Lucas Shaw Profile picture
@business, but views my own. Write a newsletter: https://t.co/4FHeSOlE4G Host a conference: https://t.co/I1IRQ5ImBM
Oct 6, 2023 4 tweets 2 min read
Two former Disney executives and Blackstone spent more than $4 billion buying entertainment companies. The results so far haven’t been great.

A look at Candle Media:

bloomberg.com/news/articles/… The companies Candle acquired forecast they’d generate more than $330 million in profit this year.

They will generate half that — at best.

bloomberg.com/news/articles/…
Mar 14, 2022 7 tweets 3 min read
Hollywood has always had a hard time figuring out what does (and doesn't) work on Netflix. So we spent some time digging into the company's self-reported top 10 lists. Sharing a few of my favorite findings... The average Netflix hit is in the top 10 for 2 weeks or less. Since week 1 is actually just a weekend, that means it stays in the top 10 for about 10 days.
Mar 12, 2022 8 tweets 3 min read
Made it home with 3% phone battery, a #sxsw miracle. Last night at dinner, someone asked me if I thought people still wanted to watch “long-form content,” also known as TV and movies. It made me die inside just a little bit.
Oct 13, 2021 8 tweets 2 min read
This Dave Chappelle special has caused the greatest worker uproar inside Netflix I can remember. Here is a story about the tension between the streaming giant and its workers.

bloomberg.com/news/articles/… Some news: Netflix employees raised several red flags with the special ahead of its release. Ted Sarandos and Bela Bajaria decided to release it as is.