1 00:00:08,080 --> 00:00:12,360 Speaker 1: Welcome to another episode of Strictly Business, the podcast in 2 00:00:12,400 --> 00:00:14,840 Speaker 1: which we speak with some of the brightest minds working 3 00:00:14,920 --> 00:00:19,239 Speaker 1: in the media business today. I'm Andrew Wallenstein with Variety. 4 00:00:20,239 --> 00:00:23,840 Speaker 1: It was ten years ago that grand View Management was 5 00:00:23,960 --> 00:00:26,920 Speaker 1: formed to focus on a client list of high end 6 00:00:26,960 --> 00:00:30,800 Speaker 1: writers and producers. Since then, the biz has been through 7 00:00:30,880 --> 00:00:33,920 Speaker 1: a lot, to say the least, and the current day 8 00:00:33,960 --> 00:00:36,879 Speaker 1: and age is no exception, as the TV business in 9 00:00:36,920 --> 00:00:41,760 Speaker 1: particular navigates what you might call the post peak TV era. 10 00:00:42,560 --> 00:00:45,360 Speaker 1: To help illuminate the road ahead for the industry, I've 11 00:00:45,440 --> 00:00:50,560 Speaker 1: enlisted grand View principles Matt Rosen and Jeff Silver. We'll 12 00:00:50,600 --> 00:01:01,120 Speaker 1: talk with them in just a moment. And we're back 13 00:01:01,120 --> 00:01:04,560 Speaker 1: with Matt Rosen and Jeff Silver of the management team Grandview, 14 00:01:04,680 --> 00:01:07,600 Speaker 1: and they've got a client list filled with writers and 15 00:01:07,640 --> 00:01:11,280 Speaker 1: producers of hit movies and TV shows like House of 16 00:01:11,360 --> 00:01:15,800 Speaker 1: the Dragon, Ozark Loki. Thanks for being with me today, guys. 17 00:01:16,040 --> 00:01:18,760 Speaker 2: Thanks so much for having us. Hey, Ed, thanks for 18 00:01:18,800 --> 00:01:19,319 Speaker 2: having us. 19 00:01:19,680 --> 00:01:22,440 Speaker 1: So set the scene for me, if you will. As 20 00:01:22,480 --> 00:01:26,400 Speaker 1: we speak here in late February in Los Angeles. We've 21 00:01:26,440 --> 00:01:29,560 Speaker 1: gotten past the strikes. The streaming wars are a blaze, 22 00:01:29,760 --> 00:01:33,479 Speaker 1: but you've been in the business quite a while on 23 00:01:33,520 --> 00:01:39,280 Speaker 1: the chaos to calm spectrum here in Hollywood? Where do 24 00:01:39,400 --> 00:01:43,320 Speaker 1: things sit right now? Matt? Why don't you start us off? 25 00:01:43,880 --> 00:01:45,600 Speaker 2: Well, where do you thinks that right now? 26 00:01:46,160 --> 00:01:48,760 Speaker 3: You know, coming out of the strike, I think there's 27 00:01:48,800 --> 00:01:52,240 Speaker 3: a lot of people who are concerned looking at where 28 00:01:52,240 --> 00:01:56,640 Speaker 3: peak TV is going. There's been many indications that it 29 00:01:56,720 --> 00:02:00,520 Speaker 3: is going down, and that the many the amount of 30 00:02:00,560 --> 00:02:03,960 Speaker 3: shows that were being made in the five to six 31 00:02:04,040 --> 00:02:07,040 Speaker 3: hundred rage are going to be cut almost in half. 32 00:02:08,120 --> 00:02:10,400 Speaker 3: And at the same time, the movie business is trying 33 00:02:10,440 --> 00:02:14,080 Speaker 3: to figure out ways to get back to a better 34 00:02:14,120 --> 00:02:18,920 Speaker 3: box office from the year's past, and so there were 35 00:02:18,919 --> 00:02:23,160 Speaker 3: people concerned out there that all said, I think from 36 00:02:23,160 --> 00:02:27,799 Speaker 3: our viewpoint, we're pretty optimistic about the opportunities for our 37 00:02:27,840 --> 00:02:32,440 Speaker 3: clients in this changing landscape and feel very fortunate to 38 00:02:32,440 --> 00:02:37,240 Speaker 3: represent some extremely talented people in writers and directors and 39 00:02:37,280 --> 00:02:41,520 Speaker 3: so on, and feel that the opportunity is ripe for 40 00:02:41,760 --> 00:02:44,080 Speaker 3: them to continue to be able to produce content at 41 00:02:44,120 --> 00:02:44,760 Speaker 3: the highest level. 