The End of the Golden Age of Streaming
Plain English with Derek Thompson
The Ringer
4.7 • 2.1K Ratings
🗓️ 26 April 2022
⏱️ 50 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Hey, it's Sean Fennesy, we've got something special cooking on the Prestige TV podcast. |
| 0:06.1 | I'll be recapping one of my favorite shows, HBO's Barry, every Sunday night with the writer-director |
| 0:11.2 | star of the show, The Great Bill Hater. |
| 0:13.8 | We'll talk about the show's wild twists and turns, its special brand of dark comedy, |
| 0:17.7 | and how it all came together. |
| 0:18.9 | So on Sunday nights, immediately after a new episode airs, you can hear Bill and I break |
| 0:22.7 | it all down on the Prestige TV pod. |
| 0:25.4 | Subscribe on Spotify or wherever you get your podcasts. |
| 0:31.0 | Today's episode is a trio of entertainment crises and a month from hell for some Hollywood giants. |
| 0:37.0 | First, Netflix. |
| 0:40.0 | The company stocks slumped after an earnings report revealed last week that its subscriber |
| 0:45.4 | growth had suddenly and rather shockingly reversed. |
| 0:48.8 | Netflix was supposed to add a little more than one million subscribers last quarter. |
| 0:52.6 | Instead, it's now projected to lose more than two million subscribers in the first half |
| 0:57.4 | of this year. |
| 0:58.4 | Some sort of misses are pretty rare for companies as successful and well-run as Netflix. |
| 1:03.5 | And it raises some really big and interesting questions about the future of the entire |
| 1:07.9 | streaming business and by extension, the future of Hollywood. |
| 1:12.2 | Company number two is CNN plus. |
| 1:14.1 | CNN plus was a standalone streaming news product for about 13 seconds. |
| 1:17.9 | CNN poured $300 million into this company in production and marketing. |
| 1:22.8 | The service existed for technically about 32 days, but in the last week we shared it |
... |
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