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By Market News Video Staff, Monday, November 29, 10:04 AM ET
Harry Potter and the Deathly Hallows – Part 1 took the top spot at the box office again over the weekend. The film, by Time Warner’s (NYSE:TWX) Warner Bros., has made $220 million in the U.S. alone since its debut. Disney’s (NYSE:DIS) Tangled was a close second-place at the box office, with $49.1 million in the three-day weekend.
Time Warner shares are trading lower by 1.2%, while Disney shares are flat this morning.
Disney accounts for 4.67% of the PowerShares Dynamic Media Portfolio (AMEX:PBS), while Time Warner makes up 4.16% of the fund. Omnicom Group (NYSE:OMC) is the top holding, with 5.33% of the portfolio, followed by Viacom (NASDAQ:VIA) at 4.98%.
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