UBS Research: Media http://clientportal.ibb.ubs.com/portal/index.jsp?page=eqrschstockrschsector&IndCatCode=MDI&MarketCode=GL&MarketCap=X UBS Research: Media en Copyright (C) UBS 2009. All rights reserved. eMarketing@ubs.com eMarketing@ubs.com Fri, 6 Nov 2009 Sat, 7 Nov 2009 60 http://clientportal.ibb.ubs.com/portal/index.jsp?page=eqrschrss http://research.ibb.ubs.com:80/images/logo.gif UBS http://www.ubs.com 160 44 <![CDATA[Dentsu "A further upward revision is possible, depending on the subsidiaries"]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew17775|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Advertising

  • Global Consumer, Cyclical

  • Global Media

  • Japanese Advertising

  • Japanese Consumer, Cyclical

  • Japanese Media


Companies
  • 4324.T Dentsu


Subjects
  • Company Update

  • Morning Note

]]> Shinsuke Iwasa 4324.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew17775|native|public|20091106151328 Fri, 6 Nov 2009 <![CDATA[First Read: Scripps Networks "Ads & Costs Slightly Ahead of Estimates"]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82284|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Entertainment

  • Global Consumer, Cyclical

  • Global Media

  • US Entertainment

  • Americas Entertainment

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Media

  • US Media

  • North American Consumer, Cyclical

  • North American Media

  • North American Entertainment


Companies
  • SNI.N Scripps Networks


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Michael C. Morris, CFA SNI.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82284|native|public|20091106133705 Fri, 6 Nov 2009 <![CDATA[BEC "Recovery, but not downside, priced in" (Sell) Arayasantiparb]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev51578|native|public Regions
  • Global

  • Emerging Markets

  • Asia

  • Thailand

  • Asia Pacific

  • Asia Pacific Ex. JP

  • Asia Emerging


Sectors
  • Global Broadcasting

  • Global Consumer, Cyclical

  • Global Media

  • Thai Broadcasting

  • Asian Broadcasting

  • Asian Consumer, Cyclical

  • Thai Consumer, Cyclical

  • Asian Media

  • Thai Media

  • Asian Pacific Broadcasting

  • Asian Pacific Consumer, Cyclical

  • Asian Pacific Media

  • Asian Pacific Ex. JP Broadcasting

  • Asian Pacific Ex. JP Consumer, Cyclical

  • Asian Pacific Ex. JP Media

  • Asia Emerging Broadcasting

  • Asia Emerging Consumer, Cyclical

  • Asia Emerging Media


Companies
  • BEC.BK BEC

  • MCOT.BK MCOT


Subjects
  • Change in Recommendation

  • Company Update

  • Morning Note

]]> Athaporn Arayasantiparb BEC.BK MCOT.BK http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uev51578|native|public|20091106114359 Fri, 6 Nov 2009 <![CDATA[Global Media News & Views "UBS Global Media Weekly Update" 06-Nov-2009 Coppet]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82280|native|public Regions
  • Global


Sectors
  • Global Consumer, Cyclical

  • Global Media


Companies
  • AEGS.L Aegis

  • VIV.PA Vivendi

  • LAGA.PA Lagardere

  • WLSNc.AS Wolters-Kluwer

  • WPP.L WPP

  • PSMG_p.DE ProSiebenSat1

  • INF.L Informa

  • JCDX.PA JCDecaux

  • ITV.L ITV

  • PAJ.PA PagesJaunes

  • RMV.L Rightmove

  • CTCM.O CTC Media

  • CMCSA.O Comcast Corporation

  • VIAb.N Viacom

  • ATVI.O Activision Blizzard

  • ERTS.O Electronic Arts

  • TWX.N Time Warner Inc.

  • CBS.N CBS Corp.

  • CVC.N Cablevision Systems

  • TRI.N Thomson Reuters

  • DTV.O DIRECTV Group

  • NWSA.O News Corporation

  • TWC.N Time Warner Cable

  • DISCA.O Discovery Comm

  • WAN.AX West Aust Newspapers

  • 9401.T TBS Holdings

  • 9404.T NTV

  • 4676.T Fuji Media Holdings

  • 9684.T Square Enix Holdings

  • 4755.Q Rakuten

  • 9409.T TV Asahi

  • 2433.T Hakuhodo DY HD

  • 2121.T mixi

  • DWS.AX DWS


Subjects
  • Industry Overview

  • Morning Note

]]> Matthieu Coppet AEGS.L VIV.PA LAGA.PA WLSNc.AS WPP.L PSMG_p.DE INF.L JCDX.PA ITV.L PAJ.PA RMV.L CTCM.O CMCSA.O VIAb.N ATVI.O ERTS.O TWX.N CBS.N CVC.N TRI.N DTV.O NWSA.O TWC.N DISCA.O WAN.AX 9401.T 9404.T 4676.T 9684.T 4755.Q 9409.T 2433.T 2121.T DWS.AX http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82280|native|public|20091106111835 Fri, 6 Nov 2009 <![CDATA[First Read: Professional Publishing "Thomson Reuters read across" 06-Nov-2009]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69303|native|public Regions
  • Europe Including UK

