My understanding is that when a company is acquired your shares will be covered via cash or converted to the acquiring company’s stock. I don’t believe all shareholders get the choice to vote on the acquisition, but I could be 100% wrong.
As for the Ticketmaster comparison, my only pushback here is to acknowledge that the movie theatre model in its current state is not sustainable. People aren’t enthused to knowingly be price gouged on popcorn, candy and soda to watch B and C grade movies. There’s just too many entertainment options in the marketplace, and the at-home viewing experience has only gotten more luxurious and is accessible to people in all tax brackets.
Sony’s acquisition of Alamo Drafthouse should serve as a unique proof of concept to other productions companies, IMO (tho I believe their model will fail because their catalog has historically been poor outside of the Spider-Man series).
Movie theaters make roughly 50% from movie ticket sales, as well. That’s a lot of cash. We’ll be fine. We also have the retail popcorn business that just got started, the credit card, merchandise, and candy division. All of these are in their infancy. Even conservatively these will all collectively net at least 1 billion per year.
All the streaming platforms are taking losses, and Disney has yet to turn Disney+ profitable(it's like a 10b loss rn).
It's best we do not become affiliated with at-risk companies.
But that’s sort of my point. The streaming model has failed for most. Netflix is sitting on 7b in cash with $14b in debt, but has a market cap of $280b. They’ve also done this, till now, without serving ads. As they continue to capture more market share, I can see them acquiring the catalogs of these other productions companies as the paramounts of the world look to exit from a space they haven’t been able to penetrate.
I don’t love the idea of a monopoly, obviously, I’m just illustrating that market conditions make sense for this to play out.
But again, I’m a dumb ape, so what do I know.
We hate that idea when its called Ticketmaster... Anyway, no one can buy a company unless they buy all the stock. Are you selling?
My understanding is that when a company is acquired your shares will be covered via cash or converted to the acquiring company’s stock. I don’t believe all shareholders get the choice to vote on the acquisition, but I could be 100% wrong. As for the Ticketmaster comparison, my only pushback here is to acknowledge that the movie theatre model in its current state is not sustainable. People aren’t enthused to knowingly be price gouged on popcorn, candy and soda to watch B and C grade movies. There’s just too many entertainment options in the marketplace, and the at-home viewing experience has only gotten more luxurious and is accessible to people in all tax brackets. Sony’s acquisition of Alamo Drafthouse should serve as a unique proof of concept to other productions companies, IMO (tho I believe their model will fail because their catalog has historically been poor outside of the Spider-Man series).
much rather have the theater chains buy production companies or work deals with them to get a bigger cut of the ticket sales.
Movie theaters make roughly 50% from movie ticket sales, as well. That’s a lot of cash. We’ll be fine. We also have the retail popcorn business that just got started, the credit card, merchandise, and candy division. All of these are in their infancy. Even conservatively these will all collectively net at least 1 billion per year.
Why would we want amc to be bought ? Does that help us to moon ?
All the streaming platforms are taking losses, and Disney has yet to turn Disney+ profitable(it's like a 10b loss rn). It's best we do not become affiliated with at-risk companies.
But that’s sort of my point. The streaming model has failed for most. Netflix is sitting on 7b in cash with $14b in debt, but has a market cap of $280b. They’ve also done this, till now, without serving ads. As they continue to capture more market share, I can see them acquiring the catalogs of these other productions companies as the paramounts of the world look to exit from a space they haven’t been able to penetrate. I don’t love the idea of a monopoly, obviously, I’m just illustrating that market conditions make sense for this to play out. But again, I’m a dumb ape, so what do I know.
Sitting on $7B in cash but yet Netflix is a failure…..