Entertainment Strategy Guy
@entstrategyguy.bsky.social
A jam packed Streaming Ratings Report is out. The Witcher! Mayor of Kingstown! Frankenstein! Fantastic Four! Jurassic World and many many more!
entertainment.substack.com/p/what-happe...
entertainment.substack.com/p/what-happe...
What Happened to The Witcher and Mayor of Kingstown?
The Streaming Ratings Report for 27-Oct and 3-Nov
entertainment.substack.com
December 12, 2025 at 9:52 PM
A jam packed Streaming Ratings Report is out. The Witcher! Mayor of Kingstown! Frankenstein! Fantastic Four! Jurassic World and many many more!
entertainment.substack.com/p/what-happe...
entertainment.substack.com/p/what-happe...
Spoiler alert: I hate using the term “gaslighting” but, hoo boy, I struggle to read pro-LLM pundits and wonder what they’re seeing that I’m not with this new technology.
Poll: My editor/researcher timed himself using a LLM for a data collection task vs. doing it himself. Question:
1. He did the task quicker than the LLM.
2. He saved time using the LLM.
1. He did the task quicker than the LLM.
2. He saved time using the LLM.
December 12, 2025 at 8:43 PM
Spoiler alert: I hate using the term “gaslighting” but, hoo boy, I struggle to read pro-LLM pundits and wonder what they’re seeing that I’m not with this new technology.
The saddest part of the "Disney made an AI" deal is the explanation is, "Disney had no choice, since we don't enforce copyright law for AI platforms."
If we did, Disney would get an even better return on their valuable IP.
BTW, don't kid yourself, copyright is vital.
If we did, Disney would get an even better return on their valuable IP.
BTW, don't kid yourself, copyright is vital.
December 12, 2025 at 7:29 PM
The saddest part of the "Disney made an AI" deal is the explanation is, "Disney had no choice, since we don't enforce copyright law for AI platforms."
If we did, Disney would get an even better return on their valuable IP.
BTW, don't kid yourself, copyright is vital.
If we did, Disney would get an even better return on their valuable IP.
BTW, don't kid yourself, copyright is vital.
Poll: My editor/researcher timed himself using a LLM for a data collection task vs. doing it himself. Question:
1. He did the task quicker than the LLM.
2. He saved time using the LLM.
1. He did the task quicker than the LLM.
2. He saved time using the LLM.
December 11, 2025 at 11:57 PM
Poll: My editor/researcher timed himself using a LLM for a data collection task vs. doing it himself. Question:
1. He did the task quicker than the LLM.
2. He saved time using the LLM.
1. He did the task quicker than the LLM.
2. He saved time using the LLM.
Sorry, not be all "harp on Disney"...
...but did anyone notice that they didn't actually put out how much licensing revenue they stand to make? Weird right? Even a projection? Or the share?
When they did their big gambling deals, we got numbers.
...but did anyone notice that they didn't actually put out how much licensing revenue they stand to make? Weird right? Even a projection? Or the share?
When they did their big gambling deals, we got numbers.
How to know when a bubble is at its peak?
Disney invests in it!
(Meta/VR, Multi-Channel Networks, Club Penguin, Disney Infinity)
Definitely, though, AI isn’t a bubble.
Disney invests in it!
(Meta/VR, Multi-Channel Networks, Club Penguin, Disney Infinity)
Definitely, though, AI isn’t a bubble.
December 11, 2025 at 11:37 PM
Sorry, not be all "harp on Disney"...
...but did anyone notice that they didn't actually put out how much licensing revenue they stand to make? Weird right? Even a projection? Or the share?
When they did their big gambling deals, we got numbers.
...but did anyone notice that they didn't actually put out how much licensing revenue they stand to make? Weird right? Even a projection? Or the share?
When they did their big gambling deals, we got numbers.
Fascinating how much of the coverage focused on the Epic Games investment and not, you know, this...
www.wsj.com/articles/dis...
www.wsj.com/articles/dis...
December 11, 2025 at 9:34 PM
Fascinating how much of the coverage focused on the Epic Games investment and not, you know, this...
www.wsj.com/articles/dis...
www.wsj.com/articles/dis...
How to know when a bubble is at its peak?
Disney invests in it!
(Meta/VR, Multi-Channel Networks, Club Penguin, Disney Infinity)
Definitely, though, AI isn’t a bubble.
Disney invests in it!
(Meta/VR, Multi-Channel Networks, Club Penguin, Disney Infinity)
Definitely, though, AI isn’t a bubble.
December 11, 2025 at 9:12 PM
How to know when a bubble is at its peak?
Disney invests in it!
(Meta/VR, Multi-Channel Networks, Club Penguin, Disney Infinity)
Definitely, though, AI isn’t a bubble.
Disney invests in it!
(Meta/VR, Multi-Channel Networks, Club Penguin, Disney Infinity)
Definitely, though, AI isn’t a bubble.
And they want to IPO at $1.5T.
So a 100 times revenue multiple!
Who says the stock market is overheated.
So a 100 times revenue multiple!
Who says the stock market is overheated.
