The Wall Street Journal is reporting that Johnson and Johnson is planning to start the roadshow for its consumer health care business as early as this week. The spinoff IPO will be later this year for Kenview, the name chosen for the business familiar for products like Tylenol Band-Aids and Neutrogena. John Sutter: $40 billion valuation could be a little bit of a discount because when you look at all of the brand names they have out there, it's really impressive.
Streaming video was an industry in flux even before this weekend's surprise news. (00:21) Jason Moser discusses: - Ripple effects for Peacock in the wake of NBCUniversal CEO Jeff Shell resigning - Disney, and the fate of NBCUniversal's minority stake in Hulu - Johnson & Johnson aiming to raise $3.5 billion in the IPO spinoff of its consumer healthcare division (11:31) Nick Sciple continues his conversation with anonymous Substack writer Doomberg about Tesla's plans for the future and investing for energy pinch points. Companies discussed: CMCSA, DIS, JNJ, TSLA Host: Chris Hill Guests: Jason Moser, Nick Sciple, Doomberg Producer: Ricky Mulvey Engineers: Rick Engdahl, Dan Boyd
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