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Why . Consider it overvalued. They may have the overvalued stocks that people cant live without. And, third, there are the stocks that actually represent living, breathing companies, not companies hostage to the overall gloom. They all combine. On todays like today, the bulls went out. Nasdaq climbing 1 . Lets start with the living breathing companies because thats all people were talking about today, namely the merger between at t and time warner. I right now i want to raise a larger point. The terrific ceo of time warner has been arguing with wall street for years claiming his company is worth substantially more than what its stock was selling for. While the stocks been a good one, i thought time warner traded at discount to what it was worth. The antinetwork bias has to do with time shifted programming and the endless talk about cord cutting. The Younger Generation just doesnt watch tv the way the older one does, and with a ....
Program. The Brand Ambassadors are requesting rides from lyft, recruiting the drivers resulting in canceled lyft drives. Were are joined by our bloomberg contributing editor, paul kedrosky. Are you surprised that it has gotten this down and dirty . No, not really. Travis is an aggressive business guy. The smashing out marketing is what they have done all along. The idea that you might use Brand Ambassadors to try to recruit lyft drivers to uber should not surprise us. You just wrote a big cover story on uber, they have denied this in the past. The ceo said this has not happened but also saying that he believes that competition is good. Lets take a listen to what he had to say. Competition is good for the consumer but i like to say if youre out on the court, if you are lebron james, you are going to want to dunk on somebody. Competition can be fun but it is better for th ....
A platform with 55 Million Viewers every month watching expert gamers play titles like league of legends and doda 2. Otherviewers are watching people play games. It is one of the top 15 most trafficked sites in the world than the average viewer is spending 4. 5 hours every month on the network. Those are numbers Cable Networks can only dream of. Did amazon have acquired the next espn . Joining me now is Cory Johnson Brad stone, and ethan kurzweil, who led the early investment in twitch. Is it the next espn . It could be. This is not some fringe activity people do in their basement, removed from society. This is something we all do. Think of growing up, your teenage years, watching your friends play video games or watching people play together. It is something that is universal. They have taken that experience we were ....
To all of these consumer centric tech deals. To what made them profitable and successful. Ass is kleiner bidding up much as it is snapchats dominance. These are gigantic numbers and they probably justify something in this neighborhood. It takes two to make this deal work. This is something that will continue to follow. Snapchat famously turning down that offer from mark zuckerberg. Paul kedrosky, are bloomberg contributing editor. Up next. Special, the way we watch, we look at the future of media. Welcome back to bloomberg west. A way youecial, watch focusing on the media and the evolution of what, how, you watch it. Become a hoping to bigger player in the streaming business buying switch tv for one billion dollars. They are a powerful media platform with 55 Million Viewers watching expert gamers play titles like league of legends. We spoke to a partner who led an early investment in twitch and is on the companies board. I starte ....