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Wall Street analyst slashes Hollywood, making room for equally obnoxious new content gatekeepers [Stocks]

valleywag.com » 2008 » July » 8th » Wall Street analyst slashes Hollywood, making room for equally obnoxious new content gatekeepers [Stocks]

Tagged: feature, stocks, online video, lehman brothers, david siminoff, anthony diclemente

The six big TV-and-movie conglomerates — CBS, Viacom, Disney, NBC Universal, News Corp. and Time Warner — suffered in a handicap yesterday by Lehman Brothers analyst Anthony DiClemente, who downgraded the companies' ratings and stock-price targets. CBS fared worst, but even News Corp. didn't come out unscathed, and all six saw their respective share prices drop on the news. DiClemente's "color" … Continue Reading »

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