 $1,497 5.1 %
NBCUniversal OCF (excluding Olympics and acquisition-related accounting revisions and costs)
$952 $1,132 18.9 % $1,648 $1,722 4.5 %
NM=comparison not meaningful
Cable Networks
For the second quarter of 2011, revenue from the Cable Networks segment increased 12.6% to $2.2 billion compared to $1.9 billion in the second quarter of 2010, driven by a 10.3% increase in distribution revenue, a 10.3% increase in advertising revenue and a 44.0% increase in other revenue primarily due to increases in the licensing of owned content from the cable production studio. Operating cash flow increased 1.1% to $846 million compared to $837 million in the second quarter of 2010, reflecting higher revenue, partially offset by increased investment in original programming and higher marketing expenses to support the launch of new programming across a number of its cable networks. In addition, operating cash flow includes acquisition-related accounting revisions totaling $48 million. Excluding these accounting revisions, Cable Networks operating cash flow increased 6.8% to $894 million (see Table 6).
For the six months ended June 30, 2011, revenue from the Cable Networks segment increased 13.0% to $4.2 billion compared to $3.7 billion in 2010. Operating cash flow increased 4.0% to $1.7 billion compared to $1.6 billion in the first six months of 2010. Excluding acquisition-related accounting revisions, operating cash flow increased 7.1% to $1.7 billion (see Table 6).
Broadcast Television
For the second quarter of 2011, revenue from the Broadcast Television segment increased 18.5% to $1.7 billion compared to $1.4 billion in the second quarter of 2010, reflecting higher advertising revenue from improved pricing and ratings at the NBC broadcast network, as well as higher content licensing revenue that includes the immediate recognition of revenue related to prior season and library content under a new licensing agreement. Second quarter operating cash flow increased 8.8% to $190 million compared to $175 million in the second quarter of 2010, primarily reflecting higher revenue, partially offset by continuing investment in network programming and higher news coverage costs. In addition, operating cash flow includes acquisition-related accounting revisions totaling $56 million. Excluding these accounting revisions, Broadcast Television operating cash flow increased 40.8% to $246 million (see Table 6).
For the six months ended June 30, 2011, revenue from the Broadcast Television segment decreased 13.1% to $3.0 billion compared to $3.5 billion in 2010 due to $782 million of revenue generated by the 2010 Vancouver Olympics. Excluding the impact of the Olympics, revenue increased 11.8%. Operating cash flow was $210 million compared to a loss of $7 million in the first six months of 2010. Excluding the $223 million loss from the Olympics and acquisition-related accounting revisions, operating cash flow increased 23.2% to $266 million (see Table 6).
Filmed Entertainment
For the second quarter of 2011, revenue from the Filmed Entertainment segment increased 21.0% to $1.3 billion compared to $1.0 billion in the second quarter of 2010, driven by higher theatrical revenue from the strong box office performance of Fast Five and Bridesmaids, partially offset by lower content licensing and home entertainment revenue. Second quarter operating cash flow was $27 million compared to $4 million in the second quarter of 2010, reflecting strong revenue growth, partially offset by higher marketing for current quarter and upcoming theatrical releases. In addition, second quarter 2011 operating cash flow includes acquisition-related accounting revisions totaling $20 million (see Table 6).
For the six months ended June 30, 2011, revenue from the Filmed Entertainment segment increased 6.3% to $2.2 billion compared to $2.1 billion in 2010. Operating cash flow was a loss of $119 million compared to a loss of $8 million in the first six months of 2010.
Theme Parks
Theme Parks segment revenue includes the results of Universal Hollywood, management fees from Universal Orlando and international licensing fees. Operating cash flow includes the results of Universal Hollywood and the equity income (loss) from Universal Orlando, which is eliminated from total NBCUniversal operating cash flow through NBCUniversal Headquarters, Other and Eliminations.
