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Slate Money: Why Netflix is Reducing Parental Leave

Slate News

Slate Podcasts

News Commentary, News, Politics

4.56K Ratings

🗓️ 14 December 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

This week: Crypto companies are being debanked but they’re not the only ones. Felix Salmon, Emily Peck, and Elizabeth Spiers break down the conspiracy theory that debanking is a government attack on crypto. Then, Netflix has pared down their extreme leave policy. What does that signal about the direction of the company? And Spotify is finally making a profit and is acting like it.   In the Slate Plus episode: Crumbl and rise of meme foods.  Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This ad-free podcast is part of your Slate Plus membership.

0:15.1

Hello and welcome to Slate Money, your guide to the business and finance news of the week.

0:22.7

I'm Felix Simon of Axios with Emily Peck of Axios.

0:25.1

Hello, hello.

0:25.7

With Elizabeth Spires, you're still got the New York Times thing going.

0:28.9

Yep.

0:29.4

It's awesome.

0:30.7

We love it.

0:31.4

We have a cool show this week.

0:33.7

We are going to talk about debanking.

0:36.3

If you have had your bank account frozen and been told that you have to move somewhere else and they're not going to tell you why, you will know exactly what I'm talking about. We're going to talk about whether this has been happening with uncommon frequency to people in the crypto world and whether that's all some kind of Elizabeth Warren conspiracy.

0:54.3

We are going to talk about Netflix, which has become a big normal company rather than a fast-growing

0:59.4

tech company.

1:00.4

We are going to talk about Spotify, which has become a big normal company rather than a fast-growing

1:04.7

tech company.

1:06.3

We have a Slate Plus segment about crumble cookies and waiting online and doing it for the

1:13.7

gram. It's all coming up on Slate Money.

1:38.6

So let's start with a big conspiracy theory, which is also kind of real, but not really, which is this whole thing about debanking.

1:47.4

Friend of the pod, Ron Lieber, has had a bunch of stuff about how banks will just debank you. You'll be poodling along, having a perfectly normal life, and then one day your bank will say, all of your

1:53.9

funds have frozen, and you need to take all of your money out right now, and we're not going to

1:58.2

bank you anymore, and you'll say, what bank you anymore and you'll say what and they'll

2:00.9

say sorry and you'll say why and they'll say sorry and it's very annoying and this has been

...

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