NEW YORK, Dec. 22, 2021
NEW YORK, Dec. 22, 2021 /PRNewswire/ -- Discovery, Inc. ("Discovery" or the "Company") (NASDAQ: DISCA, DISCB, DISCK) today announced that the European Commission (EC) has granted unconditional antitrust clearance of the Company's proposed acquisition of AT&T Inc.'s (NYSE:T) WarnerMedia business.
"Approval from the European Commission is a key milestone toward completing our proposed transaction with AT&T," said David Zaslav, President and Chief Executive Officer of Discovery, and the future CEO of the combined company. "Today we move one important step closer to creating Warner Bros. Discovery, a premier entertainment company that will be one of the world's leading investors in premium content and one positioned to serve consumers with what we believe will be the most complete content offering under one roof."
Discovery currently anticipates the closing of the WarnerMedia transaction to occur in mid-2022, subject to approval by Discovery stockholders and additional customary closing conditions, including other regulatory approvals. No approval is required by AT&T stockholders.
About Discovery
Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is a global leader in real life entertainment, serving a passionate audience of superfans around the world with content that inspires, informs and entertains. Discovery delivers over 8,000 hours of original programming each year and has category leadership across deeply loved content genres around the world. Available in over 220 countries and territories and nearly 50 languages, Discovery is a platform innovator, reaching viewers on all screens, including TV Everywhere products such as the GO portfolio of apps; direct-to-consumer streaming services such as discovery+, Food Network Kitchen and MotorTrend OnDemand; digital-first and social content from Group Nine Media; a landmark natural history and factual content partnership with the BBC; and a strategic alliance with PGA TOUR to create the international home of golf. Discovery's portfolio of premium brands includes Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Travel Channel, MotorTrend, Animal Planet, Science Channel, and the forthcoming multi-platform JV with Chip and Joanna Gaines, Magnolia Network, as well as OWN: Oprah Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading provider of 3 locally relevant, premium sports and Home of the Olympic Games across Europe. For m
... keep reading on reddit ➡Nekidan kada sam slušao Discovery-ev Q3 earnings call došao sam na ideju da par svojih investicionih teza stavim na papir. Tako bivam prinuđen sam da pređem kroz sve detalje još jednom. Meni je od velike koristi, a vama isto tako može da bude od značaja, ako ništa makar pomalo interesantno.
Discovery Inc. – Deep value i put do 20% CAGR do 2023. godine
Naime, o čemu se radi? AT&T i Discovery su u maju ove godine najavili spin off AT&T-ove Warner Media divizije i njen merger sa Discovery-em. Ukoliko merger bude odobren, ovo će biti jedan od najvećih dilova u posljednjih nekoliko godina koji ce vjerovatno izroditi najnovijeg učesnika “streaming ratova”.
Kako funkcioniše merger?
- AT&T će da spin off-uje svoju cijelokupnu WarnerMedia diviziju(HBO Max, Warner Bros, CNN, itd) koja će zajedno sa Discovery-em(Food Network, TLC, Eurosport) sačinjavati novu kompaniju.
- Spin off je bi trebao biti završen sredinom naredne godine.
- Ranije ove godine smo saznali da će nova kompanija nositi naziv: “Warner Bros Discovery”.
- Akcionari AT&T-a dobijaju 71% udjela WBD-a, dok se akcionarima Discovery-a dodjeljuje 29% WBD-a.
- AT&T u novu kompaniju unosi i 43B$ duga, što ukupno sa dugom Discovery-a čini oko 58B$.
- Rukovodeću ulogu u WBS-u preuzeće David Zaclav, trenutni CEO Discovery-a.
https://preview.redd.it/l6pezpjt5vx71.png?width=627&format=png&auto=webp&s=f48f701f0d6216c5d54b71e08971933a898b0056
Investiciona teza:
Warner Bros Discovery će posjedovati kvalitativni i kvantitativni kapacitet ne samo da se izrazito dobro nosi sa rivalima u svom sektoru, već i kapacitet da ozbiljnije uzdrma poziciju tržišnog lidera “streaming ratova” - Netflixa.
