The “Empire” Wall Street Effect

TvOne (ROIAK) Stock Doubles After Aqcuiring Empire

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Andre Spivey

Andre has over 10 years of experience in Tech and Start-ups ranging from the advanced tech in the US Air Force to building his own educational software company Live 2 Learn Differently. His is a proud graduate of Morris Brown College and Cornell University.
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I’ll admit I’m not a huge fan of the Fox hit show Empire. It’s an okay show, with average writing, usual concepts, but excellent actors. The actors on the show take a concept and script that isn’t overly artful and make it into magic!  This is normal Hollywood fashion; truthfully, the Empire script and concept is more entertaining and more complex than most Hollywood blockbusters, but that’s just how entertainment works. Nobody can deny the show has had a major impact on the entertainment industry, specifically when it comes to regular network television. At a time where Fox, was very confused about its’ vision, and what could work, just when Netflix and other streaming services were able to put the old networks out of their misery Empire, has given Fox it’s breathe for a while longer. At the very least, they have given cable companies some time to figure a way to adjust to the new era, where television sets become irrelevant and mobile phones replaces the cable box. (thanks to the new FCC rules).

This show demands nearly $1 Million for 30 second spots on a weekly basis and has millions of viewers tune in, not to mention, those whom stream the show later. It is difficult to measure the wall street effect of the company on FoxA (21st Century Fox), due to the company itself being in a lull and having multiple profit issues. However, Tv One has recently picked up the show for summer re-runs, and we can immediately measure its’ effect. As a disclosure, I must say hat I am a owner of ROIAK (RadioOne/TvOne) stock, therefore I am giving you information based on what I have noticed and observed over the past month.  Since announcing pick-up of the show, ROIAK has literally doubled it’s stock price.  This has a lot to do with Tv One, being in the right place and making the right moves at the right times. They’ve bought out their partner Comcast and taken full ownership of their company. They also staged a stock buy-back (which is usually a good sign) and now they’ve announced the rights to Empire’s initial seasons for the summer!  I am not recommending a stock, or suggesting a stock purchase, I am merely telling you my experience over the past month. For true stock and investment advice, please contact a professional broker or financial planner. What I can tell you is that over the last month ROIAK went from about $1 per share to 2$ or $2.50 per share, where it goes from here, who knows.   The company will have to adjust to the next generation that wants to view shows on mobile devices and avoid cable providers.  For more information on the stock market, financial planning and investments concerning this article check out the links below:

 

http://www.adweek.com/news/television/tv-one-just-nabbed-cable-rights-foxs-smash-hit-empire-170825

http://www.marketwatch.com/investing/stock/foxa

http://www.ibtimes.com/21st-century-fox-foxa-q3-earnings-empire-helps-profits-flat-amid-lower-tv-viewership-1911457

http://finance.yahoo.com/q?s=ROIAK

 

Featured image from newsone.com


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