Discovery Communications shares tau nrov nrov rau hnub Friday, tom qab tus kws tshuaj ntsuam tau hloov kho cov khoom lag luam thiab tau tshaj tawm tus nqi hom phiaj 75% siab dua hnub Thursday tus nqi kaw hauv 30-nplooj ntawv tshaj tawm.
Discovery Tshuag (ticker: DISCA) dhia 17% nyob rau hnub Friday thaum sawv ntxov trading. Cov pop ntawd muaj nqis rau qee qhov $ 1 ib feem rau AT&T (T), uas kuj tau hloov kho mus rau qhov sib npaug ntawm Hold-los ntawm Muag-los ntawm Wells Fargo rau hnub Friday. AT&T Tshuag tau nce 3% thaum sawv ntxov hnub Friday. Discovery's voting shares (DISCK) kuj ntxiv 17%.
Reif Ehrlich tau hloov kho Discovery shares mus Yuav, los ntawm Nruab Nrab, thiab nqa nws lub hom phiaj rau $ 45, los ntawm $ 34 yav dhau los. Qhov ntawd piv nrog cov khoom lag luam $ 25.72 tus nqi kaw rau hnub Thursday, thiab theem ib ncig ntawm $ 30 tom qab hnub Friday sawv ntxov lub pob.
Lub Tsib Hlis tas los, AT&T tshaj tawm cov phiaj xwm los tig tawm thiab sib koom ua ke WarnerMedia nrog Discovery hauv kev sib pauv hu ua Reverse Morris Trust. AT&T cov tswv lag luam yuav muaj feem ntau ntawm cov tuam txhab tshaj tawm sib koom ua ke - hu ua Warner Bros. Discovery - thaum tam sim no Discovery CEO David Zaslav yuav coj lub koom haum. Lub tuam txhab US cable network yuav suav nrog Discovery Channel, Food Network, CNN, TNT, Cartoon Network, thiab ntau dua. Lwm yam khoom muaj xws li Warner Bros. film studio thiab Discovery's European networks. Tab sis nws lub neej yav tom ntej yuav tsom mus rau streaming: HBO Max thiab Discovery + yog qhov tam sim no muab rau ntawd.
Reif Ehrlich cia siab tias Warner Bros. Discovery yuav muaj cov ntsiab lus txaus thiab nyiaj txiag kom muaj kev sib tw hauv kev sib tw thoob ntiaj teb kev lag luam streaming.
"Nws tseem yuav pom tias muaj pes tsawg tus neeg siv kev pabcuam thaum kawg yuav tau sau npe thiab yuav ua li cas cov chaw muab kev pabcuam subscale yuav sib tw tawm tsam behemoths ... uas yog txhua yam kev siv cov ntsiab lus nrawm," xws li Netflix (NFLX), Dinsey (DIS),
Amazon.com
(AMZN), thiab
Kua
(AAPL), nws tau sau hauv tsab ntawv tshaj tawm rau hnub Friday. "Thaum kawg, qhov loj ntawm kev vam meej yuav raug kwv yees ntawm kev ua tiav ntawm cov koom haum ua ke thoob ntiaj teb ncaj qha rau cov neeg siv khoom, lossis DTC, lub tswv yim. Nws yog peb qhov kev pom WBD thaum kawg yuav ua ke rau ib qho kev pabcuam (vs. bundle) uas txhim kho qhov tob thiab dav ntawm cov ntsiab lus muab, txo cov churn, nce [lub neej tus nqi,] thiab txhim kho [mus-rau-kev ua lag luam] kev ua tau zoo. "
Kev sib koom ua ke kuj tau cog lus tias yuav tshem tawm cov nqi them rov qab, mus rau lub suab ntawm $ 3 nphom txhua xyoo, raws li kev tswj hwm thawj zaug kwv yees (piv rau cov nyiaj tau los ntawm kwv yees li $ 45 nphom hauv 2021). Reif Ehrlich pom lub hom phiaj ntawd yog kev saib xyuas, thiab muaj kev txhawb siab rau kev tswj hwm lub peev xwm los nyem nyiaj ntau dua. Discovery qhov tau txais ntawm Scripps, uas tau kaw rau xyoo 2018, tau tshaj qhov kev kwv yees thawj zaug.
Cov tub lag luam tseem tsis tau yuav qhov thesis tam sim no. AT&T Tshuag tau poob 16%, tom qab cov nyiaj faib, txij li hnub kev sib koom ua ke tau tshaj tawm, thiab Discovery Tshuag tau poob 28%. Qhov kev pom zoo tau teem sijhawm kaw ib nrab ntawm 2022.
Reif Ehrlich tus nqi tshiab lub hom phiaj rau Discovery Tshuag yog ua raws li cov txiaj ntsig ntawm cov khoom (SOTP) ntawm WBD lub lag luam streaming yav tom ntej thiab nws cov lag luam qub TV thiab yeeb yaj kiab. Nws cia siab tias muaj tag nrho ntawm 148 lab cov neeg siv streaming ntawm lub tuam txhab ua ke thaum kawg ntawm 2024, piv rau kwv yees li 97 lab hnub no.
Thaum hnub Thursday kaw, Discovery Tshuag tau ua lag luam tsawg dua yim lub sijhawm tswj hwm lub hom phiaj ntawm $ 14 nphom hauv 2023 cov nyiaj tau los ua haujlwm ua ntej depreciation thiab amortization, lossis Oibda, rau lub tuam txhab tom qab kev sib koom ua ke. Reif Ehrlich pom zoo rau DTC streaming lag luam ntawm 14 npaug ntawm nws qhov kwv yees ntawm 2030 Oibda, hais txog plaub zaug Oibda ntau rau cov lag luam qub txeeg qub teg. Qhov ntawd pheej yig heev, nws hais.
Tseem muaj kev sib koom ua ke dhau los thiab ua rau muaj kev pheej hmoo, tab sis qhov kev ntsuas no nthuav tawm qhov txaus nyiam txaus ntshai / khoom plig pauv tawm hnub no, raws li Reif Ehrlich. Nws qhov xwm txheej bull, uas suav nrog kev txuag nqi ntau dua thiab kev loj hlob sai ntawm cov neeg siv khoom, tau sib koom nce mus txog $ 57. Nws cov ntaub ntawv dais - qeeb DTC kev loj hlob, tsis muaj kev sib koom ua ke - ua rau lub hom phiaj ntawm $ 25, lossis txog qhov twg cov khoom lag luam tau ua lag luam rau hnub Thursday.
Sau rau Nicholas Jasinski ntawm [email tiv thaiv]
Discovery Tshuag Soars Tom qab tus kws tshuaj ntsuam kev txhim kho. Vim li cas Tshuag tuaj yeem ua ob npaug.
Ntawv loj
Tau qhov twg los: https://www.barrons.com/articles/discovery-stock-warnermedia-upgrade-51641577127?siteid=yhoof2&yptr=yahoo