AMC's "The Walking Dead" is a runaway hit,and its ratings just keep getting bigger. Clearly, America is in a post-apocalyptic mood, as hooked on zombies as we are on vampires. So if you've got the brains, you might want to invest in this undead trend. Here are four stocks to consider before the world ends.
"The Hunger Games" may have been a springtime smash at the box office, but it wasn't enough to get Lions Gate Films' profits roaring. The film distributor posted a surprising quarterly loss on Thursday night, after marketing costs ate up the period's potential profitability.
With The Hunger Games opening this weekend, investors can stack the odds in their favor by considering the companies that stand to benefit from the film's likely success.
As Netflix signs a deal to stream every episode of "Mad Men," it's shining a light on the changing face of video...and affecting share prices across the media sector.
The movie studio has sued activist investor Carl Icahn for opposing a merger with MGM. But the internal bickering doesn't look good for the company. Will the lawsuit end up sinking its bid?
Billionaire investor Carl Icahn threw his support behind Lions Gate Entertainment's proposal to acquire debt-laden Metro-Goldwyn-Mayer, according to a filing with the SEC Tuesday. Icahn is Lions Gate's largest shareholder and also holds a significant amount of MGM's debt.
Lions Gate Entertainment shares jumped some 12.5% to around $7.30 Tuesday after billionaire activist investor Carl Icahn raised his hostile bid for the studio to $7.50 per share in cash, up from the previous offer of $6.50 a share. Lions Gate's board said it will review the offer.
What's the canny corporate raider's endgame strategy in his drawn-out pursuit of Lions Gate Entertainment? His current tender offer of $7 a share ends June 30. After that, the price could fall, making it cheaper for him to raise his stake.
With animosity now in the open between the activist investor and Lions Gate CEO and Co-Chairman Jon Feltheimer, Icahn appears only more furiously determined to win. But if he raises his offer, it likely won't be by too much.