I was chatting with a friend on Monday, unpacking the laundry list of ugliness, from the Disney firings ramping up to the double dip of Fox and CNN anchorcide to career death by international affair at Comcast, and on and on and on.
I write this newsletter every week, trying to clarify, simplify, give numbers to, and generally discuss the state of the industry. And then it hit me…
The moment we are, full of endless shocks, is not shocking at all.
The transition, which cannot be put at the feet of Netflix, as all of the other companies stood back and watched for 5 years before the alarm went off, is, as I call it, The Weather. We are not in a moment that can be controlled. Everyone gave up their full control. This can only be managed. And I have faith that many of these companies will manage it well, as time passes.
But these last 3 years or so, the Legacy companies, which still dominate the industry, which is the truth whether you have a “Netflix & Chill” tattoo on your private parts or…
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