The Ankler Podcast
Tubi Puts Hollywood on Edge
Aug 16, 2024
Sean McNulty, a streaming expert, uncovers the explosive growth of free ad-supported TV services like Tubi amid soaring subscription costs. Elaine Low, an industry analyst, discusses how these platforms are reshaping Hollywood's landscape and affecting traditional studios. David Lidsky adds insights on the ramifications of these trends in the ongoing streaming wars. They also humorously explore the impact of recent layoffs in major studios and touch upon the evolving role of AI in the industry.
48:15
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Quick takeaways
- The rise of free ad-supported streaming services like Tubi signals a shift in viewer preferences amidst rising subscription costs and complex models.
- Significant layoffs at Paramount and other companies reveal the challenging financial landscape and ongoing anxiety among media professionals regarding job security.
Deep dives
Mid-August Industry Trends
The podcast highlights the typical mid-August slowdown in the entertainment industry, noting that this time of year generally brings a quiet period for reporting calls and business activities. This year, the hosts reflect on the relative calm compared to previous years, where the industry's dynamic was affected by strikes and recession fears. Although there is a sense of uncertainty among media professionals, the guests express relief that this summer’s environment feels less burdened by negative pressures. The discussion underscores the contrast to the dramatic events of the past two years, hinting at the fragile state of confidence in the industry.
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