Intrinsic value of Viacom Cl B - VIAB

Previous Close

$32.57

  Intrinsic Value

$64.48

stock screener

  Rating & Target

str. buy

+98%

Previous close

$32.57

 
Intrinsic value

$64.48

 
Up/down potential

+98%

 
Rating

str. buy

We calculate the intrinsic value of VIAB stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 11.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  13,528
  13,839
  14,195
  14,594
  15,037
  15,522
  16,051
  16,623
  17,240
  17,901
  18,609
  19,364
  20,169
  21,023
  21,930
  22,891
  23,908
  24,984
  26,121
  27,321
  28,587
  29,923
  31,331
  32,814
  34,376
  36,021
  37,752
  39,574
  41,490
  43,506
Variable operating expenses, $m
  10,772
  10,992
  11,243
  11,526
  11,839
  12,183
  12,557
  12,962
  13,398
  13,866
  13,169
  13,704
  14,273
  14,878
  15,520
  16,200
  16,920
  17,681
  18,485
  19,335
  20,231
  21,176
  22,172
  23,222
  24,328
  25,492
  26,717
  28,006
  29,362
  30,789
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  10,772
  10,992
  11,243
  11,526
  11,839
  12,183
  12,557
  12,962
  13,398
  13,866
  13,169
  13,704
  14,273
  14,878
  15,520
  16,200
  16,920
  17,681
  18,485
  19,335
  20,231
  21,176
  22,172
  23,222
  24,328
  25,492
  26,717
  28,006
  29,362
  30,789
Operating income, $m
  2,757
  2,848
  2,952
  3,068
  3,198
  3,340
  3,494
  3,661
  3,842
  4,035
  5,440
  5,660
  5,895
  6,145
  6,410
  6,691
  6,989
  7,303
  7,635
  7,986
  8,356
  8,747
  9,158
  9,592
  10,049
  10,529
  11,035
  11,568
  12,128
  12,717
EBITDA, $m
  4,189
  4,285
  4,395
  4,519
  4,656
  4,806
  4,970
  5,147
  5,338
  5,542
  5,762
  5,995
  6,244
  6,509
  6,790
  7,087
  7,402
  7,735
  8,087
  8,459
  8,851
  9,265
  9,700
  10,160
  10,643
  11,152
  11,688
  12,253
  12,846
  13,470
Interest expense (income), $m
  635
  600
  618
  641
  666
  695
  727
  762
  800
  841
  885
  933
  983
  1,038
  1,096
  1,157
  1,222
  1,291
  1,364
  1,441
  1,523
  1,609
  1,700
  1,796
  1,897
  2,004
  2,116
  2,234
  2,359
  2,490
  2,627
Earnings before tax, $m
  2,156
  2,229
  2,311
  2,402
  2,503
  2,613
  2,732
  2,862
  3,001
  3,150
  4,507
  4,677
  4,858
  5,050
  5,253
  5,469
  5,698
  5,939
  6,194
  6,463
  6,747
  7,047
  7,362
  7,694
  8,045
  8,413
  8,801
  9,209
  9,639
  10,090
Tax expense, $m
  582
  602
  624
  649
  676
  705
  738
  773
  810
  850
  1,217
  1,263
  1,312
  1,363
  1,418
  1,477
  1,538
  1,604
  1,672
  1,745
  1,822
  1,903
  1,988
  2,078
  2,172
  2,272
  2,376
  2,486
  2,602
  2,724
Net income, $m
  1,574
  1,627
  1,687
  1,753
  1,827
  1,907
  1,995
  2,089
  2,191
  2,299
  3,290
  3,414
  3,546
  3,686
  3,835
  3,993
  4,159
  4,335
  4,522
  4,718
  4,925
  5,144
  5,374
  5,617
  5,873
  6,142
  6,425
  6,723
  7,036
  7,366

