Tech Brew Ride Home Fri. 12/04 – CRACK! Warners Blows Up The (Traditional) Hollywood Business Model
Dec 4, 2020
Warner Brothers is shaking up Hollywood with plans to release all 2021 films on HBO Max, challenging traditional models. Stripe aims to redefine finance by introducing banking services for businesses. Meanwhile, China boasts of achieving quantum supremacy, raising the stakes in tech advancements. Dreaming of underwater adventures? A new submarine can take you 3,300 feet down! Additionally, the podcast explores the evolving landscape of journalism and the unexpected impacts of the pandemic on various sectors.
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Hollywood's Napster Moment
- Warner Bros. is releasing all 2021 movies on HBO Max and theaters simultaneously.
- This signals a potential shift in Hollywood's traditional business model.
Kilar's Reasoning
- WarnerMedia CEO Jason Kilar argues that this decision benefits theaters.
- He claims it provides them with a steady stream of new movies, unlike other studios.
Stripe's Fintech Ambitions
- Stripe launched Treasury, enabling customers to offer banking services.
- This move positions Stripe as a major player in the entire fintech space.