There was a time when it seemed that content producers believed that the answer to generating revenue was to go direct-to-consumer via a proprietary streaming platform and to do so without a distribution partner. That is a very expensive proposition. For example, the WWE (ticker: WWE), launched its 24/7 streaming network - WWE Network - … Continue reading It Is Expensive Selling To Consumers. Just Ask Disney CEO Bob Iger.
Tag: Comcast
WWE To Endeavor
CNBC reports that Ari Emanuel's Endeavor (ticker: EDR) will acquire WWE (ticker: WWE). CNBC is in a position to know the deal outcome as its parent company Comcast (ticker: CMCSA) is a WWE partner and was the natural acquirer in our view. As we wrote last week, dark horse Endeavor is in the events / … Continue reading WWE To Endeavor
A WWE Deal Appears Close
It appears that a WWE transaction is around the corner. If I were a prospective buyer I would want to see what kind of numbers WWE does this weekend when it hosts its largest annual pay-per-view event -Wrestlemania - from Los Angeles. WWE shares sit at $89.32 as they have climbed from $84.08 on Friday … Continue reading A WWE Deal Appears Close
Disney’s Next Deal
Disney CEO Bob Iger's end game for the house of mouse does not necessarily have to be a sale to Apple (AAPL), Amazon (AMZN) or Google (GOOGL), nor does it have to be a merger of equals with someone such as Comcast (CMCSA, the leading candidate to acquire WWE). Batman to the rescue. An acquisition … Continue reading Disney’s Next Deal
WWE Is Comcast’s To Lose
I don't buy the idea that anyone other than Comcast (CMCSA) will acquire WWE (WWE). As I previously wrote, Comcast partners with WWE, knows the brand, features WWE content on its Peacock streaming service, did months of heavy lifting to port WWE Network content to it's Peacock platform and has built relationships with WWE executives. … Continue reading WWE Is Comcast’s To Lose
Comcast Is The Natural Acquirer of WWE
Former WWE Chairman, CEO and majority owner Vince McMahon plans to return as WWE Chairman to conduct a strategic review (i.e. a sale), of the company. Comcast (ticker: CMCSA) is the natural acquirer of WWE (ticker: WWE) given that the two firms already partner. WWE shares were up 11% in the aftermarket, which implies a … Continue reading Comcast Is The Natural Acquirer of WWE
Live Sports Remains The Traditional Content King
Live sports still captures the most eyeballs across traditional content categories (certain video game title releases capture more eyeballs). If Apple (AAPL), Amazon (AMZN), Disney (DIS), Google (GOOGL), WarnerBrosDiscovery (WBD), Fox (FOXA), Comcast (CMCSA), Netflix (NFLX) or another large media player was to announce a deal that it was acquiring a sports franchise, I generally … Continue reading Live Sports Remains The Traditional Content King
Federal Reserve Discloses Corporate Bond Purchases
Here is the full Excel workbook disclosure compiled by the Federal Reserve which lists the various issuers, sectors, cusips, coupons, maturity dates, par values, amortized costs and more for the fixed income securities the Federal Reserve has purchased. Among the securities purchased through June 16th, 48.1% were "AAA, AA and A" rated, 48.3% were "BBB" … Continue reading Federal Reserve Discloses Corporate Bond Purchases
AT&T Should Sell WarnerMedia
AT&T's acquisition of Time Warner seemed like a good idea at the time. That is no longer true. Tickers mentioned: AAPL, AMZN, CMCSA, DIS, GOOG, NFLX, T, VZ AT&T's $85 billion acquisition of Time Warner seemed like a good idea when it was first kicked around a few years ago. AT&T would differentiate its fiber … Continue reading AT&T Should Sell WarnerMedia
Technology News from the Week: June 25th 2018
Technology news items that caught our attention this week: Waymo to launch robo-taxis in Europe: Link Phoenix AZ as petri dish for autonomous driving: Link Kroger is launching a fully driverless delivery service: Link In the “Service, Maintenance, Repair” category: the US Army is using machine learning to predict when combat vehicles need repair: Link … Continue reading Technology News from the Week: June 25th 2018
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