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Peter Kafka

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Netflix’s layoffs cut costs but don’t fix its growth problem

Netflix’s layoffs cut costs but don’t fix its growth problem

Business Insider’s Peter Kafka writes that Netflix’s levers from its 2022 subscriber crisis — ads, live sports — are now spent, while engagement slips and the real competition is free, unlimited content from YouTube, Instagram and TikTok.

Streaming

Greenfield: Ellison’s Paramount-Warner must become a platform, not just a studio

Business Insider’s Peter Kafka reports that analyst Rich Greenfield says Paramount Skydance and Warner Bros. Discovery must open their streamers to outside creators, mimicking YouTube and Netflix, since neither combined library has enough content diversity to train recommendation algorithms.

Sep 30
Ad-tech

MoffettNathanson: Meta’s Muse likely ends up as just another ad platform

Business Insider’s Peter Kafka reports that MoffettNathanson analysts doubt shopping agents like Meta’s Muse will disrupt ecommerce, finding only 11 of a consumer’s 47 monthly payments fit an agent’s use case, too few transactions to fund the business on fees alone.

Sep 29
Creators

Micro dramas near $14 billion as TikTok moves to eat the category it feeds

Business Insider’s Peter Kafka reports that consumers may spend up to $14 billion this year on one-minute vertical dramas, CandyJar’s Ali Albazaz tells Business Insider. TikTok already supplies most of these apps’ audiences, and now runs its own free and paid micro drama apps.

Aug 31