Shutthiphong Chandaeng Nexstar Media Overview In January 2021, while President Biden’s victory over Donald Trump was still fresh in the minds of investors, I initiated coverage on Nexstar Media Group, Inc. (NASDAQ:NXST) and revealed an interesting statistic regarding the performance of NXST. To my surprise, I found that Nexstar stock has performed substantially better in…
Cumulus Media Inc. (NASDAQ:CMLS) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Collin Jones – EVP, Strategy and Development, President of Westwood OneMary Berner – President and CEOFrank Lopez-Balboa – Executive Vice President and CFO Conference Call Participants Michael Kupinski – Noble Capital Markets Operator Welcome to the Cumulus Media…
Jacek_Sopotnicki Investment Thesis After falling 65% since April 2022, Warner Bros. Discovery’s (NASDAQ:WBD) valuation is at an all-time low. A forward FCF yield of ~25% and the huge potential of its streaming service Max provide us with a compelling entry point. Short introduction In April 2022 Discovery merged with WarnerMedia to create a new media…
nzphotonz Let’s try to take a look at Trump Media & Technology Group Corp (NASDAQ:DJT) stock out of the context of my (or your) opinion on the 45th. U.S. President. It’ll be difficult, but isolating DJT from its founder is key to understanding the growth prospects of the stock, which has generated a lot of…
avdyachenko A puzzling situation It’s unusual to see a company simultaneously enact a poison pill defense against a potential hostile takeover and embark on a debt restructuring. This makes Cumulus Media’s (NASDAQ:CMLS) situation particularly intriguing. The Context Cumulus Media reported 2023 results last February, 27, 2024. Q4 and FY 2023 results were basically in line…
T-Mobile US, Inc. (NASDAQ:TMUS) Deutsche Bank’s 32 Annual Media, Internet & Telecom Conference Call March 11, 2024 8:50 AM ET Company Participants Jon Freier – President, Consumer Group Conference Call Participants Bryan Kraft – Deutsche Bank Bryan Kraft Okay. All right. Hi, everyone. I’m Bryan Kraft. So I cover the media and telecom cable sectors…
Giuliano Benzin Investment Thesis: I take the view that Nexstar Media Group has the capacity for further upside on the basis of an anticipated rebound in Political Advertising revenue. In a previous article back in November 2023, I made the argument that Nexstar Media Group (NASDAQ:NXST) has the capacity for upside going forward, on the…
Intel Corporation (NASDAQ:INTC) Morgan Stanley Technology, Media & Telecom Conference March 6, 2024 1:15 PM ET Company Participants David Zinsner – Chief Financial Officer Conference Call Participants Joe Moore – Morgan Stanley Joe Moore Great, welcome back. I’m Joe Moore, Morgan Stanley Semiconductor Research. Very happy to have with us today the CFO of Intel,…
Paramount Global (NASDAQ:PARA) Morgan Stanley Technology, Media and Telecom Conference March 6, 2024 11:00 AM ET Company Participants Naveen Chopra – Executive VP & CFO Conference Call Participants Benjamin Swinburne – Morgan Stanley Benjamin Swinburne Good morning, everybody. I’m Ben Swinburne, Morgan Stanley’s media and entertainment analyst. A quick disclosure, please note that important disclosures,…
Palo Alto Networks, Inc. (NASDAQ:PANW) Morgan Stanley Technology, Media & Telecom Conference Call March 5, 2024 2:45 PM ET Company Participants Nikesh Arora – Chief Executive Officer and Chairman Conference Call Participants Hamza Fodderwala – Morgan Stanley Hamza Fodderwala Good morning, or almost good afternoon, everybody. I hope you’re doing well. My name is Hamza…
Intuit Inc. (NASDAQ:INTU) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 4:20 PM ET Company Participants Sandeep Aujla – Chief Financial Officer Conference Call Participants Keith Weiss – Morgan Stanley Keith Weiss Excellent. Thank you, everyone, for joining us this afternoon. My name is Keith Weiss. I run the U.S. software research practice…
Okta, Inc. (NASDAQ:OKTA) Morgan Stanley Technology, Media & Telecom Conference Call March 5, 2024 11:00 AM ET Company Participants Brett Tighe – Chief Financial Officer Conference Call Participants Hamza Fodderwala – Morgan Stanley Hamza Fodderwala Good morning, everybody. Welcome to Day 2 of the Morgan Stanley TMT Conference. I’m Hamza, the cybersecurity analyst here at…
ServiceNow, Inc. (NYSE:NOW) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 5:10 PM ET Company Participants Gina Mastantuono – CFO Conference Call Participants Keith Weiss – Morgan Stanley Keith Weiss Excellent. Thank you, everyone, for joining us this afternoon. I’m Keith Weiss. I run the US Software research franchise here at Morgan Stanley,…
AT&T Inc. (NYSE:T) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2024 1:15 PM ET Company Participants Jeff McElfresh – Chief Operating Officer Conference Call Participants Simon Flannery – Morgan Stanley Simon Flannery Alright. Good morning, everybody. Welcome to San Francisco. I’m Simon Flannery, I cover telecom services and communications infrastructure. It’s my…
Opendoor Technologies, Inc. (NASDAQ:OPEN) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 4:25 PM ET Company Participants Carrie Wheeler – Chief Executive Officer Conference Call Participants Matt Cost – Morgan Stanley Matt Cost Hello, everyone. Thank you so much for being here. My name is Matt Cost from Morgan Stanley U.S. Internet team….
