GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
- Start date
Hulu boasts around 48 million subscribers and hosts top-rated shows including "Only Murders in the Building," "The Handmaids Tale," and "The Dropout." Hulu's subscribers grew by 2% in Disney's latest quarter.
At the time of the original arrangement between Comcast and Disney, Iger maintained the purchase would allow Disney the opportunity to offer an alternative, more mature viewing experience to consumers, in addition to providing more flexibility with bundling.
Flash forward to today and streaming economics are vastly different as investors focus on profitability amid increased competition.
Disney's direct-to-consumer division reported a $1.1 billion loss in its fiscal first quarter — an improvement compared to the $1.5 billion loss seen in Q4, but still a significant drag on profits.
Disney currently owns two-thirds of Hulu with Comcast’s Universal (CMCSA) controlling the rest.
Under the terms of the joint ownership agreement, Comcast could require Disney to buy out its stake in Hulu as early as January 2024 at a guaranteed minimum equity value of $27.5 billion (or about $9.2 billion for the 33% stake.)
Bazinet estimated Hulu's price tag could be valued anywhere from $19.8 billion to $27.5 billion.
"Based on Hulu’s level of profitability, the sale price and Disney’s use of proceeds, we see a wide range of outcomes from ~$3 downside to ~$13 of upside per Disney share," the analyst said, adding: "For Comcast, we see a balanced risk-reward of $2-3 per share in each direction, while the strategic and financial merits supports a positive move for the equity, in our view."
Ok First blush it was probably a mistake to sellout of Comcast.
$3 downside<--------> $13 upside is pretty good risk reward.
Could Disney be getting Hulk and Namor
"We believe Disney may sell its 67% stake in Hulu," Citi analyst Jason Bazinet wrote in a new note to clients on Wednesday. "In parallel, we suspect Disney may secure the distribution rights to two Marvel characters held by Comcast (Hulk and Namor)."
Although Disney owns all of the Marvel intellectual property, Comcast's Universal (CMCSA) maintains the distribution rights to those two characters; consequently, the studio would be able to distribute any Hulk or Namor-centric films to its various NBCU media platforms, like Peacock.
At the time of the original arrangement between Comcast and Disney, Iger maintained the purchase would allow Disney the opportunity to offer an alternative, more mature viewing experience to consumers, in addition to providing more flexibility with bundling.
Flash forward to today and streaming economics are vastly different as investors focus on profitability amid increased competition.
Disney's direct-to-consumer division reported a $1.1 billion loss in its fiscal first quarter — an improvement compared to the $1.5 billion loss seen in Q4, but still a significant drag on profits.
Disney currently owns two-thirds of Hulu with Comcast’s Universal (CMCSA) controlling the rest.
Under the terms of the joint ownership agreement, Comcast could require Disney to buy out its stake in Hulu as early as January 2024 at a guaranteed minimum equity value of $27.5 billion (or about $9.2 billion for the 33% stake.)
Bazinet estimated Hulu's price tag could be valued anywhere from $19.8 billion to $27.5 billion.
"Based on Hulu’s level of profitability, the sale price and Disney’s use of proceeds, we see a wide range of outcomes from ~$3 downside to ~$13 of upside per Disney share," the analyst said, adding: "For Comcast, we see a balanced risk-reward of $2-3 per share in each direction, while the strategic and financial merits supports a positive move for the equity, in our view."
Ok First blush it was probably a mistake to sellout of Comcast.
$3 downside<--------> $13 upside is pretty good risk reward.
Could Disney be getting Hulk and Namor
"We believe Disney may sell its 67% stake in Hulu," Citi analyst Jason Bazinet wrote in a new note to clients on Wednesday. "In parallel, we suspect Disney may secure the distribution rights to two Marvel characters held by Comcast (Hulk and Namor)."
Although Disney owns all of the Marvel intellectual property, Comcast's Universal (CMCSA) maintains the distribution rights to those two characters; consequently, the studio would be able to distribute any Hulk or Namor-centric films to its various NBCU media platforms, like Peacock.
These two stocks suck
BTI is down, and Flowserve hasn't moved in a year.
I thought it would move with oil.
If it drops below $33 again, I'm dumping this stock Stoney
For now... VZ upgrade on FLS
Stop at 33.30
Did you watch "The Punisher"? It was a 2 season series by Marvel. It was pretty good. He's a bad ass.
