2105, let's put it this way, as to not give too much of my background away, but I understand the entertainment business, inparticular film distribution very well. One comment that stands out from you, is that DES is feeling its way and not paying anymore than bottom dollar for the films. In many cases DES are paying absolute top dollar, to the extent of overpaying, this is something to keep an eye on, although it will be hard to decipher in any reports. Overpaying just to land the product puts them in an extremely vulnerable position. Before DES swallowed Magna, Magna acquired a title called FLYBOYS, this is a great example of a serious hiccup, one would love to see Magna's initial projections vs. actuals. We can't blame DES for this though, but one would have thought during the due dilligence process things like this would have been looked at and seriously questioned. I don't want to be too down on DES, but it does appear that they are flying by the seat of their pants, it may turn out that they hit a winner on one of their films, but I have a feeling much of that will have to do with luck as opposed to savy buying. Its a tough game and many have tried and failed before DES and so it will continue on.
- Forums
- ASX - By Stock
- DES
- qfx release is bad for des
qfx release is bad for des, page-12
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)