The Amazon of Entertainment

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  • Опубликовано: 8 фев 2025
  • Scott chats with The Atlantic's senior editor Derek Thompson about Disney, Netflix, and who will win the war for content and distribution.
    www.theatlanti...
    / dkthomp
    Sources
    (1:55) Sources: YCharts.
    (2:03) Source: “KeyBanc Survey: Two-Thirds Of US Households Have Amazon Prime Memberships,” Benzinga, April 2018. bit.ly/2JPnaVe
    (7:00) Source: “Number of Spotify Premium Subscribers Worldwide from 1st Quarter 2015 to 4th Quarter 2017 (in Millions),” Statista, 2018. bit.ly/2Ib8B0N
    (11:04) Source: “Adobe Systems’ Quarterly Net Profit/Loss Worldwide from 2009 to 2018 (in Millions),” Statista, 2018. bit.ly/2FF4Jjj
    (11:56) Source: Box Office Mojo.
    (12:04) Source: “Number of Frequent Moviegoers in the United States in 2017, By Age (In Millions),” MPAA, 2017. bit.ly/2hBfxFM
    (12:04) Source: “Theatrical Market Statistics: 2016,” MPAA, 2016. bit.ly/2zR36zW
    Episode 173
    RIP: Avicii - Waiting for Love
    • Avicii - Waiting For Love

Комментарии •

  • @nomapb481
    @nomapb481 6 лет назад +13

    When I clicked I was mad this was a 21 minute video...now I'm wishing it was even longer! Love your content

  • @AccelerList
    @AccelerList 6 лет назад +69

    This guys perspective and analysis is SPOT ON!

  • @TheLifeIsJustALie
    @TheLifeIsJustALie 6 лет назад +18

    Professor Scott asked him "introduce yourself cause you look 14 how you ended up here?"
    He goes on summarizing the book he wrote!

  • @MattSpeiser
    @MattSpeiser 6 лет назад +4

    "The difference was Context and Distribution... once you've made something great, you're half way done." I love L2

  • @Rainmanai
    @Rainmanai 6 лет назад +9

    Good talk, great insight. One little point I see differently is when he mentioned about Netflix using the Amazon model. What is the essential to the Amazon model? Data. Rule 1 of AI: AI eats data. Netflix is gathering data, the more data they gather, the more specific shows they know to produce for "you". Remember Mr Hastings is a AI major. If Disney don't get the data model and get data direct from customer, in a few years, Netflix is going to go way higher, just like we saw with Amazon in the last few years. Mr Jeff wasn't selling books, he was gathering Data.

  • @HashimWarren
    @HashimWarren 6 лет назад +18

    just snatched his book. Great interview.

    • @Btt8
      @Btt8 6 лет назад +4

      So you're the kid that just robbed me outside the bookstore???

  • @chiefenumclaw7960
    @chiefenumclaw7960 6 лет назад +16

    This dude is one sharp cookie. And this is coming from a guy who prefers pie.

  • @stul8449
    @stul8449 6 лет назад +1

    Fantastic interview Scott, keep 'em coming.
    Derek - you were incredibly impressive; snapped up your book five minutes in.

  • @busyrand
    @busyrand 6 лет назад +1

    This gentleman is Very Sharp! Well done....

  • @JPannafino
    @JPannafino 4 года назад +1

    I am watching 2 and a half years later, right after Disney Plus announced a ton of star wars shows in the future ... even during a pandemic when no one can go to their parks, their stock went soaring. Adobe was a great analogy, you have to rip off the band-aid of sorts and change one of your core business models. Disney is doing that and a few years ago people would say it would of been crazy for them to put streaming first before theaters and this guy predicted it for the most part.

    • @PerezTheDev
      @PerezTheDev 3 года назад

      yea, its crazy how accurate he is!

  • @bdmock
    @bdmock 6 лет назад

    I’m not a big commenter on YT, but I had to give a shot out to this guest. Super smart guy, so well spoken. What a great interview.

  • @Omnicronnn
    @Omnicronnn 6 лет назад +1

    Best understanding of the media industry I've ever heard from a 14-year-old

  • @itspossible2015
    @itspossible2015 6 лет назад

    This is a fantastic discussion. Scott looks like he's talking to a younger version of himself in the mirror and is completely smitten! Brilliant, as always!