42 00:02:45,400 --> 00:02:48,160 Speaker 1: All right, So, you know, right off the bat, though, 43 00:02:48,240 --> 00:02:50,639 Speaker 1: I would think the simplistic take would be, now, wait 44 00:02:50,639 --> 00:02:54,280 Speaker 1: a second, you just did some scary math because less 45 00:02:54,320 --> 00:02:59,840 Speaker 1: product to be made means less opportunity for your clients. 46 00:03:00,120 --> 00:03:04,520 Speaker 1: So you know why, you know, Jeff, why be optimistic? 47 00:03:05,240 --> 00:03:08,000 Speaker 4: Well, listen, we were both in the business in two 48 00:03:08,080 --> 00:03:10,600 Speaker 4: thousand and seven, two thousand and eight, right, Matt and 49 00:03:10,680 --> 00:03:13,400 Speaker 4: I started as assistants together at CIA. We met each 50 00:03:13,440 --> 00:03:16,120 Speaker 4: other my first day his third week. And you know, 51 00:03:16,200 --> 00:03:18,240 Speaker 4: two thousand and six felt like a great time, and 52 00:03:18,320 --> 00:03:20,160 Speaker 4: suddenly you had a strike and then you had a 53 00:03:20,200 --> 00:03:23,239 Speaker 4: financial meltdown. And we were lucky enough at that moment 54 00:03:23,520 --> 00:03:26,280 Speaker 4: to be young in the business. Matt was on aging 55 00:03:26,400 --> 00:03:29,000 Speaker 4: track at CIA and I was working as an executive. 56 00:03:29,240 --> 00:03:30,480 Speaker 2: But we really felt it right. 57 00:03:30,520 --> 00:03:33,240 Speaker 4: We felt the business screeched to a halt, and then 58 00:03:33,280 --> 00:03:35,680 Speaker 4: we felt this existential crisis in two thousand and eight 59 00:03:35,720 --> 00:03:37,720 Speaker 4: of what's going to happen. I remember going up for 60 00:03:37,800 --> 00:03:39,920 Speaker 4: a job at Paramount to be a CE in two 61 00:03:39,920 --> 00:03:42,640 Speaker 4: thousand and nine, and I was one of three hundred 62 00:03:42,840 --> 00:03:46,240 Speaker 4: qualified candidates for that job. So to your point, Andrew, right, 63 00:03:46,640 --> 00:03:50,520 Speaker 4: less opportunity is really scary. That said, we're in a 64 00:03:50,560 --> 00:03:53,560 Speaker 4: business of entrepreneurs and we're in a business of creatives, 65 00:03:53,640 --> 00:03:56,880 Speaker 4: and if you use those two together, you get storytellers 66 00:03:56,880 --> 00:03:58,840 Speaker 4: of the highest level who figure out a way to 67 00:03:58,840 --> 00:04:04,840 Speaker 4: get their stories told. So we're maybe uniquely confident in 68 00:04:04,960 --> 00:04:07,800 Speaker 4: the ability of our clients to get their stories out 69 00:04:07,800 --> 00:04:09,680 Speaker 4: there in the right way. So they're going to be 70 00:04:09,760 --> 00:04:12,800 Speaker 4: less when writing assignments. We've seen that there's going to 71 00:04:12,800 --> 00:04:16,240 Speaker 4: be less slots. But three months ago, I think people 72 00:04:16,240 --> 00:04:19,719 Speaker 4: were looking at FX and Hulu and saying are they 73 00:04:19,800 --> 00:04:22,160 Speaker 4: going to be bringing in new development? And right now, 74 00:04:22,240 --> 00:04:24,040 Speaker 4: you know, you've just had John Langraf, who we have 75 00:04:24,080 --> 00:04:26,240 Speaker 4: a ton of respect for in business with talk about 76 00:04:26,320 --> 00:04:29,080 Speaker 4: wanting new shows. Our friends at