agreed to the terms of a deal to merge with Skydance Media. MoffettNathanson Senior Research Analyst Robert Fishman joins Catalysts to break down how investors should digest the move.
Yeah, I mean, I'd say it's a very confusing time and an awkward time probably to, to be having this annual meeting today given the uncertainty about the future of the company. Yeah, I mean, again by tomorrow, for all that we know, um it's possible that that there's a deal in place already. I mean, I'm sure some of it would be um at least considered as far as the the new plan for the company because clearly the company needs to be focused on additional cost cutting, given the pressures of the revenue and port cutting and even more so advertising recently as secular challenges for for the entire TV ecosystem continue to emerge and get worse over over the coming months and quarters.
Well, I guess the, the question would be more attractive relative to what, um and so relative to the, the prior reporting of, of the initial deal, I, I think the answer is clearly yes, um relative to other proposed deals out there. So ultimately, this is Sherry's choice and, and Sherry gets to decide, given her voting control of the company, uh and the future of the company and which direction she wants to go.
I think that they're probably going to be open to assets and, and explore different possibilities here. BofA says chip stocks won't peak until mid-2026, and that these 3 sub-industries will thrive until then
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