QUOTE AND NEWS
Forbes  Aug 21  Comment 
GameStop has recently shifted focus to the technology brands due to the scope of expansion and growth opportunities in the technology sector. The new technology brand segment, which was included in the fourth fiscal quarter of 2013, added nearly...
SeekingAlpha  Feb 6  Comment 
By Trefis: Activision Blizzard (ATVI) is scheduled to report earnings for the fourth quarter of 2013 on Thursday, February 6. The video game publisher has been outperforming the market for the last few quarters, helped by strong sales of its...
Forbes  Jan 3  Comment 
Li Ming, the CEO of Beijing based media company Galloping Horse, died of myocardial infarction at age 48 on Thursday evening.
Cloud Computing  Nov 6  Comment 
Endgame, Inc., a leading venture-backed provider of security solutions using data science to deliver actionable intelligence and visibility into the digital domain for government and commercial customers, today announced the...
Sydney Morning Herald  Oct 1  Comment 
The digital domain is creeping off our desktops and onto our bodies, from music players that match your tunes to your heart beat, to mood sweaters that change colour depending on your emotional state — blue for calm, red for angry.     
New York Times  Apr 20  Comment 
Researchers have been developing systems that summon online workers on demand for specific small tasks — and produce immediate results.     
New York Times  Apr 6  Comment 
Some police departments are recording their officers’ interactions with civilians using cameras small enough to attach to sunglasses.
New York Times  Feb 23  Comment 
After a frustrating two-and-a-half-hour fitting room ordeal, Michelle Lam helped launch a company to match women with bras online.
New York Times  Feb 9  Comment 
Despite the potential cost savings, the use of digital price tags has yet to catch on in stores in the United States.
New York Times  Jan 26  Comment 
Republic Wireless keeps its cellphone service prices low via an interesting hybrid: it uses Wi-Fi when customers are in a Wi-Fi area and a 3G network when they are not.




 
TOP CONTRIBUTORS

Digital Domain Media Group (NYSE:DDMG) is a digital production company which makes computer generated images and visual effects for film studios and advertisers. In addition, Digital Domain Media converts films from "2D" to "3D" images. Work done by the company has been Academy Awards for Best Visual Effects. Digital visual effects and 3D images in particular have increased in demand. Digital Domain Media plans to take advantage of potential co-production opportunities in feature films.[1]


Business Overview

Digital Domain Media reported a total revenue of $106M for the full year 2010. For the same period, the company reported a net loss of $49.9M. The company has a history of losses.[2]


New Updates

The company's initial public offering of stock on the NYSE occurred on November 18, 2011. The company offered 5M shares each for $8.50. This was below the $10-$12 price range. The company had originally planned to sell 5.5M shares. The deal raised a total of $43M. The lead manger of the deal was Roth Capital.[3]

Trends & Forces

Co-Production Opportunities

Digital Domain Media hopes to be able to take advantage of its position in the film industry by selectively co-producing feature films. This co-production would allow DDMG to invest alongside other producers in the film, and, as a result, receive a portion of the profits. This would be a substantial move for DDMG. In addition to becoming a co-producer, Digital Media Domain would also have the opportunity to play a role in the advertising of the film. In essence, Digital Domain Media would expand vertically. However, the company has little experience in direct film production.[4][5]

  1. DDMG S-1/A 2011 PROSPECTUS SUMMARY "Our Business and Growth Strategy" p. 1
  2. DDMG S-1/A 2011 PROSPECTUS SUMMARY "Results of Operations" p. 52
  3. Renaissance Capital - IPO Home "Digital Domain prices downsized IPO at $8.50, below the range" 18 Nov 2011
  4. Seeking Alpha "Digital Domain Media Group IPO: Beware Of Ugly Earnings Statements" 22 Nov 2011
  5. DDMG S-1/A 2011 PROSPECTUS SUMMARY "Our Business and Growth Strategy" pp. 1-2
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki