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May 31, 2024
05/24
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so a lot of different pieces in play here, but it's all ultimately up to sherry redstone >> thank you boiling it down, because it's certainly complicated. thank you. >>> a new report finding sharp generational divides among retirement safes who pay financial advisers to manage portfolios and those who believe professional advice would reduce their financial stress sharon, questions people should be asking when looking to hire an adviser >> absolutely. more than a quarter of baby boomers, 27%, say they'll pay a financial adviser to manage their retirement but the percentage is far less for younger generations. only 7% of gen-z, 11% of millennials and 17% of gen-x have hired aben adviser. more than 1/3 of gen-z and millennials are in favor of working with an adviser, compared with 28% of gen-x and one quarter of working boomers there are many times of advisers to choose from, from a robo adviser to a financial coach, a certified financial planner or wealth manager, even a financial therapist, who combines coaching and behavior therapy to find the best fit, it's important to ask about th
so a lot of different pieces in play here, but it's all ultimately up to sherry redstone >> thank you boiling it down, because it's certainly complicated. thank you. >>> a new report finding sharp generational divides among retirement safes who pay financial advisers to manage portfolios and those who believe professional advice would reduce their financial stress sharon, questions people should be asking when looking to hire an adviser >> absolutely. more than a quarter of...
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May 6, 2024
05/24
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it's the controlling shareholder, sherri redstone. >>> let's talk grayscale bitcoin trust.since january. bryn, you own it, right? >> yeah. for a little bit longer. i mean, i think ultimately with grayscale, it's existential. i would have expected them to bring it down so much more than the original 2%. i think that investors going forward for our clients that joined gbtc, we moved them to i-bit. i will be doing the same thing, and we have to say 150 is too expensive when blackhawk is at 25. there's a reason we don't have 10 gld gold, you only need one or two and i think the same will hold for bitcoin. >> vistra, you own that? >> it's the only utility name we own and it's up 150% since september. >> yeah, up 113% year to date. >> really remarkable. it's a beneficial of secular tailwinds, though. this ai datacenter demand, it's growing 15% year on year, and arguably that's understated. they are huge beneficiaries of it. we bought it at ten times earning and it's up to 15. it still has 25% free cash flow margins, and best balance sheet in the industry, and, you know, earns 12%
it's the controlling shareholder, sherri redstone. >>> let's talk grayscale bitcoin trust.since january. bryn, you own it, right? >> yeah. for a little bit longer. i mean, i think ultimately with grayscale, it's existential. i would have expected them to bring it down so much more than the original 2%. i think that investors going forward for our clients that joined gbtc, we moved them to i-bit. i will be doing the same thing, and we have to say 150 is too expensive when...
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May 14, 2024
05/24
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however the control shareholder national amusement run by sherry redstone, has in the past indicateds my reporting, interest in pursuing that bid and being in favor of it, if you will. will that lead to a finish here that they actually get to the finish line, i should say, tyler? i don't know. as you well know, all of these things are quite dynamic in terms of how they move. there is a hope given how long this has gone on that something will be concluded over the -- let's call it the next couple of weeks. remember, you're dealing with a new management at paramount itself which replaced ceo with a trio of senior people who are running the company. one final point, by the way, i forgot to add in terms of at least the way sony is looking at it and of course the sky dance is as well, there's a very important renegotiation coming up for paramount in terms of distribution of its cable networks on charter, the big cable company, that had been extended. that extension runs out very, very soon. and so, all the parties will be very much focussed on the economics of that deal and how or if in a
however the control shareholder national amusement run by sherry redstone, has in the past indicateds my reporting, interest in pursuing that bid and being in favor of it, if you will. will that lead to a finish here that they actually get to the finish line, i should say, tyler? i don't know. as you well know, all of these things are quite dynamic in terms of how they move. there is a hope given how long this has gone on that something will be concluded over the -- let's call it the next...
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May 6, 2024
05/24
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on the other hand, they've got to offer sherry redstone a premium, she's the controlling shareholder.erves a premium. has more valuable shares and they have not yet tipped their hand. i still don't know how real this bid is or how serious it is until they unveil how they're going to break down that price for the share, the controlling shareholders and everyone else. >> another story you know better than everybody. jim stuart, thank you. >> thank you. >> we appreciate skrg you here, that's jim stuart of the "new york times," and we're tracking the biggest movers in the close, kristina partsinevelos has that. >> premium travelers the reason this airline should climb higher, i'll reveal the name and much more after this short break. this is our future, ma. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment.
on the other hand, they've got to offer sherry redstone a premium, she's the controlling shareholder.erves a premium. has more valuable shares and they have not yet tipped their hand. i still don't know how real this bid is or how serious it is until they unveil how they're going to break down that price for the share, the controlling shareholders and everyone else. >> another story you know better than everybody. jim stuart, thank you. >> thank you. >> we appreciate skrg you...
