Zack Silver on Liberty Media Investor Day and CuriosityStream (CURI)
Zack Silver, an analyst at B. Riley, recaps what happened at Liberty Media's Investor Day, including Liberty's bullishness for tech companies, Liberty's plan to launch a SPAC, and how Liberty has handled the pandemic overall. Then, we discuss his newest coverage, CuriosityStream (CURI), a new streaming service that recently went public through a SPAC.Chapters0:00 Intro and Background3:30 What separates the best buy-siders Zack interacts with7:00 Shentel (SHEN): the most interesting stock in Zack's universe9:20 WideOpenWest (WOW): the most undervalued name in his coverage11:30 Takeaways from Liberty Investor Day14:20 Liberty SPAC discussion21:40 Does Liberty have tech platform envy?23:10 How did Liberty respond to the pandemic? Were they aggressive enough?25:50 Zack's bull case for SiriusXM (SIRI)28:00 Brief technical issues causes Andrew to slightly panic28:45 Technical issues end, panic stops, SIRI bull case resumes36:59 CuriosityStream (CURI) background and overview40:34 Why would someone pay for CURI when they have Netflix?44:30 Is CURI better as an acquisition target than standalone?51:41 Can CURI succeed if Discovery gets more serious about D2C?56:50 Is Zack more worried about Discovery or Netflix competing with CURI?1:02:10 If CURI works, what do they look like three to five years from now?