RE:RE:RE:RE:RE:Earnings after the bellNedward wrote: Meh, not quite sure we will move positively tomorrow. Good news : better than expected revenue and eps by a bit. Bad news : spark still down 60 %, leverage at 5.70 (up 0.3 from Q4, and they expect it to go up). I have a feeling that the decrease of the revenue of Spark is more because of the policy change of Youtube then covid19. Youtube had a good quarter even if the covid is still there. If my statement is true, this is really bad news for wildbrain. Unless the sales team is ready to rumble (no news about that also ...) As for the leverage, we will hit higher than 6 ... i'm scared that we will be close of the famous 6.75. If we have no big announcement soon or if spark doesn't go up ... not sure what they will do. IMO a fine quarter but i wouldn't understand a big investor going in ... the leverage is too risky.
The new Apple/Peanuts deal is the biggest in the companies history. Spark doesn't make even a little close to Peanuts even without the new YT rules. The strategy is high end IP sales fueling everything else, including existing library sales.