TikTok and artificial intelligence are on the rise. Cord-cutting is slashing linear TV profits. The advertising market has major question marks. Management teams across Hollywood, put on notice by Wall Street for streaming profitability, are hunting for more cost cuts and possible mergers and asset sales to optimize asset portfolios.

TikTok and AI are surging, cord-cutting is reducing linear TV profits, and the ad market is still being determined. Hollywood management teams seek cost cuts, mergers, and asset sales to optimise portfolios. Media and entertainment stocks face scepticism about achieving sustainable streaming profits. As industry CEOs head to Sun Valley, Paramount Global, Warner Bros. Discovery, Comcast, and AMC Networks struggle with declining stocks and investor concerns, highlighting the need for strategic adjustments and profitable streaming models.

There is more money available right now for investment into our Media & Entertainment industry than ever before. To fully understand what Professional Investors think of the Media & Entertainment industry, and what they want from it, we thought it best to ask them directly. Discover more about our 2024 Media Investor Survey in the latest issue of Inside the Media C-Suite. Be in the Know! Read the Media C-Suite. #media #entertainment #innovation #investment #management https://lnkd.in/ewxncXSj

To fully understand what Professional Investors think of the Media & Entertainment industry, and what they want from it, we thought it best to just ask them directly. To learn more about our 2024 Media Investor Survey, read the latest issue of Inside the Media C-Suite. #media #entertainment #innovation #investment #management https://lnkd.in/dRDy3Es9

📉 Media Giants Falling? Discover how Corus Entertainment went from big-time to bust. Learn why keeping up with industry changes is crucial for investors. Watch the latest episode of #MarketMinute with Matthew Kempton, MBA, CFA!

The World's Greatest Con... 😕 How do you lose $327 Million dollars? 🤑 In the first quarter, the Company recorded $311.0 million in non-cash expenses arising from the conversion of promissory notes, and the associated elimination of prior liabilities, immediately before the closing of TMTG’s merger with DWAC on March 25, 2024. These non-cash expenses resulted in a GAAP loss of $327.6 million for the first quarter. If you're long don't worry, they are starting a TV channel. 📺 At this early stage in the Company’s development, TMTG remains focused on long-term product development, rather than quarterly revenue. By adding features to Truth Social, launching live TV streaming, and building out its ecosystem, the Company aims to first develop a slate of best-in-class products that can then be leveraged to increase revenue and drive long-term value. TMTG earned $770,500 in revenue in the first quarter, largely from the Company’s nascent advertising initiative, which will continue to evolve as TMTG implements its vision. The stock is UP slightly premarket on the news. 📈 Nothing fishy there, right? 🐟 Full report. https://lnkd.in/esQERqXD #FinancialLoss #BusinessStrategy #TMTG #DWACMerger #QuarterlyResults #ProductDevelopment #TruthSocial #LiveStreaming #RevenueGrowth #LongTermValue

M&A I’ll be writing about next week… - CryptTV selling to Brat TV - A3 digital team selling to Gersh - Why uptick in 2024 deal volume Also, I got more capital mkts insights from my nyc meetings and exec meetup. I spoke to… - big media PE - media lenders - agency founders - MCN launchers - strategics in buy mode - podcast and social video buyers Takeaway is that there’s a lot of planned capital flows in the creator economy this year. There perception of more growth opportunities, but also increasing competition for revenue. Aka the rich will get richer. So capital allocators and founders want to make moves to be on the right side of these trends. I’ll keep working hard to keep you all updated on the market activity, and where it’s headed. And if there’s any deals I’ve missed or that you want me to cover, drop them into the comments below 👇🏼 …btw it’s good to be back in San Diego (was gone for a month!), but I am missing that jersey shore sunset with nyc in the background! #creatoreconomy #media #deals

One industry shapes global public opinion, entertains us and educates every person on Earth with an internet connection. Opportunity in this industry for creatives and investors alike are boundless. Are you in the Know? Read the Media C-Suite. #media #entertainment #innovation #investing #networking #management #Disney https://lnkd.in/dij_KzQP

The #1 shareholder in PARA has finally uncovered the shocking truth behind the lost Viacom bid for Myspace in 2005. An explosive revelation that sends shockwaves through GAMCO Gabelli, who coincidentally was also the #1 shareholder in Intermix - the predecessor of eUniverse founded by the conniving Brad Greenspan. As Chairman and CEO of eUniverse, Greenspan masterminded the creation of Myspace.com, only to sell it off to News Corp for a mere $12.00 per share. But what GAMCO never knew was that Bob Bakish, with Viacom's backing, had swooped in with a $13.50 counter bid just before News Corp's acquisition went through. The reason they were kept in the dark? Viacom made it a condition that Brad keep silent about their involvement in providing all the necessary funds for the counter bid, rebranding Intermix as Myspace.com, and allowing shareholders to roll over their shares into a pure play Myspace company. Had they known, those unsuspecting shareholders would have discovered that their company was actually worth a staggering $32 billion based on EBITDA and revenue growth rates. But this crucial information was deliberately concealed by Intermix management, as revealed in Federal Judge George King's ruling dismissing the defendant's motion for summary judgment. Amongst other heinous violations, it was exposed that Intermix purposely mixed its financials with a slower-growing division to paint a distorted picture and sway shareholders' decisions. Even Varney - the same attorney who worked against PARA's predecessor in 2005 - approved these deceitful tactics and malfeasances, including off-the-books payments of over $100 million to key managers that were conveniently left out of any documents until their discovery in 2010. And as if this wasn't enough, it was later revealed that News Corp had actually paid hundreds of millions more for the acquisition than originally disclosed in 2005. The sheer audacity and greed of those involved is truly sickening.

Nexstar Media Group's Buyback Announcement- 📢 Announcement: Nexstar Media Group, a leading media company, has announced an additional share repurchase program of $1.5 billion, demonstrating its commitment to returning value to shareholders. Previous Buybacks https://lnkd.in/gbxTupYB 🔄 Continued Strategy: This new buyback follows a series of previous repurchases, indicating Nexstar's ongoing strategy to use excess cash flow to buy back shares and enhance shareholder value. Financial Performance 📊 Strong Financials: The company has shown strong financial performance, allowing it to allocate significant resources to share repurchases. This move is expected to reduce the number of outstanding shares and increase earnings per share (EPS). Market Reaction 📈 Positive Market Reaction: The market generally views share buybacks positively as they often lead to an increase in stock price. Investors might see this announcement as a sign of confidence from Nexstar’s management in the company's future prospects. Strategic Initiatives 🗺️ Future Growth: Nexstar continues to focus on strategic initiatives, including acquisitions and expansions, to strengthen its market position and drive long-term growth. #Nexstar #ShareBuyback #StockRepurchase #FinancialStrategy #InvestorRelations #MarketNews #CorporateFinance #StockMarket #FinancialPerformance #ShareholderValue #MediaCompany #StrategicInitiatives #EarningsPerShare #MarketConfidence #BusinessGrowth