2min chapter

Plain English with Derek Thompson cover image

How Hollywood Drove Its Business Model Off a Cliff

Plain English with Derek Thompson

CHAPTER

The Netflix Effect

In the last 10 years, Netflix has gone from a pittance to being the $100 billion gorilla in Hollywood. At the largest entertainment companies out there, that's Disney, Warner Brothers Discovery, Paramount, Sony, profits on their video media went from $23 billion in 2013 to about zero today. How did this happen? And could it actually get worse before it gets better? Today's guest is Julia Alexander.

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