  • @thinkpiece4334
    @thinkpiece4334 6 лет назад +3

    Really fascinating stuff. Thanks!
    I wonder where this leaves RUclips in all this?

  • @WarMonkeyPlays
    @WarMonkeyPlays 6 лет назад +1

    This was fantastic! I think youtube is single-handedly proven why you want a family friendly platform separate from a mature audience platform though.

  • @dylongarrett4779
    @dylongarrett4779 6 лет назад +43

    Content is great, but distribution is king!

  • @mikeg6988
    @mikeg6988 6 лет назад

    Scott "Amazon" Galloway with another great interview. Your guests are always captivating and insightful. Keep em coming.

  • @adolfoforonda3363
    @adolfoforonda3363 6 лет назад

    That was fantastic, thanks for making it.

  • @Ausbos5
    @Ausbos5 6 лет назад +10

    digging that tribute for avicii there at the end

  • @HipHopMovieNews
    @HipHopMovieNews 6 лет назад

    I could’ve watched 2hrs of this conversation. Great stuff.

  • @ChristopherFreezeYT
    @ChristopherFreezeYT 6 лет назад +15

    Always great questions from "the hipster goggles of knowledge"

  • @joevero4568
    @joevero4568 6 лет назад +7

    Question about that Disneyflix comment. Wasn't that the premise behind limiting the last Kanye West and Jay Z albums to be behind Tidal? People just signed up for trials, listened, and immediately left. The majority of people don't want to separate their media into multiple apps.

  • @austintoth7323
    @austintoth7323 6 лет назад

    This analysis is amazing! Looking forward in ways most people cannot comprehend.

  • @RankAmatuer97
    @RankAmatuer97 6 лет назад

    I really love this format. Keep making these!

  • @tannerkent5446
    @tannerkent5446 6 лет назад +39

    Does this kid have a channel or a Podcast? I'd love to follow.

    • @hardcorepanzy
      @hardcorepanzy 6 лет назад +7

      He's a writer for the Atlantic and they link his twitter in the description.
      All his articles are here www.theatlantic.com/author/derek-thompson/

    • @leep3488
      @leep3488 6 лет назад +11

      "Kid" lol

    • @TheHellogs4444
      @TheHellogs4444 6 лет назад +1

      MrRoniGaming How does he manage to look like 14 yo lmao. Grow some wrinkles at least!

  • @cheut
    @cheut 6 лет назад +2

    Miracle on 34th St didn't become a classic until it became incredibly cheap (or free, not sure, maybe became public domain) and was aired incessantly on television around Christmas time. Went from a flop to being viewed as one of the greatest Christmas movies of all time.

    • @cheut
      @cheut 6 лет назад +2

      Nother comment. Spotify should incorporate bandcamp, meaning become the distribution network for physical merchandise, tickets, music videos, etc. for bands.
      Edit after finishing the video: Spotify could be the Disney Prime of music. Discounts, built in RUclips-ish style artist pages with more prominent merchandising, tickets, same as above.

    • @cheut
      @cheut 6 лет назад +2

      I don't have a real grasp of the inner workings of Spotify (like it being more of a co-operative) but *(edit: ideally and subjectively) it should become it's own label giving artists direct say over the company, instead of their labels being more in control (hopefully increasing the awfully low streaming revenue artists receive, or at least increasing merchandise sales)

  • @calvinfield6678
    @calvinfield6678 6 лет назад +1

    Disney already has a streaming service in the UK called DisneyLife.

  • @byrongardner7244
    @byrongardner7244 6 лет назад

    Love the channel, but this interview is one of my favorites thus far.

