AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Motley Fool Money
Netflix Gets Raw
Jan 23, 2024
Bill Mann, an investment analyst with a knack for business news, dives into Netflix's monumental $5 billion deal with WWE, discussing its implications for streaming and wrestling's global appeal. Alongside him, Michael Finke, a retirement planning expert, shares insights on crucial withdrawal strategies for financial security. They explore the recent financial struggles of Procter & Gamble and Charles Schwab, while emphasizing the importance of balancing immediate enjoyment with future security in retirement planning.
33:43
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Netflix aims to tap into a wider audience and leverage the popularity of wrestling by securing a 10-year, $5 billion deal with WWE Raw, highlighting their focus on live events to strengthen their position in the competitive streaming industry.
- Despite a significant write-down of $1.3 billion for Gillette, Proctor and Gamble's overall financial performance remains strong, with a 21% rise in operating income for the quarter year-over-year, reflecting the complex nature of assessing investment value and the impact of changes in distribution channels and currency exchange rates.
Deep dives
Netflix's $5 billion deal for WWE Raw and the appeal of live events
Netflix has secured a major deal, paying $5 billion for the rights to stream WWE Raw for 10 years starting next January. The move signifies Netflix's focus on live events as a way to strengthen its position in the competitive streaming industry. Wrestling, in particular, offers the advantage of having both live entertainment and a longer-lasting appeal due to its ongoing storylines. By investing in live events like WWE Raw, Netflix aims to tap into a wider audience and leverage the popularity of wrestling, especially in international markets like Saudi Arabia.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode