The Prof G Pod with Scott Galloway Prof G Markets: Fox’s Stock After Tucker Carlson, J&J’s IPO Roadshow, and Google and Meta’s Earnings
5 snips
May 1, 2023 
Scott Galloway hosts Ed Elson, a media analyst, and Jason Stavvers, Editor-in-chief at ProfG media, as they dive into the shockwaves from Tucker Carlson's departure from Fox and its market ramifications. They discuss the future of IPOs through Johnson & Johnson's strategies, and dissect earnings from Google and Meta, highlighting unexpected victories in ad growth. The conversation also tackles the innovator's dilemma faced by Google, exploring how disruptive technologies are challenging its supremacy in search. It's a lively mix of insights on current market trends and the evolving media landscape.
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The Power of Scarcity
- Create scarcity in your professional and personal life to increase perceived value.
- Say no often, leave events early, and position yourself as a luxury brand.
Partisan Anchor Firings
- The most partisan anchors on CNN and Fox News, Don Lemon and Tucker Carlson, were fired around the same time.
- This might be due to the structural decline in the ad-supported market, as bad behavior is less tolerated during bad times.
Market Reaction to Fox News Events
- Fox News' stock dropped significantly after Tucker Carlson's departure, but not as much after the Dominion settlement.
- This suggests the market is more concerned with the uncertainty of replacing a prominent host than a known financial hit.
