RE:RE:Neulion has good serviceWell I see no chance at all they get close to 10-14. I bet bamtech is 3-5x more revenue then Neulion currently and possibly growing at a larger rate and higher potential with owning rights. Id assume their revenue from the NHL alone is more then 100m. If they were willing to pay that much for rights Id assume they made that much back owning the rights.
Even if you compared disney deal to Neulion not sure how you get to 10-14. What some articles suggested disney paid 12.2x revenue for bamtech that would put neulion at $4.5 max. A year ago I suggested they would be in teh range of 2.5-3.2. Because they don't own any rights and the technology isnt really protected. From what Ive read some have said to develop good streaming could cost anywhere from 800m to over a billion so unless the company gets massive revenues why buy them out for more. 500m-750m buyout id guess is resonable for where neulion is at now. There has been no big movement in any deals so if growth is already stagnate why pay more. low end $1.85- high end is $2.77. Plus whoever buys them will need deep pockets and invest more in the company. Only way they survive is if someone comes in with lots of money in the bank.