Hulu now want new shows, 77 00:04:29,120 --> 00:04:33,039 Speaker 4: so we're starting to see a rebound already. It's always 78 00:04:33,040 --> 00:04:36,240 Speaker 4: a scary moment when when you know supply and demand 79 00:04:36,240 --> 00:04:38,960 Speaker 4: get get a little bit screwed up. But if you're 80 00:04:39,000 --> 00:04:41,960 Speaker 4: the kind of artists who just waits for books to 81 00:04:42,000 --> 00:04:44,720 Speaker 4: come in your way or assignments to come in your way. 82 00:04:44,760 --> 00:04:46,440 Speaker 2: Yeah it's time to rethink how you do things. 83 00:04:46,440 --> 00:04:47,800 Speaker 4: But if you're the kind of artist that has a 84 00:04:47,880 --> 00:04:51,039 Speaker 4: vision and has stories to tell, then we think you're 85 00:04:51,040 --> 00:04:52,680 Speaker 4: as well suited now as you were before. 86 00:04:53,839 --> 00:04:59,880 Speaker 1: Okay, so I guess when you've got clients, like to 87 00:05:00,080 --> 00:05:03,400 Speaker 1: name a few of your people, you know, Ryan Condall 88 00:05:03,560 --> 00:05:07,480 Speaker 1: who is the showrunner on House of the Dragon. And 89 00:05:07,560 --> 00:05:10,760 Speaker 1: you've got Chris Mundy who is coming off of Ozark. 90 00:05:11,279 --> 00:05:17,200 Speaker 1: You've got some great names and they're going to get jobs. 91 00:05:18,200 --> 00:05:21,320 Speaker 1: What about the I guess what I'm saying is for 92 00:05:21,400 --> 00:05:25,080 Speaker 1: the rest of the marketplace. If you don't have the 93 00:05:25,120 --> 00:05:29,520 Speaker 1: best names, what do you do or or you know, 94 00:05:29,720 --> 00:05:34,400 Speaker 1: should the broader marketplace? Is this going to be a 95 00:05:34,520 --> 00:05:37,640 Speaker 1: troubling time? Is it only the cream of the crop 96 00:05:37,720 --> 00:05:38,640 Speaker 1: that's going to survive? 97 00:05:39,960 --> 00:05:42,160 Speaker 4: I don't Yeah, I'm happy to jump in. I mean, 98 00:05:42,320 --> 00:05:44,640 Speaker 4: I don't think it's just the cream of the crop. 99 00:05:44,680 --> 00:05:45,000 Speaker 2: I'm Matt. 100 00:05:45,600 --> 00:05:47,960 Speaker 4: Yeah, sorry, this is Jeff. Matt and I have talked 101 00:05:47,960 --> 00:05:50,680 Speaker 4: about this a lot. We don't think it's just the 102 00:05:50,760 --> 00:05:52,560 Speaker 4: cream of the crop. We think if you have an 103 00:05:52,560 --> 00:05:56,360 Speaker 4: intrepid idea and you've got a career that and you've 104 00:05:56,360 --> 00:05:58,240 Speaker 4: got a reputation and you know how to work well 105 00:05:58,279 --> 00:06:01,200 Speaker 4: with others, and you've proven yourself in people are going 106 00:06:01,279 --> 00:06:02,880 Speaker 4: to listen, want to listen to your idea and want 107 00:06:02,920 --> 00:06:04,560 Speaker 4: to say does this fit on our era? This is 108 00:06:04,600 --> 00:06:06,360 Speaker 4: something that we can do. And if you're young, coming 109 00:06:06,440 --> 00:06:09,280 Speaker 4: up in the business with nothing to lose and only 110 00:06:09,320 --> 00:06:13,240 Speaker 4: a dream, right then you're saying, great, I just graduated 111 00:06:13,240 --> 00:06:15,640 Speaker 4: from this playwrights program where I've got this one pilot. 112 00:06:15,680 --> 00:06:18,080 Speaker 2: I'm not that expensive. Come in and take me seriously. 