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4-Traders Homepage  >  Equities  >  Nyse  >  Target Corporation    TGT

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Target Corporation : Target Introduces Target Ticket, a Family-Friendly Digital Video Service

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09/25/2013 | 02:11pm CEST

Service available to guests at TargetTicket.com

Today Target®Corp. (NYSE:TGT) announced that Target Ticket, its new digital video service, is available to guests nationwide. The convenient service, ideal for families with children, gives guests an easy way to access and enjoy their favorite titles on their preferred digital channels and devices anytime, anywhere.

Target partnered with Common Sense Media, a San Francisco-based non-profit organization best known for its reviews of movies and television shows. Through the partnership, Target Ticket gives guests access to thousands of reviews, making it easier for parents to choose the right content for their children. In addition to an overall quality rating, guests can set filters according to age-appropriateness, level of violence, profanity, MPAA and TV Parental Guidelines, putting guests' in control of the content they deem appropriate for viewing. Parents can customize a profile for each family member, allowing multiple viewers to watch their preferred content simultaneously on different devices.

"Many of our guests told us that streaming and viewing videos is complicated, so we created Target Ticket to simplify the experience," said Anne Stanchfield, divisional merchandise manager of entertainment, Target. "Target Ticket will help guests who are looking for a kid-safe, easy-to-use service that mirrors what they have come to expect from Target's entertainment offerings - a premium selection of the newest titles plus exclusive content, all at an affordable price."

Additional Target Ticket features include:

  • 30,000 movie and television titles available to buy or rent, download or stream at home or on-the-go, starting as low as $.99.
  • No subscription or sign-up fees, plus REDcard holders receive 5 percent off each purchase.
  • Premium selection of new blockbuster films. Current releases offered include "World War Z," "Iron Man 3," "Star Trek Into Darkness," "The Croods" and more.
  • Highly sought after series such as HBO's "Game of Thrones" and "True Blood" and SHOWTIME'S ® "HOMELAND."
  • More than 50 popular next-day television shows including "The Walking Dead," "Big Bang Theory," "Teenage Mutant Ninja Turtles" and more.
  • Viewers can watch rented content as many times as they want within a 48-hour rental period.
  • Target exclusive bonus footage available in select movies.
  • Target Ticket will offer 10 free downloads on select movies for each new guest.

Target Ticket is currently available on PC and MAC, Android and iOS, Roku®, Xbox, Samsung televisions and Blu-Ray players, with availability on additional devices in the coming months. Guests can visit TargetTicket.com to access the service or download the Target Ticket app through the App Store or Google Play.

For additional details about the service, guests can visit TargetTicket.com and ABullseyeView.com.

ABOUT TARGET:

Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,870 stores - 1,788 in the United States and 82 in Canada - and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target's commitment to corporate responsibility, visit target.com/corporateresponsibility.

For more information, visit Target.com/Pressroom.

Target Public Relations
Kristy Welker, 612-761-6025
or
Target Media Hotline, 612-696-3400


© Business Wire 2013
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Financials ($)
Sales 2018 69 401 M
EBIT 2018 4 093 M
Net income 2018 2 314 M
Debt 2018 10 034 M
Yield 2018 4,79%
P/E ratio 2018 12,14
P/E ratio 2019 12,12
EV / Sales 2018 0,55x
EV / Sales 2019 0,55x
Capitalization 28 005 M
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Mean consensus HOLD
Number of Analysts 25
Average target price 59,3 $
Spread / Average Target 17%
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NameTitle
Brian C. Cornell Chairman & Chief Executive Officer
John J. Mulligan Chief Operating Officer & Executive Vice President
Catherine R. Smith Chief Financial Officer & Executive Vice President
Michael E. McNamara Executive VP, Chief Information & Digital Officer
Roxanne Schuh Austin Independent Director
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