1 00:00:01,680 --> 00:00:03,880 Speaker 1: You're on News Talk CB. It is twenty seven minutes 2 00:00:03,920 --> 00:00:07,080 Speaker 1: after five. I felt bad watching those eight rounds in 3 00:00:07,120 --> 00:00:09,280 Speaker 1: the ring with Mike Tyson de Duw. I felt bad 4 00:00:09,320 --> 00:00:10,920 Speaker 1: for him, the fifty eight year old. What on earth 5 00:00:10,960 --> 00:00:13,800 Speaker 1: was he doing in there? Twenty million US dollars from 6 00:00:13,840 --> 00:00:15,960 Speaker 1: Netflix Apparently that's what they paid him. That's what he 7 00:00:16,000 --> 00:00:18,319 Speaker 1: was doing there. His net worths about ten million. He 8 00:00:18,400 --> 00:00:20,480 Speaker 1: went bankrupt a few years ago. Of course we went 9 00:00:20,480 --> 00:00:22,920 Speaker 1: to prison. Was worth three hundred million. Anyway, he needed money, 10 00:00:23,440 --> 00:00:26,599 Speaker 1: poor old Mike Tyson. And Netflix paid the other guy, 11 00:00:26,840 --> 00:00:32,199 Speaker 1: Jake Paul forty million dollars. Gate ticket sales. Gate ticket 12 00:00:32,280 --> 00:00:35,520 Speaker 1: sales are from AT and T Stadium brought in close 13 00:00:35,600 --> 00:00:41,479 Speaker 1: to US eighteen million dollars and seventy thousand fans. And 14 00:00:41,600 --> 00:00:45,120 Speaker 1: Netflix will they won the fight with sixty five million 15 00:00:45,280 --> 00:00:47,960 Speaker 1: viewers at peak. It's part of a new strategy that 16 00:00:47,960 --> 00:00:50,479 Speaker 1: they've got to get live sport events to their subscribers, 17 00:00:50,479 --> 00:00:53,560 Speaker 1: including those that are paying less but getting fed ads 18 00:00:53,600 --> 00:00:56,440 Speaker 1: on the platform. This is their clever strategy. So their 19 00:00:56,480 --> 00:01:00,160 Speaker 1: ad supported flip platform now accounts for fifty percent of 20 00:01:00,200 --> 00:01:03,240 Speaker 1: their new sign ups. It's grown to seventy million new 21 00:01:03,360 --> 00:01:06,720 Speaker 1: US in newss in just two years. It's credible. These 22 00:01:07,120 --> 00:01:10,760 Speaker 1: big tech bro Silicon Valley giant media companies, you know, 23 00:01:11,000 --> 00:01:14,479 Speaker 1: YouTube's all of those types. They're just going from strength 24 00:01:14,520 --> 00:01:16,840 Speaker 1: to strength, aren't they. And they're the ones that have 25 00:01:16,920 --> 00:01:19,440 Speaker 1: our attention. There are one, two, and three most streamed 26 00:01:19,520 --> 00:01:21,760 Speaker 1: in New Zealand and yet we here in New Zealand 27 00:01:21,760 --> 00:01:25,000 Speaker 1: and Australia are trying to force them into news content 28 00:01:25,120 --> 00:01:29,400 Speaker 1: deals with us. We're battling with taxpayers cash to reinvigorate 29 00:01:29,480 --> 00:01:32,440 Speaker 1: failing state media companies to compete with these guys and 30 00:01:32,480 --> 00:01:35,320 Speaker 1: are doomed to fail battle. We're like the fifty eight 31 00:01:35,360 --> 00:01:38,760 Speaker 1: year old Mike Tyson who apparently nearly died before entering 32 00:01:38,800 --> 00:01:42,039 Speaker 1: the ring. They are the annoying twenty seven year old 33 00:01:42,200 --> 00:01:45,200 Speaker 1: new to boxing but bringing in the eyeballs Jake Paul, 34 00:01:45,720 --> 00:01:48,360 Speaker 1: these big tech companies. So what do we need to do? 35 00:01:48,480 --> 00:01:52,640 Speaker 1: Keep fighting, get more bloodied, get more bruised, or create 36 00:01:52,760 --> 00:01:56,960 Speaker 1: partnerships and try and get our content to their eyeballs. 37 00:01:58,000 --> 00:02:00,640 Speaker 1: For more from Early Edition with Ryan Bread which listen 38 00:02:00,760 --> 00:02:03,760 Speaker 1: live to news talks. It'd be from five am weekdays, 39 00:02:04,040 --> 00:02:06,040 Speaker 1: or follow the podcast on iHeartRadio