We are initiating sponsored research coverage of Medient Studios, Inc. (MDNT) with a $2 short term target based on DCF of a 5 year proforma of 6-8 films per year and average annual $50M EPS fully diluted primarily derived from...
Special Alert: Initiating Coverage on Medient Studios, Inc: The Next Big Thing in Movie Making is Here!One of the reasons we are so bullish on digital entertainment content creators like Medient Studio’s is this simple fact: as most people in the developed world use THREE digital screens on a daily basis—TV, smartphone and now tablet—and MANY times at least TWO at the same time---MORE compelling entertainment content is needed to feed the digital device beast.
I do my own poll every time I step on an airplane—which is weekly—on what TV shows people are watching on their iPads and Android tablets/phablets and phones. It is amazing to me to see a conservatively dress middle aged man or woman watching episodes of Duck Dynasty/Vikings/Swamp People or Breaking Bad.
But the lesson is the more ways we have to consume digital entertainment –the MORE digital entertainment we will consume. Then add the Netflix/Amazon drive to become the next HBO with their owned branded episodic programming…and the success that Netflix has had with “House of Cards”…and there is really only one conclusion: there is a gold rush happening for entertainment production.
In this content gold rush world, Medient’s strategy to become one of the lowest cost production facilities in America makes total sense. NOW add in multi-language entertainment production and I think you have a compelling investment opportunity.
The low structural costs of doing business in Savannah Georgia AND the uncapped 30% film production credits make a VERY attractive value proposition…and it’s very rare that everyday investors get a chance to directly participate as an investor in such a production facility.
Founder and Editor-in-Chief for NBTEquitiesResearch.com. Contributor and Anchor for the Fox News Channel and Fox Business Network 2000-2013. Chairman & CEO of NBT Group, Inc., a boutique private capital investment bank and investor relations organization.