The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Mmm..wonder why that might be
It is possible at the time this statement was made it was an announcement made for the benefit of other parties such as Facebook that Melody had a roll out strategy to implement and that this brought FB to the table.
So playing “devils advocate “ this may have been a negotiating tactic and the result of applying it was a closer commercial relation ship with the worlds no1 social platform
* streaming
Live Nation’s results last week were amazing. Now if they only had a steaming service linked to concerts, seemingly missing from their business model ...now that would be an M&A made in heaven.
Why is that necessary, can’t MVR just do what NextVR is doing ie Sports themselves
It’s fine to make those comments if you are balanced. Melody has increased headcount in development as FB has commissioned the building of an App for Quest. Three key appointments have been added CCO, CEO and NED these are costly granted but why would these be made if not for a reason or without strategy, it’s not for vanity or to drain the bank coffers! The point is there is more to be optimistic about then the negative dribble your writing.
Never read so much hogwash and misguided information...bit of research wouldn’t go amiss
Seems they’ve not closed their short, either they are big risk takers or know things...being so close to results and in Oct 18 the directors said they’re on track to hit the AP number of 1.1m plus all other FB events at F8 its perplexing
That’s gonna hurt in the morning
Albert, if we had access to Google Analytics rather than Trends I believe we’d see the detail
I expect in 5 days it will be clearer, either confirming they have been sat on their hands or that there has been much going on behind the scenes and you’d believe some of this work will be revealed. Certainly do share the frustration !
Chicken Tikka you and I know ...... They know
I’m curious about the Investec share forecast which based on EVRH hitting revs of £1.1m the sp is suggested as 23p. Trouble is there is no time frame given on this so its pretty meaningless in my view
Mark do you have a link you can post? Thanks
If you’re correct and results are before F8 ( which starts 30/4) then there are 14 or 15 further trading days until we know more of Quest plans. We are at a precipice where we will either rocket or flop badly...indications look more favorable than not it’s the former
Or possibly it was a proof of concept to demonstrate to a potential suitor that the platform works clearing the path for a possible sale?
Alto1...what a broker says or projects is irrelevant in my view, and “if” there is a bid then that bidder won’t care about the current or a 20p value, they’ll buy it based on a strategic decision and for commercial reasons. TenCent just launched and are rumoured to be interested in buying Spotify, non profit making..they also overpaid for an app when FB wanted it paying $19bn vs the $10bn FB offered if I recall correctly. I think the business will be a cash purchase based on its value to the acquirer so think 20p is meaningless . But what do I know you could be right and me wrong !
Having worked in the film business. Studios launch films taking account of many varied factors ie the competition around on the launch slate ie other films which take revenue, seasonality, target audience trending, and certain others main point is launch timing is about releasing at a time that maximises the number of “ bums on seats” and would never be all at once. So the comparison between MVR and Films don’t really align so well. I feel MVR is in a proof of concept period to demonstrate it is a viable business. I may be wrong but do think the business needs a bigger heavyweight to take it forward and as such the 600 artist are part of its Crown Jewels which give a partner or acquisitor greater value to exploit but also for MVR a higher buyout price. Aimho
Interesting comments. It is strange why they are holding back the content. As I see it, the value of MVR becomes diluted and reduced in the eyes of a potential buyer of the business once the artists commence being published on the platform since, I seem to have read somewhere and so recall there being implication, of a 2 year exclusive period applicable to MVR. Like a new car, once you take it out the showroom and put miles on the clock it depreciates. In this case once the 2 year activation date starts the value diminishes. Aimho