Streaming

“So, I think that affected music more sonically and creatively than, ah, streaming did, personally.”

“Streaming is, is, is minutes away from being obsolete. What I meant by that is, unless they adapt to what artists really want, the artists are very resourceful.”

“It's structurally a worse business, as you were just mentioning, than the old cable bundle where you just got checks. Consumers can cancel easily. They do so every few months. It's expensive to make The amount of content you need to make, especially now with t…”

“We were contrarian and we had a contrarian thesis that we could build a business with DVD and then transition it to streaming. So and it's precisely because of that contrarian thesis that we didn't have much competition in that.”

“The thing that she got right is that what an album is can be extremely monetized if you continue to think about what the, like the album is scarcity. Like you either have it or you don't, and the internet kind of reduced that scarcity to zero because you could…”

“I think songs have gotten Shorter, yes, but also much more homogenous in melodies, harmonies song structures, and they, and music innovates very much sonically. Like, they're really interesting sounds, and they all fit into the same song structure, and this is…”

“First of all, streaming has basically destroyed the legacy business.”

“The entertainment business went from a, you get paid up front, and then you get a piece of the profits. So since streaming's come, you get paid up front, there are no profits.”

“NBC and these, the big platforms had this like static audience that they could tell the story of the athletes to in the lead up to the Olympics. So they could like build the story of an athlete for the many months leading up to it. And that's just gone now wit…”

“A not insignificant amount of people will tell you, I actually just like that it gives me the whole answer when it's ready. Like, it makes me think that it, that it's thinking. That it's being thoughtful about the response that it provides.”

“In that same report, interestingly, they say that the kind of video media business so that that actually includes social media. No, no, it doesn't include social media includes television include streaming includes movie studios is. 2022 was about 12 to fourte…”

“The awareness of the movie and this forty two billion dollars that I'm talking about and the 21 that was coming to back, coming to them can never get recouped if they go straight to streaming. So if a hundred million dollar movie gets made and you want to mone…”

“No matter how much streaming content you watch at home, you want to get out, you want to be a part of an event, you want to have experiences. So I think there's legit pressure to up the game to make sure that our industry, cinema industry, delivers, you know, …”

“You know, there's, I don't know, 70, eighty billion dollars a year spent on TV advertising in the US alone, and it's all moving to streaming.”

“There's tech being obsessed with what will happen in 10 years. There's what's actually happening now, which is what tech was obsessed by 10 years ago. And then there's everything that's happening in retail and TV and advertising, which is basically like stream…”

“Until streaming gets to the same level of tooling, and a large part of that tooling is dbt as existing batch systems you know, it will still remain a fairly niche technology.”

“And you'll see this movement of drama leaving the movie theater and coming to home. Like, you're okay feeling emotional, dramatic things in, at home, but going to a movie theater with a group of people, you want to be scared, and laugh, and thrilled, and spect…”

“Streaming is just downloading without a save button. Streaming is I'm sending, I'm letting you download this thing, and I think the client you're using doesn't have a save button.”

“Kind of the example that I use, the parallel example, is Reed Hastings when he switched the business from CDs to streaming, which, or DVDs to streaming, sorry. You know, he had no streaming revenue, and, you know, the DVD business was, not only was the entire …”

“That historically, artists made money selling albums, cassettes, CDs, that doesn't exist anymore. And that you make modest amounts, very modest amounts of money for streaming, and that the real incremental revenue to owning the intellectual property is from ot…”