For the second quarter of 2011, revenue from the Theme Parks segment increased 22.5% to $147 million compared to $120 million in the second quarter of 2010, reflecting the strong performance at the Hollywood park and higher fees from the Orlando parks. Second quarter operating cash flow was $119 million compared to $46 million in the same period last year. Second quarter 2011 operating cash flow includes $53 million of equity income from Universal Orlando compared to $2 million in last year's second quarter, driven by the strength of The Wizarding World of Harry PotterTM attraction.
For the six months ended June 30, 2011, revenue from the Theme Parks segment increased 19.9% to $242 million compared to $202 million in 2010. Operating cash flow was $160 million compared to $41 million in the first six months of 2010.
Headquarters, Other and Eliminations
NBCUniversal Headquarters, Other and Eliminations include overhead and eliminations between the NBCUniversal businesses and equity income from Universal Orlando. Also included in these expenses are non-recurring transaction-related costs during the second quarter of 2011 that totaled $6 million. For the six months ended June 30, 2011, non-recurring transaction-related costs totaled $98 million.
Corporate, Other and Eliminations
Pro forma Corporate, Other and eliminations includes corporate operations, Comcast-Spectacor and eliminations between Comcast's businesses. For the second quarter of 2011, Corporate and Other revenue and eliminations were ($187) million compared to ($163) million in 2010, reflecting a lower contribution from Comcast-Spectacor and higher intersegment eliminations. The operating cash flow loss was $86 million compared to a loss of $92 million for the same time period in 2010, reflecting lower corporate overhead.
For the six months ended June 30, 2011, Corporate and Other revenue and eliminations were ($330) million compared to ($354) million in 2010. The operating cash flow loss was $164 million compared to a loss of $181 million in the first six months of 2010.
Notes:
1 Earnings per share amounts are presented on a diluted basis.
All percentages are calculated on whole numbers. Differences may exist due to rounding.
Conference Call Information
Comcast Corporation will host a conference call with the financial community today, August 3, 2011 at 8:30 a.m. Eastern Time (ET). The conference call and related materials will be broadcast live and posted on its Investor Relations website at www.cmcsa.com or www.cmcsk.com. Those parties interested in participating via telephone should dial (800) 263-8495 with the conference ID number 77696651. A replay of the call will be available starting at 12:30 p.m. ET on August 3, 2011, on the Investor Relations website or by telephone. To access the telephone replay, which will be available until Wednesday, August 10, 2011 at midnight ET, please dial (800) 642-1687 and enter the conference ID number 77696651. To automatically receive Comcast financial news by email, please visit www.cmcsa.com or www.cmcsk.com and subscribe to email alerts.
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements. Readers are cautioned that such forward-looking statements involve risks and uncertainties that could cause actual events or our actual results to differ materially from those expressed in any such forward-looking statements. Readers are directed to Comcast's periodic and other reports filed with the Securities and Exchange Commission (SEC) for a description of such risks and uncertainties. We undertake no obligation to update any forward-looking statements.
Non-GAAP Financial Measures
In this discussion, we sometimes refer to financial measures that are not presented according to generally accepted accounting principles in the U.S. (GAAP). Certain of these measures are considered "non-GAAP financial measures" under the SEC regulations; those rules require the supplemental explanations and reconciliations that are in Comcast's Form 8-K (Quarterly Earnings Release) furnished to the SEC.
About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (www.comcast.com) is one of the nation's leading providers of entertainment, information and communications products and services. Comcast is principally involved in the operation of cable systems through Comcast Cable Communications and in the development, production and distribution of entertainment, news, sports and other content for global audiences through NBCUniversal. Comcast Cable Communications is one of the nation's largest video, high-speed Internet and phone providers to residential and business customers. Comcast is the majority owner and manager of NBCUniversal, which owns and operates entertainment and news cable networks, the NBC and Telemundo broadcast networks, local television station groups, television production operations, a major motion picture company and theme parks.
This is exactly what I Was thinking. More so than the future revenue, but this shows that eMax MUST have a substantial amount of funds readily available to be buying shares back AND at the same time funding a new TV series. This is excited me very much. Maybe more than it should have haha...why do you guys not like LOI news? No follow through in a typical pinky?