It’s crazy to me that more headlines focus on SpaceX’s private valuation (and what they hope to get in an IPO) than the fact that the company is valued at 23X revenue. (Math: $15B in revenue to $350B in last private valuation.)
December 11, 2025 at 8:44 PM
And they want to IPO at $1.5T.
So a 100 times revenue multiple!
Who says the stock market is overheated.
So a 100 times revenue multiple!
Who says the stock market is overheated.
It’s crazy to me that more headlines focus on SpaceX’s private valuation (and what they hope to get in an IPO) than the fact that the company is valued at 23X revenue. (Math: $15B in revenue to $350B in last private valuation.)
December 11, 2025 at 8:25 PM
It’s crazy to me that more headlines focus on SpaceX’s private valuation (and what they hope to get in an IPO) than the fact that the company is valued at 23X revenue. (Math: $15B in revenue to $350B in last private valuation.)
This is great work by @theankler.com Matthew Frank really showcasing the corrosive impact of market power.
theankler.com/p/small-town...
theankler.com/p/small-town...
Small-Town Theaters vs. Studios: ‘It Doesn’t Feel Like the Industry Wants Us to Survive’
Cinema owners tell me the two-week mandatory run for movies is crushing them. And that’s even before Warner Bros. falls into new hands
theankler.com
December 11, 2025 at 6:49 PM
This is great work by @theankler.com Matthew Frank really showcasing the corrosive impact of market power.
theankler.com/p/small-town...
theankler.com/p/small-town...
To take action on the possible Warner Bros sale:
Call your reps!
Here’s the contact info for the Senators in major Hollywood filming states:
California
Alex Padilla (310) 231-4494
Adam Schiff (818) 303-3841
@wgawest.bsky.social @sagaftra.org @directorsguild.bsky.social @iatse.bsky.social
Call your reps!
Here’s the contact info for the Senators in major Hollywood filming states:
California
Alex Padilla (310) 231-4494
Adam Schiff (818) 303-3841
@wgawest.bsky.social @sagaftra.org @directorsguild.bsky.social @iatse.bsky.social
December 10, 2025 at 6:33 PM
To take action on the possible Warner Bros sale:
Call your reps!
Here’s the contact info for the Senators in major Hollywood filming states:
California
Alex Padilla (310) 231-4494
Adam Schiff (818) 303-3841
@wgawest.bsky.social @sagaftra.org @directorsguild.bsky.social @iatse.bsky.social
Call your reps!
Here’s the contact info for the Senators in major Hollywood filming states:
California
Alex Padilla (310) 231-4494
Adam Schiff (818) 303-3841
@wgawest.bsky.social @sagaftra.org @directorsguild.bsky.social @iatse.bsky.social
My definitve case against ANYONE buying Warner Bros.
- It fails the consumer welfare standard
- It won't create value for the economy
- And it lessens competition.
entertainment.substack.com/p/why-i-hate...
- It fails the consumer welfare standard
- It won't create value for the economy
- And it lessens competition.
entertainment.substack.com/p/why-i-hate...
Why I HATE Anyone Buying Warner Bros.
More Strategy Thoughts on the Sale of Warner Bros.
entertainment.substack.com
December 9, 2025 at 9:10 PM
My definitve case against ANYONE buying Warner Bros.
- It fails the consumer welfare standard
- It won't create value for the economy
- And it lessens competition.
entertainment.substack.com/p/why-i-hate...
- It fails the consumer welfare standard
- It won't create value for the economy
- And it lessens competition.
entertainment.substack.com/p/why-i-hate...
Found this gem doing research for today's article.
Gotta love it!
Gotta love it!
December 9, 2025 at 7:33 PM
Found this gem doing research for today's article.
Gotta love it!
Gotta love it!
Here's a fun Q from my last @TheAnkler article:
Which of these straight-to-streaming films would have grossed more than the comps I suggested? Which less?
(Feel like this subtly has major implications for the news of the last week...)
theankler.com/p/box-office...
Which of these straight-to-streaming films would have grossed more than the comps I suggested? Which less?
(Feel like this subtly has major implications for the news of the last week...)
theankler.com/p/box-office...
December 9, 2025 at 6:50 PM
Here's a fun Q from my last @TheAnkler article:
Which of these straight-to-streaming films would have grossed more than the comps I suggested? Which less?
(Feel like this subtly has major implications for the news of the last week...)
theankler.com/p/box-office...
Which of these straight-to-streaming films would have grossed more than the comps I suggested? Which less?
(Feel like this subtly has major implications for the news of the last week...)
theankler.com/p/box-office...
Now that I’ve read this, I agree that NVIDIA totally isn’t Enron. @edzitron.com
www.wheresyoured.at/nvidia-isnt-...
www.wheresyoured.at/nvidia-isnt-...
NVIDIA Isn't Enron - So What Is It?
If you enjoy this free newsletter, why not subscribe to Where's Your Ed At Premium? It's $7 a month or $70 a year, and helps support me putting out these giant free newsletters!
At the end of Novembe...
www.wheresyoured.at
December 9, 2025 at 12:02 AM
Now that I’ve read this, I agree that NVIDIA totally isn’t Enron. @edzitron.com
www.wheresyoured.at/nvidia-isnt-...
www.wheresyoured.at/nvidia-isnt-...
