Lions Gate Entertainment (LGF)

He used to own this as part of an interest in content creation. He thinks that cycle has played out and he is now short this sector.

(A Top Pick Jan 14/15. Down 1.66%.) Sold his holdings in the low $30s. They seem to be running out of the big franchises, both in TV and in film.

This company has gotten into television in a big way. TV has become more important again and people are spending tens of millions of dollars on TV series. He likes the content producers. They are hard to replicate. Dividend yield of 0.94%.

Just reported earnings, and the stock came back as they were somewhat below expectations. They produced the Twilight Series and the Hunger Games, which were very popular. Not a cheap stock. Trading at around 18-20 times earnings. There is some question about growth going forward beyond 2018.