3 Entertainment Stocks in Focus

IMAX Corporation ( NASDAQ: IMAX ) is an entertainment company specialized in the field of motions pictures and technologies. The Company with its proprietary IMAX, IMAX® 3D, and IMAX DMR® technology is present all across the major countries of the world. The Company opened its first IMAX theatre in 1970. There are 70 IMAX theatres (348 commercial, 122 institutional) operating in 45 countries as of September 2010. Apart from theatres the Company is also engaged in the production and distribution of 2D and 3D films all around the world. Last Friday, the Daily Mail reported that Sony Corporation (ADR) (NYSE: SNE) may acquire IMAX Corporation for $40 a share. The Daily Mail also said that Walt Disney may also be interested in IMAX . The news of a possible takeover pushed IMAX shares to a 52-week high on Friday. The Walt Disney Company ( NYSE: DIS ) is an entertainment company, with presence in Media networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media. The Company was founded by Disney brothers in 1923 as the Disney Brothers Cartoon Studio, later the Company was reincorporated as Walt Disney Productions in 1929. Walt Disney shares are currently trading near their 200 day moving average. The Company had revenue of $36.1 billion in the last fiscal year, with an operating income of $5.78bn. The Company has over 0.2 million people working under its various subsidiaries and have its Headquarter in Burbank, California. Netflix Inc. ( NASDAQ: NFLX ) is the world leading internet paid service for television shows and movies. The company has a subscriber base of over 19 million members and charges $7.99 a month for unlimited movies and TV shows. The Company ships over 2 million discs daily from the various distribution centers. Netflix recently launched its services in Canada and is now looking to expand its market to rest of the world. Netflix shares are climbing in trading today after Piper Jaffray reiterated an 'overweight' rating on the stock. The brokerage firm is bullish on the company's result in the current fiscal year. This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in these stocks. We reserve the right to buy or sell IMAX, DIS and NFLX at any time after this post.
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