T - Streaming media: Wells Fargo pits bulls against bears to find picks

A unique project at Wells Fargo assigns two teams to the streaming media space - one for the bull case, one for the bear case - to see what conclusions and picks can be drawn from the exercise. "Pretty much every media company is now a streaming company, too. But should they be?" analyst Steven Cahall and team write. "The last few years have seen the ubiquitous launch of the "+", and more recently, we think investors have grown far more suspect whether streaming can create value." The question ultimately turns on whether you believe the streaming "pie" is growing rapidly - or not. The bull case on streaming suggests that a bigger total addressable market means higher content value, the bank says - and it looks to Facebook (FB; nearly 2 billion daily active users and 3 billion monthly active users) as an indication for the size of the

For further details see:

Streaming media: Wells Fargo pits bulls against bears to find picks