Robert Fishman

Michael Nathanson, a top-tier analyst at MoffettNathanson, and Robert Fishman, an equity research analyst at the same firm, share insights on the intensifying competition between Netflix and YouTube in the streaming arena. They discuss the evolving landscape of sports media rights and speculate on ESPN's future. The duo delves into how sports betting could reshape the industry and reveal strategies for captivating audiences with innovative event presentations. Get ready for a lively debate on the future of media and sports!

Michael Nathanson, founder of MoffettNathanson, and senior analyst Robert Fishman dive into the media industry's fierce competition. They discuss the necessity of global scale for traditional media to stand against giants like Netflix and Amazon. The conversation highlights the potential for a Paramount Skydance merger and whether it could break the cycle of previous mergers failing to deliver shareholder value. They also explore how tech companies reshaped the landscape, leaving legacy media to adapt or risk obsolescence.

Christian Nolting, Deutsche Bank's Chief Investment Officer, shares insights on the 2026 market outlook, predicting tech's continued strength and three Fed interest rate cuts. His analysis points to persistent inflation and a stable Treasury yield. Meanwhile, Robert Fishman from MoffettNathanson dives into the Netflix-Warner Bros. Discovery deal, discussing the competitive landscape and regulatory challenges. He highlights the stakes for Paramount and Comcast, emphasizing the existential need for premium content in a shifting industry.

The podcast features guests including Mizuho Securities Chief US Economist, Citi Head of US Equity Trading Strategy, a Senior Fellow from Yale University, and a Senior Research Analyst. They discuss topics like resilient US jobless claims, bullishness in market performance, US-China relations, and the potential merger of Warner Bros. Discovery and Paramount Global. They also touch on rising shipping costs, the impact of new bank capital rules, and challenges in the media industry.

In this discussion, Robert Fishman, a senior analyst specializing in sports media, and Michael Nathanson, founding partner at MoffettNathanson, delve into ESPN's bold acquisition of the NFL Network. They analyze how this partnership could bolster ESPN's bargaining power and its implications for Disney. Topics include YouTube's ambitions in sports streaming, the financial intricacies behind major deals, and the evolving landscape of sports broadcasting. They offer valuable insights on the competition between traditional networks and emerging digital platforms.