11. Simeon McMillan of Accrued Interest (STRZ, WBD, CMCSA)

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 Interest4:35 – Simeon’s experience in ColumbiaValue Investing Program 5:15 – Joel Greenblatt’s course atColumbia8:15 – Why Simeon Started AccruedInterest12:15 – Overview of Starz22:25 – 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