IP portfolio WSB-a kao što je i prikazan na gornjoj infografici najbolje pokazuje istinski potencijal WSB-a. Portfolio pokriva vrlo širok izbor sadržaja, od najvećih kinematografskih ostvarenja sa jedne strane(LoTR, HP, GoT, i sl) pa do sadržaja “niskog intenziteta” prikladnoga za nedeljno porodično druženje (Discovery, Food Network, i sl). Portfolio istovremeno cilja istinske ljubitelje serije i filma, ali isto tako pokriva potrebe jedne prosječne domaćice. Kvantitativno posmatrano, portfolio WSB-a činiće oko 200.000 sati sadržaja, što ga već u ovom trenutku cementira na sami vrh piramide streaming ratova. Pored streaminga, odnosno D2C kapaciteta WBD-a, portfolio nove kompanije sačinjavaće “legacy” HBO i Discovery, dijelovi vezani za sport i vijesti, Warner Bros studio i drugi.
... keep reading on reddit ➡Właśnie Discovery oświadczyło, że oskarży polski rząd o naruszenie polsko-amerykańskiego dwustronnego traktatu inwestycyjnego.
https://preview.redd.it/s5i6a8mwxyg71.jpg?width=960&format=pjpg&auto=webp&s=3e4adeb78053ecb3db0ecd2604c370337a4eb8c8
Całość stanowiska tutaj (po ang): https://ir.corporate.discovery.com/news-and-events/financial-news/financial-news-details/2021/Discovery-Inc.-to-Charge-the-Government-of-Poland-with-Violations-to-the-US-Poland-Bilateral-Investment-Treaty/default.aspx
Has anyone had an interview for Discovery Inc using hirevue for a software engineering intern position? The interview includes 30 minutes of behavioral and another 30-minute technical questions. I have been busy with my classes didn't have much time to prepare. Can anyone tell me what kind of questions should I expect for a technical part? Are they leetcode easy/med/hard questions? Also if you have any advice/tips on behavioral parts too Please. Thank you so much for your help in advance.
23 November 2021
Oxford Cannabinoid Technologies Holdings plc
New agreement signed with Dalriada Drug Discovery Inc. of Canada ("Dalriada")
· Dalriada agreement to propel OCT R&D activities by evaluating the cannabinoid derivatives acquired under the exclusive licence agreement with Canopy Growth Corporation ("Canopy") to advance Programmes 3 and 4, targeting pain, neurology, and inflammation · Canopy's library includes 335 cannabinoid derivatives, 14 patent families and related intellectual property
Oxford Cannabinoid Technologies Holdings plc ("OCTP" or the "Company"), the holding company of Oxford Cannabinoid Technologies Ltd ("OCT", together, the "Group"), a company developing licensed prescription cannabinoid medicines for approval by regulatory agencies worldwide and targeting the U$ multi-billion pain market, is pleased to announce that OCT has signed an important new drug development agreement with Dalriada.
The agreement with Dalriada, a Canadian company which provides drug discovery, medicinal chemistry and intellectual property services to pharmaceutical companies, will provide R&D activities on compounds OCT accessed as part of its exclusive, worldwide licence agreement signed with Canopy, announced on 22 September 2021. OCT's exclusive license includes Canopy's entire cannabinoid derivative library, comprising 335 derivatives, intellectual property rights constituting 14 patent families, and associated product research and development.
Dalriada designed, synthesized and experimentally tested all of the compounds in the Canopy library. OCT will be able to leverage Dalriada's existing knowledge and experience as it continues research and development aimed at identifying multiple drug candidates targeting indications in pain, neurology, inflammation and oncology. A goal of the collaboration is the selection of two drug candidates ready for pre-clinical development by the end of 2022.
OCTP Chief Executive, Dr John Lucas, said: "Whilst our main focus remains pain therapy, the collaboration with Dalriada, in synergy with the strategic collaborations recently announced, will enable us to expand and differentiate our efforts into other therapeutic areas including neurology, oncology and inflammation. Working with the team that helped Canopy to develop its library is hugely exciting for OCT and will help us get the very best out of that important acquisition."
Dalriada Chief Executive and co-founder, Diana Kraskouskaya said: "Da
... keep reading on reddit ➡I believe that that discovery inc stock presents unique value that short sellers and investors have overlooked.
The crux of this write-up hinges on the spinoff and merger with Warner Media, but first I will talk about Discovery inc as a company right now as it stands.
Currently they seem to be reasonably priced, trading at a PE of 16.
If discovery was just a cable company only relying on traditional advertisement income from their channels I would understand, but his is far from the case.
