🤖 Big Tech eats Hollywood — the studios' end state

Chamath tech 45% · n=84 · E64 (2022-01-22) · explicit_prediction · strength 2 ▶ 27:52 SUPPORT

“I still think this Microsoft Activision deal on balance gets done, because if you take the absolute values away from it, the reality is that it's an adjacent part of Microsoft's core business, and there's nothing fundamentally monopolistic about what would happen if you let Microsoft and Activision come together.”

Chamath tech 45% · n=84 · E34 (2021-05-31) · sentiment · strength 2 ▶ 56:35 BRUSH_OFF

“This is what I mean. Consolidation in markets like this should tell you it's time to move on and focus on something else. This is a dead industry with no profit.”

Friedberg tech 55% · n=66 · E34 (2021-05-31) · sentiment · strength 2 ▶ 54:55 OPPOSE

“Except for the few guys that have scale to actually be successful like Disney, right? Disney, maybe HBO to some extent. ... And there may be like there's two to three libraries that are deep enough and strong enough to compete and stand on their own as a tech kind of platform.”

Jason tech 53% · n=56 · E34 (2021-05-31) · sentiment · strength 1 ▶ 54:43 SUPPORT

“Eight billion is a rounding error.”

Sacks tech 39% · n=53 · E34 (2021-05-31) · explicit_prediction · strength 3 ▶ 52:56 SUPPORT

“So my big takeaway from Bezos buying MGM and these other, you know, M&A events is it's less about the decline of content, even though there are more and more options that ever have been, and therefore more competition. And it's more about the rising power and wealth and influence of big tech. ... And I think that Big Tech is going to gobble up the rest of these libraries. And that's where they're going to stay.”