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I don't know if the movie business is vibrant or profitable or a good investment, but I remember the days of yore when "conglomerates" were all the rage - until people realized that managing such far flung and disparate businesses under one roof was impossible, and spin-offs became all the rage.

If I want to invest in a movie making enterprise, I'll look elsewhere. KO (and pretty much all other companies) should stick to what they know and do best.

p.s. the only conglomerate I am aware of that seems to be the exception is BRK - but it isn't a conglomerate in the true sense of the word - Buffet buys companies that are well run, AND LEAVES THEM BE to continue doing so.
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