At the beginning of the year they have launched discovery+, a direct to consumer video streaming service.
The majority of the content on the platformed is owned by the company themselves, so they do not have to pay licensing fees to other companies, or face the risk of their most popular shows being taken down.
The content on discovery+ is unique in that it offers mostly unscripted shows like names from HGTV, Discovery Channel, TLC, Animal Planet, Travel Channel, Lifetime ect... Since launch at the begging of this year they have gained about 18 million subscribers, as a cheap streaming service charging only a few dollars a month.
One risk is that as soon the company merges with Warner Media, it will be in a considerable amount of debt, but management has set goals of repaying most of it quickly. It is estimated to start at 5x leverage, but within 2 years take it to 3x, than long term be at 2.5-3x.
Although, there is a lot of competition in the streaming industry, the new company can quickly build a competitive edge with popular shows like Sopranos, Game of thrones, looney tunes, lord of the rings, ect...
The obvious catalyst is the merger with Warner Media Shareholders in Discovery will receive 29% of the new company sometime in mid 2022 when the deal is expected to close.
By buying Discovery now, whilst it is trading cheap, when the merger completes, the new company will do very well, and its stock price will reflect that.
The new company can compete with services like Disney plus and Netflix, because of its large and recognizable content library. Compared to something like Netflix, the new streaming service will have scripted, non-scripted, sports, news, its a service where there's something for everyone. This catalyst is expected to take a little less than a year to play out, so patience is key if you decide to invest.
2nd hearing live on YouTube - Motion for Discovery to compel DHL to turn over the Clearance Engine | DCE 4.7.6
https://youtu.be/V-5taamEsgQ
If you saw Discovery Inc hiring for customer service remote roles just a heads up that's they will waste your time. First interview was damn near immediately and had that over zoom and the second interview took a month to happen. Here's the kicker than they ghosted me. No explanation, no thanks for you time but we passed on you, no more contact. They get your hopes up with "we are interested in hiring you immediately!" ...etc.
I'm getting sick and tired of companies ghosting yet they have signs that "we are short staffed cause people don't wanna work" or "sign on bonuses" yet ghost you or waste your time.
Anyone else deal with shit? This probably not new to anyone here but goddamn did I need to rant.
https://finance.yahoo.com/news/goldspot-discoveries-closes-acquisitions-ceo-120000729.html
CGX Energy, Inc. Is Joining the exploration efforts for the recent Giant Multibillion Barrel Oil Discoveries Offshore Guyana / Suriname ---
Exploration Offshore Guyana (TSX-V | OYL) & (OTCMKTS: CGXEF) https://cgxenergy.com/
[TLDR ? - best sellers usually are!]
Offshore Guyana: CGX Energy Inc - July 12, 2021 ... The Kawa-1 well, the Joint Venture’s commitment well on its Corentyne block, is expected to be spud within the August 1st to 15th time period and reach total depth in approximately 85 days. The primary target for the Kawa -1 well is a Santonian age, stratigraphic trap. The Kawa-1 well is located in the northeast quadrant of the Corentyne block approximately 200 km offshore from Georgetown. The water depth is approximately 355 meters (1,174 ft) and the expected total depth of the Kawa-1 well is 6575 meters (21,700 ft). News Source: https://cgxenergy.com/wp-content/uploads/2021/07/CGX-Energy-Provides-Operational-Update-and-Results-of-Annual-General-Meeting-12July2021.pdf
Multibillion barrels of additional exploration potential is still remaining in the highly prospective Guyana Basin. https://cgxenergy.com/basin-potentials/
$CGXEF Share History at a Glance (below)
$CGXEF Share History at a Glance...HUGE POTENTIAL RUN (Image from u/SheDrills77
- Map of Discovered Fields - CGX Acreage in yellow.
[Figure 2.) The mirror image theory of West Africa and the Guyana-Suriname Basin. Images for Figures 1 & 2 from: https://seekingalpha.com/article/4240592-guyana-suriname-basin-emerging-petroleum-province](https://preview.redd.it/gdw9whyxt6h71.png?width=1196&format=png&auto=webp&a
... keep reading on reddit ➡BLUF: Both of these stocks are knee deep in the streaming wars. They both fell sharply last week due to a hedge fund liquidation. Read more about that in the link below. Over the past 5 days, DISCA fell 46%, and VIAC fell 51%. Both have a bullish sentiment, along with their pros and cons.
