TV’s Free Agents
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 14 August 2017
⏱️ 21 minutes
🧾️ Download transcript
Summary
VF Corp makes a deal for more workwear, sending its stock higher. Taylor Muckerman and Jason Moser analyze how showrunners moving from broadcast and cable networks to Amazon and Netflix signal further disruption in the TV industry. Plus, we dig into broadcast TV’s remaining ace card and the coming storm for professional sports leagues.
Transcript
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| 0:00.0 | It's Monday August 14th. Welcome to the market foolery. I'm Chris Hill joining me in studio today |
| 0:06.2 | from a million dollar portfolio Jason Moser and from stock advisor Canada Taylor |
| 0:10.3 | Muckerman happy Monday, gents. |
| 0:12.1 | Cheers to you too. |
| 0:14.0 | They tell me it's the dog days of August, but we are just chugging along. |
| 0:18.0 | Dog days. |
| 0:19.0 | The news just keeps on chugging. |
| 0:21.0 | We're gonna, there's a lot of television news that we're gonna get to, but let's |
| 0:24.8 | start with the deal of the day and that is with VF Corp which is the parent company of |
| 0:29.9 | Timberland and Wrangler and now VF Corp is buying Dickies and work right |
| 0:36.6 | because apparently they want to get into the uniform business. |
| 0:40.0 | Yeah well their work where business has been you know chugging right along as we mentioned you know, chugging right along, as we mentioned |
| 0:43.7 | the news is chugging right along. Well, so is its work where business up 20% in its second quarter. |
| 0:50.2 | So this plugs right into that business, 875 million in trailing 12 months revenue for Williamson |
| 0:57.2 | Dickies. |
| 0:58.2 | So hoping to get to a billion in the next few years, which makes VF Corp the largest |
| 1:02.4 | workware company in North America |
| 1:04.2 | and I've seen Dickies outside of North America too which kind of caught me off |
| 1:08.1 | guard as more like a fashion brand not just a workware brand so kind of playing |
| 1:12.4 | into that international growth message as well |
| 1:14.6 | part of their five-year plan that they announced in the second quarter. |
| 1:17.6 | Add VF Corp to the list of companies that the name of the company is probably the least well known. |
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