HMTV

Hemisphere Media Group Inc

TMT, Event Driven/Special Sit, SPAC


Presented:04/20/2016
Price:$12.63
Cap:$0.57B
Current Price:$7.15
Cap:$0.29B

Presented

Date04/20/2016
Price$12.63
Market Cap$0.57B
Ent Value$0.70B
P/E Ratio39.47x
Book Value$6.14
Div Yield0%
Shares O/S44.85M
Ave Daily Vol63,235
Short Int105.77%

Current

Price$7.15
Market Cap$0.29B
Hemisphere Media Group, Inc. operates as a pure-play media company, which focuses on the Hispanic TV and cable networks business. It owns and operates Hispanic and Latin American cable networks and broadcast television network in Puerto Rico. The company owns and operates the following Spanish language networks and content platform: Cinelatino, WAPA, WAPA America, Pasiones, Centroamerica and Television Dominicana. The Cinelatino platform consists of Spanish-language cable movie network in Latin America, Canada and the United States. The WAPA platform is a broadcast television network and television content producer in Puerto Rico. The WAPA2 Deportes platform operates as a sports television network and it also operates WAPATV platform offers broadband news and entertainment websites. The WAPA America platform offers news and entertainment to the Puerto Ricans and other Caribbean Hispanics in the United States. The Pasiones platform offers cable television network dedicated to showcasing the best telenovelas and serialized dramas, licensed from the most important producers. The Centroamerica TV platform offers cable television network targeting Central Americans. The Television Dominicana platform offers cable television network targeting Dominicans living in the U.S., the fourth largest U.S. Hispanic group. Hemisphere Media Group was founded on January 16, 2013 and is headquartered in Coral Gables, FL.

Publicly traded companies mentioned herein: DISH Network Corp (DISH), Grupo Televisa SAB (TV), Hemisphere Media Group Inc (HMTV), Liberty Global Plc LiLAC (LILA), 

Highlights

The presenter is long shares of Hemisphere Media (HMTV), citing four major reasons that could lead to meaningful growth: a large opportunity to realize more upside through retransmission fees in the Puerto Rican market, better affiliate fees and advertising revenue from Cinelatino and Pasiones, the possibility of better Mexican distribution, and the potential for some sort of partnership with LiLAC.

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Idea Discussion

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