The Future of the Streaming Industry

The key thesis is going to be that for the outperformance of the businesses they're able to transition to DTC, a larger market. Studio business is not changing, like we're streaming like, yes, everything's changing a little, but the business of a studio and then selling it will pretty much stay the same. The only thing perhaps worth mentioning is that the moment the studios are kind of there in a way, the content is not perhaps being exploited as profitably as it could be. But yeah, they still have the studios, they still would be a business, I don't think the business would fail, but it wouldn't perform as well as it has potential.