Netflix, Inc.

Friedberg support ×2 ▲ on 🤖 Generative video collapses content production cost E208 · 2024-12-20 ▶ 1:29:25

with Genesis, as you can see here, you can type in a prompt and it renders this extraordinary video that also has underlying it, the three-dimensional objects that make up the video.

Friedberg support ×2 ▲ on 🤖 Generative video collapses content production cost E174 · 2024-04-12 ▶ 1:03:59

I think that musicians, artists, consumers, are going to start to use these tools in a really prolific way, given how good they are now

Friedberg support ×3 ▲ on 🤖 Generative video collapses content production cost E166 · 2024-02-16 ▶ 50:56

There's going to be this whole new model of AI generated content. The real winners are going to be the technology platforms that bring these tools in a simple, intuitive way

Sacks support ×2 ▲ on 🤖 Generative video collapses content production cost E166 · 2024-02-16 ▶ 42:18

But this is going to be revolutionary for independent film. ... This is going to revolutionize it because it will bring the cost down close to zero.

Chamath support ×2 ▲ on 🤖 Generative video collapses content production cost E166 · 2024-02-16 ▶ 39:47

This is going to revolutionize pornography. I think it's the first place. No, no, I'm not saying it as a joke. I think that's where you're going to see this first

Jason support ×2 ▲ on 🤖 Generative video collapses content production cost E166 · 2024-02-16 ▶ 25:47

if you put something like this out there to the public and said, it's 20 bucks a month to do this, or 50 bucks a month, you can have a lot of consumers who want to buy this product. So when I see this, I think people are going to pay for this.

Friedberg support ×2 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E77 · 2022-04-23 ▶ 1:00:15

and the advantage Disney has is the rewatchability of their content. ... And the Star Wars content, as you guys know, you could rewatch Star Wars and Marvel.

Sacks support ×2 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E77 · 2022-04-23 ▶ 1:00:06

I would say Disney has Marvel, and that's why. They have Marvel and Star Wars, and that's kept them extremely relevant.

Friedberg support ×2 ▼ on 📈 Content is commoditized — streaming margins compress E77 · 2022-04-23 ▶ 56:32

And the network advantage in the streaming model is content and consumers. So you have better content, you get more consumers, you get more money from consumers, you spend more on content. At some point, you get diminishing returns in that network model.

Chamath support ×2 ▼ on 📈 Content is commoditized — streaming margins compress E77 · 2022-04-23 ▶ 55:58

the first rule of capitalism says that excess returns will always get competed away. So, you know, Netflix had the run of the place where they were an effective monopoly. ... And so all of those returns will now get spread across seven or eight or nine competitors, which means that just by definition, mathematically, Netflix can't win the way that they used to.

Sacks support ×1 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E64 · 2022-01-22 ▶ 1:10:36

When you own the franchise, it has value. Disney has shown that. You own the best franchise.

Jason support ×2 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E64 · 2022-01-22 ▶ 1:10:07

These archives are going to be super valuable. And I don't think we even know how to value these archives yet because if you look at the Marvel archive or the Star Wars archive, these things just keep printing money year after year.

Chamath support ×2 ▼ on 📈 Content is commoditized — streaming margins compress E64 · 2022-01-22 ▶ 1:01:20

when you have more competition, the consumer does win. It contains prices. It just doesn't contain asset inflation, which does impact the shareholders of these companies.

Friedberg oppose ×2 ▼ on 📈 Content is commoditized — streaming margins compress E60 · 2021-12-23 ▶ 1:02:16

When that WarnerMedia deal gets done, I think that's the juggernaut stock you want to own. It's going to have an incredible library to compete with Disney.

Friedberg oppose ×1 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E60 · 2021-12-23 ▶ 1:02:03

I like HBO Max more than Disney Plus. ... Disney Plus doesn't seem to have a monopoly for me. HBO Max has such a depth of content.

Jason support ×2 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E60 · 2021-12-23 ▶ 1:01:30

I think that $118 million is going to go to $300 million. Because they announced so much content from the Star Wars, Marvel, Pixar, Disney ecosystem that is coming this year and next year. ... Like, this library is going to have a ridiculous 2022

Jason support ×2 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E43 · 2021-08-06 ▶ 1:24:39

Their whole business, they're going to catch up to Netflix and then they're going to roll Netflix. They're going to roll right over Netflix.

Chamath oppose ×2 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E34 · 2021-05-31 ▶ 51:17

I'm not disputing that people won't pay $9.99. What I'm disputing is the denominator of what they're paying for is increasing so fast that no one piece of content matters, Jason.

Friedberg support ×2 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E34 · 2021-05-31 ▶ 51:49

And so Disney's content library is so powerful for that particular demographic, basically the demographic of anyone with children, that it's an instant on kind of moment.

Jason support ×2 ▲ on 📈 Top-tier IP collections still win — you can't displace Disney E34 · 2021-05-31 ▶ 50:53

I think for the top tier IP, like you can't displace a Disney and they are growing portfolio of IP and those things are high margin. And, you know, having 250 to 500 million people paying you monthly has never existed in the history of humanity.

Friedberg support ×2 ▼ on 📈 Content is commoditized — streaming margins compress E34 · 2021-05-31 ▶ 45:45

And there's 50 subscription services, each with their own silo and vulcanization of content. ... And it's going to be a nasty battle for the next 10 years.

Chamath support ×3 ▼ on 📈 Content is commoditized — streaming margins compress E34 · 2021-05-31 ▶ 50:42

And so the point of all of that is that content costs are going to continue to go down, which means the economics are going to go down. The margins are not that good. ... And so it's all just a commodity that almost doesn't matter.