The LightShed Podcast

[0:00] Heads Will Roll.

[3:21] The conference call filibuster.

[8:15] Chapek and Zaslav are strategic opposites.

[20:49] The new new bundle.

[23:33] Attention entrepreneurs: Walt has a business idea.

[25:55] tvOS war enters its next phase.

[28:07] When does sports rights inflation topple traditional media?

[31:10] Last out of Tesla?

[33:48] Starlink rural broadband subsidy denied in surprise decision by FCC.

[39:01] Roblox’s age-up is working but there must be continued investment.

[45:08] Grand Theft Auto is bigger than The Avengers.

[47:28] AppLovin threatened by a Unity/ironSource merger.

[50:42] T-Mobile starts mopping up spectrum.

[54:47] Instagram still growing among US teens.

[1:00:16] Is TikTok search a threat to Google?

[1:02:59] Apple barely a factor in podcast originals.

[1:04:29] Amazon quietly developing the building blocks for AR.

[1:04:57] Between a Rock and a Hard Place

[0:00] Greenlander.

[1:19] When did Rich graduate from high school?

[5:13] Warner Bros. Discovery undoes Jason Kilar’s vision.

[12:53] Netflix is a beneficiary of WBD’s pivot.

[14:42] Elon’s bot argument is irrelevant.

[18:23] CTV advertising market is changing at a rapid rate.

[20:45] Live Nation is on fire with no signs of slowing down.

[25:35] Verizon latest telco to cut costs.

[28:17] Cable industry in denial about fixed wireless impact.

[30:05] Should the government block big tech M&A before market dominance is established?

[33:17] Why can’t Instagram balance pictures and video?

[35:45] Apple is using privacy changes to drive their own ads business.

[38:15] Activision’s 2023 setup looks strong independent of Microsoft.

[41:53] Comcast should want to merge NBCU with WBD, not Lionsgate.

[44:13] Instability at Match as online dating becomes a mature business.

[48:34] Thank you Amazon for alternatives to the boomer-cast.

[52:38] Fubo’s sports betting fantasy evaporates. 

[54:40] Your next question is from Richard Greenland.

[56:33] Apple really wants you to watch Luck this weekend.

[57:48] It Ain’t Easy Being Green. 

[0:00] The Modern Age.

[1:32] Happy birthday Rich!

[4:47] Consumers continue to shift away from products and towards experiences and services.

[10:10] Comcast should shutter Peacock and buy Hulu.

[15:35] Comcast loses broadband subs to T-Mobile and Verizon wireless.

[20:03] Comcast does not need Charter in the tvOS wars.

[22:30] Meta DAUs up, but was time spent up?

[24:16] Instagram moving towards video as they have been forever.

[29:32] Meta needs M&A to build their metaverse.

[32:34] Why is Meta raising the price of Quest?

[33:50] We do not believe that WWE wants to sell.

[44:34] Iridium connectivity coming to smartphones.

[46:40] Is Google interested in sports rights after all?

[50:26] FanDuel TV is a perfect content/gambling match.

[52:09] Spotify can still grow subs even if TikTok begins to compete.

[55:23] Why is Amazon raising Prime price so much in Europe?

[58:17] Apple’s misleading framing of the Netflix app.

[1:02:39] Netflix needs to build franchises but is Gray Man the place to start?

[1:04:05] Not Shocking: Elon wants to keep pushing the trial date.

[1:05:03] Let’s Go Mets.

[1:05:53] Happy.

[0:00] In The Flesh.

[1:47] The sad highlight of Rich’s week.

[4:13] Where was Evan?

[10:08] Meta’s EPS release will help us understand Snap’s position.

[13:50] Why are ad agencies raising guidance while digital ad companies crumble?

[15:19] Consumers not cutting wireless spending yet.

[20:17] Should TMUS buy the rest of Altice?

[28:25] Defining the entertainment graph.

[31:34] No buzzwords – the internet is going to keep evolving with technology.

[38:13] Netflix’s huge advertising opportunity.

[40:28] Springsteen fans’ misplaced outrage.

[45:58] Amazon no longer has the worst streaming user interface.

[48:51] Disney+ transformation takes the next step.

[50:40] Why is Iger still bashing Chapek?

[52:52] ESPN+ price supports more live sports.

[56:32] Shopify/YouTube partnership points out the underlying challenges facing creators.

[58:13] Ari Emanuel is 61 going on 35.

[1:00:08] Market confidence building that Twitter will be sold for $54.20.

[1:00:45] Eclipse.

[0:00] You’re Crazy.

[2:44] New Yorkers drive out Mario Draghi.

[3:55] Joe finally takes a vacation.

[6:21] Microsoft’s BIG guarantee to win Netflix ad biz.

[13:39] Disney/Trade Desk deal is limited by time spent.

[17:43] Warner Bros. Discovery continues to erase Jason Kilar’s influence.

[23:05] Amazon Prime+?

[27:06] Apple’s focus on quality is reflected in Emmy nominations.

[29:50] Marketing matters in streaming and Netflix must do better.

[30:40] Are T-Mobile’s job cuts the start of the broader trend?

[32:45] Masa's promises made, promises not kept.

[36:22] The best product is now the biggest vMVPD.

[39:58] WWE weighing the tradeoffs of TV-14 ahead of content negotiations.

[44:46] Unity aims for AppLovin in ironSource deal.

