This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Could Apple Buy the LA Kings, Part of the Lakers in AEG Deal?

For rationale behind these names making a move, search my article history on TheStreet for pieces that include Canadian media and telecommunications' giants Rogers Communications (RCI) and BCE (BCE).

Verizon (VZ) or AT&T (T) could attempt to follow the Rogers/Bell blueprint, but I doubt the companies have that type of vision separately, the smarts to work together or the ability to get past tight U.S. regulators.

That leaves names such as Google (GOOG - Get Report) and, particularly, Apple in the mix.

Executed properly, this could represent the next step in Apple's evolution.

The most obvious connection -- integrating iTunes with AEG's concert promotion business. Endless possibilities there. Simply put, iTunes becomes the engine, the platform that fuels this segment of AEG. It instantly explodes and becomes much more of a revenue generator than it is today.

As far as the sports teams go, this opens the door to Apple's entry into the living room.

For example, consider the Lakers. For better or worse, if you can call any sports franchise a national brand, it's the Lakers. A bit like the Dallas Cowboys used to be and the New York Yankees are. Special, enhanced access to Lakers games via Apple TV represents a large enough draw to become one of the cornerstones of the project. Huge opportunity to enter the living room with force.

It's much easier to negotiate deals with the current rights holders or become the rights holder yourself when you own all or part of the team. With a foundation planted with West Coast sports, Apple can go to an MSG to partner and bring the Yankees, Knicks, Rangers and such to the new platform.

Why should Apple bang its head against the wall with content providers, spending billions to buy the same junk Netflix (NFLX) and (AMZN) overpay for when it can strategically position itself to have a foothold on live, sports programming -- the stuff that actually matters?

The stuff that Rogers and Bell expertly corner the market on in Canada.

In some ways, it's a no-brainer for Apple.
2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -0.41%
GOOG $701.43 0.82%
LYV $23.23 3.52%
FB $117.81 -0.21%
TSLA $211.53 -4.96%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs