Media and Entertainment Earnings: Viacom, Cinemark

Viacom (VIA, VIA.b) posted second quarter earnings today that rose 37%, to $574 million, or $0.97 per share, up from $420 million, or $0.69 per share, last year.

The parent to MTV and Paramount Pictures said adjusted earnings totaled $0.99 per share, ahead of analyst expectations.

Revenue beat estimates as well, up 15% to $3.77 billion.

Also today, movie exhibitor Cinemark Holdings (CNK) posted second quarter earnings that rose just slightly, to $40.4 million, or $0.35 per share, from $39.7 million, or $0.35 per share, last year.

Revenue rose 15%, to $620.6 million.

Per-share results missed analyst estimates, although revenue beat forecasts.

For MarketNewsVideo.com, I'm Sayoko Murase.

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8 Ways to Save Money on Entertainment

Sure, times are tough, but that doesn't mean you can't have a little fun. Here are eight ideas that will allow you to enjoy some entertainment and save money, too.

1. Discount days, or even free admission days, are a great way to save money on entertainment at zoos, galleries, museums, and even some theaters. Check your local venues for specials.

2. Are you a theater, concert, or sports lover, but can't afford the steep ticket prices? Consider a part-time job or volunteer position at the event. You may find yourself doing some menial work, but you'll also probably have the opportunity to catch most of the event -- and get paid for it!

3. Our neighborhood Ultrastar theater has "Cheapskate Tuesday." Most theaters also offer discounts for seniors and kids, but everyone can save money on certain days and certain times, usually in the afternoon on a weekday. If you go with a group of friends or co-workers, you can usually get a group discount, too.

4. Speaking of movies, do you know if you have a Netflix subscription you can watch thousands of movies and TV episodes free on your computer, Blu-Ray DVD player, Wii, PS3, XBox, or the new Apple TV? Yup, they have a huge collection of movies that they stream over the Internet. You can watch anytime you want for no additional charge while you wait for the next Netflix DVD to come in the mail.

5. You'll find movies at your local library, too, as well as music CDs, video games, and, by the way, books — all for free. They also offer lectures, music, and other library-sponsored events that are all free, too. While yore there, the Friends of the Library bookstore is a great place to buy books for pennies on a dollar.

6. If you're going out, babysitting can cost as much or more than your tickets. See if friends, family, or neighbors will trade babysitting responsibilities — you watch theirs one night, then they watch yours another.

7. And if you're out for an afternoon of fun, consider visiting that new restaurant you wanted to try. Lunch menus are priced lower than dinner menus. Look for coupons, too. Two-for-One deals are common.

8. Finally, if you're a student, military service member, or a senior, be sure to ask for discounts. For that matter, don't forget to ask for AAA, AARP, or other membership discounts. Even some clothing retailers, for example, offer AAA discounts.

View the original article here

8 Ways to Save Money on Entertainment

Sure, times are tough, but that doesn't mean you can't have a little fun. Here are eight ideas that will allow you to enjoy some entertainment and save money, too.

1. Discount days, or even free admission days, are a great way to save money on entertainment at zoos, galleries, museums, and even some theaters. Check your local venues for specials.

2. Are you a theater, concert, or sports lover, but can't afford the steep ticket prices? Consider a part-time job or volunteer position at the event. You may find yourself doing some menial work, but you'll also probably have the opportunity to catch most of the event -- and get paid for it!

3. Our neighborhood Ultrastar theater has "Cheapskate Tuesday." Most theaters also offer discounts for seniors and kids, but everyone can save money on certain days and certain times, usually in the afternoon on a weekday. If you go with a group of friends or co-workers, you can usually get a group discount, too.

4. Speaking of movies, do you know if you have a Netflix subscription you can watch thousands of movies and TV episodes free on your computer, Blu-Ray DVD player, Wii, PS3, XBox, or the new Apple TV? Yup, they have a huge collection of movies that they stream over the Internet. You can watch anytime you want for no additional charge while you wait for the next Netflix DVD to come in the mail.

5. You'll find movies at your local library, too, as well as music CDs, video games, and, by the way, books — all for free. They also offer lectures, music, and other library-sponsored events that are all free, too. While yore there, the Friends of the Library bookstore is a great place to buy books for pennies on a dollar.

6. If you're going out, babysitting can cost as much or more than your tickets. See if friends, family, or neighbors will trade babysitting responsibilities — you watch theirs one night, then they watch yours another.

7. And if you're out for an afternoon of fun, consider visiting that new restaurant you wanted to try. Lunch menus are priced lower than dinner menus. Look for coupons, too. Two-for-One deals are common.

8. Finally, if you're a student, military service member, or a senior, be sure to ask for discounts. For that matter, don't forget to ask for AAA, AARP, or other membership discounts. Even some clothing retailers, for example, offer AAA discounts.

View the original article here