It has assets like ESPN, Hulu and others, that shorn from the parent, will make DIS an organic media/entertainment whole with sharply reduced debt and perhaps a new management vision, to beguile investors again. It’s the same problem Disney faces ( DIS). It’s a good strategy for WBD, given its panoply of businesses that really don’t cohere into a vision of a clearly understood future company by investors. WBD CEO Zaslav, seeing no elegant solution to the heritage woes, has taken the only sensible road: Cut costs, put the goods on sale and trim the company to a profitable, smaller competitive bundle of selected assets the street will love. That massive blunder who’s offspring is the jerry-built Warner Brothers/Discovery( WBD) entry, debuting since early 2022 is still in the process of finding its sea legs. The ugly memories of ATT’s ( T) venture into the wild and wooly precincts of show business are still vivid in the minds of many on the street. The ATT debacle is a word to the wise-but not a true model But among many potential buyers of Shari’s store, Apple, it would seem, has the most to gain and the least to lose. Whether this is accurate or not we do not know. We cite an Apple buys Para scenario with the stipulation that thus far, in theory, AAPL might well have entered casual conversations among its honchos in Cupertino. Any acquirer would unquestionably buy it all with the idea of then spinning off or selling various businesses that did not match the core strategy of its acquisition.Ībove: The studio offers a solid library, plus more recently tested age-proof IP and a good track record on making periodic hits. Clearly, amid all the gems on the Paramount jewelry counter, there is no shortage of zircons. What has not been explored amid all the chatter is the prospect that a potential buyer might be interested in the entire company, given the fact that the shares have drifted into a real interesting trading range. Otherwise, it’s a foot slog ahead for years to put the house in order, as it is for Para’s media competitors. It’s the one road the company can take to relieve financial pressure in reasonable time that doesn’t materially destroy the business. It begins to look like some kind of deal could loom in the crosshairs for Para units or the entire company. What they all have in common is a recognition of the widening gulf between what the company could be worth and the trading range of the stock. Simon & Schuster talks are in motion and, most recently, long lingering eyeballing from NFLX on the Warner film studio division. Data by YChartsĪbove: The dip is reaching a screaming buy level for the right acquirer.īET, presumably, is in process, but reportedly encountering price resistance by a possible buyer. And the mill seems to be churning full time on this PARA business or that one. The persistence of rumors are usually more telling than any single report or assumption by Wall Street. Whether any of these possibilities materialize or not, ranges from the obvious to the realm of mission impossible. The sense of the market is that the buzz on possible transactions focuses on two prospects: One, PARA opening its “store” and putting its goods on sale BET TV, Simon & Schuster, and most recently, Netflix ( NFLX ) sniffing around the edges of the Para legacy film studio. However, Apple sometimes raises prices compared to last year's models when introducing new iPhones and other devices in the fall.The faint crunch of wagon wheels encircling Paramount Global ( NASDAQ: PARA) is getting louder by the week. For example, last year, Apple raised prices at its online Apple store in Turkey as the lira fell in value and inflation in the country hit a two-decade high. On Thursday, Cook said that "we're doing okay on the leading edge stuff," referring to supply of the processors that TSMC manufactures.Īpple doesn't often raise prices after products are released, although it sometimes does so in response to regional economic conditions. In September, Nikkei Asia reported that chip prices were rising at TSMC, Apple's chip manufacturer, and that technology companies could decide to pass the increases to customers. Cook didn't rule out the possibility of price increases in his interview with CNBC nor on Apple's earnings call.Ĭook also said he expects supply chain constraints, which are contributing to inflation, to ease for Apple in the coming months. Inflation hasn't hurt Apple's business, which reported rising gross margins in the December quarter, and Apple hasn't raised prices in response to inflation in the United States. "I would hope that at least a portion of that is transitory, but the world has changed and we'll see," Cook said. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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