Discover and read the best of Twitter Threads about #NoRulesRules
Most recents (2)
1.1/x On value creation & dynamic capital allocation, @thirdpoint’s Daniel Loeb sent an insightful letter to $DIS prodding management to double down on its Disney+ direct to consumer (DTC) streaming business
bit.ly/35LbUWe
bit.ly/35LbUWe
2.2/x He argues $DIS should permanently stop dividends & reinvest cash into accelerated content creation & make Disney+ 1st landing site for all $DIS content instead of 2nd after box office, potentially forgoing $B’s in lost box office revenue (moot for now) 
3.3/x Making Disney+ first drop for new franchise blockbuster content would fuel subscriber growth to scale into $NFLX league of 100MM’s of subscribers quickly, while bringing accelerated content velocity would keep them engaged, lowering churn
As a follow up to our thread on relevance, Netflix in the Media industry is a great example of dynamism within the context of moat relevance… 1/x
This is the classic Christensen cultural/financial issue incumbents have in adapting to disruption... 2/x
bloom.bg/36aKtHk
bloom.bg/36aKtHk
In contrast to Viacom+most incumbents, @Netflix’s culture enabled it to accept the pain of -75% decline in its stock price in 2011 to transition effectively from legacy DVD by mail… after winning rental battle with Blockbuster 3/x
