During this episode of SSOI podcast, I spoke with SimeonMcMillan of Accrued Interest. Simeon is a Columbia Value Investing program trained special sits investor with a background in media operations. In other words, he is theperfect person to talk to about media spin-offs!

Here’s what we discussed:

2:00 – Simeon’s background and whyhe started Accrued Interest

4:35 – Simeon’s experience in ColumbiaValue Investing Program

5:15 – Joel Greenblatt’s course atColumbia

8:15 – Why Simeon Started AccruedInterest

12:15 – Overview of Starz

22:25 – Will new shows and seasonlaunches be positive catalysts for Starz?

29:40 – Is bundling a viable wayto grow the Starz subscriber base?

35:45 – What is a fair valuationfor Starz?

45:25 – How Simeon is thinkingabout WBD’s recent spin-off announcement.

58:40 – How valuable is the WBDstudio business?

60:04 - Where to follow Simeon