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Brayden Dennis

πŸ‘€ Speaker
634 total appearances
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Appearances Over Time

Podcast Appearances

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

And I think it's around 80 in the U.S.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

And it will enable them to leverage that platform along with their existing assets like a Fox News, Fox Sports, Tubi, which I was not familiar with.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

I started looking at it.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

It's an ad supported streaming service.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

And the strategic logic is that in media, owning content is no longer enough.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

You want also to have a platform where people discover and watch that content.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

You're able to feed them ads.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

And the concern from investors is definitely the price here, considering that Roku has very low margins.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

And it's also been the stock has definitely been in the gutter a little bit since the pandemic.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

I think it peaked around $450, $500 a share.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

Yeah.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

Yeah.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

People were watching TV because what else could you do?

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

Trade stocks.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

That was another thing they could do.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

Trade stocks, all right.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

That's it.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

But yeah, so I think really interesting acquisition there.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

We'll see if it goes through.

The Canadian Investor
SpaceX IPO Mania, M&A Heats Up, Dollarama Rises While Dynamite and Adobe Drop

But from what I saw, I think it's likely to go through, especially when you start thinking of other behemoths in the streaming space.