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Creators, Creativity, and Technology with Bob Iger
a16z Podcast
Do You Have Any Doubts About Streaming?
I never doubted that ultimately creativity and quality in brands would matter more. There are streamers that are not going to survive. And the reason is that there are some platforms that don't have the high quality branded content. They're not enough of it and they're not differentiated. So not all streamers are created equal. It was essential for us to reduce revenue in order to go in this direction, which means telling Wall Street, okay, you've enjoyed all this great profit growth for Disney over would have been a decade. That's now going to go in the opposite direction.
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