May 19 • 36M
Hollywood's Disappearing ATM Machine
Cable TV was the golden goose that bankrolled streaming. What went wrong so fast and its role in the writers' revolt
Listen in as The Ankler team and industry insiders break down Hollywood’s latest business headlines, power struggles and trends shaping the future of entertainment.
It’s unsettling times right now, with SAG calling for a strike authorization vote, writers on the picket, and Disney+ and Hulu purging content to cut costs. Sean McNulty, Elaine Low and Richard Rushfield today talk headlines, but also how the industry got here, unpacking the guilds’ and AMPTP’s differing visions for the future, and how streaming’s great promise was bankrolled by cable TV, the industry’s rapidly-disappearing ATM. Also: the hype around Netflix’s ad-tier numbers (4:18) and takeaways from a week of unconventional upfronts (0:15).
For a full transcript, click here.