In January & February there was a “dumb money”… or to put it more kindly, an “irrational exuberance” stock price run-up for the ‘mini streamers’ (ie. folks who are not DISNEY, NETFLIX or AT&T/HBO) as PARAMOUNT+ and DISCOVERY+ launched. The LA TIMES just did an analysis on the media stock boom about 2 weeks ago. Case in point, here is DISCOVE…
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