First off, I am an investor in TWX. I have a very small stake in the company. The news of TWX's desire to acquire MGM will bring much needed media content to the company. In addition, if the US can ever reach a high broadband penetration rate, I think TWX can feed the content through the AOL pipe. If not, TWX would be wise to provide the content to Japanese and Korean broadband content services.
As I wrote a week or so ago, I finally got my home wired for FTTH. With that blazing download speed, I can't find enough valuable media content out there to use the bandwidth. I would really like to see how good the quality of video will be if I can sit through a James Bond flick. Or perhaps, I would love to sit down and watch the entire LOTR trilogy via the Net.
You know, maybe Richard Parsons was not so dumb after all: He decided to hang onto AOL for the time being. If the MGM deal goes through, AOL can definitely benefit from the added content.
Disclaimer: I am a shareholder in Time Warner. I bought my shares when the company was still called AOL Time Warner. The views expressed in my blog should not be used to make any investment decisions. If you decide to invest your hard-earned money into TWX shares, don't come complaining to me if you don't turn a decent profit out of the investment. I plan on holding my shares for the long-term. So, my time horizon is viewed in years and not in days.
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