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NBA At Disney World Wide of Sports

The latest rumors coming out of the NBA corporate front office is that the NBA season will resume in Orlando, Florida. ESPN (Owned by Disney) is the most lucrative T.V. deal the NBA has. Therefore, the perfect situation is aligning for the NBA and Disney, where we will watch the NBA at Disney World Wide of Sports. The House of Mouse will be the best place to watch basketball in the country, who would have ever guessed?

Key Quote and Facts

First, the NBA stated “We are confident we’ll be hosting the NBA in some fashion,” a Disney source told reporter Keith Smith. “It may not be the entire league, but we believe the NBA will be here to at least finish part of their season. Still hurdles to cross, but we are preparing as if that is the case.”
Next, the NBA has been considering locations such as Disney, Vegas, and Texas.
Board of Governors held virtual meeting where there was “optimism” about the opportunity to play in the State of Florida.
Players have limited time to prime their bodies for playoff level competition.

Will The Players Approve?

Initial comments from players make it seem as if they are ready to start playing again and are happy to do it in Florida. However, they want to make sure that they can stay healthy, get paid, and compete at the highest level. Lebron James is pushing for his fourth NBA championship. It would be a royal shame if he didn’t at least get a chance to win a title at the “Most Magical Place on Earth”.

Should NBA Resume?

Let’s Talk $$$

The NBA as a company stands to lose over $1 billion dollars if the season remains on paused or cancelled. Subsequently, the NBAPA (Players) stands to collectively lose $600 million through the end of the season. This accounts for wages and bonuses for the players.

In the immediate term, if the NBA Playoffs or regular season are held at Disney, there will be ridiculous demand for tickets. For many in the area the amount of basketball talent in one city will be akin to the Olympics. The NBA aficionado hopefully will have the chance to safely view many NBA games at the “Happiest Place On Earth”.

Oddly Observant View

The happenstance of Disney owning a fully functioning sports complex is too good a deal to pass up for the NBA. With billions of dollars on the line it is a great possible situation for the fans, teams, players, and league to get what they want safely. In our view looking into the future, we see the Lakers winning a historic championship at Disney World. Fitting for King James.

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May 21, 2020 oddlyobservant Bussiness, Future, NBA, Sports Comments Off

Spotify Stock Is Up $10 Billion in Value

Spotify investors this week began to understand why it will be the audio power house for decades to come. Off the heels of the Joe Rogan Experience licensing deal Spotify stock is up ~30%. This equates to an equivalent equity value worth about $10 billion dollars in market cap.

Additionally, the new world realities of COVID-19 causes investors to value companies higher that thrive in a remote-first environment. Subsequently, seeing Spotify stock up so much in a short period of time signals a paradigm shift in the viability of the business model from capital allocators.

Likewise, the JRE deal was the first major domino to fall for Spotify in acquiring talent in the upcoming years. Spotify has the technology to support everything a music, podcast, or video creator could need when expanding their brand.

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Spotify’s Stock Future

Spotify’s stock is attempting to surpass its previous all-time highs post-IPO. The company has never been as well set as it is currently. Historically low interest rates and constant cash flow from monthly subscriptions have left Spotify as well capitalized as ever in its history.

Meanwhile, the new found increase in share value should result in increased spending in R&D, content creation, and creator partnering. Spotify will emerge as an omnipresent audio conglomerate as present as Youtube this decade.

To stay up to date on the latest Spotify stock price, company fundamentals, and news visit Trading View!

Spotify stock up ; Trading View — $SPOT vs. $SPX

Oddly Observant Conclusion

Spotify had a generational moment yesterday; investors recognize the consumer behavior monetization that Spotify was aware of all along. Spotify will morph into a Netflix like audio conglomerate that is the staple infrastructure for audio globally. Daniel Ek will without a doubt use new additional wealth to propel Spotify into audio dominance for years to come. The stock will likely pass all time highs.

Lastly, for information on the stock market and Spotify listen to the Oddly Observant podcast on iTunes.

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May 20, 2020 oddlyobservant Bussiness, Future, Stocks Comments Off

Joe Rogan and Spotify Sign Exclusive Deal For the JRE

The media world paused for a moment today as the news broke the headlines “Spotify signs Joe Rogan to Spotify Exclusive starting September 1st”. Spotify cemented its role as the lead company in the podcast industry today.

Joe Rogan will still hold all creative control of the podcast. However, the JRE Podcast will no longer be on Youtube in its full length format. Only clips from the episodes will remain on Youtube after 2020. The whole JRE Library including video will be moved to Spotify exclusively; Spotify just made a generational power play.

The Big Picture

Joe Rogan will without a doubt cash out heavily from this deal, however it is very enlightening for creators to see that Spotify allowed for creative control to continue from the show’s team. Spotify due to its technological infrastructure and licensing deals is able to conglomerate talent, statistics, and features to leverage the power of audio and podcasting.

Rogan delivered a massive blow to Alphabet, parent company of Youtube. Joe Rogan has constantly highlighted censorship issues from Youtube on his podcasts. Subsequently, this fact may very well be playing a part in his decision to leave Youtube for Spotify.

Spotify made a chess move that now leaves Pandora, Apple, Google, and other large technology conglomerates on their heels. With interest rates and economic conditions at record lows, Spotify as a well capitalized company was able to leverage the power to lock in top talent such as Joe Rogan. Spotify can be the omnipresent technology company that pushes forward podcasting and other audio content for decades to come.

Spotify is the best place for podcast creators currently with in depth statistics, tutorials, and features to create a long lasting brand.

Joe Rogan’s Logic

For a look into Joe’s thinking watch the Youtube Video that released alongside the Spotify news. First, Joe offers insights into why he made the decision to move his production to the audio giant Spotify.

Secondly, Joe is a very well thought-out individual who understands that Spotify is the largest audio platform in the world with increasing market share. The decision of Joe to go with Spotify likely accelerated the podcasting industry’s growth greatly.

What does the future look like for Joe? The Oddly Observant view on the situation is that Joe is a man of many interests who loves podcasting. However, the allure of a large licensing deal on top of annual payments with creative freedom, is perfect for Joe. Additionally, being a strategic and analytical mind, Joe will likely want to touch more people’s lives through his actions.

Stay Oddly Observant and be on the lookout for follow up moves from industry competition in the coming weeks.

Peter Shortino

May 19, 2020 oddlyobservant Bussiness, Future, Technology Comments Off