113 00:06:18,160 --> 00:06:21,279 Speaker 4: Where where you always see attrition in these moments, I 114 00:06:21,279 --> 00:06:26,640 Speaker 4: think is in the middle. Right, So for those folks writers, filmmakers, actors, producers, 115 00:06:26,680 --> 00:06:29,160 Speaker 4: anybody in media who's sort of been resting on their 116 00:06:29,200 --> 00:06:31,240 Speaker 4: laurels for a bit and waiting for it to come 117 00:06:31,240 --> 00:06:33,400 Speaker 4: to them, it gets a little bit harder. But if 118 00:06:33,440 --> 00:06:36,400 Speaker 4: you're ready to play offense with your ideas, we think 119 00:06:36,440 --> 00:06:38,080 Speaker 4: it doesn't matter what level. 120 00:06:37,839 --> 00:06:42,600 Speaker 1: You're at, Matt, how else would you characterize this marketplace? 121 00:06:43,360 --> 00:06:44,640 Speaker 1: How does it change now? 122 00:06:45,720 --> 00:06:48,840 Speaker 3: Look, I think what you're going to start seeing I 123 00:06:48,920 --> 00:06:50,839 Speaker 3: hit it a little bit before, but you're going to 124 00:06:50,839 --> 00:06:53,760 Speaker 3: be seeing less shows, but you're going to be seeing 125 00:06:54,160 --> 00:06:57,480 Speaker 3: more eyeballs on those shows, and that is going to 126 00:06:57,560 --> 00:07:00,960 Speaker 3: lead to more cultural moments for us as a commun unity. Right, 127 00:07:02,200 --> 00:07:04,880 Speaker 3: everyone is going to be joining and watching the same 128 00:07:05,120 --> 00:07:08,039 Speaker 3: types of shows, similar to maybe the way it was 129 00:07:08,080 --> 00:07:10,560 Speaker 3: back in you know, in the days before there was 130 00:07:10,640 --> 00:07:13,960 Speaker 3: just so much television. Now now there's so much opportunity 131 00:07:14,080 --> 00:07:15,760 Speaker 3: to look at so many different things. You don't know 132 00:07:15,840 --> 00:07:19,920 Speaker 3: what option to pick, and it's going to bring people 133 00:07:19,920 --> 00:07:23,680 Speaker 3: together in a really cool way and being able to 134 00:07:23,680 --> 00:07:26,160 Speaker 3: watch things in a way that you get back into 135 00:07:26,160 --> 00:07:28,760 Speaker 3: the office on Monday and everyone sit around the water 136 00:07:28,800 --> 00:07:31,320 Speaker 3: cooler and be having conversations about watching the same thing. 137 00:07:31,400 --> 00:07:34,440 Speaker 1: Finally, again, I'm going to push back on that. I 138 00:07:34,640 --> 00:07:39,640 Speaker 1: feel like, you know, you mentioned earlier that you think 139 00:07:39,680 --> 00:07:43,440 Speaker 1: that we could see maybe half of the volume of shows. 140 00:07:43,560 --> 00:07:46,800 Speaker 1: But I think the estimates I've seen are it's going 141 00:07:46,840 --> 00:07:49,680 Speaker 1: to come down a good amount. I don't know about half, 142 00:07:50,080 --> 00:07:52,800 Speaker 1: and we still got a lot of streaming services out there. 143 00:07:53,520 --> 00:07:57,880 Speaker 1: I think it's not necessarily going to be that much 144 00:07:58,000 --> 00:08:02,120 Speaker 1: less fragmented a world. So do you really think we're 145 00:08:02,160 --> 00:08:04,360 Speaker 1: going to go back to the days where you know, 146 00:08:05,000 --> 00:08:07,400 Speaker 1: a Game of Thrones is going to have you know, 147 00:08:08,960 --> 00:08:13,560 Speaker 1: thirty million viewers coming to a finale. Do you really 148 00:08:13,600 --> 00:08:15,480 Speaker 1: think it's going to be that dramatic a difference. 149 00:08:16,440 --> 00:08:19,240 Speaker 3: I don't think it's going to get back to you know, 150 00:08:19,520 --> 00:08:21,640 Speaker 3: the eighties or the nineties, you know, when it was 151 00:08:21,800 --> 00:08:25,240 Speaker 3: when it was just network TV, really, but I think 152 00:08:25,280 --> 00:08:28,600 Speaker 3: you're going to have more touch points for people because 153 00:08:28,680 --> 00:08:31,840 Speaker 3: there's going to be less options there's there's going to 154 00:08:31,880 --> 00:08:33,400 Speaker 3: be amazing shows out there. 