When the dust settled on the 83rd Academy Awards Sunday night, it became clear that once again the major prizes went to big studio productions dominated by five public companies: Disney (DIS), News Corp. (NWSA), Sony (SNE), Time Warner (TWX), and Viacom (VIA). Let’s look at how the top movies performed and how their parent companies fared in the first trading day post-Oscars.
Disney (DIS)
Movies: Toy Story 3
Budget: $200,000,000
US Gross (11/21/2010): $414,806,932
Share Performance (2/28/2011): +1.84%
Covestor models that hold DIS as of end of day 2/28 – click through for more info on the models:
- Fundamental Growth from Sparrow Capital
- Deep Fundamental Analysis from Tab Buford
- Net Payout Yields from Mark Holder
- Bottom-Up Analysis and Bottom-Up Analysis Aggressive from Epic Advisors are both SHORT DIS
News Corp (NWSA)
Movie: Black Swan
Budget: $13,000,000
US Gross (11/21/2010): $99,337,220
Share Performance (2/28/2011): +0.29%
No Covestor models hold NWSA as of end of day 2/28.
Time Warner (TWX)
Movie: Inception
Budget: $160,000,000
US Gross (11/21/2010): $292,568,851
Share Performance (2/28/2011): +0.79%
Covestor models that hold TWX as of end of day 2/28 – click through for more info on the models:
- Bottom-Up Analysis and Bottom-Up Analysis Aggressive from Epic Advisors
- Large Cap Core Equity from ASB Capital
Sony (SNE)
Movie: The Social Network
Budget: $40,000,000
US Gross (11/21/2010): $96,619,124
Share Performance (2/28/2011): +0.99%
Covestor models that hold SNE as of end of day 2/28 – click through for more info on the models:
- Market Neutral Growth from Patrick Clark
Viacom (VIA)
Movie: The Fighter
Budget: $25,000,000
US Gross (11/21/2010): $85,653,024
Share Performance (2/28/2011): +0.37%
No Covestor models hold VIA as of end of day 2/28.
Sources
“These 6 Companies COMPLETELY DOMINATED the Oscars” Damien Hoffman. Wall St Cheat Sheet, 2/28/2011. http://wallstcheatsheet.com/breaking-news/business/these-6-companies-completely-dominated-the-oscars.html
Share performance from Google Finance