The excellent Kasey Moore sent me some Qs for @whatsonnetflix.bsky.social. Here are my answers!
www.whats-on-netflix.com/news/why-net...
www.whats-on-netflix.com/news/why-net...
Why Netflix Is Moving To Buy Warner Bros, And Why The Streamer Broke Its Own Rules
The Entertainment Strategy Guy gives his thoughts on the big Warner Bros. acquisition.
www.whats-on-netflix.com
December 8, 2025 at 11:23 PM
The excellent Kasey Moore sent me some Qs for @whatsonnetflix.bsky.social. Here are my answers!
www.whats-on-netflix.com/news/why-net...
www.whats-on-netflix.com/news/why-net...
What do I always say? Strategy is Numbers. Well, Evan Shapiro PROVIDES THE NUMBERS!
Sorry for the capslock/shouting, but this is my fav piece of his all year, hand’s down.
I hope to run some numbers too, and will absolutely cite this piece.
Key chart here:
Sorry for the capslock/shouting, but this is my fav piece of his all year, hand’s down.
I hope to run some numbers too, and will absolutely cite this piece.
Key chart here:
December 8, 2025 at 9:46 PM
What do I always say? Strategy is Numbers. Well, Evan Shapiro PROVIDES THE NUMBERS!
Sorry for the capslock/shouting, but this is my fav piece of his all year, hand’s down.
I hope to run some numbers too, and will absolutely cite this piece.
Key chart here:
Sorry for the capslock/shouting, but this is my fav piece of his all year, hand’s down.
I hope to run some numbers too, and will absolutely cite this piece.
Key chart here:
So definitely some folks not reading the introduction and still sending me "feedback".
Here's my first take on Netflix buying Warner Bros.
(Be sure to read past the headline.)
entertainment.substack.com/p/why-i-love...
(Be sure to read past the headline.)
entertainment.substack.com/p/why-i-love...
Why I LOVE Netflix Buying Warner Bros.
My Strategy Thoughts on This Monumental Deal Announcement
entertainment.substack.com
December 6, 2025 at 12:39 AM
So definitely some folks not reading the introduction and still sending me "feedback".
Here's my first take on Netflix buying Warner Bros.
(Be sure to read past the headline.)
entertainment.substack.com/p/why-i-love...
(Be sure to read past the headline.)
entertainment.substack.com/p/why-i-love...
Why I LOVE Netflix Buying Warner Bros.
My Strategy Thoughts on This Monumental Deal Announcement
entertainment.substack.com
December 6, 2025 at 12:12 AM
Here's my first take on Netflix buying Warner Bros.
(Be sure to read past the headline.)
entertainment.substack.com/p/why-i-love...
(Be sure to read past the headline.)
entertainment.substack.com/p/why-i-love...
So...I guess delaying Streaming Ratings Report to write a two part emergency article.
December 5, 2025 at 5:55 PM
So...I guess delaying Streaming Ratings Report to write a two part emergency article.
Wow, Wow, HBO Max’s Peacemaker made the Nielsen charts in its eighth week! That very rarely happens.
entertainment.substack.com/p/do-investo...
entertainment.substack.com/p/do-investo...
December 4, 2025 at 8:45 PM
Wow, Wow, HBO Max’s Peacemaker made the Nielsen charts in its eighth week! That very rarely happens.
entertainment.substack.com/p/do-investo...
entertainment.substack.com/p/do-investo...
@simonowens.bsky.social asked his audience if they want more long form reporting, and after reading this great piece, and I’m definitely a vote for yes!
thelongstory.substack.com/p/why-the-be...
thelongstory.substack.com/p/why-the-be...
Why the best journalists on YouTube are all former Vox employees
The company became a skunk works incubator that invented its own language of visual storytelling.
thelongstory.substack.com
December 4, 2025 at 8:12 PM
@simonowens.bsky.social asked his audience if they want more long form reporting, and after reading this great piece, and I’m definitely a vote for yes!
thelongstory.substack.com/p/why-the-be...
thelongstory.substack.com/p/why-the-be...
I love Hub Research's annual Decoding the Default report each year!
entertainment.substack.com/p/one-major-...
entertainment.substack.com/p/one-major-...
December 4, 2025 at 6:43 PM
I love Hub Research's annual Decoding the Default report each year!
entertainment.substack.com/p/one-major-...
entertainment.substack.com/p/one-major-...
If you want to be the conservative Netflix and you’re overspending on other things, why would you let Taylor Sheridan walk? It’s the biggest mistake they’ve made so far.
entertainment.substack.com/p/paramount-...
entertainment.substack.com/p/paramount-...
Paramount Skydance Is Being Bold (Which I Love!)...And They Made a Huge Mistake
The Most Important Story of the Week for 5-Nov-2025
entertainment.substack.com
December 3, 2025 at 9:34 PM
If you want to be the conservative Netflix and you’re overspending on other things, why would you let Taylor Sheridan walk? It’s the biggest mistake they’ve made so far.
entertainment.substack.com/p/paramount-...
entertainment.substack.com/p/paramount-...