AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
How Hollywood Drove Its Business Model Off a Cliff
Plain English with Derek Thompson
Legacy Companies' Misconception on Consumer Demand for Individual Apps
Legacy companies needed to adapt to the digital era by licensing their content to Netflix and creating TV everywhere apps. However, having multiple apps became cumbersome for consumers who wanted everything in one place like Netflix offers. The misconception was that consumers would want individual apps for each company's content, but in reality, they prefer a consolidated platform. This is similar to the concept of pay TV, where consumers were willing to pay for a bundled package even if they didn't want every single channel. It's comparable to the newspaper model, where readers would subscribe for access to specific sections.
00:00
Transcript
Episode notes
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