4.8 • 1.7K Ratings
🗓️ 21 May 2022
⏱️ 72 minutes
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0:00.0 | All right, I don't want to really at $1,100 a share it so like it's like one thing at $700 a share it's |
0:08.2 | I'm I'm just gonna yeah, let's riff. Let's riff |
0:14.3 | Hey, it's May it's glob culture. I'm John Pudhoritz with me as always in Washington, Jonah Goldberg, I Jonah |
0:21.6 | Who and somewhere on an island in the Sun? Rob Long. Hi Rob. Hi there. How's it going? |
0:30.2 | That's pretty not as not as not as good as you well, not as relaxed and it's hot as you nice |
0:36.8 | That's good. It's supposed to be supposed to end up in the 90s |
0:40.3 | This weekend in on the east coast. So I guess we're all we're all gonna be hot |
0:47.2 | Hey guys, so I have this question. I want to ask you |
0:54.1 | So suddenly we even talked a little bit this suddenly the bloom is off the rose on streaming streaming |
0:59.6 | The bloom is off the rose right? Okay, so I looked up something today |
1:06.0 | About Netflix, which is now, you know in trouble. It's gonna be this without blah |
1:11.5 | So Netflix, which does have a ridiculous valuation nonetheless |
1:17.2 | grossed |
1:19.3 | $30 billion in revenue |
1:23.8 | in 2021 |
1:26.4 | That's more than all three of our enterprises come back |
1:29.6 | quite true |
1:32.4 | In what way shape or form are we to look at a company with revenues of $30 billion and say |
1:40.4 | Well, this is that's that's it buddy. That's the end of everything and you know |
1:47.0 | Let's all flee to safety from the company that actually earns |
1:51.6 | $30 billion does it doesn't doesn't net 30 billion but it earns three billion dollars |
1:56.7 | While Disney itself now has over a hundred million subscribers and I don't know what HBO max has but a lot and so |
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