No but go back and read what user wrote about Pandora. If Sirius XM's model works so well, buy Pandora and monetize those users/listeners/free loaders.
I agree with the profit comment though...
Originally Posted by MUSCLE13
Spend billions for a company that has no cash flow? Smart
I dunno... I guess when you put it that way, it's not smart. User made some good points earlier about it earlier. I won't go back and copy and paste it. I just thought maybe they could buy Pandora and convert the listeners into paying customers. I don't know.
Spend billions for a company that has no cash flow? Smart
Live Nation Conference Call Information
https://event.on24.com/eventRegistra...epage=register
Thanks for the reminder MadEra....
I think DIS at the current price and trading at 24x earnings is certainly not cheap...I'd call it fairly valued. Concerns about continued growth in the subscriber base and high fixed costs at ESPN are valid. However, I do see expectations of a huge christmas hit in Star Wars driving the stock up toward the end of the year. In the meantime, Ant Man which cost around $130 million to make, has done surprisingly well and has grossed almost $330 million worldwide. $200 million profit is nothing to sneeze at and it's not done yet. Fantastic Four has not faired nearly as well with only $26 million at the box office the first weekend, but it was up against MI5 ( or is it MI6 - I can't keep track) and will probably at least earn back it's $120 million production cost when all is said and done. As I said to Muscle I wouldn't be surprised to see $120/share by Christmas.
Last edited by user34615145; 08-10-2015 at 09:22 PM.
On the face of it, it's not as crazy an idea as it might seem at first blush. Just because they don't have any positive cash flow is no reason to pass on any deal. FB, AAPL, GOOG, and many others have purchased start up competitors with no cash flow, no profits, and little actual revenue in order to, if nothing else, eliminate competition, enhance their technology, and add to their own customer base. Add to that the fact that Pandora has a HUGE customer base and great brand recognition. However, I don't think buying Pandora is a viable option now...perhaps when they were a fledgling, but not now - way too expensive and even if they did buy them, the problem of monetizing the client base remains. As far as implementing SiriusXM's model, if Pandora could successfully implement a paying subscriber model and not lose 90% of their base, I think they would have done it by now.
Pandora is a victim of their own success. They marketed themselves as a "free music service". Once you are "Free", how do you monetize?
Last edited by user34615145; 08-10-2015 at 09:14 PM.
I have really had it with all the garbage posted. It's like reading one big TYPO. You guys don't follow the industry at all and you have proven it to me today. Fantastic Four is a Fox movie not a Disney movie!!! And movies have to earn twice their production costs in the box office because theaters take their share and you aren't counting promotion costs........Go buy sat dishes and make believe they are frisbees. Unbelievable what I read here.......
Last edited by MUSCLE13; 08-10-2015 at 09:46 PM.
Hmmm. Just assumed Fantastic Four was Disney because it's Marvel. As far as profitability, so are you saying that Ant Man is just a little more than B/E at $330 million in box office reciepts? That can't be good.
Last edited by user34615145; 08-10-2015 at 10:07 PM.
Disney owns Marvel but Fox owns the movie rights to the movie, so yes, you are correct, Disney will not make any money off this film. Maybe that is why user is confused but who cares? I told you earlier that I don't own cable stocks. User can speak for himself. You don't know very much about AT&T/telcos or the connected car but I don't get mad.HAHAHA
Relax tiger...
Last edited by midas360; 08-10-2015 at 10:09 PM.
Reply With Quote