4.3 • 847 Ratings
🗓️ 13 May 2024
⏱️ 30 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Hey, everyone, it's Matt here. Before you skip ahead, I wanted to remind you that if you like this podcast, you'll probably love Puck, where I write a newsletter twice a week called What I'm Hearing. It's got tons of inside analysis, tidbits about what's really going on in Hollywood. It's where I break news. I go deeper on the biggest topics, exclusive stuff that we don't get into on the town. It's all part of Puck, which is like a |
0:21.5 | digital magazine for plugged in people. It's got about a dozen real insiders doing exclusive |
0:26.6 | reporting and entertainment, media, sports, fashion, politics, and finance. If you're interested, |
0:32.6 | listeners of the town get a discount, actually. Just go to the description page of this episode, |
0:38.1 | or you can go to puck.com. slash the town to join puck or start a free trial. Now, let's get on to the show. |
0:47.0 | It is Monday, May 13th. I've been saying for years now that the future of streaming probably |
0:53.3 | looks a lot like cable television, |
0:55.6 | which is to say bundles of services all for one price. It's just so hard to lure and maintain |
1:01.4 | subscribers when customers can churn in and out of services. And for consumers, having one stop |
1:07.0 | for video services makes a lot of sense. David Zazlov, the CEO of Warner Brothers Discovery, which owns Max, he agrees. |
1:14.1 | And last week, he and Disney announced that starting this summer, |
1:17.3 | Max will be available in a bundle with Disney Plus and Hulu, both of those owned by Disney. |
1:23.1 | That's the ads supported and the no ads version of all three of those services for one price, |
1:29.2 | though we don't know what that price will be yet. |
1:32.0 | Zazlov was very excited about it on his earnings call this past week. |
1:35.6 | It does feel like this is a moment, he said. |
1:38.6 | A, quote, restructuring is underway in streaming, he added. |
1:42.6 | The business will look a lot different in two or three |
1:45.2 | years. It will be a lot better for consumers. Zaslov hopes so. The Warner Discovery earnings were not |
1:51.3 | great. Television revenue continues to drop there, and the revenue from the streaming business, |
1:56.2 | namely Max, is increasing but not enough to make up the difference. With billions in cost cuts, Warner's now says it is profitable in streaming, |
2:04.7 | though that's a somewhat dubious claim because it also includes HBO and all of its |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Ringer, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Ringer and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.