I don't understand though. Sophie has never acted as CEO before. How are people so confident in her?
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I don't understand though. Sophie has never acted as CEO before. How are people so confident in her?
Mista's face after losing half his money in Sky....
https://media4.giphy.com/media/kc0kq...PkwB/giphy.gif
Although it would have been nice to have Martin stay on, the continuity of an existing Exec that has already brought in to the latest strategy taking the CEO role is good for investors. Nothing more disruptive than a new to company CEO wanting to come and put their "stamp" on things with a strategy shake up.
This is my new theory.
Glen KYNE, director of Discovery NZ Ltd, is also a director of Bravo TV Ltd, which is a JV between Discovery and ComCast.
I'm thinking a JV takeover of Sky TV by Discovery and ComCast.
ComCast would provided entertainment (and Neon after spinning it off), Discovery would provided news through mediaworks and documentary content.
50/50 ownership model. Sky platform would be used to promote DiscoveryPlus and PeacockTV.
USD $200m from each would be petty cash ~32c per share.
Put Sophie in charge of the whole thing. $3m salary plus bonus.
Thoughts?