The LightShed Podcast

[0:00] When The Saints Go Marching In.

[3:59] Apple doubles down on privacy. Will Google respond?

[11:30] How will NBA ratings benchmark to NFL?.

[15:04] A $23/month RSN streaming service is not economically viable.

[18:32] Would you pay $25/month for ESPN OTT?

[22:14] Brands follow eyeballs and TikTok is king.

[24:48] Tech companies optimize for time spent, legacy media companies do not.

[25:59] The need to pay labels is a natural byproduct of Roblox’s very real music strategy.

[28:12] Carolyn Everson a big loss for Facebook.

[31:10] Cloud games add new dimension to streaming OS wars.

[33:00] Cloud gaming allows for the creation of new gaming experiences.

[37:37] Netflix is more serious about retail and gaming as actual businesses than we originally thought.

[43:30] CBRS is not just a metro spectrum.

[46:20] Roku Originals important enough to be in the sidebar.

[49:57] Substack will become a broader direct-to-consumer publishing company.

[53:52] Do Redditors care about dilution?

[1:00:50] Aiko Aiko.

[0:00] Someone Great.

[0:59] Remembering Jason.

[6:44] The seminal moment for the return of fans to sports.

[11:28] Many open questions for Warner Bros. Discovery as their competitors keep growing.

[14:18] Studios are recognizing that movies need to be on SVOD ASAP.

[18:17] AMC warns investors about its overvalued stock.

[19:18] Meme stocks need to keep printing cash.

[23:24] Verizon adds more content to hit its revenue target.

[26:00] Network quality will ultimately determine who can grow wireless revenue.

[30:32] Amazon has not been able to build a hit so they are trying to buy it.

[36:52] NBC’s lack of comedies is the latest sign of the shift to streaming.

[39:45] Twitter is finally starting to get DR advertising right.

[42:27] WWE adding content execs to board but up to Vince to improve core storylines. 

[45:08] TikTok is stunting the growth of their competitors.

[47:25] The bigger Google TV gets, the bigger Google’s whole ecosystem gets.

[51:40] Riot relentlessly pushing to expand past League of Legends.

[53:01] All traditional games publishers need to be bigger in mobile.

[54:08] NYT needs to tie as many subscription businesses as possible to core news.

[56:03] Investors finally get a public Universal Music.

[57:03] NFT collectibles crashing but NFTs here to stay.

[59:42] Gucci within Roblox is a small taste of where the platform can go.

[1:02:00] Brokedown Palace.

[0:00] The Discovery Channel Song.

[1:25] Who was Zaslav texting?

[5:13] Legacy media’s entanglements prevent it from easily pivoting to new businesses.

[11:10] For AT&T, it is all about the dividend.

[14:31] Can Discovery delever fast enough to play the subscriber-game.

[21:33] Malone was willing to do what Brian Roberts would not: give up control.

[24:36] The fiber “light” wave is coming.

[25:53] Starlink delivers faster uplink than Cable.

[28:18] Losing Kilar is a hit to HBO’s ad-supported ambitions.

[32:45] Could 007 reinvigorate Amazon's content ambitions?

[35:56] Snap’s Spectacles continuum.

[38:27] Creator tools are table stakes for social/video platforms.

[42:02] Don’t sleep on Snap as the next metaverse player.

[43:33] The broad market opportunity for LEOs.

[45:57] Why would anyone pay for this Twitter subscription?

[49:57] Apple’s rallying cry: you’re being tracked, we can help you.

[55:31] Spotify needs more exclusives to become the dominant player in podcasting.

[59:58] Netflix’s gaming ambitions are about video’s evolution, not games.

[1:02:30] How many Saudi events can WWE fit into FY21?

[1:04:21] There is an enormous underestimation of live events demand.

[1:06:50] Wagon Queen Family Truckster.

[1:07:45] David Zaslav won the Game of Thrones.

[0:00] La Grange.

[1:10] The clearest sign of reopening.

[5:34] Honeymoon in Vegas?

