Ales Morris, founder of The Science of Hitting, returns to the podcast to discuss all things media, including his investment in Disney and Netflix.
Alex's first podcast appearance on Spotify: https://twitter.com/AndrewRangeley/status/1388122956837097482?s=20
Alex's / TSOH substack: https://thescienceofhitting.com
Chapters
0:00 Intro
2:55 What's going on in media?
6:15 What is the market missing with its media bearishness?
8:45 Is media too competitive to invest in?
14:35 Why is Netflix having a problem with breakout hits?
18:30 Can you trust these companies when they say "trust us"?
20:30 Is it true that Alex is a Marvel hater?
22:30 NFLX's move into ad supported
30:05 NFLX's (and the industry's) rising churn
35:00 Why is DIS bundling when everyone else is consolidating into one product?
38:05 Why hasn't Seinfeld broken out on NFLX?
42:30 ESPN's streaming future
49:00 Can you really make a profit streaming sports?
54:15 Is Marvel fatigue real?
58:50 Disney parks
1:01:50 Opportunity cost of investing in DIS vs NFLX vs CMCSA (or something else)
1:06:35 Berkshire buying Paramount
