The diminishing returns of Netflix are hitting hard as their monitored regime leads to employee unrest, with the company's excessive returns on the verge of getting competed away due to their lack of innovation, which hasn't secured a lock-in value.
The talk discusses the threat of gatekeeping from media companies that aim to control access to emerging competitors and prevent effective competition. The government regulations also make it harder to win against slow, big, un-innovative monopolies.
Former DreamWorks CEO Jeffrey Katzenberg has raised $2 billion pre-launch for his new startup, Quibi, which will focus on short, 10-minute videos. The success of streaming services like Netflix has made this a good time to start a production studio like Quibi.
Fragmented streaming services may lead to an increase in piracy, as consumers find it more convenient to pirate shows rather than paying for multiple subscriptions. The movie industry should prioritize the convenience of the consumer and offer fair prices in order to decrease piracy.
The co-founder of a rental company discusses their decision to walk away from 98% of their revenue in order to focus on solving a bigger problem, and the importance of being willing to take risks in order to achieve success.
Pay TV fragmentation is not positive for fans who will end up spending more money to watch their games. Shareholders of media companies investing in new platforms like CNN Plus may see a negative impact on their earnings per share, while consumers will not benefit from paying more for fragmented access to content.