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May 10, 2024
05/24
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FBC
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. >> ashley are, i can tell you speaking with some people that are close to sherry redstone and are attachede balance sheet, so to speak, they think they still have a shot at doing the skydance deal. i mean, here's how they're essentially describing what's going on now. they want to do the skydance deal. they believe the skydance/redbird bid keeps the entire thing together. it's also, you know, apolo joe -- a apollo and sony would break it up, and that's not what she wants. shari redstone wants to preserve the legacy of her father, and on top of that they think there's enough regulatory hurdle on the sony/apollo deal that they can tinter down9. but right now they're going to give it a look x. and part of that is to do their due diligence so when the inevitable shareholder lawsuits come they can say, listen, we rejected it based on material, on material grounds not, you know, personal fortune grounds. shari redstone would be handed a check for $2 billion under the skydance/redbird deal. unclear how much money she would get if it was just a straight purchase of everything which is what apollo
. >> ashley are, i can tell you speaking with some people that are close to sherry redstone and are attachede balance sheet, so to speak, they think they still have a shot at doing the skydance deal. i mean, here's how they're essentially describing what's going on now. they want to do the skydance deal. they believe the skydance/redbird bid keeps the entire thing together. it's also, you know, apolo joe -- a apollo and sony would break it up, and that's not what she wants. shari redstone...
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May 6, 2024
05/24
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BLOOMBERG
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while sherry redstone kind of gets a preferred treatment, all the other shareholders were really going with sony and apollo, we are seeing a 50% premium to where the stock was trading last friday. from a financial standpoint, much better. lisa: people used to be concerned about antitrust. is that a concern at all? or has there been a shift in the tide? media is another subject for them to deal with. >> it is a concern. you have two major studios that would be combining for this transaction. sony and paramount would be about 25% of the box office and it has ripple effects across. using the number of content buyers from my 24. that is definitely something that we have to keep our eyes open for. with sony being a foreign company, there is a question of whether they would be allowed to own a broadcast network. there is a little bit of ambiguity day. lisa: fascinating. that acquisition in the world of acquisitions. we have been hearing questions. what are they going to sell? how can they raise money and other ways? the president stepped down. are you hearing this as a predecessor to the new
while sherry redstone kind of gets a preferred treatment, all the other shareholders were really going with sony and apollo, we are seeing a 50% premium to where the stock was trading last friday. from a financial standpoint, much better. lisa: people used to be concerned about antitrust. is that a concern at all? or has there been a shift in the tide? media is another subject for them to deal with. >> it is a concern. you have two major studios that would be combining for this...
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May 3, 2024
05/24
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. >> so you're in the camp with sherry redstone. > i'm in the camp of fighting for every shareholder to get the same price as at shari redstone. problem is national amusement. she have leverage. anticipated challenges with covid and the movie business. last year cut the dividend, screen actors strike, writers' guild strike and box office was choppy. you have theaters and leverage. read the annual report of other data companies you see the challenges she's facing. >> is skydance share for all shareholders or not? >> i don't know the deal. i'm the yogi. it ain't over until it's over. al free market system, the deal on the table you're rearing to is from apollo with sony. sony and paramount were going to do a deal in distribution globally. they bring to me not intensity that skydance does but they bring a lot. >> a lot of money. $26 billion. >> that's not bad. bottom line you basically have neither of those entities want to own a tv station. you don't want fcc regulations. it's just challenging. you got to spin off that. that television
. >> so you're in the camp with sherry redstone. > i'm in the camp of fighting for every shareholder to get the same price as at shari redstone. problem is national amusement. she have leverage. anticipated challenges with covid and the movie business. last year cut the dividend, screen actors strike, writers' guild strike and box office was choppy. you have theaters and leverage. read the annual report of other data companies you see the challenges she's facing. >> is skydance...
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May 3, 2024
05/24
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media, but a number shareholders protested the offer saying that it gave controlling shareholder sherry redstonesivity is scheduled to end today. ferrari is using the miami grand prix as an opportunity to unveil a new sports car and boast a top speed of 200 miles an hour. it will cost more than 400 thousand dollars and it is inspired by ferrari's touring cars of the 1960's. deliveries will begin by the end of this year. if they want a marketing moment, have lewis hamilton show up in that thing this weekend. jonathan: i'm not sure he can do it yet, but when he can those things will sell. we accept gifts. we don't accept gifts, i'm told. just in case anyone was interesting in sending me one. a cheeky 400k, what is that between friends? annmarie: they can send it for a test drive and then you send it back. jonathan: a permanent test drive. we accept gifts? we don't. counting down to the payroll report. >> if you were to see a move lower in the payroll that would shift the overall thinking in the jobs market and potential summer rate cut back in play. jonathan: you don't think that they would allow
media, but a number shareholders protested the offer saying that it gave controlling shareholder sherry redstonesivity is scheduled to end today. ferrari is using the miami grand prix as an opportunity to unveil a new sports car and boast a top speed of 200 miles an hour. it will cost more than 400 thousand dollars and it is inspired by ferrari's touring cars of the 1960's. deliveries will begin by the end of this year. if they want a marketing moment, have lewis hamilton show up in that thing...