- With Warner Media and HBO Max's acquisition, Discovery is poised to enter the big league of top streaming companies offering one of the widest content libraries.
- With complementary offering and focused leadership, I believe the company will gain significant traction in direct to consumer space.
- At the current share price of Discovery A shares, the new merged company's implied market capitalization is $77.8 bn versus $216.8 bn of Netflix and $308.7 bn of Disney.
- Discovery's stock provides significant upside for investors over the next three to four years as its combined offering with HBO Max gains traction.
For further details see:
Discovery-Warner Merger: Future Prospects And Updated Targets