In terms of the content deals and the and the sports deals, what what do you like about the the what you called so-called financial engineering of the spin-offs. You know, we were talking earlier about how Netflix is what more than half, right. Half a trillion dollar stock.You look at that and all these media companies are trying to catch up. Company A spins off a division. The ETFs that own company A don't can't own company B.So if you focus on it and you figure out what the intrinsic value is, what is it ...

Sometimes the world of corporate restructuring seems like an episode of The Bachelor. What with all the theatrics of getting together and then very publicly breaking up when the partnership doesn't go as planned. Warner Brothers Discovery announcing that they would be splitting into two different companies.Changes are coming to Comcast, The media giant announcing it will spin off its cable TV channels, including MSNBC. A deal finally between CBS and Viacom. The media world has been particularly eager to bre ...

We see every year uh I add half a dozen to a dozen of these spin-offs and breakups of S&P 500 companies. The long history of that is that on average they perform average and they end up essentially receding to S&P 500 kinds of returns. Greg Taxin is the managing member of Spotlight Adviserss, consulting with corporate boards on activist shareholder campaigns, shareholder proposals, and capital structure debates.There are outliers where splitting a business makes a lot of sense and can actually add value bot ...