How Safe Are AMC Entertainment and Its Dividend?

March 16, 2019

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While 2018 was a record year for the domestic box office, the movie theater industry remains risky for investors. One of the big names in the space is AMC Entertainment (NYSE:AMC), the largest movie theater operator in the world.AMC showed some better-than-expected results on its recent Q4 earnings release; however, investors remain nervous about the company's high debt levels following its acquisitions of Carmike Cinemas and Odeon in 2016 and Nordic Cinemas in 2017. AMC is also making large investments in recliner seating, which has taken up even more of its capital.

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Qmusic

Since 2005 Qmusic can be received in the Netherlands on 100.4 and 100.7 FM in the ether. Q wants to bring pleasure, energy and a good feeling into the life of the listener every day. Every day, 365 days a year, we focus on the listener. We love to surprise, entertain and let listeners enjoy. As a result, in 10 years Qmusic has become the 3rd radio station in the Netherlands in the most important target groups. Every week an average of 2.5 million different listeners tune in to Qmusic and there is a strong desire to grow even bigger.

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MEDIA AND BROADCASTING

Why video streaming needs to stop fighting the last consumer war

Article | May 28, 2021

Video streaming services have achieved mainstream engagement, with binge viewing now eclipsing linear TV viewing as the leading form of TV show consumption. While the digital disruptors may revel in their newfound status as the masters of TV consumption, and the TV and film industry are forced to adapt to this new reality, a subtler shift in mindset needs to occur. Streaming services, led by subscription video on demand (SVOD) hegemon Netflix, still operate in the mindset of having a digital native consumer base. For these streaming incumbents, the success of SVOD still rests upon their ability to appeal to younger consumer bases who have a) grown up in a digital environment, and b) are by definition young and eager for new and constantly evolving consumer experiences. Add to this the post-second world war presumption that popular entertainment should always be youth-centric focused, and streaming is still de-facto a youth-orientated proposition.

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MEDIA AND BROADCASTING

FILM PRODUCERS FLIP BARGAINING TABLE WITH UNIONIZING EFFORT

Article | May 21, 2021

Movie producers often find themselves negotiating with talent and crew members, and/or their production union representatives, over pay and benefits. But a group of 108 producers flipped the script Thursday in announcing they were looking to form a union of their own.Higher minimum pay and health benefits were cited as the two major reasons. While the group, called the Producers Union, boasts some heavy hitters such as Chris Moore (Manchester by the Sea) and Rebecca Green (It Follows), they made it clear that the traditional image of a Hollywood producer is misleading. Many are just getting by, project to project, looking for a breakout hit to up their quote. According to a survey released this year, 41% of producers made less than $25,000 in the pre-pandemic boom times of 2019. The Producers Union has developed a constitution with provisions for dues and diversity initiatives, with the aim of eventually negotiating a collective bargaining agreement with distributors and other film financiers. Previous efforts by producers to unionize have been thwarted by the courts and the National Labor Relations Board, according to Variety, as the NLRB saw them as supervisors and employers – which creates a high barrier to organizing.

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MEDIA AND BROADCASTING

The productisation of music rights

Article | June 4, 2021

News that New York-based Pershing Square Tontine Holdings is planning to acquire 10% of UMGis the latest in a wave of financial transactions in the music rights space. Alongside this, Believe’s impending IPO has the potential to be one of the biggest things to happen to the independent music sector in some time, and comes as part of a wave of IPOs (e.g.WMG,UMG), SPACs (e.g.Anghami,Reservoir) and no end of catalogue funds and acquisition vehicles. This trend, with good cause, has been referred to as the ‘financialisation of music’ but that only captures part of what is at play here. This is more than simply an influx of capital and debt; financial institutions are now becoming part of the plumbing of the music business, and in turn they are changing the definition of what constitutes success. This shift in objectives and desired outcomes has the potential to rebalance how the music industry operates.

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Stride Is Mirror’s Edge VR In Everything But Name

Article | April 27, 2020

Ever since the Oculus Rift was first introduced, people have wanted a Mirror’s Edge VR game. Years later, Stride looks to deliver where EA hasn’t. The first footage for Stride, which debuted over the weekend, promises essentially a VR doppelganger of DICE’s beloved series. Players hop between rooftops using parkour, avoiding enemy gunfire and taking opponents down as they go. But while the game sounds similar to Mirror’s Edge, it looks practically identical; bleached-white buildings are peppered with vibrantly-highlighted objects you can use for progression.

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Spotlight

Qmusic

Since 2005 Qmusic can be received in the Netherlands on 100.4 and 100.7 FM in the ether. Q wants to bring pleasure, energy and a good feeling into the life of the listener every day. Every day, 365 days a year, we focus on the listener. We love to surprise, entertain and let listeners enjoy. As a result, in 10 years Qmusic has become the 3rd radio station in the Netherlands in the most important target groups. Every week an average of 2.5 million different listeners tune in to Qmusic and there is a strong desire to grow even bigger.

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