[6:38] HBO Max shines through disappointing industrywide SVOD sub numbers.

[14:20] Netflix blazed path for rapid adoption rate of its peers.

[17:38] Can Disney make the ESPN OTT math work and emerge as THE destination for National sports?

[29:13] A real bet is being made on sports gambling boosting/saving sports broadcasts.

[34:07] MSG committed to capex lite strategy after Vegas Sphere.

[35:28] MSG Sports will never be combined with MSGE/N.

[36:53] Interactive media continues to take share beyond expectations.

[39:17] Competition and professionalization will cause Roblox payouts to climb higher.

[40:21] Debating who has more leverage in the Roku vs Google battle.

[47:12] Is Quibi the start of a big, multi-year content push by Roku?

[51:11] Marcelo’s laser eyes.

[53:00] Lois analyzes Discord.

[54:20] Discord is becoming what Clubhouse should have been.

[58:13] Rich marvels at AMC’s multiple.

[1:02:34] Brandon ready to get back Truckin’.

[1:02:50] Shakedown Street.

[0:00] Running on Empty.

[2:53] Amazon takes TNF from Fox a year early and both are happy.

[5:41] Are we hitting a tipping point for linear TV ad market?

[7:58] Brandon is getting his Twitter news subscription.

[12:19] Translating Charter’s comments on broadband competition.

[16:48] Zynga is chasing Applovin’s multiple.

[18:30] The Epic trial document leak.

[21:07] ATVI will release a fall COD no matter the game’s quality.

[25:26] Early trends suggest no slowdown in gaming post-pandemic.

[28:44] MSG projections suggest Sphere will be a massive home run and that MSGN will still grow. 

[28:44] No RSN knows how to make the DTC shift without making a lot less money.

[30:22] Inevitable merger between sports media content and sports betting.

[32:44] Verizon’s media sale and the quest for “revenue” growth in wireless.

[35:58] Is 10-15 MHz of uplink spectrum enough?

[41:51] Why doesn’t Paramount+ have a telco partner?

[45:42] There is historically large concert demand and the Street isn’t recognizing it.

[48:40] Live Nation hints at its version of NBA Top Shot.

[50:24] NYT needs to mimic Amazon and keep tacking on more to their subscription products.

[52:24] Partnering with creators is a smart and organic way to build your business in 2021.

[54:59] Tenet is finally on HBO Max, so we rehashed Chris Nolan one last time.

[57:23] I Like to Move It.

[0:00] Tequila!

[0:58] The Eagles spite the Giants again.

[4:09] Lois thinks the Oscars were “the worse.”

[5:44] New York is back.

[8:36] How should Endeavor’s UFC be valued?

[10:25] Walt and Rich spar over Spotify vs Apple.

[14:30] The big tech platforms keep crushing it. 

[15:24] The Mets of digital media.

[18:08] The early read on IDFA.

[23:10] What is Roku doing with their Google fight? 

[28:02] The serendipity issue for smaller streaming services.

[33:30] The Grinch can’t steal Dish’s mega bull thesis, yet.

[37:10] Will the NHL do anything for HBO Max?

[40:43] What’s the right price for ad-supported streaming tiers?

[43:44] NY RSNs should have much tighter alignment.

[48:06] Can AMC hit 90% capacity to avoid liquidity risk?

[50:32] Call of Duty speedbump?

[52:12] Elon gets a win with Starlink.

[53:33] Daniel Ek, Arsenal and the war on American owners.

[55:53] SPAC AOL/Yahoo! for the ultimate meme stock.

[57:50] You’ve Got Mail.

[0:00] We Like to Party (Vengabus).

[1:45] Happy Birthday!

[4:35] The European Super Qwikster.

[11:20] Netflix needs to deliver on Asia or it will trade at an FB multiple.

[16:05] HBO/HBO Max cranking for Kilar.

[22:20] Apple’s AirTags.

[24:41] Can podcast subscriptions shift share? Apple vs. Spotify vs. ?

[32:12] Is Discord looking for more bidders?

[37:15] Dish’s ambitious 5G strategy.