Shres of rare earth metals miner MP Materials (NYSE: MP) soared after reporting strong earnings last week -- better-than-expected revenues, and profits more than twice the level Wall Street had predicted -- gaining more than 14% over the next two trading days. In early trading Thursday morning, MP Materials is taking a big hit, and indeed is giving back all its post-earnings gains -- down 13.3% through 11:15 a.m. ET -- "thanks" to a revelation made by electric vehicle maker Tesla (NASDAQ: TSLA) last night. In the course of a generally underwhelming investor day, in which Elon Musk failed to announce (as expected) the unveiling of a new budget-priced Model 2 electric car, the electric impresario did have something to announce of importance to rare earth investors: Tesla has invented a permanent magnet motor for electric cars that "does not use any rare earth metals," reports StreetInsider.com.
These two stocks suck
BTI is down, and Flowserve hasn't moved in a year.
I thought it would move with oil.
If it drops below $33 again, I'm dumping this stock Stoney
For now... VZ upgrade on FLS
Stop at 33.30
I've been monitoring Floserve as well Van for a cash raise. I decided to let go two winners instead. In retrospect I'm re thinking that move. This is how you wind up with no winners in your account.
I let PSTG drive me into a no hold state where I frantically culled stocks that were up. It's just not smart.
Should I be worried that BJ has not reported?
Yikes. All I see is COSTCO stuff and every single time I see a blurb about Costco I think it's a BJ release.
Yikes. All I see is COSTCO stuff and every single time I see a blurb about Costco I think it's a BJ release.
Flowserve Corporation FLS is gaining from strength across its oil & gas, chemical, power, general Industries and water end markets. Core market growth and Diversify, Decarbonize and Digitize (3D) strategy are driving the company’s bookings. Also, its realignment activities are helping it capture more margin enhancement opportunities with efficient cost management and higher productivity. For 2023, the company expects bookings of $2.7 billion driven by supportive end markets. Revenues are anticipated to increase in the range of 9-11% from the prior-year reported figure.
In February 2023, Flowserve inked a deal to acquire Velan Inc. in an all-cash transaction valued at approximately $245 million. The buyout will strengthen FLS’ valves portfolio and build upon its existing assets through the addition of Velan’s premier brands, strong heritage and technical expertise in diverse end markets. Velan will become part of Flowserve’s Flow Control Division (FCD) segment. The deal is expected to be completed by the end of the second quarter of 2023.
Flowserve utilizes its cash flow to reward its shareholders by distributing dividends. The company paid out dividends worth $104.5 million to its shareholders in 2022.
However, FLS has been witnessing supply-chain challenges and logistics problems. Flowserve’s cost of sales increased 5.1% and selling, general and administrative expenses rose 2.3%, year over year in 2022. A potential recessionary environment is expected to weaken its GDP-driven markets, including chemicals and general industries.
Foreign exchange is an added headwind for FLS, given its widespread presence in the international markets. A stronger U.S. dollar might dampen the company's overseas business results in the quarters ahead.
In February 2023, Flowserve inked a deal to acquire Velan Inc. in an all-cash transaction valued at approximately $245 million. The buyout will strengthen FLS’ valves portfolio and build upon its existing assets through the addition of Velan’s premier brands, strong heritage and technical expertise in diverse end markets. Velan will become part of Flowserve’s Flow Control Division (FCD) segment. The deal is expected to be completed by the end of the second quarter of 2023.
Flowserve utilizes its cash flow to reward its shareholders by distributing dividends. The company paid out dividends worth $104.5 million to its shareholders in 2022.
However, FLS has been witnessing supply-chain challenges and logistics problems. Flowserve’s cost of sales increased 5.1% and selling, general and administrative expenses rose 2.3%, year over year in 2022. A potential recessionary environment is expected to weaken its GDP-driven markets, including chemicals and general industries.
Foreign exchange is an added headwind for FLS, given its widespread presence in the international markets. A stronger U.S. dollar might dampen the company's overseas business results in the quarters ahead.
Did you post any pics of the massive snow covered areas? You all ok in Tahoe?
Dummies in SoCal mountains are blaming Biden and Gavin for being trapped and not having supplies.