Wednesday, June 3, 2015

Best Media Companies To Buy Right Now

Best Media Companies To Buy Right Now: CBS Corporation(CBS)

CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. The company?s Entertainment segment distributes a schedule of news and public affairs broadcasts, sports, and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; produces and distributes theatrical motion pictures across various genres; and operates online content networks for information and entertainment. Its Cable Networks segment owns and operates multiplexed channels that offers subscription program services, including recently released theatrical feature films, original series, documentaries, boxing, mixed martial arts and other sports-related programming, and special events; and CBS College Sports Network, a 24-hour cable program service related to college sports. This segment also owns and manages Smithsonian Networks, which operates Smithsonian Channel, a basic cab le service in the United States. The company?s Publishing segment publishes and distributes adult and children?s consumer books in printed, audio, and digital formats. Its Local Broadcasting segment owns 29 broadcast television stations; owns and operates 130 radio stations in 28 U.S. markets and related online properties; and owns local Websites that combine television and radio local media brands online to provide the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews. The company?s Outdoor segment sells advertising space on various media, including billboards, transit shelters and other street furniture, buses, rail systems, mall kiosks, stadium signage, and in retail stores. CBS Corporation was founded in 1986 and is headquartered in New York, New York.

Advisors' Opinion:
  • [By Mike Deane]

    CBS Corporation’s (CBS) outdoor advertising subsidiary, CBS Outdoor Americas! Inc., has filed a registration with the SEC for the public offering of 20 million shares.

    CBS Outdoor Americas will trade under the ticker “CBSO,” and the IPO is expected to trade between $26 and $28 per share. According to CBS’s press release: “After the IPO, CBS Corporation will own approximately 83% of CBSO (or approximately 81% of the outstanding stock of CBSO if underwriters exercise their option to purchase additional shares in full). CBSO plans to convert into a real estate investment trust (“REIT”) later this year, following CBS’s divestiture of its shares through a tax-free split-off.”

    CBS stock was inactive in pre-market trading. YTD, the company’s stock is up 3.35%.

  • source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-media-companies-to-buy-right-now.html

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