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The Town with Matthew Belloni

Why Batman and Everything Else Is Coming to Netflix

The Town with Matthew Belloni

The Ringer

Society & Culture

4.31.1K Ratings

🗓️ 7 November 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Matt is joined by Bloomberg’s Lucas Shaw to discuss how the non-Netflix streaming services can survive in a Netflix-dominated world. They discuss Warner Bros. Discovery's licensing of a large collection of DC films to Netflix and whether sending A-list content to Netflix is sustainable for the other streamers. Matt finishes the show with a prediction on where Jon Stewart will land a new show. For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ click here. Email us your thoughts! thetown@spotify.com Host: Matt Belloni Guest: Lucas Shaw Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

For all your fantasy football needs, check out the ringer fantasy football show with me, Danny Highfetz, and Craig Horlebeck.

0:07.9

That's the ringer fantasy football show on Spotify or wherever you get your podcast.

0:14.4

It is Monday, November 6th. Why do you subscribe to a streaming service? Once you're subscribed, why do you keep the service?

0:22.3

Those sound like pretty simple questions.

0:24.3

There's a lot of people whose jobs are to try to figure out the answers.

0:28.0

If you think about it, actually, those are the fundamental questions,

0:30.5

maybe even the only questions that matter in the streaming business.

0:33.5

Is this piece of content going to make people more likely to subscribe

0:36.9

or less likely to churn out?

0:39.8

There are no easy answers.

0:40.9

It's, by far the biggest winner so far in the streaming wars.

0:44.3

It's getting super aggressive at a time when some of the others are struggling and more willing to sell them A-level content.

0:50.4

Starting December 1st, about 12 of the recent DC movies from Warner Brothers will drop on Netflix.

0:57.0

Man of Steel, the Batman, Black Adam.

1:00.2

Great move by Netflix.

1:01.5

Those movies have built-in audiences, young people, just the kind they're trying to win over with the password-sharing crackdown.

1:07.9

And on the Warner's side, they're just trying to extract as much money from these

1:11.8

titles as possible. Warner Discovery has tens of billions of dollars in debt to pay down. Stock

1:17.4

prices languished. Plus, it has argued, thanks to the data, it has a pretty good idea of which

1:23.0

content is driving subscriptions on Max and preventing churn, which isn't. For the most part, very few

1:29.4

titles drive most of the activity on all these streaming services. Bloomberg published some

1:34.1

data on that front as well. A London firm called Digital Eye did a study, and less than 5%

...

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