Analyze This: News last week that
Nielsen is testing the use set-top box data to enhance local TV ratings shouldn't be viewed as a negative for
Rentrak, says
Kaufman Bros. analyst
Todd Mitchell. The test is happening in just three
Charter
markets, he notes. Plus: Nielsen isn't "currently" trying to duplicate
Rentrak's service, it's way behind in implementation; and the tests are
"an inherent acknowledgment of Nielsen's shortcomings in measuring
local markets." He reiterates a "Buy" with a $37 price target for
RENT.
Battlegrounds:
Bernstein Research analyst Craig Moffett reminds us that, in addition to the
TiVo litigation,
DISH Network faces a potentially huge bill from its fight with
Cablevision's
Rainbow (soon to be
AMC Networks)
group. The problem harks back to Cablevision's VOOM HD channels and
DISH's agreement to carry them. The deal didn't work for either party
and the Dolans want $2.5B in damages. "We take no position," Moffett
says, "but we believe awareness of the case is important." --- Online
video distributor
Zediva is being sued by six major Hollywood film studios.
Advertising:
Ad Age has an interesting story on how the
Turner
networks are working to give advertisers a way to blend in with
programming so that their ads are harder to spot. You can find it
here.
Heads Up:
MediaBiz, the parent company to
The Morning BRIDGE,
has added demographic detail to its online tool set which offers
subscriber data, channel lineups, provider footprints etc. by Headend,
DMA & ZIP code. The new information includes demographic data on
ethnic populations, education level, average household income, average
age by male/female etc. The data is available for no extra charge to
MediaBiz's MediaCensus subscribers. For more information, please
contact: Robert Lehmann at
lehmannr@medibiz.com or 303-898-4791.
Folks: The highest paid CEO in America:
Viacom's
Philippe Dauman who, says the
NYT, earned $84.5M in 9 months last year. ---
David Helfgott is the new president of
Inmarsat while
Peter Hadinger joins Inmarsat Global XpressTM as president of Inmarsat Government Services. --- A court upheld the
Winklevoss twin's
FaceBook settlement ... that's all folks.
SkyREPORT:
Arianespace's
aborted launch of the Yahsat YiA and Intelsat New Dawn satellite
payloads has been rescheduled for Friday, April 22. --- The second
launch of
Globalstar's next generation satellites has been delayed for additional technical checks. --- As expected,
Satmex filed for bankruptcy in the
U.S. Bankruptcy Court of Delaware. The company hopes to raise about $325 in new financing for it Satmex 8 satellite, due for launch in 2012.
CORRECTION: Yesterday's
The Evening BRIDGE had story meant for this morning: it was 4:30 in the morning 150 years ago that some secessionists fired on Fort Sumter. (Only one catch of the wrong date so far.) Long and bloody nightmare followed whether you call it the War of Northern Aggression, the Civil War, the War Between the States ... war just ain't good ... necessary sometimes, just never good.•