The Powers That Be: Daily

FAANGs Out for Hollywood

11 snips
Apr 9, 2025
Julia Alexander, a media and entertainment reporter at Puck, delves into the intriguing intersection of Big Tech and Hollywood. She discusses how economic volatility and tariffs could influence Apple's commitment to its content business. The conversation shifts to YouTube TV's impressive growth, particularly its user-friendly design and innovative acquisition of NFL's Sunday Ticket. They explore whether such strategies can genuinely rival traditional cable, especially among younger audiences seeking digital options for sports and entertainment.
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INSIGHT

Tech Giants and Media

  • Apple and Amazon face an existential question regarding their level of commitment to the media business.
  • Tariffs impacting their core businesses could provide a convenient excuse to scale back media investments without executive ego damage.
INSIGHT

Streaming and Recession

  • Consumer spending on streaming services may shift during a recession.
  • At-home entertainment historically becomes more valuable, but the next two years will see consolidation in the streaming market.
ANECDOTE

Peacock's Value Proposition

  • A TikTok financial advisor suggested canceling non-essential services like Peacock during a recession.
  • Peter Hamby found this amusing, highlighting Peacock's perceived lack of essential content.
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