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Entertainment Companies Announce Earnings Results, Financing Plans, and New Leadership Appointments - Research Report on Disney,

 Entertainment Companies Announce Earnings Results, Financing Plans, and New
 Leadership Appointments - Research Report on Disney, Time Warner, Cinemark,
                  DreamWorks, and Regal Entertainment Group

PR Newswire

NEW YORK, August 9, 2013

NEW YORK, August 9, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Walt
Disney Co. (NYSE: DIS), Time Warner Inc. (NYSE: TWX), Cinemark Holdings Inc.
(NYSE: CNK), DreamWorks Animation SKG Inc. (NASDAQ: DWA), and Regal
Entertainment Group (NYSE: RGC). Today's readers may access these reports free
of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

Walt Disney Co. Research Report

On August 6, 2013, Walt Disney Co. (Disney) reported its Q3 FY 2013 (period
ended June 29, 2013) financial results. Revenue increased 4.4% YoY to $11.6
billion. Net income was up 0.9% YoY to $1.8 billion. Diluted EPS was stable at
$1.01 compared to Q3 FY 2012. Robert A. Iger, Chairman and CEO of The Walt
Disney Company, said, "We are pleased with the results we delivered in the
third quarter. We are confident that our strategy of creating high-quality
branded content positions us well for the future." The Full Research Report on
Walt Disney Co. - including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/fa77_DIS]

Time Warner Inc. Research Report

On August 5, 2013, Time Warner Inc. (Time Warner) announced the promotion of
David Levy to the position of President of Turner Broadcasting System, Inc.
(Turner) - a Time Warner company. According to the Company, in his new role,
which is effective immediately, Levy will also supervise Turner's domestic
entertainment and animation & young adults networks and business portfolios in
addition to his current role in leading the Company's advertising sales,
affiliate sales and sports units. Time Warner also informed that Levy will
also oversee all the creative and business activity of the Turner signature
networks - TBS, TNT, Turner Classic Movies, truTV, Cartoon Network, Boomerang
and Adult Swim, as well as their digital brand extensions, in addition to all
of the Company's domestic revenue. Time Warner stated that prior to this new
role Levy had worked as president of sales, distribution and sports for Turner
Broadcasting System, Inc. and have been associated with Turner for more than
25 years. The Full Research Report on Time Warner Inc. - including full
detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
[http://www.analystscorner.com/r/full_research_report/085d_TWX]

Cinemark Holdings Inc. Research Report

On August 6, 2013, Cinemark Holdings Inc. (Cinemark Holdings) reported its Q2
2013 financial results. Revenue increased 11.7% YoY to $725.6 million. Net
income was $20.3 million or $0.18 per diluted share, down compared to net
income of $51.6 million or $0.45 per diluted share in Q2 2012. According to
the Company, net income for Q2 2013 includes a loss on early retirement of
debt of approximately $72.3 million, before income taxes. Cinemark's CEO, Tim
Warner, said, "The diversity and breadth of the second quarter's film product
resulted in an all-time North American industry box office record of over $3
billion dollars, an increase of nearly 8% from the year ago period. With more
than 500 theatres and nearly 5,800 screens, we achieved record worldwide
admissions revenues of $464.5 million, an increase of 11.1%, and over-indexed
the North American industry by approximately 320 basis points." The Full
Research Report on Cinemark Holdings Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.analystscorner.com/r/full_research_report/b2c2_CNK]

DreamWorks Animation SKG Inc. Research Report

On August 5, 2013, DreamWorks Animation SKG Inc. (DreamWorks) announced that
it plans to offer $300 million aggregate principal amount of a new series of
senior notes due 2020 (the Notes). According to the Company, the Notes will be
unsecured, unsubordinated obligations of DreamWorks Animation and will be
guaranteed by the Company's existing and future domestic subsidiaries that
guarantee the Company's credit facility. DreamWorks informed that the net
proceeds from the offering will be used to prepay the outstanding loans under
its revolving credit facility, including accrued and unpaid interest thereon
and intends to use any additional net proceeds, if any, for general corporate
purposes. The Company further stated that the Notes and the related subsidiary
guarantees, as reported, have not been registered under the Securities Act and
may not be offered or sold in the US without registration or an applicable
exemption from the registration requirements. The Full Research Report on
DreamWorks Animation SKG Inc. - including full detailed breakdown, analyst
ratings and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/b69d_DWA]

Regal Entertainment Group Research Report

On July 25, 2013, Regal Entertainment Group (Regal Entertainment Group)
reported its Q2 2013 financial results. Total revenue increased 16.5% YoY to
$842.3 million. Net income was $36.1 million or $0.23 per diluted share,
compared to net income of $37.2 million or $0.24 per diluted share in Q2 2012.
CEO of Regal Entertainment Group, Amy Miles, stated, "We are pleased to report
that a healthy second quarter box office environment combined with the
successful integration of our recent acquisitions enabled us to achieve
all-time quarterly records in admissions revenue, total revenues and Adjusted
EBITDA. We are also encouraged by the early third quarter box office results
and remain optimistic about the prospects for the remainder of the year." The
Company also stated that its Board of Directors has approved a cash dividend
of $0.21 per Class A and Class B common share, payable on September 17, 2013,
to stockholders of record as on September 9, 2013. The Full Research Report on
Regal Entertainment Group - including full detailed breakdown, analyst ratings
and price targets - is available to download free of charge at:
[http://www.analystscorner.com/r/full_research_report/bb0f_RGC]

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SOURCE Analysts' Corner

Contact: CONTACT DETAILS = Joe Thomas, +1-310-496-8071 (North America)
 
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