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Network Media Group Inc V.NTE

Alternate Symbol(s):  NETWF

Network Media Group Inc. is a Canada-based company, which develops, produces and exploits film and television properties in addition to providing production services to third parties. The Company, through its subsidiary, Network Entertainment Inc., is a boutique film, television, and digital content production company that creates, finances and produces programming for television, digital platforms and movie audiences around the world. The Company builds its production slate in two primary forms: documentary films and docu-series. Its documentaries and documentary series showcase the lives of inspiring cultural icons and their endearing legacy as well as stories that feature A-list casts and cinematic, crafted storytelling in the worlds of music, film, comedy, sports, politics and business. Network NFT Studios collaborates with IP owners, artists, and top talent to create, distribute, and monetize digital collectibles campaigns and related initiatives in the web3 universe.


TSXV:NTE - Post by User

Comment by Milltonon Mar 01, 2021 1:38pm
220 Views
Post# 32686597

RE:RE:RE:RE:RE:RE:RE:RE:I'm in!!

RE:RE:RE:RE:RE:RE:RE:RE:I'm in!!You can keep saying there in the streaming business but that doesn't make it so.  There's a big difference between streaming and creating content, which is why Network is stuck with such a low EV/EBITDA valuation. There's no meaningful reoccurring revenue like there's is in streaming. They don't turn revenue into free cash flow. They turn revenues into further investments into creating content and then those assets quickly depreciate. Then they have to go out and get another project and start the process all over again.
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