$(PARA)$ $(DIS)$ BET was valued at $2.7 billion when it was acquired by Viacom in 2000 (Now rebranded as Paramount), a hefty $38/sub and more than 21x cash flow. However, it is unlikely to fetch anywhere near that in this environment.

In the 2000’s, cable networks typically changed hands in the range of 14-20x cash flow, or Earnings Before Interest, Depreciation, Taxes and Amortization (EBITDA). Up until 2017, they continued to trade in the low to middle double digits. Since then, double digit deals have been rare (a notable exception being Walt DisneyDIS Company’s $36 billion acquisition of the 21st Century Fox cable networks at more than 15x cash flow in 2019).

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  • LesterTan
    ·2023-03-21
    Amazon is also investing in the entertainment industry. It has the muscle to eat others’ lunch.
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  • setia100
    ·2023-03-21
    Getting crowded 😅
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  • JaiVenky
    ·2023-03-21
    nicer
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  • Lhokie
    ·2023-03-21
    Nice
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  • CookieMon12
    ·2023-03-21
    Haha
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  • Galaxy121678
    ·2023-03-21
    ok
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  • aunteenat
    ·2023-03-21
    interesting
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  • Francislch
    ·2023-03-21
    🚀
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  • blu3ugene
    ·2023-03-21
    👍🏻
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  • saturnoziroh
    ·2023-03-21
    Ok
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  • ChosenPadawa
    ·2023-03-21
    Ok
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  • Ooi
    ·2023-03-21
    Meine
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  • Gregho
    ·2023-03-21
    😮
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  • AndyCHLim
    ·2023-03-21
    k
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