Hints and tips:
...In today’s newsletter: Unpacking Murdoch’s merger KKR bets on the yen The hurdles to Rupert Murdoch’s final act Has Rupert Murdoch seen Succession?...
...This month Paramount Global (formerly trading as Viacom) launches its Paramount Plus service in the UK. It is up against Amazon Prime Video, Disney+, Sky/Now TV, Netflix, Apple TV and more....
...This is possible, though the stocks they picked (did you look at Viacom’s financials last year?) make me a little sceptical....
...Archegos wanted to take large secretive positions in media firm Viacom via the use of derivatives called total return swaps....
...In this case, Viacom, one of the underlying stocks that Archegos had bet on, fell sharply upon announcement of a $3bn stock sale and analyst downgrades....
...That fall inflicted big losses on the portfolio of the Archegos family office, which was heavily exposed to Viacom....
...Their mother is just as bad, spending the reception before her daughter’s wedding asking guests to bet how long the marriage will last....
...Those included taking outsized positions in stocks such as Chinese technology company Baidu and US media giant Viacom....
...Goldman Sachs and Morgan Stanley — two Wall Street powerhouses — were dumping multibillion-dollar gobs of stock in companies like Viacom and Discovery, the media companies....
...The streaming service Quibi is shutting down only six months after launching, according to people familiar with the matter, bringing an end to Jeffrey Katzenberg’s $1.8bn bet on short-form video....
..., Nickelodeon, Comedy Central and BET....
...But an FT analysis from 2015 to 2019 shows Spacs are still a dicey bet....
...(FT) Earnings diary Liberty Media and Viacom CBS report on Thursday, with the focus on advertising revenues....
...(FT) Koch’s tech bet Historically, the Koch dynasty’s investments were in industrial assets. But times change, and the Kochs do too....
...It’s a big bet.”...
...For smaller companies such as Viacom and CBS, this is an easier decision....
...(FT) A second wave of media M&A is coming When billionaire Sumner Redstone decided to split Viacom and CBS in 2006, Netflix was a DVD-by-mail business....
...A secretive half-brother runs the company’s side bets and safeguards the clan’s fortune through the family office, Mousse Partners....
...(FT) Argentina bet fails Star fund manager Michael Hasenstab, one of the fixed income market’s biggest investors, lost nearly $1.8bn in a single day during the stampede out of Argentine assets, according...
...Many investors are nervously eyeing the likes of General Electric, Ford, Altria and Viacom....
...(BuzzFeed) News round-up Apollo to buy RPC packaging group in £3.3bn deal (FT) Arconic buyout scuppered by dispute over pension liabilities (FT) Viacom to buy Pluto TV in US video streaming deal (FT)...
...This is in part because of some bad choices by Viacom — a lousy deal with Netflix, for one — and partly because CBS made some good bets on sport and successfully forced cable distributors to pay for the...
...(Bloomberg) News Roundup Viacom rejects CBS’s below-market takeover (FT) Hyundai under pressure from activist investor Elliott (FT) Meituan-Dianping buys top bike-sharing company Mobike(FT) La Colombe...
...Cupertino’s most famous corporate citizen has not always been one to bet on America, given its happy dependence on Asian suppliers. No more of that, it seems....
...Whitman believes companies that are willing to bet big can succeed....
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