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Monday, April 24, 2017 11:26:16 PM
Many people have a clear understanding of what the company is trying to do, but I believe many are missing the forest because of all the trees in their way. Think bigger than espn.
When I was growing up in the 80s, a lot of kids liked sport, but almost all kids loved video games. Bigger potential audience for media than espn.
ESPN has only a handful of sports they cover in depth. If there was money in covering more pool, bowling, or even knitting, they would cover it. For AMLH, there are tons of games that people are religiously playing and following. Amlh has the opportunity to cover a significantly higher number of events then espn.
ESPN has global coverage, but it is very regionally specific which adds cost to the business model. As long as there are multiple languages being broadcast, esports will have global reach for each event and significantly higher revenue generating potential.
Imagine the marketing revenue being generated by the Super Bowl. That happens once a year and makes a fortune for many businesses across many industries. The Super Bowl is watched globally, but buy only a small fraction of the global population. Picture the day when LOL final is as popular across the globe as the Super Bowl is in America. I can see 10s of billions being poured into such an event. Then consider that LOL is but one of many games that are exploding. It is feasible to have an event that is bigger than the Super Bowl on a monthly basis.
AMLH is positioning itself directly in the middle of all of this. If done correctly, I don't know how high this could go. It will all depend on our CEO and his ability to run the business and create the partnerships that are needed. He is young, inexperienced and cocky. When he makes mistakes, and there will be mistakes, I hope he does not let his ego get in the way.
The reasons above are why I am WAY long on this one. I am currently red but I am not selling one damn share. I have put my trust in our CEO and I am not going anywhere for a long time.
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