Streaming’s Collapse; Crypto’s Decline & Vegan Jerky 5/12/22
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 12 May 2022
⏱️ 35 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Bring in show music please. |
| 0:04.0 | This is Squack Pod. I'm the NBC producer |
| 0:07.0 | Zach Valisei. |
| 0:08.0 | Today on our podcast. |
| 0:10.0 | crypto crush. |
| 0:12.0 | Joe, I don't know if you're more of an expert on this. |
| 0:15.0 | No, no, no, no, no. |
| 0:16.0 | More than 200 billion dollars in value erased in the market sell-off. |
| 0:21.0 | So-called stable coins are breaking the buck. Where does that leave |
| 0:24.8 | crypto investors? Is there going to be a moment where someone could say conceivably that |
| 0:29.6 | the Emperor is wearing no clothes? Disney losing money on streaming pucks. is that the total addressable market for |
| 0:33.0 | losing money on streaming pucks Matt Bellany |
| 0:36.0 | this was a product of what Wall Street believed in during the pandemic |
| 0:41.0 | is that the total addressable market for streaming was going to be |
| 0:44.4 | seven, eight, nine, perhaps a billion people that were going to quickly sign up for these |
| 0:49.8 | streaming services and pay a premium to do so. |
| 0:52.4 | I think that rationale has completely changed. |
| 0:55.2 | Those stories, plus We Work says people are going to work in offices, the insiders |
| 1:01.8 | who sold off before the market plunge, and beyond me struggling to get beyond |
| 1:07.4 | plant jerky. |
| 1:08.4 | And I tried it. |
| 1:09.4 | You did try it? |
... |
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