Musk being Musky
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 11 April 2022
⏱️ 30 minutes
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| 0:00.0 | Welcome to Motley Full Money. |
| 0:06.6 | Today we're looking at the debut of Warner Brothers Discovery on the market, Elon Musk |
| 0:10.5 | and his relationship with Twitter's board and potential seller revolt on Etsy. |
| 0:15.3 | I'm Deidre Ward sitting in for Chris Hill and I'm joined by Motley Full Senior analyst |
| 0:25.4 | Tim Byers. |
| 0:26.4 | Hi Tim, welcome to the show. |
| 0:28.3 | Nice to see you again Deidre. |
| 0:29.9 | Nice to see you too. |
| 0:30.9 | So today is the first day that Warner Brothers Discovery trades on the market as ticker WBD. |
| 0:37.1 | So this is after the $43 billion takeover of Warner Brothers from AT&T. |
| 0:41.5 | It's an interesting mix of brands that it brings together because this new company brings |
| 0:46.3 | together HBO, CNN, TBS and the Warner Brothers Studio. |
| 0:50.8 | Then on the other side with Discovery you've got Food Network, HDTV, Magnolia, a whole |
| 0:55.6 | bunch of things. |
| 0:57.0 | So I think this is really interesting when you start thinking about the streaming wars, |
| 1:01.8 | the potential for streaming fatigue. |
| 1:04.3 | HBO has HBO Max, CNN's got CNN Plus, there's Discovery Plus. |
| 1:09.1 | What are you thinking about all of this and this new company? |
| 1:12.4 | Well, I think it's interesting and I think it's necessary. |
| 1:17.0 | I think what's the most interesting thing about it is it pulls together a lot of discrete |
| 1:21.9 | and different content into a bundle of content that I think at least these executives |
| 1:30.1 | are hoping they get some scale out of because you've been trying to sell HBO Max separately |
... |
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