Radio is dying to podcasting & I'm not sure how strong their iheart brand is vs Spotify, Apple Podcast etc is in NZ.
Don't get me wrong i understand the potential /upside of the audio/podcasting, OneRoof & Driven but these have not rly formed part of my thesis, placing me in an even more conservative position. I'd rather be more conservative then less. If these businesses prevail stronger than expected than i have even more upside.
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