155 00:08:33,400 --> 00:08:35,319 Speaker 2: To Jeff's point, I think I think he makes a 156 00:08:35,360 --> 00:08:36,000 Speaker 2: really good point. 157 00:08:36,160 --> 00:08:39,440 Speaker 3: You know, people are going to rise to the top 158 00:08:39,520 --> 00:08:42,320 Speaker 3: with their fantastic ideas, and as long as you're playing offense, 159 00:08:42,960 --> 00:08:45,400 Speaker 3: you're going to be having really good content out there 160 00:08:46,400 --> 00:08:47,760 Speaker 3: and you're gonna be able to get your shows on 161 00:08:47,800 --> 00:08:52,120 Speaker 3: the air. I do feel that there will be some 162 00:08:52,240 --> 00:08:54,839 Speaker 3: change in the market in the amount of shows that 163 00:08:54,880 --> 00:08:55,680 Speaker 3: we're seeing out there. 164 00:08:56,080 --> 00:08:59,440 Speaker 4: It's also Andrew, It's it's up to it's up to 165 00:08:59,480 --> 00:09:03,200 Speaker 4: all of us in the business to find and nurture 166 00:09:03,559 --> 00:09:08,439 Speaker 4: storytellers and find nurture ideas that have stories that cut through, right. 167 00:09:08,600 --> 00:09:10,600 Speaker 4: I mean, it's not thirty million a year, but you 168 00:09:10,600 --> 00:09:13,040 Speaker 4: look at shows like Yellowstone, right, they're bringing. 169 00:09:12,760 --> 00:09:13,640 Speaker 2: In big numbers. 170 00:09:13,640 --> 00:09:16,480 Speaker 4: And then shows that you know Beef, which you know 171 00:09:16,600 --> 00:09:20,120 Speaker 4: it's Sonny Lee wrote and came up with an amazing 172 00:09:20,120 --> 00:09:22,560 Speaker 4: idea from his life, and our partner Ben works with 173 00:09:22,640 --> 00:09:25,040 Speaker 4: Sonny and we're fortunate enough a grand of you to 174 00:09:25,040 --> 00:09:26,839 Speaker 4: work with most of the writers and directors on. 175 00:09:26,840 --> 00:09:27,959 Speaker 2: Beef like that. 176 00:09:28,160 --> 00:09:30,440 Speaker 4: We don't have the exact data from Netflix on that, 177 00:09:30,559 --> 00:09:32,760 Speaker 4: but that show really cut through in a massive way 178 00:09:32,800 --> 00:09:35,280 Speaker 4: and was a big success for them critically and commercially. 179 00:09:35,559 --> 00:09:39,160 Speaker 4: So it might it might to match point, it might 180 00:09:39,200 --> 00:09:43,000 Speaker 4: not be what it was twenty years ago with thirty million, 181 00:09:43,440 --> 00:09:47,480 Speaker 4: but buyers are still going to want eyeballs, and advertisers 182 00:09:47,480 --> 00:09:49,600 Speaker 4: as we head towards this place in streaming where there's 183 00:09:49,600 --> 00:09:52,040 Speaker 4: more advertising, are going to want as many eyeballs as 184 00:09:52,040 --> 00:09:54,920 Speaker 4: they can get. That those fundamentals of the business are 185 00:09:54,920 --> 00:09:55,720 Speaker 4: not going to change. 186 00:09:56,480 --> 00:09:58,679 Speaker 1: Jeff, you mentioned data. Let's let's go on a bit 187 00:09:58,679 --> 00:10:02,280 Speaker 1: of a tangent there. How do you as a management 188 00:10:02,360 --> 00:10:07,079 Speaker 1: company deal in this asymmetrical. 189 00:10:06,280 --> 00:10:07,120 Speaker 3: World of. 190 00:10:08,600 --> 00:10:14,000 Speaker 1: Data where you're got streaming services that have, you know, 191 00:10:14,240 --> 00:10:17,480 Speaker 1: armloads of data and sure, you know, every once in 192 00:10:17,520 --> 00:10:21,520 Speaker 1: a while Netflix comes along and you know, throws a 193 00:10:21,559 --> 00:10:24,240 Speaker 1: whole bunch of data out there and says, see no, 194 00:10:24,360 --> 00:10:29,200 Speaker 1: we share plenty. But by and large it feels like 195 00:10:29,480 --> 00:10:33,839 Speaker 1: representatives like yourselves seem to be operating at a big disadvantage. 