  • @Salah-qu4cs
    @Salah-qu4cs 5 лет назад

    Wow! .. Minute 18 onwards.
    Less than one year after this video, Spotify includes Hulu subscription in their prime membership! Spot on indeed 👌

  • @elitistsport2567
    @elitistsport2567 6 лет назад +3

    Wow. That was fascinating

  • @MrJimoney
    @MrJimoney 6 лет назад +13

    I disagree with the notion that just because Disney starts a subscription model for their movies, people are going to 100% replace their Netflix subscriptions with a Disney subscription. The two subscription models can be complementary in nature especially in the US since Disney focuses on movies and Netflix is more about their shows. Also, Netflix has already moved onto international expansion, and have translated their best shows with voice-over acting in different languages. The Disney subscription model might work in the US but how will that model be received overseas? Also, for Spotify, why don't they just start their own record label and sign artists? This way they can pay more royalty directly to their artists and own their music. After that, they can venture into live shows.

    • @teddygamel727
      @teddygamel727 6 лет назад +1

      > I disagree with the notion that just because Disney starts a subscription model for their movies, people are going to 100% replace their Netflix subscriptions with a Disney subscription
      He didn't really say that though. Specifically the idea was the day "DisneyFlix" releases an earnings report of say 10M subscribers is the day investors see real evidence that Netflix is no longer a monopoly.
      So everything else you say can coexist with what he says.

    • @michaelfey1313
      @michaelfey1313 6 лет назад +1

      I agree, people can easily have both and probably will unless the price changes. Going from 150 for cable to 25 for two streaming services is still a bargain.

  • @TheShortBear803
    @TheShortBear803 6 лет назад +1

    Very insightful, appreciate the talk.

  • @Dreamprism
    @Dreamprism 6 лет назад

    Very intriguing conversation. I like this guy.

  • @jiyongkim7267
    @jiyongkim7267 5 лет назад +1

    This video aged well.

  • @GlossyHooks
    @GlossyHooks 6 лет назад

    "Netflix is not going to spin off Netflix+, the stuff we think might get Emmy consideration." Hilarious and brilliant.

  • @uchwepheshe
    @uchwepheshe 6 лет назад +3

    Great insights but i believe if Disney ever releases exclusively on their on their platform to force subscribers to sign up, it'd be a bad move. People are gonna pirate the shit out of it . Making content as conveniently accessible as possible will win the future. The question is how.

  • @zipop5617
    @zipop5617 6 лет назад

    Solid content, Scott. Nice work.

  • @williamforbes6919
    @williamforbes6919 6 лет назад

    Because the whole Adobe and Autodesk monitisation switch was mentioned.
    I'm sure it is much more profitable for the company. But requiring these always connected continuously updated software packages is really really bad for long term projects. Backwards compatibility is sketchy at best, and files that did open previously have ended up where I couldn't open them any more due to the updates that I physically cannot avoid since it is tied to the network registration requiring it to be on a current version for the liscense to validate.
    You can't cold storage an image of a workstation drive any more. This Is really unfortunate for product development.

  • @riceandpotatoes
    @riceandpotatoes 6 лет назад +2

    “Spotify is on the bottom of peoples phones” .... *looks at the bottom row of my phones app - sees Spotify*
    Well dang; I’m just another sheep

  • @dvd7826
    @dvd7826 6 лет назад +9

    Damn was hoping it would be XVIDEOS.....to be honest

  • @RicoCordova
    @RicoCordova 6 лет назад +2

    Yup. Zero paid TV in close to 2 years here...I just can't stand ads.

  • @mpileggif
    @mpileggif 6 лет назад

    Huge fan and 1st comment: The 4 is great, but having weakly updates to it is awesome!

  • @HorrorFreak1408
    @HorrorFreak1408 6 лет назад

    I agree with Scott; break it up between Hulu and Hulu kids similar to Netflix and RUclips and Disney will be able to get far more subscribers and make the marketing so much easier for themselves. The only other thing left would be a question considering the branding of it. Will they keep it as Hulu or announce that it's owned by Disney by placing their name on it?

  • @MrGiggity890
    @MrGiggity890 6 лет назад +1

    This video makes me want to continue accumulating Disney shares.

  • @MyLuggage12345
    @MyLuggage12345 6 лет назад +5

    Scott's getting invited to trivia night next Tuesday.

  • @FreedomBliss-gx7iu
    @FreedomBliss-gx7iu 6 лет назад

    Fascinating!!

  • @ziprun2005
    @ziprun2005 6 лет назад

    Wow. Fascinating analysis.

