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Ep 391. Buffett’s Investment in Paramount, Streaming vs. Theaters, and Takeaways from Todd Combs’ Podcast

Focused Compounding

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Amazon's Consideration of Buying a Movie Studio

I have a pretty strong feeling that Amazon has considered buying both a movie studio and a theater train. I mean, I don't think they need to buy a movie studio. They got some of the worst material at some of the highest prices and stuff. And it was bad. But they had a lot of money in the grand scheme of Amazon. People barely noticed it that this went so badly. It would have been better if they played nicer with movie theaters or released everything in theaters and said we're part of the club. Both of them and Netflix could have done that and they chose not to.

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