Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
18 Feb 2021 Acquired The New York Times Company
“Now, when we were comparing it to Netflix I think there’s one more interesting thing to say about The Times here and that’s the bull case, is they don’t have to go acquire content.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 18 Feb 2021
- Publisher
- Acquired
- Episode
- The New York Times Company
Transcript context
…That’s such a good analogy. Now, when we were comparing it to Netflix I think there’s one more interesting thing to say about The Times here and that’s the bull case, is they don’t have to go acquire content. They’re not in the business of going and bargaining with someone who owns the content, who’s then going to say, gosh you got a lot of subscribers. You really have to pay a lot. They create the content. I know Netflix switched to this with original content, too, but they’re massively advantaged in that way where they really do create and own all the content that they’re creating. While they’re paying high salaries, those salaries don’t scale with the audience and can’t get negotiated in a way that scales with the audience. That’s such a good point. Nobody, probably not even Kara Swisher—as much leverage as she does have—is not going to be able to go to AG and say, hey you just added two million subscribers this year. I need some percentage of that.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.