  • @303Lyons303
    @303Lyons303 6 лет назад

    Wonderful insight, thank you.

  • @yovalks
    @yovalks 6 лет назад

    Phenominal stuff as always. I'll be in SPOT stock when it sheds a few more dollars from its absurd valuation.

  • @TravisHuff
    @TravisHuff 6 лет назад

    So much REAL TALK knowledge!

  • @Thonking
    @Thonking 6 лет назад

    Great video. Thank you.

  • @tyvaughnholness1985
    @tyvaughnholness1985 6 лет назад

    That was excellent, keep it up

  • @ilackabettername
    @ilackabettername 6 лет назад +1

    19:25 Disney’s media is the same concept as their multi-park strategy in Disney-world. Spread it’s good content around so you begrudgingly by a more expensive ticket. Get ready for a “site hopper” pass

  • @kml.
    @kml. 6 лет назад +1

    Impressive. Super smart guy. Until Disney consolidates its content and distribution strategy, Netflix will win.

  • @Rollexm
    @Rollexm 6 лет назад

    Can these 20 min pieces be put in a podcast form? Thank you in advance 😊

  • @teamestes1367
    @teamestes1367 6 лет назад

    Thanx!

  • @BlackDoveNYC
    @BlackDoveNYC 6 лет назад

    I join those who see Disney as a potential complement to other streaming services (at least in the U.S.). If content isn't important (or as important) then why cards does Disney have at the moment? That's their strongest asset according to what this guy said.
    He also does that thing regarding Netflix that I had noticed analyst do regarding the TV/streaming/media market. Over emphasize film content when the money and loyalty is based more on the TV type content, particularly serialized content. He's right about Disney being able to monetize across other areas (retail and the parks/cruises etc)... but what will keep Netflix in the running is its content which is still substantial. Again, here he makes much of Netflix's content as not being on par with Disney but he's talking about film. Netflix has had many popular as well as highly regarding TV shows (whatever the proper term is for the serialized shorter form filmed storytelling). With a pure play like Netflix, they have the data to help them to keep refining their content selection... and it is happening internat'lly not just domestically.

  • @dmlong47
    @dmlong47 6 лет назад +1

    would they really be competitors? I currently have netflix, hulu and HBO i would just ad Disney

  • @comp10
    @comp10 6 лет назад +7

    Netflix better be careful with their balance sheet. The amount of debt they are borrowing is concerning.

    • @robm2681
      @robm2681 6 лет назад +1

      They're getting more and more profitable. They've added like 25 million subscribers in the last four quarters. Multiply that by $10 a month and you got an increase of 250 million a month or 3 billion more in annual income. 2017 to 2018, Netflix raised it's content budget by 2 billion for the year. It's getting easier and easier for them to balance their budget, because subscriber growth has easily been outpacing they're spending lately.

  • @ca8824
    @ca8824 6 лет назад

    Here's the thing Disney can already make high performing content without the analytics setup that Netflix has. Imagine what will happen when they mix that instituonal compentence with just a little of the data they can amass from a streaming service. Disney has already succeeded with box office, cable, and a network channel. Not sure if you noticed by their pretty good at making entertainment. They have all the IP one could want. I don't know if Netflix beats them or vice versa, both can survive. I'm sure Amazon and apple will to if they make good stuff. They have the distribution. The question is, is there room for much else.

  • @ZubairKhan-tt8ev
    @ZubairKhan-tt8ev 6 лет назад +4

    wait wait wait...people are still watching HBO and Showtime shows - does that not count as paid TV media??

  • @Lamaison40
    @Lamaison40 6 лет назад

    Agree with potential of Disney-flix but, tied to the 'streaming all over the place' comment, is the complexities, politics and 'redtape' across Disney's businesses. The biggest hurdle will be getting out of their own way to be successful in Disney-flix

  • @bradspicer6159
    @bradspicer6159 6 лет назад

    Such a smart and entertaining video. Great content L2

  • @foolsreflection
    @foolsreflection 6 лет назад

    Bought his book off the back of this video, very interesting stuff.

  • @elliotcurry2284
    @elliotcurry2284 6 лет назад

    No discussion on Roku?

