{
  "docId": "019dd923-622b-71dc-a6dc-6f41ca4b5e6c",
  "docSlug": "3544dfcc3316",
  "documentTitle": "Viacom (VIAB)",
  "authorId": "18_SpringOwl",
  "authorName": "Eric Jackson",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2016-01-13 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 23,
  "pageCount": 99,
  "prevPage": 22,
  "nextPage": 24,
  "slideType": "valuation_table",
  "function": "show_valuation_bridge",
  "density": "sparse",
  "nDataPoints": 60,
  "notes": "The table breaks down valuation by business segment (Domestic Cable, Paramount, Corporate) and investments, then adjusts for capital structure to arrive at an implied share price.",
  "elementsJson": [
    "headline_text",
    "valuation_table",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6dc-6f41ca4b5e6c/23",
  "deckHref": "/decks/019dd923-622b-71dc-a6dc-6f41ca4b5e6c",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6dc-6f41ca4b5e6c.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6dc-6f41ca4b5e6c#slide-23",
  "components": [
    {
      "bbox": null,
      "kind": "metric",
      "text": "NAV per share: $72.89",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-f5d3-71df-9937-7a27f7a5d1b8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.09,
        "y": 0.89
      },
      "kind": "source-note",
      "text": "Note: As of January 2016 Source: SpringOwl Asset Management LLC",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c10c9875-5e2d-48f4-9fc2-737dca4c1cd6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.7,
        "x": 0.15,
        "y": 0.22
      },
      "kind": "table",
      "text": "Detailed SOTP valuation table with Bear, Mid, and High columns.",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8e6afaf0-0370-412c-a604-367c09c55955",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.09,
        "y": 0.14
      },
      "kind": "title",
      "text": "Sum Of The Parts Valuation Method",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c714332a-3a92-4f95-a9f5-47a002d5a8b9",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 40,
      "from": 11,
      "beatId": "3fbc1753-34ff-47c1-96df-2b6cd8783239",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Agitate (Make it worse)",
      "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
      "evidence": "The deck then agitates the problems, highlighting the consequences of inaction and the failures of Viacom's management and board.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}