Zoom Video Communications, Inc. (NASDAQ:ZM) Morgan Stanley Technology, Media & Telecom Conference March 4, 2024 2:55 PM ET Company Participants Kelly Steckelberg – Chief Financial Officer Conference Call Participants Meta Marshall – Morgan Stanley Meta Marshall So welcome, everybody. I’m Meta Marshall. I head up communications software here at Morgan Stanley. We’re delighted to have…
Believe_In_Me As I am writing, the first race of the 2024 F1 season, the Bahrain Grand Prix, is only days away (the race will be held on Saturday, March 2nd instead of the usual Sunday due to the start of the Islamic holy month of Ramadan on March 10th and the need to have no…
OUTFRONT Media Inc. (NYSE:OUT) Q4 2023 Results Conference Call February 21, 2024 4:30 PM ET Company Participants Stephan Bisson – Vice President, Investor Relations Jeremy Male – Chief Executive Officer Matthew Siegel – Chief Financial Officer Conference Call Participants Jason Bazinet – Citi Cameron McVeigh – Morgan Stanley Jim Goss – Barrington Research Richard Choe…
Reservoir Media, Inc. (NASDAQ:RSVR) Q3 2024 Earnings Call Transcript February 7, 2024 10:00 AM ET Company Participants Jackie Marcus – IR, Alpha IR Group Golnar Khosrowshahi – Founder and CEO Jim Heindlmeyer – CFO Conference Call Participants Richard Baldry – ROTH MKM Alex Fuhrman – Craig-Hallum Dan Day – B. Riley Securities Operator Good morning,…
beast01/iStock via Getty Images Thesis Summary Behind the scenes, literally, of many TV stations across America is one parent company that is often under-covered in analyst coverage, so to change gears from my usual financial or consumer products stocks today I’m “switching the channel” to cover Nexstar Media Group (NASDAQ:NXST). I rated the stock a…
Spencer Platt Chinese social media stock Weibo (NASDAQ:WB) has underperformed even its PRC peers this week on the back of a Bank of America Securities downgrade, dipping below $9 per share, which represents not only the 52-week low, but a low for the entire trading history of the stock. With a strong record of profitability,…
The value proposition of RepubliK goes beyond mere token transfer as users can experience a full-blown social media content-sharing ecosystem that rivals what is on offer on Instagram and TikTok among others. SocialFi startup RepubliK has entered into a strategic partnership with The Open Network (TON) in a bold attempt to bring the dissimilar worlds…
Loop Media, Inc. (NYSE:LPTV) Q4 2023 Earnings Conference Call December 12, 2023 5:00 PM ET Company Participants Jon Niermann – Chief Executive Officer Neil Watanabe – Chief Financial Officer Conference Call Participants Darren Aftahi – ROTH MKM Eric Wolfe – B. Riley Securities David Marsh – Singular Research Operator Good afternoon, everyone, and thank you…
Natee127 My previous article on Cumulus (NASDAQ:CMLS) focused on its radio assets and balance sheet. At the market price of $5.00/share at the time of this writing, I still contend CMLS is undervalued on the argument of its balance sheet and underlying assets alone; however, there is an actual business that operates those assets and…
The ranking provides a measure of the credibility and perceived influence of these personalities in the eyes of the crypto community. CoinLedger’s recent compilation of the ten most popular crypto entrepreneurs of 2023 showcases a mix of highly influential and controversial figures, with Binance CEO Changpeng ‘CZ’ Zhao securing the top spot. Binance CEO Changpeng…
According to Musk, X Corp will sue Media Matters and several others for a fake plot to paint the social media company as problematic. X (formerly Twitter) owner and Chairman Elon Musk has threatened to file a lawsuit against major advertisers and Media Matters for America (MMfA) for pausing ads on X and allegedly misrepresenting…
Foresight Ventures sees the acquisition as an opportunity to establish a significant foothold in the US and contribute to The Block’s growth amidst challenges in the crypto media industry. Singapore-based Foresight Ventures has completed the acquisition of a majority stake in The Block, a prominent crypto news and data provider. The deal, which valued the…
Racing Fans Attending An F1 Grand Prix justhavealook/iStock Unreleased via Getty Images Earlier this year, I wrote about the limits of growth for Formula One Group (NASDAQ:FWONA;OTCQB:FWONB;NASDAQ:FWONK). There have been developments since which compel me to revisit my thesis. Below, I will discuss recent developments and how they impact the investment case in my opinion….
