How Disney’s Recent Decision Could Impact Netflix
Netflix (NFLX) stock fell more than 4% in post-market trading on August 8, 2017. That came after Disney (DIS) said it will start its own streaming business in 2019.
Parsing the Starz-Lions Gate MAE Clause, Part 3
If the merger caused cable providers to drop Starz because they didn’t want to work with Lions Gate, it wouldn’t be a MAE (material adverse effect).
Parsing the Starz-Lions Gate MAE Clause, Part 2
According to the MAE (material adverse effect) clause of the Starz-Lions Gate deal, legislation that limits intellectual property protection wouldn’t be considered a MAE.
Parsing the Starz-Lions Gate MAE Clause, Part 1
In the merger deal between Lions Gate Entertainment (LGF) and Starz (STRZA), the MAE (material adverse effect) clause lays out the circumstances under which either party can back out of the transaction.
Why the Starz-Lions Gate Deal Isn’t Really ‘Arbitrageable’
In the risk arbitrage world, an 11.3% annualized return is about right given that the spread really isn’t “arbitrageable.”
Could the Starz-Lions Gate Deal Get Competitive?
John Malone and Lions Gate (LGF) already control 43% of the vote, so it would be almost impossible for a hostile buyer to get anywhere.
Analyzing the Conditions of the Starz-Lions Gate Merger?
Starz agreed to a non-solicitation agreement with a fiduciary out. During the pendency of the merger, it can shop itself or contact other potential buyers.
What’s the Rationale for the Starz-Lions Gate Merger?
Starz (STRZA) and Lions Gate are merging in a stock and cash transaction. This deal is about increasing content and distribution.
Starz and Lions Gate: The Latest in Media Consolidation
On June 30, Starz (STRZA) and Lions Gate (LGF) announced a merger. Before the deal closes, Lions Gate will split into voting shares and non-voting shares.
Energy Stocks Have Helped FMAGX Year-to-Date in 2016
As of May 27, 2016, the Fidelity Magellan Fund (FMAGX) had risen by 0.5% YTD (year-to-date) in 2016.
How Will Netflix’s Domestic Streaming Segment Do in Fiscal 1Q16?
Netflix (NFLX) expects its domestic streaming memberships to be about 46.5 million in fiscal 1Q16 with net additions of 1.8 million members.
Why Starz Finally Went Direct-to-Consumer with the Starz App
Starz’s new direct-to-consumer service will enable up to four users to stream simultaneously and will allow “virtually unlimited downloads.”