  • @amitpatel321
    @amitpatel321 6 лет назад +2

    No mention of CBS and Viacom!!

  • @Turin90Turambar
    @Turin90Turambar 6 лет назад +2

    Avicii tribute at the end!

  • @MH-us2ye
    @MH-us2ye 6 лет назад

    Imagine if the disney streaming service offered new releases for a premium. I'm sure they can pull a considerable amount of revenue from that.

  • @BPDBRETT
    @BPDBRETT 6 лет назад

    Spotify will be interesting to watch. Amazon music is moving into their space and I am sure that scares the shit out of them.

  • @PhemiK
    @PhemiK 6 лет назад

    Why wouldn't Netflix buy Spotify? In your scenarios it doesn't come and I'm wondering why not.

  • @AkoKyle
    @AkoKyle 6 лет назад

    Nice touch at the end there #Avicii #AMZN #DIS.

  • @scottdiamond3023
    @scottdiamond3023 6 лет назад

    what if distribution is decentralised in the very near future?

  • @zoobear9783
    @zoobear9783 6 лет назад

    Love the avicii ending

  • @zakkloves
    @zakkloves 6 лет назад

    Content is still king, but distribution is the queen. In the context of chess, I suppose.

  • @chambersdesign1289
    @chambersdesign1289 6 лет назад +1

    lots of people have videos on youtube (distribution) but nobody watches them (because content stinks).

  • @johndepaix8946
    @johndepaix8946 6 лет назад

    3:14 viral myth, 5:37axios , 6:35 Spotify , 7:40 death match

  • @djfxonitg
    @djfxonitg 6 лет назад +1

    I think this guy has a very old outlook on distribution Still, the Internet has revolutionized distribution since the 1950’s like his example.... it’s mostly about content in 2018. Distribution is becoming less relevant because of ease of access to the internet now.

    • @djfxonitg
      @djfxonitg 6 лет назад +1

      Why else would everyone be fighting over content right now (Disney, Netflix, Amazon, ect)? It’s because they all have the equal access of distribution on the internet now.

  • @eric4946
    @eric4946 6 лет назад

    Once the great sports ball barrier for TV falls and gives way to Disney/Netflix or whoever it’s going to be a maelstrom. Sports is the only thing keeping TV alive no good apps exist for it.

    • @BlackDoveNYC
      @BlackDoveNYC 6 лет назад

      Isn't Amazon making a play for live sports?

  • @c.t.8614
    @c.t.8614 6 лет назад

    Disney is making a streaming service now

  • @iscorechicks
    @iscorechicks 6 лет назад

    soo disney long or????

  • @eddydavies7618
    @eddydavies7618 6 лет назад

    The tribute to avicii was nice

  • @TheDrLeviathan
    @TheDrLeviathan 6 лет назад

    Disney is nuts when it comes to their name being put towards anything adult. They hate it. That's why they made Touchstone Pictures back in the day.

  • @victorespino5650
    @victorespino5650 6 лет назад +1

    I've been saying for years spotify should have video

  • @wesleymorton2995
    @wesleymorton2995 6 лет назад

    I bought disney stock. This video is fucking smart.

  • @felixdacat32
    @felixdacat32 6 лет назад

    wrinkly shirt guy has got some good points

  • @loteque
    @loteque 6 лет назад

    Disney is going to buy crunchy roll if that offer isn't already on the table...

    • @loteque
      @loteque 6 лет назад

      www.recode.net/2017/12/14/16771712/hulu-disney-acquisition-fox-means-dis-foxa-21cf

  • @stickyfings
    @stickyfings 6 лет назад

    Amazon should just buy Disney. There's the content for your distribution. Boom!

  • @jfjoubertquebec
    @jfjoubertquebec 6 лет назад +1

    Yoohoo!

