Category: Media & Entertainment

Metaverse Plays

Metaverse Plays

The Metaverse is a fancy term for accessing online worlds via the Internet. Gaming environments are a prime example. Online meeting spaces (avatar meetings) are another example. We can imagine a world where buying a home or purchasing an automobile take place in a virtual environment. We believe that every Software company of size will … Continue reading Metaverse Plays

Cash Rich Stocks & Other Ideas To Hedge Inflation

Cash Rich Stocks & Other Ideas To Hedge Inflation

Hate to say we told you so, but this inflation train is moving into high gear and will remain strong throughout 2022, particularly as higher home rental prices start to flow through the Fed's home rental price surveys. Our view is that the Fed will be forced to accelerate its tapering effort to perhaps conclude … Continue reading Cash Rich Stocks & Other Ideas To Hedge Inflation

Amazon, Apple and Microsoft Are Online Advertising Challengers

Amazon, Apple and Microsoft Are Online Advertising Challengers

Amazon may not be a surprise to investors given the ubiquity of Amazon's ecommerce platform. Apple is an online advertising challenger given the services that sit on top of its devices from Gaming (Arcade) to Apple TV to Apple News to Apple's forthcoming push into AR/VR. Microsoft is another Tech giant that does not enjoy … Continue reading Amazon, Apple and Microsoft Are Online Advertising Challengers

A Win for Intuit. A Loss for Facebook

A Win for Intuit. A Loss for Facebook

Intuit (ticker: INTU), recently announced that it had agreed to acquire Mailchimp, the marketing platform used by small and medium-sized businesses (we are a Mailchimp customer). Intuit is in the business of serving the SMB market. Facebook (ticker: FB), also serves SMBs and made a smart acquisition last year (Kustomer acquisition) to bolster its SMB … Continue reading A Win for Intuit. A Loss for Facebook

CEO Behavior & Opportunity Cost

CEO Behavior & Opportunity Cost

CEOs ought to operate their companies in such a manner that their integrity and work ethic may not be questioned. Take the example of Unity (ticker: U) CEO John Riccitiello who is named in this lawsuit. If the allegations are true, it speaks to horrible behavior on Mr. Riccitiello's part. Setting the allegations aside for … Continue reading CEO Behavior & Opportunity Cost

Big Tech Firms Will Find It More Difficult To Execute M&A

Big Tech Firms Will Find It More Difficult To Execute M&A

Tickers mentioned: Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Facebook (FB), Microsoft (MSFT) In May we wrote about Amazon potentially acquiring MGM. That deal was subsequently announced and will be reviewed by the FTC (per the WSJ) under new FTC Chair Lina Khan. We recently mentioned Ms. Khan as being tough on Big Tech. The FTC's … Continue reading Big Tech Firms Will Find It More Difficult To Execute M&A

Endeavor Should Spin-Off The UFC

Endeavor Should Spin-Off The UFC

Newly public Endeavor Group (tkr: EDR) is valued at $13 billion. The spin transaction that we recommend is of Endeavor's "Owned Sports Properties" or "OSP", segment which primarily consists of the UFC led by UFC co-founder and president Dana White. That segment grew March Q revenue by 22% Y-O-Y to $284 million (see table below) … Continue reading Endeavor Should Spin-Off The UFC

Deals Brewing Based On CEORater and TEK2day Traffic?

Deals Brewing Based On CEORater and TEK2day Traffic?

Based on the inbound traffic to our CEORater and TEK2day properties our best guess is that M&A due diligence is taking place for a deal between some combination of Fiserv (FISV), FIS Global (FIS) and Global Payments (GPN). The last time we saw this type of activity on our platform was in the several months … Continue reading Deals Brewing Based On CEORater and TEK2day Traffic?

Amazon & MGM? Bezos & Bond?

Amazon & MGM? Bezos & Bond?

Amazon has likely done the math and concluded that acquiring a proven film library (MGM owns the rights to the Bond franchise) has a superior risk reward as compared to building a content library from scratch. It remains to be seen how competitive such a prospective deal would be as Disney Executive Chairman Bob Iger … Continue reading Amazon & MGM? Bezos & Bond?