Summary: Over the past decade, content marketing, specifically in the form of online video, has become a fundamental tool for connecting with consumers.
Given the political cycle and strong differences on both sides of the aisle in Washington, we do not anticipate any material tax law changes over the near term that would prompt material overseas cash repatriation, whether in the form of a 2004-style Homeland Investment Act of more fundamental long-term tax reform.
Electronics is different, though, because every form of electromagnetic energy is manifested on a single spectrum and shares certain fundamental characteristics.