The current rash of buying is a land-grab for films and the people who make them. There are new technologies developing that no one thought would take off, and companies are trying to tie up scarce resources because they are fearful of the content falling into the hands of competitors.
More Quotes from Robert Routh:
The distributors thought nobody was going to care if they dropped them.Robert Routh
If anything, you could say they're expanding pretty slowly into international markets. They're financially a very conservative company. But now they're ready to dive in overseas.
Robert Routh
The consolidated cash flow number was a little light. People expected double-digit growth, and they got 3 percent. But the cable operation, which is the most important unit, is performing very well.
Robert Routh
The sellers are doing just fine because the money is in their pockets, but at the end of the day, the buyers are betting on the future, and there is no way to know how they will make out.
Robert Routh
Aside from generating additional brand exposure for the company, we note that we are not currently factoring anything for this new line into our model. We believe though that it should represent a solid new revenue stream for the company, and thus potential upside to our numbers going forward.
Robert Routh
This is phenomenally good for the company, and it's the best movie financing deal Hollywood has ever seen,
Robert Routh
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