so the HB toons and the pre 1986-MGM library are split from the original turner networks?
It seems like they've been playing "hot potato" with the debt a while. I wonder if they can do that for all time?Morally this could be fraud. The bonds were sold with the studio or content creator part of the mix. I am sure the lawyers will keep this thing "legal".
IMHO who ever creates the content will survive in the long run. Movie theaters, Video rentals, OTA TV, Cable, Satellite, and Streaming are just forms of delivery for the content and are subject to technical obsoletion
Last year, the networks still made $8 billion dollars in profit (down from $9 billion in 2023). That's still a lot of money.I don't get why they don't just shut down the declining properties instead of spinning them off. That other company is heading off a cliff, as is Versant.
Couldn't they consolidate most though, so that only the "best" stays on and gets viewers shutting a lot of the dead weight down?Last year, the networks still made $8 billion dollars in profit (down from $9 billion in 2023). That's still a lot of money.
I wonder if they can do that for all time?
Couldn't they consolidate most though, so that only the "best" stays on and gets viewers shutting a lot of the dead weight down?
I don't get why they don't just shut down the declining properties instead of spinning them off. That other company is heading off a cliff, as is Versant.
Isn't that new company doomed though? It doesn't look like the Global Networks has a future at all.It's not that hard, really. Business 101.
There is money to be made from them still. But if you keep them in company A, their decline drags down the stock price. So you spin.
The biggest downside here is to the new company, which looks like it's getting left holding too much of the debt bag.
But they're billions in debt...there's got to be stuff that hadn't been paid off for years.As long as you make your payments on time.....
But they're billions in debt...there's got to be stuff that hadn't been paid off for years.
Yes, but those people aren't in debt because of it. It seems like if people get in debt, they spend outside their means.A lot of people sign 30 year mortgages to buy a house.
Yes, but those people aren't in debt because of it. It seems like if people get in debt, they spend outside their means.
I own a condo...there are monthly fees to pay it off.Do you own a house? If you have a mortgage you are in debt.
I own a condo...there are monthly fees to pay it off.
I see. So once companies start losing money, they're in trouble.There are condo fees you pay to the condo association, but there's a monthly payment on your debt to a mortgage company. It's principle and interest. If you don't pay it, they get your condo.
I see. So once companies start losing money, they're in trouble.
Or just don’t buy the stuff you can’t afford. Most of this debt goes back to AT&T.Exactly. Companies don't look at debt and say "We don't have that kind of money liquid right now". They look at the debt service---how much is it a month to pay the lenders as agreed---and say "does our cash flow cover it?"
We're talking about companies---even in the spinoff group---that are still raking in significant cash flow.
The downside is that however much money goes to debt service every month is money that otherwise (if you didn't have the debt) could be re-invested in equipment, facilities, programming or staff---or just chalked up as massive profit.
Or just don’t buy the stuff you can’t afford. Most of this debt goes back to AT&T.
Isn’t it more get the stock price up quick and worry about it later.Define "afford". Is it "cash on hand" or is it "cash flow covers the monthly loan payment"?