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  24,158
  24,713
  25,348
  26,061
  26,852
  27,718
  28,662
  29,684
  30,785
  31,967
  33,231
  34,579
  36,015
  37,541
  39,161
  40,877
  42,694
  44,615
  46,644
  48,788
  51,049
  53,434
  55,948
  58,596
  61,386
  64,323
  67,415
  70,668
  74,090
  77,690
Adjusted assets (=assets-cash), $m
  24,158
  24,713
  25,348
  26,061
  26,852
  27,718
  28,662
  29,684
  30,785
  31,967
  33,231
  34,579
  36,015
  37,541
  39,161
  40,877
  42,694
  44,615
  46,644
  48,788
  51,049
  53,434
  55,948
  58,596
  61,386
  64,323
  67,415
  70,668
  74,090
  77,690
Revenue / Adjusted assets
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
  0.560
Average production assets, $m
  7,021
  7,183
  7,367
  7,574
  7,804
  8,056
  8,330
  8,627
  8,947
  9,291
  9,658
  10,050
  10,467
  10,911
  11,382
  11,880
  12,408
  12,967
  13,557
  14,180
  14,837
  15,530
  16,261
  17,030
  17,841
  18,695
  19,593
  20,539
  21,534
  22,580
Working capital, $m
  690
  706
  724
  744
  767
  792
  819
  848
  879
  913
  949
  988
  1,029
  1,072
  1,118
  1,167
  1,219
  1,274
  1,332
  1,393
  1,458
  1,526
  1,598
  1,674
  1,753
  1,837
  1,925
  2,018
  2,116
  2,219
Total debt, $m
  11,453
  11,867
  12,341
  12,872
  13,460
  14,106
  14,810
  15,571
  16,391
  17,271
  18,213
  19,218
  20,287
  21,424
  22,631
  23,909
  25,263
  26,694
  28,206
  29,803
  31,488
  33,264
  35,137
  37,110
  39,189
  41,377
  43,680
  46,103
  48,653
  51,335
Total liabilities, $m
  17,997
  18,411
  18,885
  19,416
  20,004
  20,650
  21,354
  22,115
  22,935
  23,815
  24,757
  25,762
  26,831
  27,968
  29,175
  30,453
  31,807
  33,238
  34,750
  36,347
  38,032
  39,808
  41,681
  43,654
  45,733
  47,921
  50,224
  52,647
  55,197
  57,879
Total equity, $m
  6,160
  6,302
  6,464
  6,646
  6,847
  7,068
  7,309
  7,569
  7,850
  8,151
  8,474
  8,818
  9,184
  9,573
  9,986
  10,424
  10,887
  11,377
  11,894
  12,441
  13,018
  13,626
  14,267
  14,942
  15,653
  16,402
  17,191
  18,020
  18,893
  19,811
Total liabilities and equity, $m
  24,157
  24,713
  25,349
  26,062
  26,851
  27,718
  28,663
  29,684
  30,785
  31,966
  33,231
  34,580
  36,015
  37,541
  39,161
  40,877
  42,694
  44,615
  46,644
  48,788
  51,050
  53,434
  55,948
  58,596
  61,386
  64,323
  67,415
  70,667
  74,090
  77,690
Debt-to-equity ratio
  1.860
  1.880
  1.910
  1.940
  1.970
  2.000
  2.030
  2.060
  2.090
  2.120
  2.150
  2.180
  2.210
  2.240
  2.270
  2.290
  2.320
  2.350
  2.370
  2.400
  2.420
  2.440
  2.460
  2.480
  2.500
  2.520
  2.540
  2.560
  2.580
  2.590
Adjusted equity ratio
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255
  0.255