[46:38] Amazon has been major beneficiary of IDFA.

[48:18] Amazon wants to win the tvOS war.

[51:08] Nintendo ready to build a broader media company.

[52:35] Pinterest is ripe for a takeover.

[54:06] Elon/Twitter drama never stops.

[56:10] Every Rose Has Its Thorn.

[0:00] Lazy Mary.

[1:27] Wall Street, Italy.

[7:31] Skeptical Musk can avoid paying $54.20 for Twitter.

[14:15] TikTok privacy concerns are bipartisan.

[18:32] TikTok memes can drive content success.

[22:55] Sunday Ticket heading to streaming, not surprising.

[24:03] Fanatics’ Michael Rubin is media trained.

[26:14] How you can breakup Duke and UNC?

[29:07] Walt takes the under.

[31:00] Endeavor is logical if WWE must be sold.

[36:56] Misra is a survivor.

[38:41] Hulu is superfluous to Disney’s ambitions.

[42:33] Meta offers a new graph out of necessity.

[46:23] We are not at domestic Peak TV spending…yet.

[56:26] Will Stranger Things’ success actually drive outperformance?

[58:35] Wen pounce.

[59:44] Starlink exceeded Walt’s expectations.

[59:51] That’s Amore.

[0:00] Coming to America.

[2:12] Brandon plans (planned*) to be back in NYC tomorrow.

[5:58] FCC Chair is only person that matters in a TikTok fight.

[9:22] Supreme Court ruling limits the authority of federal agencies.

[13:22] The perfect storm impacting Meta. 

[17:15] Why are investors not paying attention to Twitter acquisition?

[21:39] Pinterest should not be a standalone company.

[23:32] Chapek now has three years to make Disney his own.

[34:07] The importance of reach and cross-promotion in sports media.  

[39:09] We still expect Apple to win Sunday Ticket.

[40:32] Big 10 additions are all about the media rights.

[46:11] The bundle’s sports offerings get weaker every week.

[48:01] T-Mobile's new revenue stream.

[50:05] Free to play is an opportunity to reinvigorate old games

[53:27] CW/Nexstar transaction is multiple years too late.

[56:04] Adam Aron should not be taking a victory lap.

[58:27] Good luck baseball.

[59:47] Star Spangled Banner.

[0:00] Circle of Life.

[1:08] There I was in the Congo.

[1:48] Surrounded by lions.

[2:25] Rich finally got covid.

[4:22] Netflix is not going to save the TV ad biz.

[12:20] Apple's big sports ambitions.  

[24:01] Debating the purchase of virtual goods in the #metaverse.

[30:40] We’ll believe Apple has an AR product when we see it.

[32:34] Metaverse is only upside for Meta’s long-term holders.

[38:01] Sievert’s manifesto.

[40:11] Do faster speeds drive wireless decision-making?

[47:43] The WWE crowd loves Vince but does the Board?

[51:33] RSNs cannot properly go DTC until ESPN does.

[55:10] Fanatics officially enters sports betting.

[57:51] Netflix does not need, or want, Roku.

[58:58] Win some, lose some.

[1:00:57] Brandon missed the Bored Ape Yacht Club party.

[1:03:10] All My Friends.

[0:00] Africa.

[1:12] Live from Rwanda.

[5:48] Companies are reacting quickly to the coming recession.

[9:20] Credit Jeff Shell for his ad market honesty.

[12:37] Second round of price increases for AT&T and Verizon.

[17:20] Is WWE for sale?

[23:42] Cable broadband feeling competition.

[33:11] Disney’s IPL surprise.

[38:54] Elon has big plans for Twitter.

[43:59] Smart for Meta to lean into AI/algo over social graph.

[46:26] Blizzard is finally getting content out.

[47:50] Down to the wire for Dish.

[50:59] Is that why the Roku employee trading window closed? 

[54:00] Concerning Roblox DAU trends must reverse with summer seasonality.

[56:56] 90 Day Fiancé is not GoT or Westworld.

[58:56] Snap subscription is low hanging fruit.

[1:00:15] Apes strike back against Adam Aron.

[1:01:54] July 4th travel disaster incoming.

[1:02:03] Undertaker Theme Song.

[0:00] Hot Hot Hot.

[1:46] What do cherries cost per pound?

[4:35] Will TV ad sales downturn impact legacy media AVOD/SVOD spend?

[8:07] Netflix is not buying Roku, sorry Roku employees.

[12:52] If Disney Board believes in Chapek, then renew his contract.

[15:35] Will others follow AT&T’s lead and drop included content?

[20:15] Spotify comes out swinging.

[25:18] Netflix needs more franchises like Stranger Things. 

[30:50] What’s old is new at Apple. 

[33:52] What does Apple's WWDC "No Fingerprinting" edict mean to ad biz? 

[36:00] Is Meta attacking the most compelling part of the metaverse? 

[38:05] Identity is a key element of the metaverse.

[41:07] How do regulators define markets?

[45:32] Microsoft wants as many gamers as humanly possible.

[48:35] Competition for T-Mobile in upcoming wireless auction.

[50:30] Does Amazon exiting IPL bidding help Disney/Hotstar? 

[51:51]] Could Netflix license F1 in US?

[54:17] MSGS is trading at a significant discount.

[56:41] Web3 snowflakes.

[59:54] N95.