Episode 176: Netflix Q2 Earnings, Industry Doom and Gloom Overrated; Fandango to Compete in the FAST Market

This week, I discuss Netflix's earnings, the new numbers it disclosed regarding live streaming, confirmation that engagement didn't decline, double-digit revenue growth in all regions, and the largest share buybacks in company history. I explain that while some suggest that Netflix's business is "broken" or "collapsing," none of it is based on facts or supported by any actual numbers. (Nielsen's don't count)I also cover Fandango's push to become a FAST platform, with its owner, Versant, having acquired rights to air Bundesliga games in the U.S., some of which stream on Fandango. I also talk about the company's goal of having what they say will be a better FAST experience, with lower ad loads and its claims that it has a unique advantage in bringing audiences in through recent theatrical releases.Finally, I cover why I don't think a streamer will secure U.S. rights to the 2030 FIFA World Cup, since the largest viewing audience will require a combination of linear TV and streaming.Podcast produced by Security Halt Media