
Two Scaramuccis
Slate Money
00:00
Netflicks Is Bigger Than Disney Plus Right Now
i don't think net flicx has steady state profitability. It's profitable right now partly because t v production hasn't really recovered from the pandemic yet. But if it just kind of keeps on doing what it's doing, it will continue to lose market share to its competitors and it will shrink. The economics of netflicks are a bit like the economics of facebook,. The amount of money it costs to run a platform like that is so enormous that it can't even pay for itself with its north American subscribers.
Transcript
Play full episode