CKXE CKX, Inc. featured news, full reports, and detailed charts
CKX, Inc. (CKXE) Wrap Up:
CKX, Inc., together with its subsidiaries and predecessor, will be referred to in this Annual Report on Form 10-K by terms such as “we,” “us,” “our,” “CKX,” the “registrant” and the “Company,” unless the context otherwise requires. Overview We are engaged in the ownership, development and commercial utilization of entertainment content. Our primary assets and operations include the rights to the name, image and likeness of Elvis Presley and the operations of Graceland, the rights to the name, image and likeness of Muhammad Ali and proprietary rights to the IDOLS television brand, including the American Idol series in the United States and local adaptations of the IDOLS television show format which, collectively with American Idol, air in over 100 countries around the world. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f04%2f0000950123-08-002457.html#FIS_BUSINESS"www.ckx.com
442 Employees
Founded in 1986
CKX Inc. (CKXE*(D):NASDAQ)
LAST $6.05 USD
CHANGE TODAY +0.06 1.00%
VOLUME 165.9K
*(D) = Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of CKX Inc. (CKXE)
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OPEN
$5.96
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PREVIOUS CLOSE
$5.99
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DAY HIGH
$6.32
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DAY LOW
$5.90
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52 WEEK HIGH
06/5/09 - $8.24
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52 WEEK LOW
11/21/08 - $1.55
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MARKET CAP
562.9M
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AVERAGE VOLUME 3 mo
127.1K
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DILUTED EPS TTM
$0.14
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SHARES OUTSTANDING
93.0M
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CKXE Does Not Pay Dividends
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P/E TTM
44.1x
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| K = Thousands M = Millions B = Billions | ||
related news
Elvis Has Left the Stock Market
06/01/2007 4:31 PM ET
Stocks Hit New Highs on Data, M&A
06/01/2007 3:15 PM ET
CKXE Top Compensated Officers
Mr. Robert F. X. Sillerman
Chairman and Chief Executive Officer
Age: 61
Total Annual Compensation: $1.7M
Mr. Thomas P. Benson
Chief Financial Officer, Principal Accounting...
Age: 46
Total Annual Compensation: $744.1K
Mr. Mitchell J. Slater
Chief Operating Officer, Senior Executive Vic...
Age: 48
Total Annual Compensation: $1.0M
Mr. Simon Robert Fuller
Member of the Office of the Chairman, Directo...
Age: 48
Total Annual Compensation: $2.5M
Mr. Howard J. Tytel
Senior Executive Vice President, Director of ...
Age: 62
Total Annual Compensation: $1.0M
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for CKX Inc. (CKXE)
CKX Inc. Reports Consolidated Financial Results for the Third Quarter and Nine Months Ended September 30, 2009
11/6/2009
CKX Inc. reported consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, revenue declined to $87.4 million from $97.0 million for the comparable period in 2008. Operating income before depreciation, amortization and non-cash stock compensation (OIBDAN) declined to $16.4 million from $28.9 million in 2008. The 2009 results include an unfavorable swing of $3.9 million in non-cash foreign exchange gains as compared to 2008. Operating income in 2009 declined to $11.0 million from $22.7 million in 2008. Net income attributable to the company was $11.2 million, an increase of $2.5 million from the third quarter of 2008 as the decline in operating income was more than offset by a favorable income tax benefit compared to an income tax provision in the prior year. Diluted income per common share of $0.12 represented an increase of $0.03 from the third quarter of 2008. For the nine months, revenue declined slightly to $248.4 million from $250.7 million for the comparable period in 2008. OIBDAN declined to $61.0 million in 2009 from $86.5 million in 2008. The 2009 results include $10.0 million of non-recurring revenue from terminated license agreements, an unfavorable swing in non-cash foreign exchange gains/losses of $9.9 million, as well as a $2.7 million increase in incremental and one-time costs. Adjusting for the non-recurring revenue, foreign exchange gains/losses and incremental and one-time costs, OIBDAN declined from $82.7 million to $59.8 million. Operating income declined to $45.8 million in 2009 from $68.0 million in 2008. Net income attributable to the company was $27.3 million, a decrease of $4.6 million from the 2008 period, which reflects the decline in operating income partially offset by a more favorable effective tax rate compared to the prior year due to the company's ability to utilize more foreign tax credits as well as receiving benefits from some discrete items on the filing of its 2008 tax return. Diluted income per common share of $0.30 represented a decrease from $0.33 for the first nine months of 2008.
