Oct. 21 at 10:44 AM
$LION notable comment from Tom Rogers on CNBC last night that 70% of Netflix viewing is from licensed library content which reinforces "value" of LION and perhaps sustains their
$1B of library revenue per annum...if WBD is acquired by PSKY, the library of LION might improve its licensing fees as PSKY under Ellison is likely to be more aggressive at building at second to Netflix and internalizing the PSKY and WBD libraries would remove important supply from Netflix...multiple ways to win for LION from this level if thinking one year from now...ongoing acquisition candidate coupled with three tentpolesbin 2026 is both downside protection and upside potential