Lions Gate Entertainment Corp. (USA) (LGF): Media Stocks That Are Worth Serious Looks

Now, whenever journalists meet a corporate executive for the first time, they would be wise to wear a hat, because they’re going to get a lot of snow thrown at them, in the form of endlessly optimistic forecasts. Oh, Burns, too, was brimming with favorable reasons that Lions Gate Entertainment Corp. (USA) (NYSE:LGF) would prove to be a company to watch.

But in passing, he also said something that I immediately picked up on: When he and his boss, CEO Jon Feltheimer, had traveled to New York, they sat in the coach section of the plane, to save the company some money. Since Hollywood executives like to live as if their employers had the means of, say, the Sultan of Brunei, Burns had made a strong impression on me. Here was a movie official who actually liked to save a few bucks, even if it meant inconveniencing himself at the same time.

Burns’ comment underscored Lions Gate Entertainment Corp. (USA) (NYSE:LGF)’s judiciousness and unpretentious business style. Here was a company that watched its pennies, a rarity (to say the least) in the media and entertainment industry.

When you give media stocks a second look, listen for the piece of valuable insight that will help guide you. It’s worth the effort.

The article Media Stocks That Are Worth Serious Looks originally appeared on Fool.com and is written by Jon Friedman.

Fool contributor Jon Friedman has no position in any stocks mentioned. The Motley Fool recommends DIRECTV and DreamWorks Animation.

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