Gearstd/iStock via Getty Images With streaming having disrupted traditional media distribution channels, most of the market’s focus is centered around the players involved in the streaming wars and their path to growth in profitability. However, I believe not enough attention is being paid to the secular tailwinds that will propel theatrical media releases through the…
TORXF Five-Year Outlook (Torex Gold Presentation) bodnarchuk Introduction The Toronto-based Torex Gold Resources Inc. (OTCPK:TORXF) owns the Morelos Gold property in Southern Mexico, comprising its El Limon Guajes mining complex – ELG for short – and the Media Luna deposit, where it holds 100% interest. It is called the Morelos Complex. On October 11, 2023,…
Taylor Swift Advertising For Blank Space dies-irae On our first venture into looking at OUTFRONT Media Inc. (NYSE:OUT), we ironically decided to stay out. While there was the appeal of diversification, (OUT does have a very unique business model) and the chance to participate in advertising recovery, we were not convinced. The 7.87% dividend yield…
MTStock Studio/E+ via Getty Images Townsquare Media (NYSE:TSQ) is a US-based broadcast radio operator that prioritizes smaller market stations. The company has been going through a multi-year transformation from a business mainly focused on broadcast radio brands to more of an all-encompassing media enterprise. Through three distinct business segments, Townsquare derives revenue from programmatic advertising,…
Threads has lost nearly all of its initial momentum as the app is now struggling to attract new users and keep existing ones on the platform. Threads, the Twitter rival launched by Meta Platforms Inc, is going through its fair share of struggles as new users are no longer joining the platform. According to a Tuesday…
Journalism has been getting an ill rep. A survey held by the communications firm Edelmann has found that trust in the media in the UK was at 35% and 37% in 2021 and 2022, while trust in the media in the US was only a few basis points ahead, with 39% and 43%, respectively. The…
Warner Bros. Discovery, Inc. (NASDAQ:WBD) Bank of America Securities 2023 Media, Communications & Entertainment Conference September 14, 2023 8:50 AM ET Company Participants Gunnar Wiedenfels – Chief Financial Officer Conference Call Participants Jessica Reif Ehrlich – Bank of America Securities Jessica Reif Ehrlich Welcome to day two. We are thrilled to have Gunnar Wiedenfels here…
Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Q2 2023 Results Conference Call August 31, 2023 1:30 AM ET Company Participants Zou Jixin – Baosteel Board Director Wu Xiaodi – Baosteel Board Director, General Manager Xie Rong – Baosteel Inc. Board Director Fu Jianguo – Baosteel Vice General Manager Wang Juan – Vice GM of Baosteel and…
Vertigo3d Netflix (NFLX) and PCCW Media Ltd. (OTCPK:PCCWY)-owned Viu announced in 2022 their slate of Thai originals for 2023, boosting local content to drive audience engagement. Thai media conglomerate BEC World Public Co. Ltd. (OTCPK:BECVY), media producer The ONE Enterprise PCL and content distributor and producer JKN Global Group PCL, meanwhile, are pushing for growth…
ProSiebenSat.1 Media SE (OTCPK:PBSFF) Q2 2023 Earnings Conference Call August 3, 2023 4:00 AM ET Company Participants Dirk Voigtlander – Head-Investor Relations and Senior Vice President Bert Habets – Group Chief Executive Officer Martin Mildner – Group Chief Financial Officer Conference Call Participants Thomas Singlehurst – Citi Conor O’Shea – Kepler Annick Maas – Societe…
OUTFRONT Media Inc. (NYSE:OUT) Q2 2023 Results Conference Call August 3, 2023 4:30 PM ET Company Participants Stephan Bisson – Vice President of Investor Relations Jeremy Male – Chairman and Chief Executive Officer Matthew Siegel – Executive Vice President and Chief Financial Officer Conference Call Participants Ben Swinburne – Morgan Stanley Richard Choe – JPMorgan…
dianaarturovna/iStock via Getty Images The following segment was excerpted from this fund letter. Expert Market Exposure Our exposure to stocks trading in the expert market increased significantly in the quarter, due to purchases noted above in PD-Rx and First IC, and due to the purchase of Propel Media (OTC:PROM) profiled below. Expert market stocks are…