companies, one that s a cable distribution company. one that s a content company? it s being vertically integrated, meaning you have the content that needs to be distributed and that s more powerful as a company. and that, is that something that provides them with enough savings that the investor can then benefit from that? absolutely. and they can make better programming for their customers. they can target their audiences better because they have the distribution and the content. so compare that to the other companies out there. like cbs, like time warner, the parent of this company, like disney, who do you like right now? our largest holding is comcast. we look at the stocks, typically on price-to-ebita, which is another word for price to cash flow. and comcast typically trades at a discount because it was seen really as a cable or just a distribution company. typically the content companies are have a higher value. and they trade at typically a range of seven to 13 times
consumers. there s a list of conditions placed on the new company. consumers are still concerned about higher cable prices and fees for content that used to be free. but what about the other side? what about investing in this new company or other stocks in the media sector? diane jaffe is group managing director a firm that manages for investment funds and big investors, your company s two media holdings are comcast and cbs. full disclosure is time warner, the parent company of this network. let s start with comcast. they re in the news, this deal with nbc, the takeover really of nbc universal. do you like the deal? and do you think investors can benefit from it? we do like this deal. comcast is transforming itself from a cable distribution company into a full diversified media company. now with content and distribution. how does that make a merged company, let s say, more valuable than those stand-alone
companies? one that s a cable distribution company, one that s a content company? it s being vertically integrated, meaning you have the content that needs to be distributed and that s more powerful as a company. and that s is that something that provides them with enough savings that the investor can benefit from that? absolutely. they can make better programming for their customers. they can target audiences better because they have the distribution and the content. compare that to the other companies out there, like cbs, like time warner, parent of this company, like disney, who do you like right now? our largest holding is comcast and we look at these stocks typically on price to cash flow. comcast typically trades at a discount because it was seen really as a cable or adjusted distribution company. typically the content companies are have a higher value and they trade at typically a range of seven to 13 times price to