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  1,574
  1,627
  1,687
  1,753
  1,827
  1,907
  1,995
  2,089
  2,191
  2,299
  3,290
  3,414
  3,546
  3,686
  3,835
  3,993
  4,159
  4,335
  4,522
  4,718
  4,925
  5,144
  5,374
  5,617
  5,873
  6,142
  6,425
  6,723
  7,036
  7,366
Depreciation, amort., depletion, $m
  1,432
  1,437
  1,443
  1,450
  1,458
  1,466
  1,475
  1,485
  1,496
  1,507
  322
  335
  349
  364
  379
  396
  414
  432
  452
  473
  495
  518
  542
  568
  595
  623
  653
  685
  718
  753
Funds from operations, $m
  3,006
  3,064
  3,130
  3,204
  3,285
  3,374
  3,470
  3,574
  3,687
  3,807
  3,612
  3,749
  3,895
  4,050
  4,214
  4,389
  4,573
  4,768
  4,973
  5,191
  5,420
  5,662
  5,916
  6,185
  6,467
  6,765
  7,078
  7,407
  7,754
  8,118
Change in working capital, $m
  14
  16
  18
  20
  23
  25
  27
  29
  31
  34
  36
  39
  41
  44
  46
  49
  52
  55
  58
  61
  65
  68
  72
  76
  80
  84
  88
  93
  98
  103
Cash from operations, $m
  2,992
  3,049
  3,112
  3,183
  3,262
  3,349
  3,443
  3,545
  3,655
  3,773
  3,576
  3,711
  3,854
  4,006
  4,168
  4,340
  4,521
  4,713
  4,916
  5,130
  5,355
  5,594
  5,845
  6,109
  6,388
  6,681
  6,990
  7,314
  7,656
  8,016
Maintenance CAPEX, $m
  -229
  -234
  -239
  -246
  -252
  -260
  -269
  -278
  -288
  -298
  -310
  -322
  -335
  -349
  -364
  -379
  -396
  -414
  -432
  -452
  -473
  -495
  -518
  -542
  -568
  -595
  -623
  -653
  -685
  -718
New CAPEX, $m
  -143
  -161
  -185
  -207
  -230
  -252
  -274
  -297
  -320
  -343
  -367
  -392
  -417
  -444
  -471
  -499
  -528
  -558
  -590
  -623
  -657
  -693
  -731
  -770
  -811
  -854
  -899
  -945
  -995
  -1,046
Cash from investing activities, $m
  -372
  -395
  -424
  -453
  -482
  -512
  -543
  -575
  -608
  -641
  -677
  -714
  -752
  -793
  -835
  -878
  -924
  -972
  -1,022
  -1,075
  -1,130
  -1,188
  -1,249
  -1,312
  -1,379
  -1,449
  -1,522
  -1,598
  -1,680
  -1,764
Free cash flow, $m
  2,620
  2,653
  2,688
  2,731
  2,780
  2,837
  2,900
  2,971
  3,048
  3,132
  2,899
  2,997
  3,102
  3,214
  3,334
  3,461
  3,597
  3,741
  3,893
  4,055
  4,225
  4,406
  4,596
  4,797
  5,009
  5,233
  5,468
  5,716
  5,977
  6,252
Issuance/(repayment) of debt, $m
  334
  414
  473
  531
  589
  646
  703
  761
  820
  880
  942
  1,005
  1,070
  1,137
  1,206
  1,279
  1,353
  1,431
  1,512
  1,597
  1,685
  1,777
  1,873
  1,973
  2,078
  2,188
  2,303
  2,424
  2,550
  2,682
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  334
  414
  473
  531
  589
  646
  703
  761
  820
  880
  942
  1,005
  1,070
  1,137
  1,206
  1,279
  1,353
  1,431
  1,512
  1,597
  1,685
  1,777
  1,873
  1,973
  2,078
  2,188
  2,303
  2,424
  2,550
  2,682
Total cash flow (excl. dividends), $m
  2,955
  3,067
  3,161
  3,262
  3,369
  3,483
  3,604
  3,732
  3,868
  4,012
  3,841
  4,001
  4,172
  4,351
  4,540
  4,740
  4,950
  5,172
  5,406
  5,651
  5,910
  6,183
  6,469
  6,770
  7,087
  7,421
  7,771
  8,139
  8,527
  8,933
Retained Cash Flow (-), $m
  -125
  -142
  -162
  -182
  -201
  -221
  -241
  -261
  -281
  -301
  -322
  -344
  -366
  -389
  -413
  -438
  -463
  -490
  -518
  -547
  -577
  -608
  -641
  -675
  -711
  -749
  -788
  -830
  -873
  -918
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  2,829
  2,925
  2,999
  3,080
  3,167
  3,262
  3,363
  3,471
  3,587
  3,710
  3,518
  3,658
  3,805
  3,962
  4,127
  4,302
  4,487
  4,682
  4,888
  5,105
  5,334
  5,574
  5,828
  6,095
  6,376
  6,672
  6,983
  7,310
  7,654
  8,016
Discount rate, %
  8.50
  8.93
  9.37
  9.84
  10.33
  10.85
  11.39
  11.96
  12.56
  13.19
  13.85
  14.54
  15.26
  16.03
  16.83
  17.67
  18.55
  19.48
  20.46
  21.48
  22.55
  23.68
  24.86
  26.11
  27.41
  28.78
  30.22
  31.73
  33.32
  34.99
PV of cash for distribution, $m
  2,608
  2,466
  2,292
  2,116
  1,937
  1,758
  1,580
  1,406
  1,237
  1,075
  845
  717
  600
  494
  400
  318
  249
  190
  142
  104
  75
  52
  35
  23
  15
  9
  6
  3
  2
  1
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Viacom Inc. offers global media brands that create television programs, motion pictures, short-form content, applications, games, consumer products, social media experiences and other entertainment content. As of September 30, 2016, the Company offered its services for audiences in more than 180 countries. The Company operates through two segments: Media Networks and Filmed Entertainment. The Media Networks segment creates, acquires and distributes programming and other content for audiences The Media Networks segment provides entertainment content and related branded products for advertisers, content distributors and retailers. The Filmed Entertainment segment produces, finances, acquires and distributes motion pictures, television programming and other entertainment content under the Paramount Pictures, Paramount Vantage, Paramount Classics, Paramount Animation, Insurge Pictures, Nickelodeon Movies, MTV Films and Paramount Television brands.

