Millions Lose ESPN and ABC In Disney-Spectrum Beef & NYC's Airbnb Crackdown
Sep 6, 2023
27:45
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The podcast discusses the blackout of ESPN and ABC, the impact of new regulations on Airbnb in NYC, the release of the video game Starfield and concerns about its gameplay, and Germany's struggling economy and failure to adapt to new industries.
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Quick takeaways
The contract dispute between Disney and Charter Spectrum highlights the broken model of cable TV and the potential for a future without traditional cable.
New regulations in NYC are cracking down on Airbnb, aiming to address housing concerns but also limiting income opportunities for hosts.
Deep dives
The Future of TV Hangs in the Balance
The contract fight between Disney and Charter over content costs could determine the future of cable TV as a business model. Both companies have acknowledged that the current cable TV model is broken beyond repair, and they are prepared to break off their relationship entirely. Charter is looking for more flexibility in bundling programming for subscribers, while Disney wants Charter to pay more for their content. The outcome of this dispute has significant implications for the cable TV industry.
New Regulations Pose Challenges for Airbnb in New York City
New regulations require hosts in New York City to meet strict occupancy regulations and building codes, leading to the potential closure of thousands of Airbnb listings. Market analytics firm ARDNA estimates that only 9,500 out of 38,500 Airbnb listings in the city are legal. The new rules aim to address housing and affordability concerns, as critics argue that too many units are being used exclusively for short-term rentals. While some see the regulations as necessary, others argue that they limit flexibility and remove income opportunities for hosts.
Lucid Motors CEO Receives Record-Breaking Pay Package
Peter Rawlinson, the CEO of Lucid Motors, received a compensation package worth $379 million in 2022, despite the company's underperformance. The package included a $575,000 base salary, stock options, and stock awards. Lucid Motors' stock fell over 82% in 2022, and the company's total revenue was only $608 million. Rawlinson's pay package raises questions about executive compensation and its alignment with company performance.
Episode 141: Neal and Toby discuss the fight between Disney and cable provider Charter Spectrum and why ESPN and ABC has been blacked out for millions of people, and what does it mean for the future of cable? Plus, NYC cracks down on Airbnb and video game 'Starfield' finally hits the market after years in the making. Also the guys break down why the German economy is struggling and what CEO makes $379 million a year. Finally, who is trying to dig through the great wall of China?