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Mr. Beat Up

👤 Speaker
190 total appearances
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Appearances Over Time

Podcast Appearances

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

He's like, I love that inventory.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

All right.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

So that is the first point on our business of sports roundup.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

We've got three to go, so let's keep moving.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

The NBA, so the Knicks, they have just gone on a generational run and won the NBA finals in five, but that's not the only Knicks generational run we're seeing.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

Its owner has also been on an incredible stock market run.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

It's nuts, isn't it?

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

Now, there's obviously some business stories that are underlying some of this growth, but a large part of it is just correlated to if the teams are going well, they're making more money.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

Obviously, in the NBA, you're playing a heap more games through the finals.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

It's good for the owners.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

I think the tickets were very expensive and then the secondary market was even higher.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

But I think so Madison Square Gardens is, there's two separate companies and I think the actual stadium is owned in Madison Square Garden Entertainment Corp, not Sports Corp.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

It's like Formula One.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

Liberty Media decided to split it into three different share classes.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

That they brought in that much?

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

Well, it's because they didn't sell tickets.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

It was pay-per-view.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

And, like, so they would have made TV revenue.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

But think about UFC fights that are in, like, big stadiums and stuff.

Equity Mates Investing Podcast
What’s a hydration break worth & Mr Beat-Up divides Bryce and Ren

This was invite-only, and there was, like, a couple of thousand people.