FINANCIAL RATIOS  of  Viacom Cl B (VIAB)

Valuation Ratios
P/E Ratio 7
Price to Sales 1
Price to Book 2.2
Price to Tangible Book
Price to Cash Flow 7.8
Price to Free Cash Flow 8.9
Growth Rates
Sales Growth Rate 6.2%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 13.4%
Cap. Spend. - 3 Yr. Gr. Rate 9.7%
Financial Strength
Quick Ratio 73
Current Ratio 0
LT Debt to Equity 183.9%
Total Debt to Equity 184.2%
Interest Coverage 4
Management Effectiveness
Return On Assets 10.5%
Ret/ On Assets - 3 Yr. Avg. 9.9%
Return On Total Capital 11.2%
Ret/ On T. Cap. - 3 Yr. Avg. 10.7%
Return On Equity 36.3%
Return On Equity - 3 Yr. Avg. 42%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 43.9%
Gross Margin - 3 Yr. Avg. 46.2%
EBITDA Margin 23.1%
EBITDA Margin - 3 Yr. Avg. 23.7%
Operating Margin 20.9%
Oper. Margin - 3 Yr. Avg. 21.5%
Pre-Tax Margin 16.7%
Pre-Tax Margin - 3 Yr. Avg. 17.2%
Net Profit Margin 14.1%
Net Profit Margin - 3 Yr. Avg. 13.4%
Effective Tax Rate 13.2%
Eff/ Tax Rate - 3 Yr. Avg. 19.8%
Payout Ratio 17%

VIAB stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the VIAB stock intrinsic value calculation we used $13263 million for the last fiscal year's total revenue generated by Viacom Cl B. The default revenue input number comes from 0001 income statement of Viacom Cl B. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our VIAB stock valuation model: a) initial revenue growth rate of 2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 8.5%, whose default value for VIAB is calculated based on our internal credit rating of Viacom Cl B, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Viacom Cl B.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of VIAB stock the variable cost ratio is equal to 79.8%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for VIAB stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Viacom Cl B.

