Aug. 21 at 2:14 PM
$EVC looks like the Sixes are next. For those of you that have been around 20 years or so like me trading the stock, this is déjà vu. I remember when they first got in the digital business and were doing
$5 million quarterly. The next year they would do
$7 million and report 40% growth. Everyone was buying the percent instead of the dollars. Same thing this time but on a bigger scale. I always told my managers that you pay bills with dollars not percent. Most investors can’t do math. The frenzy is gone now and going to be harder to move up.
Any new Univision deal will cost EVC even more and less retransmission fees and payments to them to manage various areas of their business. There’s also a possible likelihood that unless Univision gets what it wants, it may not renew. You can bet they are weighing whether to go all streaming or not. They can get much more per subscriber that way. As i’ve said before, the lawsuit could take half their cash.
