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Saturday, January 02, 2016 9:49:13 AM
I invest in some stocks mostly because of the CEO and other stocks mostly due to the product. This one I'm in for both reasons. Mainstream TV is absolutely changing due to the internrt and streaming. All you need now is an internet connection. You don't need a subscription TV channel service. Companies like Netflix and Amazon have seen to that. This is the direction Tom is going in. It's the future of home entertainment. It would be like investing in NBC or CBS back in the 1950's. And...Tom's got over 25 years in the industry so he's got some good forward thinking ideas for new channels. Yeah, he's got The Alien Interview channel, which has a small cult following and probably won't go very far, but that was inheirited with the merger earlier in the year. He's focused really on his own new ideas.
The fantasy sports is just a means to an end revenue wise and is controlled by another company so I wouldn't expect too much to come from that in the way of expansion.
Just my two centavos...
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