Three Things (May 27th)

Commentary2 months ago
"Be smart, but never show it." - Louis B. Mayer, co-founder of MGM
1) In its second largest deal ever, Amazon will buy legendary Hollywood studio MGM
Amazon has agreed to purchase MGM for $8.45bn, a week after AT&T announced it was merging WarnerMedia with Discovery Inc. The consolidation of media assets towards streaming platforms signals the continued obsolescence of linear TV, and increases the potential for “hopping” behavior among price-sensitive consumers, who might begin to “hop” from one platform to another depending on which platform holds the moment’s most desirable content. We view this major acquisition as a determined move on Amazon’s part, substantively strengthening its ability to engage and hold its 200 million Prime members. The streaming wars are heating up, with subscriber loyalty and attention as its key battlegrounds.
2) Google lands healthcare partnership with HCA, will develop algorithms using patient records
Google continues its foray into the healthcare sector, as the company announced a multi-year deal to access patient records from HCA to develop healthcare algorithms. On the same day, England’s National Health Service announced plans to scrape and share medical histories of 55 million patients to third parties. We view the confluence of these events as further confirmation that the historically difficult-to-disrupt $3tn healthcare industry is increasing its adoption of digital technologies, likely bringing about new companies and business models in the coming years.
3) Apple expands fintech ambitions, with “Alternative Payments Manager” job listing
Apple posted an alternative payments job opening, looking for a negotiator to strike partnerships across its Wallet, Payments, and Commerce applications. While Apple could certainly generate substantial revenues from their payments business, we believe that, more broadly, Apple’s fintech ambitions will extend its ability to attract and retain users within its ecosystem, as payment functionality and data continue to be a huge driver of user stickiness across industries.

Become a Titan investor today.

Titan Invest is an SEC registered investment adviser. By using this website, you accept our Terms of Use and Privacy Policy. Titan’s investment advisory services are available only to residents of the United States in jurisdictions where Titan is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance. Account holdings are for illustrative purposes only and are not investment recommendations. The content on this website is for informational purposes only and does not constitute a comprehensive description of Titan’s investment advisory services.
Refer to Titan Invest’s Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Titan’s fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Brokerage services are provided to Titan Clients by Apex Clearing, an SEC registered broker-dealer and member FINRA/SIPC. For more information, see our disclosures. Contact: 110 Greene Street, Suite 910, New York, NY 10012. Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice.
© Copyright 2021 Whisker Technologies, Inc. All rights reserved.