Subscriber Losses Mean Less Bald White Former NFL QBs at ESPN
ESPN made news today with the announcement that it will “layoff” 100 staff members. I’ve personally been of the opinion that ESPN has been bloated with on-air talent for a while. How many white bald former NFL QBs do you need on one show? Especially when you can’t tell them apart? It was easy to […]
Continue readingESPN Spin-Off Would Increase Disney’s Value
Samantha Greenberg of the newly launched Margate Capital laid out why she is long Disney (DIS) at the recent Robinhood Investor Conference. Investors are concerned about whether ESPN can compete with live streaming packages, and what that means for Disney. Those fears are misplaced, in Greenberg’s view. ESPN is about 25% of Disney’s EBITDA, so […]
Continue readingRich Greenfield on Bloomberg Highlighting Disney’s ESPN Risks
In the “Pre-Mortem” section in our dividend letter focused on The Walt Disney Company (DIS) we solely discussed ESPN. How cord-cutting and rising costs are detrimental to ESPN’s and Disney’s profitability in the short-run. The best coverage and also the most vocal on these issues has come from Rich Greenfield of BTIG Research. He appeared […]
Continue readingJohn Malone on Splitting Up Disney & Spinning Off ESPN
John Malone appeared on CNBC and gave his thoughts about Apple buying Disney (DIS) and then spinning off ESPN. Most likely a cable company, a “distributor”, would then buy ESPN. It’s John just thinking out loud because as he said, “it’s fun to speculate”.
Continue readingAMM Dividend Letter Issue 25: 2016 Prediction & Year-End Review
This is from the AMM Dividend Letter released January 7, 2016. If you want to see the latest “Dividend Stock in Focus” as soon as it’s released then join our mailing list here. Predictions. We humans love listening to, making, and trusting predictions. Since it’s the start of a new year we’re going to be […]
Continue readingWhat I Wish I Wrote ~ Jan. 1, 2016
And your winners of The 2015 Financial Market Awards. (A Wealth of Common Sense) What I learned in 2015… (The Reformed Broker) Welcome to 2016! You’re in the future and guess what? You’re old! A series of timed base facts to prove it. (Wait But Why) Has the financial crisis now made bank dividends the […]
Continue readingDisney and Cord Cutting: Known-Unknowns
As much as I like to post and read things confirming my opinion on an investment, it is actually the information that contradicts me that I like and that helps the most. One of the things I’ve learned from Philip Tetlock’s Superforecasting is you have to constantly update your information models and change your forecasts […]
Continue readingIs The Lego Group on Bob Iger & Disney’s Shopping List?
Since becoming CEO of Disney Bob Iger has made a handful of carefully selective and valuing enhancing purchases: Pixar, Marvel, Lucas Film. Mr. Iger and Disney are not done with their acquisitions. According to The Economist, Mr. Iger keeps a shopping list of companies he would like to buy. Could The Lego Group be one […]
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