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Channels with Peter Kafka

Can Elon Fix Twitter? Can Reed Fix Netflix?

Channels with Peter Kafka

Vox Media Podcast Network

Technology, Tv & Film, Business News, News

4.4585 Ratings

🗓️ 27 April 2022

⏱️ 71 minutes

🧾️ Download transcript

Summary

It’s been a big week for media events involving tens of billions of dollars: Elon Musk is buying Twitter for $44 billion, meanwhile, Netflix lost more than $50 billion in value. First, Recode’s Peter Kafka talks to The Atlantic’s Charlie Warzel about the multiverse of possibilities of how Musk’s Twitter might operate. Will we enter the “darkest timeline” of supervillain nihilistic world-burning, or revert to Twitter’s pre-2016 stance on content moderation? Then, Peter checks in on Netflix, which reported a loss of 200,000 subscribers last week and is adding an ad-supported subscription tier. No need to borrow a friend’s password to listen to this conversation with Lucas Shaw, Bloomberg’s Leader of Entertainment, Media & Telecom. Featuring: Lucas Shaw (@Lucas_Shaw), Reporter for Bloomberg Charlie Warzel (@cwarzel), Writer for The Atlantic, and of The Galaxy Brain newsletter Host: Peter Kafka (@pkafka), Senior Editor at Recode More to explore: Subscribe for free to Recode Media, Peter Kafka, one of the media industry's most acclaimed reporters, talks to business titans, journalists, comedians, and more to get their take on today's media landscape. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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1:33.0

Adobe.com. Welcome to Recode Media, Peter Kafka. That is me and I'm having a busy week because

1:39.9

there's a lot of news, as you probably know. And if you don't, I don't know why you listen to this podcast, but Elon Musk, the world's richest man, says he's going to buy Twitter for $44 billion and barring some Elon Musk-like move, that's going to happen in the next few months. And also, Netflix appears to have hit a brick wall. It's losing subscribers instead of gaining them.

2:01.9

That's going to keep happening.

2:10.5

Things are looking so grim there that Netflix has gone ahead and said they're going to start adding advertising, or at least an ad-based tier to their service.

2:12.8

Something they said they would never, ever, ever do.

2:14.4

Don't ever say never, ever.

2:20.4

To talk about all this and to create a bonus pod, I brought in Charlie Warzel from the Atlantic,

2:25.4

excellent writer, big thinker, to talk about Elon Musk and Twitter and what it all means.

2:27.2

And of course I brought in Lucas Shaw.

2:30.3

See, my favorite media writer is way up there.

2:32.6

Lucas is the best to talk about Netflix.

...

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