The Movie Theatre Business is about to Undergo a Major Transition

HMNY and their revolutionary Movie Pass- all the movies you want per month for $9.95 (only 1 per day) is blowing up huge- just look at the 800% move in their stock price. No wonder, the co-founder of Netflix and the former CEO of Red Box is leading this new start up that promises to disrupt the way we see movies.  I think it will cause a revaluation for the entire movie theatre business as well in a positive way.  Here is some analysis and it seems RGC is the best value with the lowest Enterprise Value to EBITDA. This is … Read more

Coinstar Jumps Over 12% on Earnings

Proof that consumers still love a physical product, Coinstar (owner of Redbox) rocketed over twelve percent in after hours trading.  The jump is attributed to a strong earnings report detailing 33% growth in revenue, a dollar of EPS in the fourth quarter, and estimated 2.2 billion in 2012 revenue.  This is in conjunction with the freshly announced partnership with Verizon, marking the dvd sellers first venture into the online streaming industry.  Redbox still manages to sell more DVDs than Netflix, but Netflix has the jump on the online industry.  They already spend over 1.2 billion a year on streaming content.