Latest / Earn Your Leisure / Is Netflix the New Cable? Mega Deals, Paramount Drama & Why You Should Hold Long-Term

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Is Netflix the New Cable? Mega Deals, Paramount Drama & Why You Should Hold Long-Term · Earn Your Leisure

• 0:00
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• 1:38
  Speaker 3: So Netflix has been making a lot of news this
• 1:40
  Speaker 3: whole entire year, but uh, that was one of the questions.
• 1:44
  Speaker 1: Is it going to pass over one hundred dollars any
• 1:45
  Speaker 1: time soon? Yes?
• 1:52
  Speaker 3: I mean I think that's an easy target for them
• 1:54
  Speaker 3: to hit. But I think the fallowing of Netflix is
• 1:58
  Speaker 3: a canaria and the coal mine for what's to come.
• 2:02
  Speaker 3: But the reason why I keep telling people to double
• 2:05
  Speaker 3: down now because you see all the companies doing it. Troy,
• 2:08
  Speaker 3: you just brought up infrastructure and data centers. But even
• 2:11
  Speaker 3: for Paramount to come back and say, well, Larry Ellison
• 2:15
  Speaker 3: would personally guarantee you're okay. So when people ask what
• 2:19
  Speaker 3: to mote Netflix having that fight this weekend, and all
• 2:25
  Speaker 3: the investment that they're going to put into future content
• 2:28
  Speaker 3: to now become our generation's version of cable is then
• 2:31
  Speaker 3: building a mote in front of our face.
• 2:34
  Speaker 1: Will they go back to one hundred Yes?
• 2:36
  Speaker 3: Are we going to still see the thirty five percent
• 2:40
  Speaker 3: year of year games? Probably not because they eat out
• 2:43
  Speaker 3: fifteen to twenty percent games.
• 2:44
  Speaker 1: Yes. Is Netflix to buy? Yes?
• 2:47
  Speaker 3: They are the verb in the category and probably one
• 2:52
  Speaker 3: of the best run companies in the media space. Like
• 2:56
  Speaker 3: you look at what everything Netflix has done, Disney has
• 3:01
  Speaker 3: dropped the ball on what they should have done. Now
• 3:04
  Speaker 3: there's a lot of regulatory reasons and personal vendettas inside
• 3:07
  Speaker 3: of why, but what they get back to one hundred?
• 3:09
  Speaker 1: Yes, hold for the long term. You got a community, fine.
• 3:13
  Speaker 2: You gotta you got a whole Netflix. I mean Netflix
• 3:16
  Speaker 2: has come into an interesting time obviously the stock split
• 3:19
  Speaker 2: happens and then the potential merger. Here it's interesting because
• 3:26
  Speaker 2: this is their quarter, like this is the quarter where
• 3:29
  Speaker 2: you start to see what they're rolling now for their future. Obviously,
• 3:32
  Speaker 2: another fight more live sports with the NFL happening on Christmas.
• 3:36
  Speaker 2: Here Stranger Things is blowing out all of its expectations.
• 3:42
  Speaker 2: But inside of that, they got the Diddy documentary. I know,
• 3:45
  Speaker 2: we can say what we want, how we feel about it,
• 3:46
  Speaker 2: but you're talking about over three billion views for a
• 3:49
  Speaker 2: documentary that you didn't even expect to be on the docket.
• 3:52
  Speaker 1: Yep.
• 3:53
  Speaker 2: And so that tells you, all right, there's growth here.
• 3:57
  Speaker 2: People are really watching that, and people are subscribing at records,
• 4:02
  Speaker 2: and then you go into the iHeart deal and it's like, okay,
• 4:05
  Speaker 2: well that's significant because now they want to be a
• 4:08
  Speaker 2: part of your daily life. Right because when you watch Netflix,
• 4:11
  Speaker 2: you watch the show, you're done with it in the day. Well,
• 4:13
  Speaker 2: how can I become a part of your daily life
• 4:14
  Speaker 2: if I don't have sports every day?
• 4:16
  Speaker 1: What are people doing every day?
• 4:18
  Speaker 2: Well, a lot of people are listening to podcasts on
• 4:21
  Speaker 2: a daily basis, and if they have the video component,
• 4:23
  Speaker 2: you're probably watching that on a daily basis or at
• 4:26
  Speaker 2: some point during your week. So if I can be
• 4:28
  Speaker 2: part of your weekly schedule as opposed to, Hey, Stranger
• 4:32
  Speaker 2: Things is done, I watch it all or switch season
• 4:35
  Speaker 2: it's seasonal, I'm done with it. Remember when Narcos was
• 4:38
  Speaker 2: the thing we were, you know, we're done with that.
• 4:40
  Speaker 2: In a weekend, how can I become part of your
• 4:43
  Speaker 2: everyday ritual. If I can't do it in a lot
• 4:45
  Speaker 2: of sports, I'm gonna do it something that is also
• 4:46
  Speaker 2: entertaining you, which is podcasts, which is a huge business.
