Media executives have praised their competitors this earnings season, making one thing clear: the streaming wars have hit a ceasefire.
" Netflix is, in many respects, the gold standard when it comes to streaming," Iger said during the company's Amazon received compliments too, as WBD streaming chief JB Perrette said: "Obviously, Amazon and Netflix are both incredibly compelling."
The goal was to attract as many users as possible. That led to an era of overspending as platforms raced to lure top producers and secure the most sought-after shows.Others soon followed. In 2019, Warner Bros. Discovery reportedly coughed up more than $1 billion for the streaming rights to "The Big Bang Theory." Comcast's NBCUniversal shelled out $500 million for "The Office" streaming rights that same year.
"I helped my coworker with something and after she thanks me she goes 'you know what ion care what they say about you' I stopped her right there cause WHO TF IS THEY AND WHAT THEY BE SAYING?!?" "I don't think I've said that word in my entire life, in any form or fashion," Guthrie said, noting she was "dying of humiliation"
David Zaslav Warner Bros. Bob Iger Amazon Quarterly Earnings
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