CKX Inc., Q3 2009 Earnings Call, Nov--06-2009
11/6/2009
CKX Inc., Q3 2009 Earnings Call, Nov-06-2009
CKX Inc., Annual General Meeting, Dec 18, 2009
11/3/2009
CKX Inc., Annual General Meeting, Dec 18, 2009, at 11:00 US Eastern Time. Location: The offices of Greenberg Traurig, LLP, 200 Park Avenue, New York, United States. Agenda: To elect nine directors; to ratification of the appointment of Deloitte & Touche, LLP as the company's independent registered public accounting firm; and such other business as may properly come before the meeting or any adjournment(s) thereof.
CKXE Competitors
| Company | Last | Change | |
| No competitor information is available for CKXE. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | CKXE | Industry Range |
| Price/Earnings | 45.3x |
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| Price/Sales | 2.0x |
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| Price/Book | 2.2x |
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| Price/Cash Flow | 17.0x |
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| TEV/Sales | 1.3x |
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CKXE |
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CKXE transactions
| Type Date |
Target |
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Merger/Acquisition
October 9, 2009 |
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More Recent News About CKX, Inc.
More news for CKXE
CKX Issues Statement Correcting Factual Errors in Dow Jones Newswires Report
NEW YORK--(BUSINESS WIRE)--CKX, Inc. issued a statement this morning correcting the factual errors in an article that ran on the Dow Jones Newswires late in the afternoon on Wednesday, October 14. The Company clarified that it is not selling any shares of common stock to the public at this time. CKX noted that Robert F.X. Sillerman, the Company’s Chairman and CEO, recently sold 7.85 million of his personally owned shares to a well-known investment fund at a price of $6.75 per share. In order to allow the purchaser to obtain shares that are freely tradable, the Company agreed to register the shares with the Securities and Exchange Commission. The registration statement that was filed on Wednesday, and on which the inaccurate Dow Jones Newswires report was apparently based, was merely registering the shares purchased from Mr. Sillerman. It did not indicate a sale by the Company of any shares of stock. Further, the $6.26 per share price quoted in the Dow Jones report has no bearing on any sale price of CKX's stock. It has nothing to do with the price at which Mr. Sillerman sold the stock, which was $6.75 per share.About CKX, Inc.American Idol series in the United States and local adaptations of the IDOLS television show format which, collectively, air in more than 100 countries. For more information about CKX, Inc., visit its corporate website at ...Click here to read the whole Article (external link)
CKX, INC. Files SEC form 8-K, Other Events, Results of Operations and Financial Condition, Financial Statements and E
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following management's discussion and analysis of financial condition and results of operations of the Company (and its predecessor) should be read in conjunction with the historical financial statements and footnotes of the Presley Business, and the Company's historical consolidated financial statements and notes thereto included elsewhere in this Annual Report. Our future results of operations may change materially from the historical results of operations reflected in our historical financial statements. Overview We are engaged in the ownership, development and commercial utilization of entertainment content, including the rights to the name, image and likeness of Elvis Presley and the operations of Graceland, the rights to the name, image and likeness of Muhammad Ali and proprietary rights to the IDOLS television brand, including the American Idol series in the United States and local adaptations of the IDOLS television show format which, collectively, air in over 100 countries around the world. Our existing properties generate recurring revenues across multiple entertainment platforms, including music and television; sponsorship; licensing and merchandising; artist management; themed attractions and touring/live events. The Company owns an 85% interest in the Presley Business. The former owner of the Presley Business maintains a 15% interest in the business, is entitled to certain future distributions and has other contractual rights. The Company owns an 80% interest in the Ali Business. The former owner of the Ali Business maintains a 20% interest in the business and is entitled to certain future distributions and has other contractual rights. Terminated Merger Agreement On June 1, 2007, we entered into an Agreement and Plan of Merger (as amended on August 1, 2007, September 27, 2007, January 23, 2008 and May 27, 2008, the "Merger Agreement") ...Click here to read the whole Article (external link)
