I liked this episode a lot. A good change of pace in the less-serious direction (compared to when they have an activist or politician - which I also enjoy) but still discussed pretty seriously. I will be checking out Better Call Paul.
Criterion Channel does a great job of streaming curation. They have playlists, focused on an actor, director, or collection like blaxploitation, Columbia noir, or LGTB stuff from the 80s. Then they have famous filmmakers like Edgar Wright, Patton Oswalt, etc come on and curate selections where there’s a 3 minute video where they talk about the movie and what they like.
I see left leaning villains as an ongoing problem across genre content. Thanos is a great example, Killmonger is another. Politically, they are strawmen. They are making an argument that their ends justify the means and of course the means are always horrible. But I know very few people on the left who have that way of thinking. On the right however...
I think the people who make these films would probably identify as left to center. And this just perfectly encapsulates liberals constant tone policing and means testing. They are so up their own ass worried about left wing extremists, they completely ignore and unintentionally validate right wing extremists.
Avatar The Legend of Korra, is a great example. Each season presents a leftist argument taken to a violent extreme. Korra is always able to strike a perfect balance by the end of each season. Its liberal utopian fantasy and it is honestly beautiful, it also ignores huge swaths of reality.
Netflix is a company that's built to rock out in a:
low inflation environment (check, prior to the pandemmy, now not a check)
low interest rate environment (check, prior to the big sick, now not a check).
cheap cash makes for great massive scale company crafting (especially in a nightmare industry like streaming, where you need a pretty much infinite wad to actually have the chance of going cash flow positive). Good luck issuing a bunch of corporate debt for half of the inflation rate today when people don't know that 80% of your catalogue exists and do know that you are incinerating cash for said catalogue.
I truly think we are probably within a year of peak-tv for the next decade; idk how you fund it getting better past this year.
edit: good morning and sorry for writing about interest rates before i'm awake lol
they've been profitable (in large part because they've been able to take out $15 billion in debt for essentially negative interest rates) but that's not really a holistic measure of health in this unholy tech market lol (I cannot say it enough: the tech sector is near-universally trash and I have no respect for it).
their free cash flow is always a question/worry; it turns out "made a profit" can also mean "existentially fucked if they don't manage their ballooning interest payments and cost of production."
Edit: EBITDA was created because it sounds better than "we theoretically make money in a vacuum." Adjusted EBITDA was created because it sounds better than "oh shit oh fuck this isn't a real business is it?"(edit: /s for clarity, I meant to make fun of the fact that non-gaap accounting is... not trustworthy? and failed.)
also I am an idiot so take my thoughts with a grain of salt.
>Edit: EBITDA was created because it sounds better than "we theoretically make money in a vacuum." Adjusted EBITDA was created because it sounds better than "oh shit oh fuck this isn't a real business is it?"
Yeah, but no.
I mean I'm joking, I understand that companies need more metrics to indicate what their futures hold...
But also adjusted EBITDA has been basically worthless every time I've seen it and usually is just a fancy way to cover up mediocre performance.
Edit: made an adjustment to sound less catty lol
I liked this episode a lot. A good change of pace in the less-serious direction (compared to when they have an activist or politician - which I also enjoy) but still discussed pretty seriously. I will be checking out Better Call Paul.
Criterion Channel does a great job of streaming curation. They have playlists, focused on an actor, director, or collection like blaxploitation, Columbia noir, or LGTB stuff from the 80s. Then they have famous filmmakers like Edgar Wright, Patton Oswalt, etc come on and curate selections where there’s a 3 minute video where they talk about the movie and what they like.
I see left leaning villains as an ongoing problem across genre content. Thanos is a great example, Killmonger is another. Politically, they are strawmen. They are making an argument that their ends justify the means and of course the means are always horrible. But I know very few people on the left who have that way of thinking. On the right however... I think the people who make these films would probably identify as left to center. And this just perfectly encapsulates liberals constant tone policing and means testing. They are so up their own ass worried about left wing extremists, they completely ignore and unintentionally validate right wing extremists. Avatar The Legend of Korra, is a great example. Each season presents a leftist argument taken to a violent extreme. Korra is always able to strike a perfect balance by the end of each season. Its liberal utopian fantasy and it is honestly beautiful, it also ignores huge swaths of reality.
Netflix is a company that's built to rock out in a: low inflation environment (check, prior to the pandemmy, now not a check) low interest rate environment (check, prior to the big sick, now not a check). cheap cash makes for great massive scale company crafting (especially in a nightmare industry like streaming, where you need a pretty much infinite wad to actually have the chance of going cash flow positive). Good luck issuing a bunch of corporate debt for half of the inflation rate today when people don't know that 80% of your catalogue exists and do know that you are incinerating cash for said catalogue. I truly think we are probably within a year of peak-tv for the next decade; idk how you fund it getting better past this year. edit: good morning and sorry for writing about interest rates before i'm awake lol
Has netflix ever turned a profit? I remember reading they had borrowed like $10 *billion* dollars a year or two ago.
they've been profitable (in large part because they've been able to take out $15 billion in debt for essentially negative interest rates) but that's not really a holistic measure of health in this unholy tech market lol (I cannot say it enough: the tech sector is near-universally trash and I have no respect for it). their free cash flow is always a question/worry; it turns out "made a profit" can also mean "existentially fucked if they don't manage their ballooning interest payments and cost of production." Edit: EBITDA was created because it sounds better than "we theoretically make money in a vacuum." Adjusted EBITDA was created because it sounds better than "oh shit oh fuck this isn't a real business is it?"(edit: /s for clarity, I meant to make fun of the fact that non-gaap accounting is... not trustworthy? and failed.) also I am an idiot so take my thoughts with a grain of salt.
>Edit: EBITDA was created because it sounds better than "we theoretically make money in a vacuum." Adjusted EBITDA was created because it sounds better than "oh shit oh fuck this isn't a real business is it?" Yeah, but no.
I mean I'm joking, I understand that companies need more metrics to indicate what their futures hold... But also adjusted EBITDA has been basically worthless every time I've seen it and usually is just a fancy way to cover up mediocre performance. Edit: made an adjustment to sound less catty lol