Morningstar Analyst On CBS-Starz Buyout Rumor: 'They're Not Necessarily Looking To Put $5B Into A New Cable Channel Right Now'

After CNBC’s David Faber tweeted that CBS Corporation (NYSE: CBS) had no interest in acquiring Starz (NASDAQ: STRZA), Morningstar Equity Analyst Neil Macker told Benzinga that he can see why the company is not necessarily looking to put $5 billion into a new cable channel right now.

“I think right now they’re really happy with where they are with Showtime and their assets they have now,” he said.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Instead, he thinks CBS is focused on trying to get content -- specifically, original content.

“If you look at some of their highest-ranked shows, ‘NCIS’ and its spinoffs are there. But something like ‘Big Bang Theory,’ ‘Two And A Half Men,’ those are all coming from Time Warner Cable (NYSE: TWC),” he said.

Posted In: NewsRumorsM&AExclusivescablecbncCBSmorningstarNeil MackerStarzTime Warner