So, we have never seen anything like this. A non-discriminating highly concerning virus that seems to favor the lungs and immune compromised and the seventh strain of its kind. For a lot of people, there is an inner conflict about the newly given rules to stay home and work. But what if you can’t because you have rent, food, bills and other basic financial obligations that you don’t trust the federal government to cover?
Blockchain in media and entertainment? Wait, wasn’t it associated with cryptocurrencies such as bitcoin? Yes, but it has much more potential than we believe. In the media and entertainment industry, it can assist with not just content, but protect and monetize intellectual property.
Let’s go back and have a brief overview of blockchain. It’s the type of data structure that can create a digital ledger of transactions. This ledger can be shared among a distributed network of computers. The platforms built on blockchain can record and distribute and unchallengeable version of the truth to multiple parties. This could be useful in improving the effectiveness of the value chain in the industry.
This week, Durig’s weekly bond review takes another look at a Canadian company that focuses on children’s content and brands. You may not have heard of WildBrain (formerly DHX Media), but you may know some of its beloved characters, which includes the Peanuts gang, Teletubbies, Inspector Gadget and the Degrassi franchise. WildBrain released its first quarter results for fiscal year 2020 (three months ending September 30, 2019). The company’s wildly successful YouTube Channel, WildBrain Spark, has continued its outstanding growth from the past few quarters. Along with the great news on WildBrain Spark, there were other wins in the quarter as well (see bullets above).
Russia’s Gosduma approved a new law regarding Russian individuals being designated as foreign agents if they are working with foreign news outlets and receive funding outside of Russia. Interestingly, besides one member of the Duma, 337 members voted in favor of the proposed law. It is expected to take effect on November 21. The State Duma, commonly abbreviated in Russian as Gosduma, is the lower house of the Federal Assembly of Russia, while the upper house is the Council of the Federation. The Duma headquarters are located in central Moscow, a few steps from Manege Square. Its members are referred to as deputies.
According to the new market research report “Serverless Architecture Market by Service type (Automation and Integration, Monitoring, API Management, Security, Support & Maintenance, and Training & Consulting), Deployment Model, Organization Size, Verticals, and Region – Global Forecast to 2023″, The serverless architecture market size is estimated to be $4.25 billion in 2018 and expected to reach $14.93 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 28.6% during the forecast period.
We are fortunate to live in a country and at a time when we have almost unlimited access to information — political, social and personal through many TV and radio outlets, through newspapers and through the internet. What many of us don’t always take the time to realize is that all of these outlets are businesses who have owners and motives and agendas of their own which do not always reflect truth. These businesses also have advertisers who ultimately have their own agenda which can compromise the objectivity of reporting what is true.
(all price quotes are in Canadian Dollars, CAD)
This week, Durig Capital looks at a company that focuses on children’s content and brands. DHX Media (TSX: DHX; NASDAQ: DHXM) is the company behind such well-known names as Peanuts, Teletubbies, Inspector Gadget and the Degrassi franchise. With children spending more time viewing content not only through traditional television and cable, but also on various devices with online streaming capabilities, DHX is looking to optimize its proprietary children’s content through various channels. Having acquired the rights to the Peanuts brand a few years ago, the company is now starting to realize revenues from this iconic brand through licensing agreements with retailers like Lands’ End, Baskin Robbins, Tupperware, Levi’s and Macy’s just to name a few.