As a connoisseur of children's programming, I was shocked to learn how many brands and titles these guys own.
I'm in WLDBF too, was gonna see if there was a thread and if not start one when I get time.
They own 80% of Peanuts among others and have a really interesting vertical integration from content development through consumer products sales.
Yep .. a really compelling monetisation story backed by strong execution (former Marvel executive), solid cash flows, really attractive multiple and lots of great kids content that is in demand by Netflix, DreamWorks and AppleTV+ besides one of the largest presence on YT. And a tight float to boot.
I like the runway here for sure. Kids content much better for product sales. Their YouTube channels do insane numbers. I like the CEO's focus on quality over quantity for new content creation.