#152: The Discovery Communications $DISCA $DISCK / WarnerMedia $T Merger

New Podcast

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Summary

Today I'm discussing the merger between Discovery Communications
& WarnerMedia. I believe this situation provides an
asymmetric risk profile. In the episode I outline the situation,
valuation, and how I'm thinking about the investment
opportunity. 
Show Notes

[1:55] Overview


[2:11] Market doesn't like the deal


[3:01] Makeup of the deal


[3:53] Will be spending more on content than Netflix


[4:34] Why is the stock down?


[8:15] John Malone


[9:18] Intrinsic value of Discovery Communications
Resources

John Malone Interview on CNBC

My Book on Amazon

About Eric Schleien

Eric Schleien is the Founder/CEO of Granite State Capital
Management, LLC. In addition to being a value investor, over the
past decade, Eric has trained thousands of individuals, including
board members of public companies as well as several Fortune 500
CEOs. Eric specializes in organizational culture and has become a
leading authority on organizational culture in the investment
industry.


Eric has been investing for 15 years and has been using
breakthrough coaching methodologies for over a decade. Eric had
the insight to combine proven coaching methodologies with
shareholder activism techniques to create an entirely new model
for shareholder activism that was more reliable and created
greater sustainable results in a rapid period of time. On
average, Tribal Leadership produces a 3-5x increase in profits of
culturally troubled companies within an average of 24 months or
less.


Eric currently resides in Philadelphia, PA.
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