TRADERS ARE MAKING HUGE BETS THAT MILLENNIALS ARE DESTROYING MOVIE THEATERS

Shutterstock/junpinzonShort sellers know you stayed home watching Netflix instead of going to the movies last night. And they're making wagers to profit from that very fact. They've boosted short interest — a measure of bets that share prices will drop — in the four largest North American movie theater chains to the highest in years, according to data compiled by IHS Markit. That group includes Regal Entertainment Group, AMC Entertai...

BusinessInsider (Date:08/14/2017 04:48) Read full article >>

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Entertainment: Entertainment is a form of activity that holds the attention and interest of an audience, or gives pleasure and delight. It can be an idea or a task, but is more likely to be one of the activities or events that have developed over thousands of years specifically for the purpose of keeping an audien
Picture: An image is an artifact that depicts or records visual perception, for example a two-dimensional picture, that has a similar appearance to some subject usually a physical object or a person, thus providing a depiction of it.
Stocks: Stocks are devices used internationally, in medieval, Renaissance and colonial American times as a form of physical punishment involving public humiliation. The stocks partially immobilized its victims and they were often exposed in a public place such as the site of a market to the scorn of those w
Netflix: Netflix, Inc. is an American provider of on-demand Internet streaming media available to North and South America, the Caribbean, United Kingdom, Ireland, Sweden, Denmark, Norway, Finland and flat rate DVD-by-mail in the United States, where mailed DVDs are sent via Permit Reply Mail.
North American: North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the west and south by the Pacific
Disney: The Walt Disney Company, commonly known as Disney, is an American diversified multinational mass media corporation headquartered in Walt Disney Studios, Burbank, California. It is the largest media conglomerate in the world in terms of revenue. Disney was founded on October 16, 1923, by Walt and Roy
Motion Picture: A film, also called a movie or motion picture, is a series of still images on a strip of plastic which, when run through a projector and shown on a screen, creates the illusion of moving images. A film is created by photographing actual scenes with a motion picture camera by photographing drawings o
Wanda: Wanda is a female given name of Polish origin its probable meaning is with reference to the Wends. The name has long been popular in Poland where the legend of Princess Wanda has been circulating since at least the 12th century in 1947 Wanda was cited as the second most popular name from Polish sec
Markit: Markit Group Limited is an international market data vendor dealing in financial information services company with over 3,000 employees. Markit was founded in 2001 as the first independent source of credit derivative pricing. Markit claimed that with its unique and "privileged relationships with 16
Motion Picture Association: The Motion Picture Association is the international counterpart of the Motion Picture Association of America.