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It seemed really natural to give more funding to people who could do more with it and to find great deals for people who had money but didn’t have differentiated or interesting portfolios.
Arlan Hamilton • It's About Damn Time: How to Turn Being Underestimated into Your Greatest Advantage
But Christopher Nolan calling HBO Max “the worst streaming service” is similar to JCPenney calling Amazon circa 1999 a terrible experience.
Scott Galloway • Roblox and the Dispersal of Creativity | No Mercy / No Malice
Shari Redstone merged CBS and Viacom and went all-in on streaming to rescue the business.
The combined company was worth $30B when she did the deal. It’s now worth about $9B. Her family’s shares have declined about 80% in value over the last nine years.
https://t.co/4iZLVYL9XZ
Lucas Shawx.comSmith, however, was an entrepreneur, and that Yale paper became the basis for FedEx, which he founded in 1971. He was also a betting man: once, in the early days of FedEx, after a bank had refused to extend a crucial loan, he took the company’s last $5,000 to Las Vegas and won $27,000 playing blackjack to cover the company’s $24,000 fuel bill. Of
... See moreErin Meyer • No Rules Rules: Netflix and the Culture of Reinvention
Jeffrey Katzenberg relied on the entertainment model of yesteryears: banking on celebrity appeal. One example is Quibi shelling out $6MM to Reese Witherspoon. Don't get me wrong. I love her as much as the next person in Legally Blonde. However, no one is rushing to hand Quibi their money as she narrates a nature documentary.
Ari Lewis • Quibi Can Turn It Around By Doing This — Ari Lewis
R-Rated box office congratulatory posts aren’t like the ones you’re used to...
instagram.comThe above trends are a reality and we believe the wise move is to find ways to exploit these new trends and leverage them to build great businesses. History has shown that incumbents tend to fight trends that challenge established ways and, in the process, lose focus on what matters most: customers. Hulu is not burdened by that legacy.
Jason Kilar • Jason Kilar on Hulu and content
Walt Disney Co. just surpassed Netflix in total streaming subs (221.1m vs. 220.7m). And it did so in less than 3 years since launching Disney+.
How? By combining great content with a technology it acquired from the MLB (yes, Major League Baseball) for $2.6B.
Here’s the story🧵