  • Global


Sectors
  • European Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • Global Media


Companies
  • WLSNc.AS Wolters-Kluwer

  • REL.L Reed Elsevier plc

  • TRI.N Thomson Reuters


Subjects
  • Industry Overview

  • Market Strategy / Comment

  • Morning Note

]]> Polo Tang WLSNc.AS REL.L TRI.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69303|native|public|20091106082729 Fri, 6 Nov 2009 <![CDATA[First Read: UBM "Reaching an inflexion point" (Buy) Reid]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69297|native|public Regions
  • Europe Including UK

  • United Kingdom

  • Global

  • UBSW EMEA


Sectors
  • British Publishing

  • European Publishing

  • Global Publishing

  • European Consumer, Cyclical

  • British Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • British Media

  • Global Media


Companies
  • UBM.L UBM


Subjects
  • Company Update

  • Morning Note

]]> Alastair Reid UBM.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69297|native|public|20091106080239 Fri, 6 Nov 2009 <![CDATA[CBS Corp. "Results, Outlook Show Positive Momentum " (Buy) Morris]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82258|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Broadcasting

  • Global Consumer, Cyclical

  • Global Media

  • US Broadcasting

  • Americas Broadcasting

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Media

  • US Media

  • North American Broadcasting

  • North American Consumer, Cyclical

  • North American Media


Companies
  • CBS.N CBS Corp.


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Michael C. Morris, CFA CBS.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82258|native|public|20091106071523 Fri, 6 Nov 2009 <![CDATA[CTC Media "Strong 3Q09 US GAAP results" (Buy) Sukhanova]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69281|native|public Regions
  • Global

  • Russia

  • EMEA Emerging

  • UBSW EMEA

  • Emerging Markets


Sectors
  • Russian Broadcasting

  • EMEA Emerging Broadcasting

  • Global Broadcasting

  • EMEA Emerging Consumer, Cyclical

  • Global Consumer, Cyclical

  • Russian Consumer, Cyclical

  • EMEA Emerging Media

  • Global Media

  • Russian Media

  • Global Emerging Broadcasting

  • Global Emerging Consumer, Cyclical

  • Global Emerging Media


Companies
  • CTCM.O CTC Media


Subjects
  • Company Update

  • Morning Note

]]> Svetlana Sukhanova CTCM.O http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69281|native|public|20091106054711 Fri, 6 Nov 2009 <![CDATA[Activision Blizzard "Call of Duty the Key Near-Term Driver" (Buy) Pitz]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82262|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Entertainment

  • Global Consumer, Cyclical

  • Global Media

  • US Entertainment

  • Americas Entertainment

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Media

  • US Media

  • North American Consumer, Cyclical

  • North American Media

  • North American Entertainment


Companies
  • ATVI.O Activision Blizzard

  • ERTS.O Electronic Arts


Subjects
  • Company Update

  • Morning Note

]]> Brian Pitz ATVI.O ERTS.O http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82262|native|public|20091106045357 Fri, 6 Nov 2009 <![CDATA[Lagardere "Advertising & Sports overshadow Books" (Buy) Reid]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69243|native|public Regions
  • Europe Including UK

  • Europe Ex. UK

  • France

  • Global

  • UBSW EMEA


Sectors
  • French Publishing

  • European Publishing

  • European Ex. UK Publishing

  • Global Publishing

  • European Consumer, Cyclical

  • European Ex. UK Consumer, Cyclical

  • French Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • European Ex. UK Media

  • French Media

  • Global Media


Companies
  • LAGA.PA Lagardere


Subjects
  • Company Update

  • Morning Note

]]> Alastair Reid LAGA.PA http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69243|native|public|20091106040037 Fri, 6 Nov 2009 <![CDATA[European Media "Private equity back in town" 06-Nov-2009 Reid]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69266|native|public Regions
  • Europe Including UK

  • Global


Sectors
  • European Consumer, Cyclical

  • Global Consumer, Cyclical

  • European Media

  • Global Media


Companies
  • AEGS.L Aegis

  • EURC.PA Havas

  • WLSNc.AS Wolters-Kluwer

  • INF.L Informa


Subjects
  • Industry Overview

  • Market Strategy / Comment

  • Morning Note

]]> Alastair Reid AEGS.L EURC.PA WLSNc.AS INF.L http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uer69266|native|public|20091106040053 Fri, 6 Nov 2009 <![CDATA[DIRECTV Group "Business slowing but buyback on the way" (Buy) Hodulik]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82251|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Broadcasting

  • Global Consumer, Cyclical

  • Global Media

  • US Broadcasting

  • Americas Broadcasting

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Media

  • US Media

  • North American Broadcasting

  • North American Consumer, Cyclical

  • North American Media


Companies
  • DTV.O DIRECTV Group


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> John C. Hodulik, CFA DTV.O http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82251|native|public|20091106025608 Fri, 6 Nov 2009 <![CDATA[Thomson Reuters "Well positioned for long-term growth" (Buy) Huang]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=ueu05940|native|public Regions
  • Global