>ViacomCBS, Discovery plunge due in part to forced liquidation of Archegos Capital positions
Below is a 3 month snapshot of both stocks, along with SPY just for comparison purposes.
3 Month view of VIAC, DISCA, and SPY
Both VIAC and DISCA followed each other rather closely in terms of percentage gained. Even with the recent drop, had the stock been held, both would come out beating the market.
Profile Overview:
VIAC is approx. 18% larger than DISCA.
Brands:
Profitability:
https://preview.redd.it/dmmkpgy3fsp61.png?width=1106&format=png&auto=webp&s=3a735ab5a2608ec4ba38c11429c06cd2d3e8cb47
DISCA comes out ahead here. They both have a rather decent profit margin, but DISCA has a whopping 24% advantage over VIAC.
Momentum:
https://preview.redd.it/lm5e6jq4fsp61.png?width=1161&format=png&auto=webp&s=3e245da1875ed75731ddc6fed5d8a64aae9a3b25
Let's skip over the 1 month price performance, as this has been explained via the first link provided at the top.
DISCA comes out ahead in the less than 6 months, and the greater than 1 year price performance. Meanwhile, VIAC is the clear winner in the 9 month to 1 year price performance. Overall, both performed well recently, but DISCA has been consistently in the green.
Income Statement:
https://preview.redd.it/638r7ng5fsp61.png?width=1082&format=png&auto=webp&s=c67ae40ae70845b7ba971bdc1c6699017eb8684d
VIAC's revenue is the clear winner here. They pull in more than double DISCA's revenue. They al
... keep reading on reddit ➡Investment Overview:
Discovery is one of the major media companies, capturing around 20% of cable viewership through its strong collection of content containing brands such as Discovery Channel, HGTV, and Food Network. It is currently transitioning to its streaming service, Discovery+, and the merger with Warner Media will greatly accelerate this. WarnerMedia further builds up Discovery’s content with HBO, CNN, Warner Brothers, and a host of others. However, the real focus is on HBO and its streaming platform, HBO Max, which has over 60 million subscribers. This combination of quality brands and a strong customer base will allow Discovery to successfully capitalize on the streaming opportunity.
Mispricing:
The company is selling for cheap right now due to a combination of the Archegos Capital collapse and its association with cable television. Back in March Archegos Capital was margin called, forced to liquidate a large position, and caused the stock to halve. Investor sentiment around the declining cable television industry is poor, and the market has thrown the baby out with the bathwater. Instead of recovering from the crash, the price has continued a steady downtrend and is still around where Burry bought.
Valuation:
I believe Burry is buying for the merger, I believe he bought C class shares because post-merger shares will become one class, so I will value the combined company. I like to keep things simple and use an EBT multiple of 10, a practice stolen from Buffet. He has paid roughly 10 times EBT for many of his large purchases (KO, AXP, WFC, WMT, AAPL) and has mentioned during shareholder meetings that he loves to buy businesses with competitive positions at 9 to 10 times EBT. The first step is combining the income statements and adding back the estimated $3 billion in cost synergies to get an EBIT around $15 billion. Discovery is paying $43 billion for WarnerMedia through both giving cash and receiving debt, but they only have $2 billion in cash so I’ll say that they’re going to receive $41 billion in debt. Both Discovery an AT&T have a cost of debt around 4.5%, and that would mean an additional $1.9 billion in interest for Discovery to pay. Taking away the post-merger interest expense of $2.5 billion from EBIT gives me an EBT of around $12.5 billion. With a multiple of 10 this means a $125 billion company. Discovery shareholders own 29% of this and with diluted shares outstanding around 700 million, each share has a value of
... keep reading on reddit ➡
CGX Energy, Inc, is in the hunt and has spudded their Kawa-1 Exploration Well Offshore Guyana as well.
ExxonMobil makes oil discovery at Stabroek block offshore Guyana
September 9, 2021 Oil & Gas Journal: https://www.ogj.com/exploration-development/discoveries/article/14210023/exxonmobil-makes-oil-discovery-at-stabroek-block-offshore-guyana
> The Pinktail well encountered 220 ft (67 m) of net pay in high-quality oil-bearing sandstone reservoir. Pinktail lies some 21.7 miles (35 km) southeast of the Liza Phase 1 development, which began production in December 2019, and 3.7 miles (6 km) southeast of Yellowtail-1. Pinktail was drilled in 5,938 ft (1,810 m) of water by the Noble Sam Croft.
