Friday, May 25, 2007

The Hollywood Reporter Reports – CBS Hits New High, The Future is Cable Baby, PE Keeps Rolling, and Stephen is Mad as Hell

The industry is just about wrapped up with this earnings season and only a few surprises. CBS is one that despite having to prove itself has shown close to 30% appreciation in a single year. Content may be king again but cable is just getting started. Citi upped the industry, did Comcast validate the compliment? Stephen is mad as hell for the XM outage but maybe it is a little overblown. Consumers have accepted cable and internet outages over the years. What did Wall Street think? (TWX) (CBS) (CMCSA) (XMSR) (SIRI)

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