PODCAST:Bloomberg Technology
TITLE:Netflix Earnings Preview, Acquisition of WWE's Raw
DATE:2024-01-23 00:00:00
URL:
MODEL:gpt-4-gizmo
The episode of Bloomberg Technology dated January 23, 2024, hosted by Ed Ludlow, focused on several key developments in the technology and entertainment industries. The main highlight was Netflix's strategic move into live events through a significant $5 billion deal with TKO, the parent company of WWE. This deal, spanning ten years, brings Monday Night Raw live on the Netflix platform starting in January 2025. The agreement extends beyond the US, offering exclusivity on various WWE brands and pay-per-view events in new markets, potentially attracting a global audience. WWE President Nick Khan expressed satisfaction with the deal, emphasizing its alignment with Netflix's expansion into sports entertainment and its potential to enhance WWE's global footprint.
In addition to this major development, the episode touched upon Netflix's upcoming earnings release, with expectations running high for subscriber growth. Analysts anticipated robust growth due to Netflix's initiatives like its advertising tier and crackdown on password sharing. The episode also discussed Samsung's exploration of a non-invasive blood sugar monitor, positioning the company to compete with tech giants like Apple in wearable technology.
Furthermore, the episode delved into other significant topics in the technology sector. This included the discussion of a blood sugar monitor being developed by Samsung to rival other tech giants, the state of tech earnings with a focus on Verizon and Texas Instruments, and a closer look at Netflix's strategy ahead of its earnings report. The show also highlighted Netflix's content pipeline, including the departure of its film chief, and the potential implications for the platform's content offerings.
The program concluded with a discussion of various tech and entertainment-related topics, including the changing dynamics of currency usage in the UK, with a focus on the declining relevance of the penny, and the evolving demographics of e-commerce platforms, particularly the surge in older users on platforms like Timu. The episode provided a comprehensive overview of the current state and future prospects of key players and trends in the technology and entertainment industries.
