Fubo's subscriber engine and ad business are turning, but the top line still isn't growing. Subscribers grew 2%, the first growth since the Disney deal, a 275,000 World Cup swing from last year's June-quarter loss. June was the best ad month in years, before Disney's ad server shows up, and cash exceeds the 2029 converts. But pro forma revenue slipped 0.1%, a new S-8 adds about a quarter of the float, and breakeven Q4 guidance is a choice. Everything hangs on CEO Alisa Bowen's November update. … Show more

Comcast's Peacock spinout could reveal value because Peacock has grown faster than Netflix to 48 million subscribers, with structurally lower costs. Its $1 billion EBITDA run rate is twice Netflix's at that subscriber count in 2014. A library, theatrical windows, ISP/CDN delivery, ISP customers and Xfinity upsells help. At 7x earnings, valuing Peacock, media and parks like 2014 Netflix leaves roughly $30 billion in RemainCo EBITDA against $51 billion in remaining market cap. x.com  x.com  x.com 

Fubo's thesis is broken: the merger has not delivered as hoped, management has not shown the leadership or transparency needed, and the path to sustainable cash flow does not look strong enough to justify holding. Too many questions remain unanswered with too little execution to keep giving the stock time just because it is down; Uber and Netflix offer higher conviction. x.com 

Netflix faces high costs to keep producing major hits, while live TV is expensive and competitive and viewing habits are changing rapidly. It remains a good business and the stock should eventually find support, but even after its decline it is not appealing at this level. x.com 

Skydance Paramount should probably be a ~$4 stock because, unlike Paramount and Warner Bros. Discovery, it cannot break up or sell; the only way out is through. It starts almost 7x levered, needs mid-single-digit growth and $6B of synergies from two gutted companies, and interest is 150% of FCF as rates rise. Generative content and short-form video are existential threats, and any revenue decline makes sports rights unaffordable. Netflix has ~30% odds of a shot at the WB studio in a bankruptcy. … Show more

Netflix is solidifying its dominance as the secular winner of the streaming wars, using global scale to dismantle linear TV. With 325M+ subscribers, strong content drives a loop of more subscribers and revenue, while the ad tier expands its market with high-margin revenue. Projected 2026-2028 growth of 21% in operating income and 24% in EPS justifies a premium. High Conviction Overweight, $120 December 2026 target, about 30x 2027 EPS of $4.01. Risks: rising content spend, EU regulation. x.com 

Comcast and Charter now have a clear catalyst path to higher free cash flow per share from what were already the cheapest valuations in the S&P 500. Comcast's NBCUniversal spinoff, Brian Roberts stepping down and former CFO Michael Angelakis returning as CEO look like a precursor to merging Comcast with Charter, possibly next year once Charter's Cox deal closes. Netflix may buy NBCU at a healthy multiple. Both are very crowded shorts, echoing Warner Bros. Discovery in summer 2025. x.com  x.com  … Show more

Netflix's pricing lever is nearly tapped, so its multiple should rerate from growth toward utility. Per a post the author replies to, revenue grew 13.4% while viewing hours grew only 2%, leaving price hikes, ads and mix to drive the rest; with so little real viewing growth, the guide-down explains why the beat sold off. x.com 

MNTN trades at a 70% discount for a profitable connected-TV advertising category leader. After IPOing at $16, running to $32 and crashing to $8, the business still grew revenue 36% with an 82% gross margin, earned $34.5M of net profit in Q4 and holds $210M of cash with no debt. x.com 

Netflix may take a while to win back investor comfort without Reed Hastings, while it also deals with viewers shifting to YouTube. Its chart looks almost identical to Robinhood's, and the gap up from $85 looks like a better entry, depending on holding period. Long term it is still one of the cheapest forms of entertainment. x.com