>
> In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 ft (13 m) of net pay in a newly identified, high-quality oil-bearing sandstone reservoir separate from the 75 ft (23 m) of high quality, oil bearing sandstone reservoir pay encountered in the original Turbot-1 discovery well.
Read on this sub - CGX Energy, Inc. Is Joining the exploration efforts for the recent Giant Multibillion Barrel Oil Discoveries Offshore Guyana / Suriname --- https://www.reddit.com/r/3CPG_PetroleumGeology/comments/p3usox/cgx_energy_inc_is_joining_the_exploration_efforts/
Also read on this sub, How $CGXEF can become a $20 stock in short time:
Source: https://www.hollywoodreporter.com/business/business-news/att-discovery-in-talks-1234954038/
What does it mean for DC and it’s upcoming projects? What do you guys think? Personally I don’t care that much as long as it does not affect the upcoming movies and tv shows.
Background
Discovery, Inc. is a media company, which engages in the provision of content across distribution platforms and digital distribution arrangements. It operates through the following segments: U.S. Networks and International Networks. The U.S. Networks segment owns and operates national television networks such as Discovery Channel, Animal Planet, and Investigation Discovery and Science. The International Networks segment consists of international television networks and websites. Discovery also operates Discovery+ which is a Direct-To-Consumer subscriptions service that provides access to more than 55,000 episodes of 2,500+ current and classic shows from the most beloved TV brands, including HGTV, Food Network, TLC, ID, Animal Planet, Discovery Channel and more. Fresh new series to inspire, inform and entertain you are added all the time, from lifestyle and true crime to home improvement, food, adventure and more. You'll find personalities like the Irwins, Jonathan and Drew Scott, Chip and Joanna Gaines, Bobby Flay, Ree Drummond, Guy Fieri, Giada De Laurentiis, Lieutenant Joe Kenda and so many more - all in one place. The service also includes exclusives and Discovery+ Originals - exciting, can’t-miss series and specials you won’t see anywhere else. Discovery+ is home to the definitive collection of award-winning natural history series, including exclusive streaming access to the BBC's largest natural history offering, featuring shows like Planet Earth, Blue Planet and Frozen Planet. Discovery+ subscription plans start at $4.99 per month, with an ad-free version available at $6.99 per month. The company was founded by John S. Hendricks in September 1982 and is headquartered in Silver Spring, MD.
Growth Thesis
With the merger between WarnerMedia and Discovery, their streaming platform should be one that becomes a large player in the industry. The combination of the two arguably makes it the streaming platform with the most content diversity. HBO/WarnerMedia will be able to appeal to the traditional movie and premium television consumers (mainly Dads) as they have content such as the DC Universe (Batman, Suicide Squad, Aquaman, The Joker, etc.), original HBO content (Game of Thrones, The Sopranos, etc.), CNN (news) and Cartoon Network (popular with kids and apes). Discovery will be able to provide users with content that is found on networks like the Animal Planet, Food Network, TLC, HGTV, Lifetime, A&E, History Channel, Travel Channel, Sc
... keep reading on reddit ➡Discovery Inc. recently got involved with a overleveraged Archegos fund which caused the stock to crash 50%+ as banks dumped shares. Some could make the case that the stock got artificially pushed up/ inflated.
However I see this as an opportunity to get in to a company earning 2B positive cashflow every year and 10 billion of revenue vs Netflix's 23 B*. They should have the cashflow to pay off their debt but still 15B in debt is a lot so this is a downside.
The company currently operates in 220 countries with over 300K hours of content, producing lots more every year. They own the Oprah show, animal planet , food network..
Comparing Discovery to Netflix makes a compelling case, valued at 5% of the market cap of Netflix (240B) vs (20B) and with a competing content offering with the goal to recreate the Netflix like- online subscriber business model justifies thinking about the possibility for decent returns on investment.
CFO Gunnar Wiedenfels in march 2020 : " "We really don't need a crazy number of subscribers to be operating a profitable business here."
May 10th they will anounce quarter results and have an investor call.
Summary:
Disney streaming, Apple , Netflix, Amazon : I believe online streaming is the way of the future instead of cable TV, if Discovery can convert their business towards the new online subscription model I believe they have a good chance of winning a decent % of the streaming market due to their huge library of content.
