What a Wall Street Meltdown Means for the Consumer

The Town with Matthew Belloni

The Ringer

Society & Culture

4.3 • 847 Ratings

🗓️ 7 November 2022

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Matt is joined by Bloomberg’s Lucas Shaw to discuss the price increases across multiple streaming platforms, the addition of ad-supported tiers, waning stock prices, and how layoffs and budget cuts in media might affect what you see on screen. Email us your questions, thoughts, and ideas at [email protected] Host: Matt Belloni Guest: Lucas Shaw Producer: Craig Horlbeck Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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1:15.6	It is Monday, November 7th.
1:19.6	Past 10 years in Hollywood have seen an unprecedented surge in film and television content.
1:24.6	Some call it peak TV, others the streaming wars. Basically, you took the
1:28.8	entirety of the cable television ecosystem, then on top of that added Netflix, which is spending
1:33.8	about $17 billion a year on content, plus Disney Plus, Hulu, Amazon Prime Video, HBO Max, and the
1:39.7	rest. But that boom was driven by a spectacular run-up of the stock market.
	...

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