The Town with Matthew Belloni cover image

The Town with Matthew Belloni

SNL’s Fate After Lorne, and Streaming’s Most Overpriced Platforms

Feb 18, 2025
Lucas Shaw, a Bloomberg reporter with a keen focus on media and entertainment, joins the discussion to dissect the future of 'SNL' following Lorne Michaels' potential departure. They weigh the show's hefty costs against its cultural significance. Shaw also dives into the streaming landscape, analyzing which platforms are overvalued versus those offering real value based on viewership. The conversation wraps with a cheeky look at Kevin Costner's 'Horizon' and its place in the ever-shifting media scene.
32:57

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Saturday Night Live's future is uncertain post-Lorne Michaels, particularly regarding production costs and cultural relevance in a fragmented media landscape.
  • Recent data shows Netflix is significantly underpriced compared to competitors, suggesting potential for a price increase alongside its viewer engagement levels.

Deep dives

Streaming Engagement Trends

Recent data reveals that Netflix is significantly underpriced compared to its competitors, with viewers paying just 36 cents per hour of programming. In contrast, Paramount Plus charges 83 cents per hour, highlighting how much cheaper Netflix is per viewing hour. Despite this lower pricing, Netflix maintains an engagement level that indicates strong interest among subscribers, potentially suggesting room for a price increase. The challenges facing other streaming platforms raise questions about how they can compete with the continued popularity of Netflix and their ability to attract and retain viewers.

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