Curious to open the discussion and hear your guy's opinion / bear / bull cases.
Have a nice day.
ProMIS Neurosciences, Inc. is a development stage biotechnology company whose unique core technology is the ability to rationally predict the site and shape of novel targets known as Disease Specific Epitopes (DSEs) on the molecular surface of proteins. In neurodegenerative diseases, such as Alzheimer’s, ALS and Parkinson’s disease, the DSEs are misfolded regions on toxic forms of otherwise normal proteins.
In the infectious disease setting, these DSEs represent peptide antigens that can be used as an essential component to create accurate and sensitive serological assays to detect the presence of antibodies that arise in response to a specific infection, such as COVID-19. ProMIS proprietary peptide antigens can also be used to create potential therapeutic antibodies, as well as serve as the basis for development of vaccines.
Two important and positive events occurred in January 2021, for the Alzheimer’s field, for the updated amyloid hypothesis, and for ProMIS Neurosciences. The FDA extended the PDUFA date (Prescription Drug User Fee Act) for review of Biogen’s aducanumab from March 7 to June 7, 2021, as announced on January 29. Lilly announced positive clinical results for their antibody, donanemab, on January 11, making it the third antibody with positive clinical results in Alzheimer’s disease (AD) due to its targeting of aggregated amyloid-beta (not amyloid monomer).
Both these events have positive implications for ProMIS and PMN310, ProMIS’ lead antibody therapeutic candidate for AD.
Executive Chairman of ProMIS: “In line with this assessment, we believe the FDA will issue an approval of aducanumab in the summer of 2021.”
It has completed US$7M (CDN$8.75M) private placement of convertible unsecured debentures on Mrch 22nd.
Insiders hold %10 of the Company with recent huge share purchases on March 4th.
ProMIS is headquartered in Toronto, Ontario, with offices in Cambridge, Massachusetts.
TSX: PMN
OTCQB: ARFXF.
Make sure to do your DD.
Happy trading and good luck.
$KDOZ currently @ $0.39
KIDOZ is the world’s fastest-growing content discovery and recommendation platform for kids, reaching over 100 million children worldwide. Started by a father who wanted to create a better way for his daughter to safely play online, KIDOZ has become the global network leader, helping millions of kids find content they love while enabling hundreds of brands and developers to monetize and distribute content to kids around the world.
The kids’ mobile space presents 3 significant challenges:
- Kids are constantly looking for new games and videos but often end up with irrelevant and inappropriate content.
- Brands are looking to recapture kids’ engagement; needing to reach an audience they once strongly connected with through linear television channels and are now scattered throughout thousands of apps.
- App developers who create amazing apps for kids, yet earn minimal revenue, are looking for a way to compensate their work.
The KIDOZ Network unites all players in one safe platform.
KIDOZ for App Developers:
We help app developers and device makers generate revenue from their work in a COPPA-compliant way that respects their values, using sponsored content recommendations. The KIDOZ SDK serves as a leading COPPA-compliant solution for thousands of kid focused apps to monetize their traffic in the safest user environment for kids.
KIDOZ for Brands:
The leading mobile network for kids 13 and under allows brands to reach millions of engaged kids and parents on every continent, through one focal point – delivering the highest performance results in the kids mobile industry.
KIDOZ for OEM’s:
KIDOZ Mode is the official kids’ safety solution for over 40 top tier OEM’s, carriers and kids brands who power their youth-dedicated products. (LENOVO, PBS Kids, Sprout TV Cubby Tablet, Acer, T-Mobile, US Cellular and others).
Growth highlights from 2020 include:-- Kidoz Safe Ad network reach increased from 100 million to 300 million users worldwide
-- Over 1 billion paid impressions were delivered recording 40% growth YOY
-- Over 325 million completed video views recording 45% growth YOY
-- US$3.5M paid to sales channels recording 45% growth YOY
-- 50% growth in rich media playable ads purchased
Recent Kidoz Inc. highlights include:-- Q3 2020 Total Revenue of $1,919,973 - growth of 261% compared to Q2 2020Total Revenue of $736,827
-- Cash of $1,136,999 and working capital of $2,094,123 at September 30
Re
... keep reading on reddit ➡Good afternoon all. Last Saturday, I did a very positive review of Le Jardin Retrouvé's Citrus Discovery Set, which included three high quality perfumes based around lemon, bergamot, mandarin and bitter orange (and which can also be had for what I consider to be exceptional value at €12 for 3 x3ml vials).
