Explaining the Business of Entertainment
Sometimes you can immediately recognize certain strategic moves as game changing. The big, obviously huge moves, like AT&T buying Time-Warner. Like NBC announcing Peacock. Like Bob Iger stepping down. You don’t need me to tell you those news stories matter. But if a company is a “collection of decisions”—strategy is
– Disney and Netflix are in the “top tier” of US streaming subscribers, with 69.1 million and 66.8 million respectively. Disney just passed Netflix for top streaming subscriber in the US. – HBO, Prime Video, and Showtime/Paramount+ make up the next tier of streamers. The latest issue of the
If you’re reading this article, you read the trades. You subscribe to multiple other newsletters. So when Scarlett Johanson sued Disney last week, every Rich, Matt and Lucas (the entertainment journalist equivalents to Tom, Dick and Harry) provided the simple explanation: The big studios are prioritizing stock price over film
I’m a sports fan. Usually, come July, this is a bummer. Because nothing’s on. It’s a barren wasteland with only some baseball to occupy my time. This year, though, what a wonderland of competition. The delayed NBA Finals filled the sports itch in early July and now I’m binging the
Last week gave me “gut thinking” whiplash. What started as a brilliant strategic move one day turned into a muddled mess by the next. Let’s explain why Comcast’s decision to split its feature film rights between Peacock and Prime Video is such a confusing move. (Sign up for my newsletter
Last week, I used Nielsen’s top ten list to track their total viewership in April 2020 to April of this year. The question I raised, but couldn’t answer, was whether the decline in total top ten viewership applied to the rest of Netflix’s catalogue. Enter Nielsen’s The Gauge! (Which I
I’ll admit that, for as much as I hate mergers, I have a case of the M&A musings. Certain stories are so big, that one article or even two “most important stories” of the week won’t do them justice. The mash ups of Discovery, Warner Bros, AT&T, Amazon and MGM—not
Sometimes, a statistic is just crazy enough to make it the story of the week. This month that’s this: At various times in June of 2021, AMC Theaters was more highly valued than half of the S&P 500. That’s crazy enough to be… Most Important Story of the Week –
With all the earnings news last week–including reports from Amazon, Google, Apple, Comcast, Discovery and more–you’d think we’d have gotten really juicy news. But I didn’t see it. Lots of “interesting” stuff, but nothing truly groundbreaking. However, two separate product announcements drew my attention. And I’ll be honest, I think
I may be cheating a pinch this week. I’m not sure this is the most important story, but it’s the one I think needs the most explaining. In a lot of ways, Amazon paying nearly half a billion dollars (to start) to make the most expensive TV series in history