  • @GadgetReviewVideos
    @GadgetReviewVideos 6 лет назад

    My prediction for most growth in 24 months is T-Mobile Layer3 TV distribution combined with partnerships from content creators. It’s all part of the push for 5G and what they can do with 5G. T-Mobile will go from a cell hone company to a broad band wireless internet service provider with phone service, TV, already has the partnership for movies with Netflix, and others will join in. Why bundle your cable TV, phone and internet when people don’t use home phone that often unless you have a fax machine when you can get the same bundle with alac-cart TV, phone, broadband internet tethering to multiple devices while being all mobile and wireless.
    T-Mobile and Sprint “merger” is not being pushed as a cell phone merger like Metro PCS was, its being pushed as a multiple service wireless provider merger. Just watch the T-Mobile and Sprint merger video on RUclips. It’s his they are selling it that may allow the merger to get approved using AT&T as an example of cell phone, home phone, internet, Satalite TV, U-Verse TV. They compare this merger to AT&T, or Comcast, or Spectrum and the only difference is your phone in the bundle is your cell phone. They promote jobs as helping the economy for rolling out and supporting 5G and these new services they will offer. So unlike the T-Mobile and AT&T that was denied because it was sold as just cell phone service T-Mobile is putting a completely different spin on it to be a wireless media service provider.

  • @Joe30pack
    @Joe30pack 6 лет назад

    I can't tell if this guy is really smart or if he has OD'ed on Ginko Biloba.

  • @josenieves1230
    @josenieves1230 6 лет назад

    I will probably not drop Netflix for Disney but I will drop Amazon Prime for Disney

  • @troygardner1610
    @troygardner1610 5 лет назад

    excellent talk
    @11:52 (paraphasing) "in 2017 of ages 22-45, 50% didn't watch any paid for TV...so that model is collapsing", trending forwards how many will even own a 'TV' as a TV
    for contrast my basically nearly homeless distant relevance carries around a xbox & red dead redemption in a plastic bag...has a cell phone, always expects to be able to just walk in & plug in..for free.
    I on the other hand, hit up the library (free and limited by time internet/air conditioning) and they have many excellent movies of last 30 ish years 80,90,20, and youtube continues to surprise me with succintified versions of things like the Twightlight Zone. About half the other guys here are playing video games, women looking up recipies
    @12:34 "NETflix has only video" & 12:43 "merchandize fantasy" umm that's a crock of shit, the 3d printing (home brew toys)/china cloning market IS where the so called merchandizing (which jumped the shark as main profit ..how He Man the movie was created was to push toys as was Charlie & the Chocolate Factory).. GAME OF THRONES & STRANGE DAYS DO HAVE ACCESSORIES (toys, iDolls, clothing, etc) but are not the same distribution size so cannot be judged grapes to watermelons equally/equitall, as well, they have less intrenched/investor so can be more agile (david vs goliath). Frozen2? please...when did family time become so dark & violent?

  • @rvenners
    @rvenners 6 лет назад +2

    I watched this whole thing in order hear Rock Around The Clock at the end. What gives?

    • @GradyHouger
      @GradyHouger 6 лет назад

      Reeb Venners
      They went with a more relevant song

  • @augurcybernaut4785
    @augurcybernaut4785 6 лет назад

    Uuuuh that would be To Sir With Love

  • @ca8824
    @ca8824 6 лет назад

    How is one bullish on Spotify. Its almost destined to lose money for foreseeable future and there is little marginal difference between it's service and apples amazons Google's/youtubes, iHeartRadio (a crap ton of people still are driven by radio promotion and calls to action), and Pandora. And again some of those cos are the most powerful in the world and can give music as a loss leader just to deepen customer loyalty or add a little boost to overall services package. Dude says oh they can just put other stuff on there and the people will come: tell that to uhhh blockbuster, cable, itunes tv shows, RUclips reds premium video, etc. I'm not a gambler so I don't play with single stock investing but how do u justify this homie?

  • @GGGGG-ec2ef
    @GGGGG-ec2ef 6 лет назад

    Using a hit song from the 50s to prove you need music distribution? It's 2018.

  • @braydenmoore3101
    @braydenmoore3101 6 лет назад

    Derek is who Ryan from The Office thinks he is.

  • @ЖанШевалие
    @ЖанШевалие 6 лет назад

    I think you just want Disney to get bigger so that you can then call for it to be broken up.

  • @MichaelBoamah
    @MichaelBoamah 6 лет назад

    I would't watch videos on Spotify tbh

  • @Zeegoner
    @Zeegoner 6 лет назад

    RIP Avicii