I have, however, also managed to get my hands on the company's Floral Discovery Set (borrowed from my mum!) and, having smelled it, I am compelled to review it as well.
Perfumery Background
I've done a full background on the history behind Le Jardin Retrouvé in my previous post. In short, however, the house was created by master perfumer Yuri Gutsatz in 1975. It is considered to be first niche company in the perfume world and was incredibly well regarded during the 1970s and 1980s amongst aficionados. This was because it was wholly focused on using high quality ingredients and elevating the 'art' of perfumery.
Unfortunately, Gutsatz was already in his 60s when he founded the company (having had a long and storied career working for the top names in his younger days) and the success of the company began to wane towards the end of his life. In 2016, however his son, Michel, decided to bring Le Jardin Retrouvé back with the help of his wife, Clara (an artist), and perfumer Maxence Moutte.
The perfumes produced are unchanged. They have not been revised- there is no requirement to. Nor have the principles of the company changed. Indeed, with regard to the quality of materials, Le Jardin Retrouvé state:
We choose each ingredient ourselves without any price constraint. As we do not depend on any perfume composition company, we try to work directly with the producers. This is the case for the tuberose, sandalwood and jasmine that come to us from India thanks to the family of a producer who worked with Yuri even before the creation of Le Jardin Retrouvé.
Perfume Notes
The Floral Discovery Set contains three perfumes: Jasmin Majorelle, Rose Trocadéro and Tubéreuse Trianon, all of which are creatively described by Clara so as to evoke powerful images to go along with the fragrances.
Jasmin Majorelle (1981) is named after Jardin Majorelle, a house and botanical garden renovated by Yves Saint Laurent and Pierre Bergé in Marrakech. It contains the following notes: *Jasmine, Ylang-ylang, Itali
... keep reading on reddit ➡I just read Matt's YouTube community post about the weird document. Everybody is talking about how July 11, 1999, is Samantha's Birthday, but what I am interested in is the "Acknowledgment & Signature" portion of the paper. The signature is signed in 1997 but the person being talked about in the paper had not been born yet. How is this possible? Is it a fake paper? I personally think this whole key series is real, so I think there must be an explanation. Please comment on what you think about this discovery and if you think I am wrong or misunderstood the document.
Look at \"Date of Birth\" year and \"Date of Signature\" year.
Warning: I'm long shares and leaps of $DISCA so this post could be biased.
Discovery Inc. recently got involved with a overleveraged Archegos fund which caused the stock to crash 50%+ as banks dumped shares. Some could make the case that the stock got artificially pushed up/ inflated.
However I see this as an opportunity to get in to a company earning 2B positive cashflow every year and 10 billion of revenue vs Netflix's 23 B. They should have the cashflow to pay off their debt but still 15B in debt is a lot so this is a downside.
The company currently operates in 220 countries with over 300K hours of content, producing lots more every year. They own the Oprah show, animal planet , food network..
Comparing Discovery to Netflix makes a compelling case, valued at 5% of the market cap of Netflix (240B) vs (20B) and with a competing content offering with the goal to recreate the Netflix like- online subscriber business model justifies thinking about the possibility for decent returns on investment.
CFO Gunnar Wiedenfels in march 2020 : " "We really don't need a crazy number of subscribers to be operating a profitable business here."
May 10th they will anounce quarter results and have an investor call.
From looking at the app store, it seems people are really enjoying the Discovery+ app 4,9/5 stars which would be a big concern if it wouldn't have a good reputation.
I don't see Discovery+ replacing Netflix or being the market leader. What I see is a certain group who do enjoy Discovery to also buy their subscription service.
Netflix, HBOMax, Apple offer content which is uncomparable quality wise.
Discovery's is often something to just relax and watch, mellow content, background tv and can exist next to the other streaming giants for people wanting more variety.
Yes previous highs do not indicate that it would go back to them, however the rally started with discovery launching their Discovery+ model, you can clearly see that start January price took off and I believe for good reason as Discovery transforming their business model is actually a huge deal if succesful and that's what investors rallied towards. In the long term it all comes down to if Discovery+ would be getting lots of subscribers and create the revenue, market price should follow if they actually generate the $$$.
In February this year Discovery already had 11 million subsc
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