Is economic turmoil bringing on the collapse of streaming? What does the future hold? (#026)
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Rob and I talk economics today - with so much uncertainty and volatility in the markets this week, it's top-of-mind. What do collapsing market valuations mean to the future of...
show moreThose are valid questions. And while 45 minutes isn't enough time to even begin an in-depth conversation that could lead to some interesting debates about business, finance, filmmaking and monetary policy - it is enough time for us to touch on some of the fundamental drivers behind the collapse of Netflix's stock price over the last few weeks.
As you can imagine, some of the rationale behind the decline in share price is warranted due to economic, geopolitical and practical concerns. But a good bit of it is old-fashioned "piling on" by other players in the entertainment business.
It makes for an entertaining discussion, at the very least.
I'll be writing more about all this on the ROADTRIPPIN' blog later today (and will probably post it this evening). You can check it out on our website: https://postgeeksingularity.com/roadtrippin-with-rmb/
And remember, you can always send us a letter. Just click on the "Contact Us" button in the main navigation of our website at postgeeksingularity.com and you'll be able to send us a message to let us know how we're doing and what's on your mind.
We look forward to hearing from you.
I invite you to listen in on my weekday conversations with my friend and business partner, Robert Meyer Burnett, as we talk about the things we love: great movies, inspiring television programming, nostalgic genre entertainment, and pop culture.
This episode streamed on May 12, 2022.
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