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Motley Fool Hidden Gems Investing

Musk being Musky

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 11 April 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

Twitter’s board was going to look a little different. Not so much anymore. (0:22) Tim Beyers joins Deidre Woollard to discuss: - The potential reasons why Elon Musk is jumping off Twitter’s board. - Warner Bros. Discovery’s first day as a publicly traded company. - A potential seller’s strike at Etsy. (20:05) Matt Argersinger joins Deidre in a discussion on how rising interest rates could impact Zillow and Redfin, and what those companies are doing differently from each other. Stocks discussed: WBD, T, DIS, TWTR, ETSY, ABNB, RDFN, ZG   Host: Deidre Woollard Guests: Tim Beyers, Matt Argersinger Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl, Annie Franks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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