This just popped up on my news feed - I filter anything with 'letter of intent'. Usually not a fan of stocks with OS of a billion+ common shares, but the buyback program looks great on paper.
"The revised future goal share structure is now 750,000,000 authorized and 500,000,000 outstanding...within the next three months." Wow.
I don't know anything about the costs of producing a television show, and more importantly, the return on investment. Anyone on this board have a ball park estimate of what kind of money this could bring? What about the US versions of Real Housewives and how much they bring in? Got some research to do.
I suspect the time between Letter-of-Intent and Revenue coming in will be 6+ months no?