[40:12] Should Viacom and NBCU have followed Sony’s lead?

[43:41] WWE’s narrative: big tech is ready to aggressively enter sports.

[50:35] Will Telsa be regulated into adding driver monitoring for their “Full Self-Driving”.

[52:40] ATVI needs to release OW2/Diablo for the next leg up.

[55:30] Tipping underscores the disruption underway in payments.

[1:00:22] Dave Matthews Band tour is bellwether in the return of live.

[1:01:49] Vivid’s 2022 guide is way too conservative.

[1:05:24] Where not to watch live sports.

[1:08:11] Happy Birthday – Dance

[1:08:17] How old is Mark?

[0:00] Linus and Lucy.

[2:46] How do you pronounce Dogecoin?

[3:39] Brandon’s Clubhouse view evolving.

[10:14] IRL brand and media integrations within Roblox will be meaningful.

[12:42] Epic raises round at a discount to Roblox?

[14:46] The Netflix emulation continues, this time on localized content.

[21:23] How soon before Marcelo pushes Televisa Univision into public markets?

[21:52] NFL further formalizes its move into betting. Money still talks.

[23:14] Does sports betting boost ratings?

[29:03] Weekly reminder to betting operators to merge with sports content distributors.

[30:17] Apple is much more serious about content than investors realize.

[32:00] Verizon reserves the right to morph their 5G vision.

[34:58] What is true 5G and who will deliver it first in the US?

[38:12] LYV’s digital ticket already provides most advantages of blockchain.

[41:53] AEW now needs to be taken more seriously as Raw/SmackDown competitor.

[45:38] Headspace is not a meditation app, it is a lifestyle app.

[47:27] Will AMC not dilute investors in 2021 as promised?

[50:37] How broadband actually impacts DTV and Dish merger.

[55:17] RIP DMX.

[0:00] This Must Be the Place (Naïve Melody).

[1:14] Welcome to life as a Mets fan.

[2:38] Would you get married on September 11th?

[4:20] NY RSN ratings pop, Final Four ratings drop.

[10:20] Does NY’s messy sports betting solution become a paradigm for other states?

[16:34] Both MSGE and MSGN will benefit from NY’s sports betting legalization.

[19:06] Fubo’s market cap is up ~$500 million on streaming rights that will barely drive new subs.

[23:06] Could the Fox/Flutter litigation lead to a reshuffling of Rupert’s assets?

[28:57] Twitter’s Clubhouse bid proves that they actually believe in the audio format.

[33:53] The acceleration in private market valuations.

[36:11] We can’t believe that Disney lost out on Sony’s Pay 1 deal to Netflix.

[41:00] Can Biden build broadband better?

[49:29] It is a big deal that HBO Max is Warner’s new second window.

[55:01] Increasingly acquisitive Snap’s latest deal a collision of commerce and media.

[57:26] Who wants to own a set-top box business?

[1:00:41] Even the legacy media companies are acknowledging that the future is streaming.

[1:03:31] The End.

[0:00] Parallel 6.

[2:20] “I had a great vacation. The WiFi was awesome.”

[6:09] Will AMC meme investors authorize the dilution to reduce debt?

[9:46] Godzilla simul-release gave consumers choice and didn’t dampen the box office.

[16:30] NY will be the biggest mobile sports betting market in the country.

[20:10] Another sports betting content acquisition.

[22:03] Your next flight could take less time.

[24:38] Why Discord could be the Clubhouse killer.

[33:21] T-Mobile kills TVision. Should anyone have their own MVPD?

[38:03] Price check on Fubo in Chicago: $71.

[40:01] Weekly reminder that WarnerMedia and NBCU should merge.

[42:47] The shorter the windows the better for Netflix.

[44:09] Can Snap wearables compete with Apple?

[46:49] DAZN is becoming a major player internationally.

[49:25] Marrying NFTs with ticketing.

[54:56] Elon joins the Endeavor board.

[56:33] Marcelo takes a victory lap on WeWork?

[1:00:41] Welcome to Miami.