  • Americas

  • Canada

  • North America


Sectors
  • Global Publishing

  • Global Consumer, Cyclical

  • Global Media

  • Canadian Publishing

  • Americas Publishing

  • Americas Consumer, Cyclical

  • Canadian Consumer, Cyclical

  • Americas Media

  • Canadian Media

  • North American Consumer, Cyclical

  • North American Media

  • North American Publishing


Companies
  • TRI.N Thomson Reuters


Subjects
  • Change in Recommendation

  • Company Update

  • Morning Note

]]> Phillip Huang, CFA TRI.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=ueu05940|native|public|20091106011554 Fri, 6 Nov 2009 <![CDATA[Time Warner Cable "Weak net adds boost margin growth" (Neutral) Hodulik]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82223|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Broadcasting

  • Global Consumer, Cyclical

  • Global Media

  • US Broadcasting

  • Americas Broadcasting

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Media

  • US Media

  • North American Broadcasting

  • North American Consumer, Cyclical

  • North American Media


Companies
  • TWC.N Time Warner Cable


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> John C. Hodulik, CFA TWC.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82223|native|public|20091105232246 Thu, 5 Nov 2009 <![CDATA[Activision Blizzard "3Q Quick Take: 3Q Beat; Reiterated Guidance" (Buy) Pitz]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82218|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Entertainment

  • Global Consumer, Cyclical

  • Global Media

  • US Entertainment

  • Americas Entertainment

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Media

  • US Media

  • North American Consumer, Cyclical

  • North American Media

  • North American Entertainment


Companies
  • ATVI.O Activision Blizzard

  • ERTS.O Electronic Arts


Subjects
  • Company Update

  • Morning Note

]]> Brian Pitz ATVI.O ERTS.O http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82218|native|public|20091105222627 Thu, 5 Nov 2009 <![CDATA[NTV "Room for further upward revision" (Buy) Iwasa]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew17742|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Broadcasting

  • Global Consumer, Cyclical

  • Global Media

  • Japanese Broadcasting

  • Japanese Consumer, Cyclical

  • Japanese Media


Companies
  • 9404.T NTV


Subjects
  • Company Update

  • Morning Note

]]> Shinsuke Iwasa 9404.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew17742|native|public|20091105151128 Thu, 5 Nov 2009 <![CDATA[Fuji Media Holdings "Pressure from fixed cost-type management of network costs"]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew17744|native|public Regions
  • Global

  • Asia Pacific

  • Japan


Sectors
  • Global Broadcasting

  • Global Consumer, Cyclical

  • Global Media

  • Japanese Broadcasting

  • Japanese Consumer, Cyclical

  • Japanese Media


Companies
  • 4676.T Fuji Media Holdings


Subjects
  • Company Update

  • Morning Note

]]> Shinsuke Iwasa 4676.T http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uew17744|native|public|20091105151042 Thu, 5 Nov 2009 <![CDATA[First Read: DIRECTV Group "Revenues Strong; Margins, Subs Pressured" (Buy)]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82191|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Broadcasting

  • Global Consumer, Cyclical

  • Global Media

  • US Broadcasting

  • Americas Broadcasting

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Media

  • US Media

  • North American Broadcasting

  • North American Consumer, Cyclical

  • North American Media


Companies
  • DTV.O DIRECTV Group


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> John C. Hodulik, CFA DTV.O http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82191|native|public|20091105144114 Thu, 5 Nov 2009 <![CDATA[First Read: Thomson Reuters "Revenues decline, subscriptions improving " (Sell)]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=ueu05929|native|public Regions
  • Global

  • Americas

  • Canada

  • North America


Sectors
  • Global Publishing

  • Global Consumer, Cyclical

  • Global Media

  • Canadian Publishing

  • Americas Publishing

  • Americas Consumer, Cyclical

  • Canadian Consumer, Cyclical

  • Americas Media

  • Canadian Media

  • North American Consumer, Cyclical

  • North American Media

  • North American Publishing


Companies
  • TRI.N Thomson Reuters


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> Phillip Huang, CFA TRI.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=ueu05929|native|public|20091105134231 Thu, 5 Nov 2009 <![CDATA[First Read: Time Warner Cable "Financials in-line, RGUs worse" (Neutral) Hodulik]]> http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82167|native|public Regions
  • Global

  • Americas

  • United States

  • North America


Sectors
  • Global Broadcasting

  • Global Consumer, Cyclical

  • Global Media

  • US Broadcasting

  • Americas Broadcasting

  • Americas Consumer, Cyclical

  • US Consumer, Cyclical

  • Americas Media

  • US Media

  • North American Broadcasting

  • North American Consumer, Cyclical

  • North American Media


Companies
  • TWC.N Time Warner Cable


Subjects
  • Company Update

  • Operating Results

  • Morning Note

]]> John C. Hodulik, CFA TWC.N http://research.ibb.ubs.com:80/servlet/SrchDoc?rss=uez82167|native|public|20091105121508 Thu, 5 Nov 2009