NEWS IS OUT!!!
eMax Media Inc. Has Signed a Letter of Intent for the Funding of the Production "The Real Housewives of India" Television Series PR Newswire "Press Releases US - English"
SALT LAKE CITY , Aug. 12, 2011 /PRNewswire/ -- eMax Worldwide Inc. (Pinksheets: EMXC), www.emaxworldwide.com, announces their partly held company, eMax Media Inc. has signed a letter of intent to fund a production deal with Atlantic Crossings LLC , www.atlanticcrossingproductions.com for the production of the television series titled, "The Real Housewives of India ". Recently eMax Media Inc. has merged with MindPix Corp , (Pinksheets: MPIX).
Roxanna Weber , Chairman of eMax Worldwide, Inc. , stated, "Everyone at eMax Media is very excited to work beside the incredible production team at Atlantic Crossing Productions . We feel very privileged to be granted this opportunity to help the production success of the television series, 'The Real Housewives of India ' and play a part in the expansion of this great television brand into the Worldwide television marketplace. In addition, eMax Media has agreed to offer to license songs from their extensive music catalog for any soundtracks that might be required in the television series productions".
Atlantic Crossing Productions LLC ., (ACP) has partnered with NBC Universal to produce Indian versions of their reality shows formats. These shows have had excellent performance in the United States with very high ratings. The Real Housewives is one of the shows which will be produced by Atlantic Crossing along with its production partners in India .
Atlantic Crossing along with its partners is involved in producing and distributing soaps, reality & game shows, tele-films, title animations and related software. Television is a leading entertainment medium accounting for the largest slice of the urban India 's media consumption pie (72% of total media consumption). TV software industry is growing at 18% CAGR. Atlantic Crossing Productions (ACP) with its partners is focused on making Television software making as one of its core business. ACP is in the production, marketing & distribution of TV related programs (software) with national and international clients. ACP has the best of the creative talent in India .
It can be expected that a show like The Real Housewives of India can reach an audience of over 200 million in India and another 100 million outside the country. There are large audiences of Indians in Sri Lanka , Singapore , Australia and other Asian countries. The advertising potential is massive. ACP has received an interest from Turner to broadcast the Real Housewives of India on Turner India's channel. The key assumptions made here are that the series will consist of weekly one-hour episodes on Turner India's Imagine TV channel (www.imagine.tv). Turner recommends doing season 1 with 13 episodes over 13 weeks. The telecast slot they have tentatively worked out is a Saturday 10pm to 11pm slot. This is a prime slot and attracts a lot of viewership for reality and non-fiction content. A repeat telecast slot will also be given, the exact time and day for which will only get confirmed closer to telecast.
In India , television has dominated the entertainment and media industry and continues to have the potential to do so even in the future. With over 200 million homes, television today reaches to over 100 million homes. With an average household-size of 4-5, advertisers simply cannot get over the potential to reach over 500 million eyeballs. The potential of the industry just seems to get better even with the current statistics. Television homes are growing at a staggering rate of 4 per cent per annum - it is no wonder that today in India , the number of television homes far exceed the number of telephone connected homes.
India 's Demand for content
Today, there are over 300 channels, which are beamed into the Indian skies and most of such channels are available to all C&S connected homes. However, this has not discouraged the investor who still believes that there is room for more, keeping in consideration the potential to reach the large number of eyeballs, which no other medium can capture. As a result, around 50 new channels are being added each year. This has given rise to the serious demand for content for these 24-hour channels. Television broadcasting companies are continually scouting for content software companies and due to this imbalance, the programming costs are rising in an UN-proportionate manner. This is a potential opportunity which still needs to be tapped to its fullest.
About eMax Media
eMax Media Inc. , www.emaxmediagroup.com, is a diversified multi-media technology/internet entertainment content company which owns, develops, produces and sells music, home videos and television broadcasting, gifts, events, clothes, and collectibles for distribution to wholesale and retail markets. The company operates a collection of multimedia and family entertainment content through four main divisions: eMax Music, eMax Studios, eMax Networks, and eMax Productions. The four operating areas offer technology-driven, high-quality products and services focusing in pre-recorded music, movies, digital media, games, outdoor sports and concert events, internet e-commerce, feature film production, television programs , broadcasting and internet networks. eMax Media Inc. owns the licensing rights to manufacture and market a music library catalog of worldwide known songs from a list consisting of over 17,500 music master recordings.