• 4:49
  Speaker 2: Obviously you know we're a part of that business. The
• 4:53
  Speaker 2: growth is there, the potential is there. This merger has
• 4:56
  Speaker 2: kind of curve balled it a little bit, but I
• 4:59
  Speaker 2: still like this long term.
• 5:00
  Speaker 1: I'm in. I got a few positions in Netflix. Hold
• 5:03
  Speaker 1: for the long term, yo.
• 5:04
  Speaker 3: But we've been screaming the same thing, like just hold,
• 5:07
  Speaker 3: be faithful to your portfolio so you can be free.
• 5:09
  Speaker 1: Put it in chat.
• 5:11
  Speaker 3: None of just three month bullshit, six months. Everything has
• 5:14
  Speaker 3: to be five years deep. Like everyone in tech is
• 5:17
  Speaker 3: playing twenty and thirty year games right now. Larry Ellison
• 5:22
  Speaker 3: is personally guaranteeing billions of dollars for the benefit of
• 5:25
  Speaker 3: his fucking son, and people are worried about a three
• 5:27
  Speaker 3: month on hold. I've been telling you this beginning hold
• 5:30
  Speaker 3: for five years. Stay inside because a lot of y'all
• 5:32
  Speaker 3: who popping it on the gram. You're hurting right now.
• 5:36
  Speaker 3: Derek just told you I can see who living through
• 5:40
  Speaker 3: the business. You got lifestyle businesses and then aggress what
• 5:44
  Speaker 3: they keep raising the prices on everything.
• 5:47
  Speaker 1: Yeah, that lifestyle games.
• 5:49
  Speaker 2: So Larry Elson thing is, I mean we've been talking
• 5:51
  Speaker 2: about him for a year now in terms of the
• 5:54
  Speaker 2: moves that he's making obviously from Stargate.
• 5:56
  Speaker 1: Uh. And then with.
• 5:58
  Speaker 2: TikTok TikTok, like all the news with the paramount potential
• 6:03
  Speaker 2: merger with Warner Brothers. You know, they got approved and
• 6:06
  Speaker 2: now they got fifty percent ownership and TikTok, which you
• 6:09
  Speaker 2: know I kind of said like if you look at
• 6:11
  Speaker 2: who's doing the cloud server for TikTok, it was Oracle
• 6:13
  Speaker 2: in twenty twenty, they got that deal, they were going
• 6:15
  Speaker 2: to be the leader to be an investment. But him saying, look,
• 6:19
  Speaker 2: I'm putting forty billion up guaranteed. It's interesting because two
• 6:22
  Speaker 2: weeks ago when the CFO of Netflix was on he
• 6:25
  Speaker 2: said that that was not part of the deal. Two
• 6:27
  Speaker 2: weeks later now they got a personal guarantee for forty billion,
• 6:30
  Speaker 2: which tell you how important to them having that network
• 6:34
  Speaker 2: is in terms of spreading the messages that they want,
• 6:37
  Speaker 2: have a control of the messages that they want, and
• 6:40
  Speaker 2: having media. So one thing that the ELSN group and
• 6:44
  Speaker 2: I say group because David is the son at the
• 6:46
  Speaker 2: head of Scott Dance. In Paramount, Larry's obviously the dad
• 6:49
  Speaker 2: in the head of Oracle. They don't have a media
• 6:52
  Speaker 2: arm the way that they want to, right, And I
• 6:54
  Speaker 2: told during that class, look, Paramount does not make money.
• 6:58
  Speaker 2: Scott Dance does make some money, but now enough to
• 7:00
  Speaker 2: have this merger. Where were they going to get the
• 7:02
  Speaker 2: back end? Dad said, look, I know I'm worth two
• 7:05
  Speaker 2: hundred and fifty. He's forty guaranteed. I put a full
• 7:08
  Speaker 2: cast deal, all cast deal.
• 7:12
  Speaker 3: Because in the next election, if you can go back
• 7:15
  Speaker 3: into that White House and say well I can get
• 7:17
  Speaker 3: you thirty six more million viewers per month, datall secure
• 7:21
  Speaker 3: the financing that you need for the other ventures to go.
• 7:23
  Speaker 1: Well, this is war games, that's all.
• 7:26
  Speaker 3: Like the tone that you see, it's like it is
• 7:28
  Speaker 3: not time to play at all. Notice and the people
• 7:32
  Speaker 3: who sold off their companies in the last few years.
• 7:35
  Speaker 1: The UFC selling was interesting.
• 7:38
  Speaker 3: Then Dana ended up in the White House and on
• 7:40
  Speaker 3: the border meta Meta's involvement in the White House, Vince
• 7:44
  Speaker 3: McMahon walking away, but then they cut his legs from
• 7:47
  Speaker 3: underneath him and told every little secret.
• 7:49
  Speaker 1: That was the first ditty doc to lower the evaluation. Please.
• 7:53
  Speaker 3: I am begging you because you don't know when we're
• 7:55
  Speaker 3: going in the show, cause one day he's gonna pop up.
• 7:58
  Speaker 3: I'm like, it's been fun deploy capital into the best
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