Summary
DTC Streaming
Robotics
DTC Streaming
Sky的高管写了一篇文章谈cable和streaming的共存。他对股票市场倒是有很深刻的认识。
This collapse did not happen, but commentators and markets nonetheless did what they often do, they over-reacted. When things start to decline, they tend to extrapolate that decline all the way to zero. They can’t seem to spot the difference between a decline to a new stable equilibrium – such as the coexistence of television and radio – and an extinction event. They always seem to see the latter.
CBS是怎么被折磨的
Think about Bob Bakish, the boss of ViacomCBS, now Paramount. Bob started out with a clear strategy of not getting drawn into a crazy content spending war, instead preferring to be a content “arms dealer”, making content for those who paid the most, pitching in to very attractive demand conditions. Seemed reasonable to me.
But he was castigated by the markets, did he not understand that streaming was the future, there simply was no other strategy than all-in streaming?! The baying mob had to be obeyed, and so Bob changed his tune and announced a new strategy a few months back, all-in streaming, with everything committed to a singular focus on success for Paramount+.
And was he rewarded for heeding the message of the market? No he was not, the share price fell again, and Bob cursed the ungrateful, fickle markets. And now, in the wake of the change of sentiment on Netflix, Paramount is under pressure too, down 15% on the week – and I’m sure Bob is cursing again.
就目前来看cable bundle和sports还是很有价值,streaming的bundling会出现吗?出现在什么层面?
Robotics
美国人和德国人对制造业有着完全不同的看法。
So it seems the German firms will follow a path that favors well-educated workers and high-value precision manufacturing while American firms pursue strategies that favor rapid innovation, less-educated workers, and high workplace turnover.
以人为本,还是资本为主?
备注:我持有的股票包括MQ,PL,GOOG和PTON。