CKX, INC. Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations Management's discussion and analysis of financial condition and results of operations should be read in conjunction with the historical financial statements and footnotes of the registrant included in its Annual Report on Form 10-K for the year ended December 31, 2008. Our future results of operations may change materially from the historical results of operations reflected in our historical financial statements. General We are engaged in the ownership, development and commercial utilization of entertainment content. As more fully described below, our primary assets and operations include: • 19 Entertainment Limited, which owns, among other properties, proprietary rights to the IDOLS and So You Think You Can Dance television brands, both of which air in the United States, and, together with local adaptations of the format, around the world; • An 85% ownership interest in Elvis Presley Enterprises, which owns the rights to the name, image and likeness of Elvis Presley, certain music and other intellectual property created by or related to Elvis Presley and the operations of Graceland and has partnered with Cirque du Soleil for the creation of Elvis Presley-themed shows and projects around the world; and • An 80% ownership interest in Muhammad Ali Enterprises, which owns the rights to the name, image and likeness of, as well as certain trademarks and other intellectual property related to Muhammad Ali. Our existing properties generate recurring revenue across multiple entertainment platforms, including music and television; licensing and merchandising; talent management; themed attractions and touring/live events. The Company owns an 85% interest in the Presley Business. The former owner of the Presley Business maintains a 15% interest in the business, is entitled to certain future distributions and has other contractual rights. The Company ...Click here to read the whole Article (external link)
CKX, INC. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for CKX, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for CKX, INC. 3-Nov-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for...Click here to read the whole Article (external link)
CKX, Inc. Reports Third Quarter 2009 Results
NEW YORK--(BUSINESS WIRE)--CKX, Inc. (NASDAQ: CKXE - News) today reported financial results for its third quarter and nine months ended September 30, 2009. For the three months ended September 30, 2009, revenue declined to $87.4 million from $97.0 million for the comparable period in 2008. Operating income before depreciation, amortization and non-cash stock compensation (“OIBDANâ€) declined to $16.4 million from $28.9 million in 2008. The 2009 results include an unfavorable swing of $3.9 million in non-cash foreign exchange gains as compared to 2008. Operating income in 2009 declined to $11.0 million from $22.7 million in 2008.For the nine months ended September 30, 2009, revenue declined slightly to $248.4 million from $250.7 million for the comparable period in 2008. OIBDAN declined to $61.0 million in 2009 from $86.5 million in 2008. The 2009 results include $10.0 million of non-recurring revenue from terminated license agreements, an unfavorable swing in non-cash foreign exchange gains/losses of $9.9 million, as well as a $2.7 million increase in incremental and one-time costs. Adjusting for the non-recurring revenue, foreign exchange gains/losses and incremental and one-time costs, OIBDAN declined from $82.7 million to $59.8 million. Operating income declined to $45.8 million in 2009 from $68.0 million in 2008.So You Think You Can DanceAmerican Idol in 2010 and th...Click here to read the whole Article (external link)
CKX, INC. Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue87,395 79,533 81,506 37,404 Cost of Revenue49,718 32,904 28,310 17,037 Gross Profit37,677 46,629 53,196 20,367 Operating ExpensesResearch Development - - - - Selling General and Administrative23,026 23,944 23,517 12,949 Non Recurring(5,531)6,933 1,665 27,938 Others5,033 4,560 4,438 4,750 Total Operating Expenses - - - - Operating Income or Loss11,006 11,192 23,576 (25,270)Income from Continuing OperationsTotal Other Income/Expenses Net(4,090)100 103 (5,414)Earnings Before Interest And Taxes11,059 11,292 23,679 (30,684)Interest Expense697 906 1,050 1,240 Income Before Tax10,362 10,386 22,629 (31,924)Income Tax Expense(1,781)5,035 9,294 (17,602)Minority Interest - - - (494)Net Income From Continuing Ops12,402 5,030 13,397 (14,251)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - - ...Click here to read the whole Article (external link)
New Star Analyst Rankings for CKX, Inc.
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
CKX, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
Show all filings for CKX, INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for CKX, INC. 6-Nov-2009Results of Operations and Financial Condition, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for in...Click here to read the whole Article (external link)
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