Giuliano Benzin The streamers have been getting pummeled after a massive Covid run up. Now, growth is slowing and the market is saturated. There needs to be consolidation for a recovery to really take hold. Value In Streamers I have long been a follower of the workings of the entertainment industry. It started when I…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Disney shares tumbled 9.5 per cent on Tuesday even as it reported the first profit in its core streaming business since it leapt into a battle with Netflix five years ago. The Disney+ and Hulu…
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…
Giuliano Benzin Late Netflix, Inc. (NASDAQ:NFLX) investors have been stunned into submission this week as the stock fell nearly 15% from its recent highs, entering well into correction territory. As a result, NFLX failed to conquer its 2021 highs at the $700 level before sellers sent it tumbling following Netflix’s robust first-quarter earnings release. Netflix…
travelism/E+ via Getty Images Investment Thesis Vanguard Communication Services ETF (NYSEARCA:VOX) warrants a buy rating due to the strong potential for its top holdings to outperform the market overall. Technological advances for Meta Platforms, Inc. (META) and Alphabet Inc. (GOOG) (GOOGL), as well as expected growth for streaming services, will drive strong returns for VOX…
B4LLS/iStock via Getty Images Introduction I’ve written four articles on SA about Mega Matrix (NYSE:MPU), the latest of which was in November 2022 when I said that Mano was the only NFT game in its alSpace metaverse universe and all signs pointed to a severe lack of interest from players. The company recently pivoted to…
ymgerman Listen below or on the go on Apple Podcasts and Spotify The EU fines Apple $1.95B over App Store’s rules for music streamers. (0:16) Goldman rates Super Micro Neutral but the stock has already surged through its target. (4:02) Smaller Whole Foods Market Daily Shop stores to debut. (4:35) The following is an abridged…
Jeff Kravitz/FilmMagic, Inc via Getty Images Investment Thesis AMC Networks (NASDAQ:AMCX) has been facing secular headwinds as cable cord-cutting continues to pressure top-line growth. However, despite the continuing trend away from cable, AMC Networks continues to show strong free cash flow as they streamline operations and focus on niche quality content for select demographics. I…
HAYKIRDI Disney (NYSE:DIS) reported their earnings on February 7th after market close, with a notable reduction in their Direct-to-Consumer business. I presented my ‘Buy’ thesis in my previous article, indicating that their Direct-to-Consumer segment is on the path to generating real profitability. I am impressed by their $3 billion share buyback plan in FY24. Therefore,…
With the previous articles, we found the disconnect between paid-for work and paid-for time. We also understood that if you want to get paid you have to provide work that is valuable for others. So when the person consumes the benefit of your work, the exchange happens value for value – work for sats. But…
Funtay/iStock via Getty Images Just over six months ago, I wrote on Metalla Royalty & Streaming (NYSE:MTA), noting that there was zero reason to chase the stock at US$5.70 per share. This is because the stock was fully valued at over 1.0x P/NAV, timelines were looking like they’d be pushed on key projects, and we…
Although the monetary terms of the acquisition were not disclosed, this is not the first time Animoca Brands would be investing in Web 3.0 game companies. Popular gaming giant Animoca Brands has announced its acquisition of Web 3.0 streaming platform Azarus as part of its metaverse gaming revolution. Animoca would be seeking to leverage Azarus’…
rticknor Introduction On August 11, 2023, the Vancouver, British Columbia-based Canadian Metalla Royalty & Streaming Ltd. (NYSE:MTA) announced its operating and financial results for the second quarter of 2023. Also, on September 8, 2023, the company announced its merger with Nova Royalty Corp. (NOVR:CA) (OTCQB:NOVRF). Brett Heath, President and CEO of Metalla, stated: We are…
4kodiak/iStock Unreleased via Getty Images Amazon (NASDAQ:AMZN) has recently announced that it will launch limited ads for Prime Video in early 2024. Members looking for an ad-free option will have to pay an extra $2.99 per month. Most of the streaming players including Netflix (NFLX) and Disney (DIS) have also hiked their subscription plans. This…
greenbutterfly I had analyzed Confluent (NASDAQ:CFLT) in February, at $25, planning to buy on declines, around $20. My patience paid off as I managed to buy between $20 and $21. Here is a summary of the major reasons from my earlier article for buying the stock. The demand for real time, low latency data streams…
RHJ Source: Own Processing Precious metals royalty and streaming companies represent a very interesting sub-industry of the precious metals mining industry. They provide some leverage to the growing metals prices, similar to the typical mining companies; however, they are less risky in comparison to them. Their incomes are derived from royalty and streaming agreements. Under…