Economist Podcasts The third horseman: famine stalks Somalia
Aug 29, 2022
Adrian Blomfield, The Economist's East Africa correspondent, sheds light on Somalia's looming famine driven by drought and political instability, emphasizing the urgent need for humanitarian reform. Meanwhile, Tom Wainwright, the tech and media editor, breaks down the cutthroat streaming wars, detailing how traditional Hollywood studios are battling innovative platforms for viewer dominance. The podcast also touches on the intriguing trend of grave recycling in London's cemeteries, highlighting shifts in burial practices amid space shortages.
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The Streaming Wars
- Legacy studios and streaming platforms are engaged in a costly content war.
- Shows like "House of the Dragon" and "Rings of Power" exemplify the immense spending on original content.
Shifting Landscape
- Netflix's dominance waned as legacy studios like Disney gained streaming subscribers.
- Despite increased subscriptions, streaming services haven't seen consistent profits due to high content costs.
Traditional Media's Comeback
- Traditional media like cinema and broadcast TV are experiencing a resurgence, though not to pre-pandemic levels.
- Studios are reconsidering simultaneous streaming releases, recognizing the value of theatrical runs.