Streaming Tops Cable and Apple's Monopoly
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 19 August 2022
⏱️ 42 minutes
🧾️ Download transcript
Summary
Bloomberg's Emily Chang breaks down how streaming topped cable TV in viewership amount for the first time ever and what it means for the future of streaming and TV. Plus, why investor Eric Vishtria thinks Apple is the greatest monopolist in Big Tech today.
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| 0:00.0 | Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st. |
| 0:09.0 | Take part in solutions driven discussions on how to drive business value and unlock opportunity |
| 0:14.8 | while remaining nimble in times of change and greater ESG accountability. |
| 0:19.5 | Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore. |
| 0:23.7 | That's Bloomberg Live.com slash sustainable Biz Singapore. |
| 0:28.0 | From the heart of where innovation, money, and power collide. |
| 0:35.0 | In Silicon Valley and beyond, this is Bloomberg Technology with Emily Chang in San Francisco and this is Bloomberg Technology coming up in the |
| 0:58.8 | next hour for the first time ever streaming topped cable with US viewers watching more on Netflix |
| 1:05.2 | Hulu and Disney Plus and more than cable television will begin to a historic |
| 1:10.3 | sea change in entertainment and just how far the wave will go. |
| 1:15.0 | Plus, the venture capitalist who claims Apple is the greatest monopolist today. |
| 1:19.0 | Why he thinks regulators are losing the plot while chasing Meta and Amazon. |
| 1:25.0 | And it could be the Fire Festival of Travel Start-ups. |
| 1:28.0 | We'll tell you about Poland, the luxury trip planner that blew up during COVID. |
| 1:32.0 | It started with big concerts cancelled. |
| 1:35.4 | Then things quickly spiraled out of control. |
| 1:38.6 | Meantime, for the first time ever, US viewers are watching more hours on streaming than cable marking a |
| 1:45.0 | historic change in entertainment. Subscribers to services like Netflix and |
| 1:49.6 | Hulu accounted for 34.8% of all TV consumption in July, |
| 1:54.8 | according to research from Nielsen. |
| 1:56.8 | That edged out cable television at 34.4% |
| 2:01.4 | broadcast a distant 21.6%. |
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