About eMax Worldwide, Inc.
eMax Worldwide, Inc. , (www.eMaxworldwide.com) is a diversified holding company acquiring and growing family and morally valued multimedia, entertainment, communication, broadcasting, high-end technologies, real estate , energy and finance industries through two corporations, eMax Media Inc , www.emaxmediagroup.com and New Unified Corp. , www.newunified.com.
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward looking statements involve risks and uncertainties, including, without limitation, the future press releases of eMax.
Contact Rockport Equity, LLC David Helmcamp Dan Capozzi 443-567-6983 info@rockportequityllc.com
SOURCE eMax Worldwide Inc.
I didn't think so...
now it disappeared! did it fill?
I see it.
You mean a couple...million ;)
Great post. I agree 100%! Look for news tomorrow :)
once this news drops...its go time
With the way my summer has gone my gut is telling me to get out before it goes down at all...but my common sense and ability to read is keeping me in! EMXC.
2.8 million buys vs 6.8 million sells and yet we are still even with yesterdays price? Impressive at how strong this holds? I think so...
Let me guess....youre a person who shorted this and are trying to bring it down? I'm seeing the same thing on EMXC board...wont work.
What is the "?" column in the trades?
I really want to see this float...It HAS to be getting low with this spread
The dividends, I believe, are 1 share of MPIX for every 32 (?) shares of EMXC that were owned prior to June 15. Correct me if I am wrong....or just delete this post, that may be best :)
A 911 call and a 100 signal in the same day...
hmm...seems like we could be prepared to lift off? IMO
That would be over 10 billion shares...I highly doubt Roxy would do that...
22's are gettin wiped out!
6 eMax Holdings, Inc (EMXC) 51,500
This is great!! Did they mention the kind of news it would be?
I won't lie...if my money wasn't tied up I would be slapping that ask.
CHADQ SOO THIN! 100 SIGNAL...THEY NEED SHARES!!
t.co/ENBNqdI
What is the importance of a 911 call? I know it was a 911 buy, but I wasn't sure if there was more importance
ahh...thanks for saving me that time.
Thank you! I just wish I could find an official website for the Waldman Schmoll Brokerage...
I google mapped the location of the Jeunesse Global Headquarters and the Waldman Schmoll Brokerage, LLC. They are a 15 minute drive away.
MAYBE....Mary Waldman (Brokerage) had a prior relationship with Roxi. Came across this building and they joined up as she may help outreach Emax Healthy...Sounds weird..but its just an idea....
Looking up Mary Waldman I came across "Waldman Brokerage, LLC"
Looking up that I found this on the Florida License website:
https://www.myfloridalicense.com/LicenseDetail.asp?SID=&id=DE688EBF6BEA6E3C3E044DF67D8CD06A
Waldman Schmoll Brokerage, LLC
So I typed that into the search...The 5th result is for Mary Waldman and Waldman Schmoll Brokerage.
Mary Waldman
Waldman Schmoll Brokerage, LLC
8243 Lexington View Lane
Orlando, FL 32835-8056
Office: (407) 345-9091
Fax: (407) 345-7974
Send Email
Maybe I'm trying to connect too much.. This is my first real attempt at DD :) Hope it comes out to be useful
EDIT:
According to this site:
http://www.corporationwiki.com/Florida/Dunnellon/waldman-brokerage-llc-5707932.aspx
Mary is involved in Brokerage as well as "Engineering, Design, and Entitlement, Inc."
Ahh...think you're right.Phone numbers don't match up.
Wow...TBG has worked with Gordon Homes...Looks like The Ball Group may be top quality
Nice work. I keep forgetting not everyone is seeing this excellent DD...only the STRONG HANDS! :)
haha alright...as a new trader I get worked up over that lol. Not that I don't have tons of faith in EMXC though! ;)
bid whackers....
Good morning all..