Corporate tax rate of 27% is the nominal tax rate for Viacom Cl B. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the VIAB stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for VIAB are equal to 51.9%.

Life of production assets of 57.4 years is the average useful life of capital assets used in Viacom Cl B operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for VIAB is equal to 5.1%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $6035 million for Viacom Cl B - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 352.974 million for Viacom Cl B is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Viacom Cl B at the current share price and the inputted number of shares is $11.5 billion.

RELATED COMPANIES Price Int.Val. Rating
CBS CBS Cl B 57.13 66.10  buy
CMCSA Comcast Cl A 38.00 50.58  buy
DISCA Discovery Seri 32.41 1,855.95  str.buy
NFLX Netflix 294.07 364.74  hold
DIS Walt Disney 116.70 221.57  str.buy
AMZN Amazon.com 1,636.85 2,694.69  buy

COMPANY NEWS

▶ 10 Best Value Stocks to Buy Now   [Nov-12-18 12:49PM  Kiplinger]
▶ MTV buys SnowGlobe Music Festival   [10:55AM  American City Business Journals]
▶ Paramount Ranch, set of Westworld, burns down in Woolsey fire   [05:55PM  American City Business Journals]
▶ 3 Big Stock Charts for Tuesday: Ventas, Verizon and Viacom   [Nov-06-18 07:42AM  InvestorPlace]
▶ 'Bohemian Rhapsody' wins weekend box office   [Nov-05-18 04:58PM  Yahoo Finance Video]
▶ The Les Moonves Cloud Follows CBS   [Nov-02-18 07:07AM  Bloomberg]
▶ Viacom Announces New Structure for Media Networks Group   [Oct-25-18 02:56PM  Business Wire]
▶ Corrections & Amplifications   [Oct-22-18 07:53PM  The Wall Street Journal]
▶ Netflix has spent more than $8B on content this year   [09:23AM  American City Business Journals]
▶ [$$] MTV Owner's Streaming Strategy: If You Can't Beat Them, Feed Them   [Oct-20-18 10:46AM  The Wall Street Journal]
▶ Netflix has already spent more than $8 billion on content this year   [Oct-19-18 04:21PM  American City Business Journals]
▶ Viacom sues Netflix for poaching TV executive   [Oct-16-18 03:15PM  American City Business Journals]
▶ [$$] A Drama CBS Cant Cancelthe One in Its Boardroom   [Oct-15-18 07:54PM  The Wall Street Journal]
▶ [$$] A Drama CBS Can't Cancel---the One in its Boardroom   [06:07AM  The Wall Street Journal]
▶ Pocket.watch repackages YouTube shows for Hulu, Amazon   [Oct-11-18 05:15PM  American City Business Journals]
▶ 6 Undervalued Stocks With Predictable Business   [Oct-10-18 01:21PM  GuruFocus.com]
▶ Snapchat launches Snap Originals with slate of daily shows   [12:49PM  American City Business Journals]
▶ [$$] Viacom Taps Brian Robbins to Run Nickelodeon   [12:29AM  The Wall Street Journal]
▶ [$$] Viacom Taps Brian Robbins to Run Nickelodeon   [03:21PM  The Wall Street Journal]
▶ Is CBS Stock Ready to Produce Profits for Investors Again?   [Sep-28-18 09:51AM  InvestorPlace]
▶ College sophomore CEO on how to reach Gen Z consumers   [Sep-27-18 01:29PM  Yahoo Finance Video]
▶ Viacom taps new leaders for AwesomenessTV   [Sep-20-18 04:25PM  American City Business Journals]
▶ 'The Predator' gobbles up competition at box office   [Sep-16-18 03:43PM  Associated Press]
▶ Blues Clues Gets a New Host and a New Title!   [10:00AM  Business Wire]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.