The Town with Matthew Belloni Netflix’s Greta Gerwig Situation, a Buried Clint Eastwood Movie, and Streaming’s Good Week
8 snips
Nov 11, 2024 
Lucas Shaw, a Bloomberg reporter focused on media and entertainment, joins to discuss the recent earnings of Warner Bros. Discovery and the overall recovery of streaming services. They explore Netflix’s new approach with Greta Gerwig’s Narnia film getting IMAX screenings, hinting at a potential shift in strategy. The conversation also highlights the mystery behind Clint Eastwood's buried project, 'Juror #2,' and wraps up with insights about the future of the 'Mission Impossible' franchise amid evolving cinematic trends.
AI Snips
Chapters
Books
Transcript
Episode notes
Streaming’s Turning Point?
- Legacy media companies' streaming services are showing positive momentum, with reduced costs and fewer shows leading to improved earnings.
- Despite growth, streaming revenue increases are negligible, and overall company revenues are still shrinking due to linear TV losses.
Streaming Growth and Revenue
- Streaming is becoming a viable business but not enough to offset declines in linear television.
- Growth in streaming revenue has been minimal, possibly due to heavy discounting and bundling.
Netflix and Talent
- Margot Robbie and Emerald Fennell rejected a $150 million offer from Netflix for "Wuthering Heights," opting for a theatrical release with Warner Bros.
- This, along with Greta Gerwig's push for IMAX release of her Narnia film, suggests a shift in talent's view of streaming.