196 00:10:34,480 --> 00:10:37,240 Speaker 2: Well, it depends, right again, everything goes in cycles. 197 00:10:37,320 --> 00:10:41,560 Speaker 4: So in the beginning of Netflix and making is so 198 00:10:41,720 --> 00:10:45,000 Speaker 4: much content, we had many filmmakers and showrunners who wanted 199 00:10:45,040 --> 00:10:46,680 Speaker 4: to go there because they felt that they were great 200 00:10:46,679 --> 00:10:49,199 Speaker 4: creative partners and the money was really good. 201 00:10:49,440 --> 00:10:49,600 Speaker 2: Right. 202 00:10:49,640 --> 00:10:52,760 Speaker 4: Those deals were very very significant early on through a 203 00:10:52,800 --> 00:10:55,720 Speaker 4: couple of years ago. Those deals were very top of market, 204 00:10:55,960 --> 00:10:58,480 Speaker 4: and the executives at Netflix were excellent saying to the. 205 00:10:58,440 --> 00:11:01,480 Speaker 2: Creatives, we're here to make your shows. That's what we're 206 00:11:01,480 --> 00:11:01,880 Speaker 2: here for. 207 00:11:02,800 --> 00:11:04,880 Speaker 4: Obviously, there's now been a trend where people have been 208 00:11:04,920 --> 00:11:07,000 Speaker 4: asking to see more data, and as deals are coming 209 00:11:07,040 --> 00:11:09,640 Speaker 4: down a little bit in terms of financials. 210 00:11:08,960 --> 00:11:12,440 Speaker 2: And length and general comm yeah, that has become an issue. 211 00:11:12,440 --> 00:11:16,080 Speaker 4: So we're glad we're getting some of the data. Ultimately, 212 00:11:16,800 --> 00:11:21,440 Speaker 4: what our role is with an artist is to help 213 00:11:21,520 --> 00:11:24,640 Speaker 4: them architect a strategy to get them what they want 214 00:11:24,679 --> 00:11:27,400 Speaker 4: in their career. Right, So for us, it's about picking 215 00:11:27,679 --> 00:11:29,440 Speaker 4: who are the people that are going to help them 216 00:11:29,480 --> 00:11:31,440 Speaker 4: put the best show on the air, Who are the 217 00:11:31,440 --> 00:11:34,080 Speaker 4: people that can help them make the best deal around 218 00:11:34,160 --> 00:11:36,560 Speaker 4: that show, who are the best collaborators, and how do 219 00:11:36,600 --> 00:11:40,400 Speaker 4: we build something really long lasting. So data matters when 220 00:11:40,440 --> 00:11:43,400 Speaker 4: you get granular on deal making, there's no question about that. 221 00:11:43,600 --> 00:11:46,480 Speaker 4: But when it comes to how do I create something 222 00:11:46,520 --> 00:11:48,960 Speaker 4: I'm really proud of and go Molly's as an example, 223 00:11:49,000 --> 00:11:52,160 Speaker 4: Molly Smith Messler, who we've looked after for a long time, 224 00:11:52,640 --> 00:11:55,520 Speaker 4: had an incredible first show called May. It was the 225 00:11:55,520 --> 00:11:58,160 Speaker 4: first time she developed, and she developed with Lucky Chap 226 00:11:58,200 --> 00:12:00,880 Speaker 4: and John Wells and made that show at Netflix and 227 00:12:00,920 --> 00:12:03,360 Speaker 4: it was nominated for a bunch of awards. And Molly 228 00:12:03,480 --> 00:12:06,080 Speaker 4: now has just gotten Sirens Green Lid, which Variety broke 229 00:12:06,120 --> 00:12:08,600 Speaker 4: a few days ago. It's the second show she's ever developed, 230 00:12:08,640 --> 00:12:10,800 Speaker 4: so she's two for two on development. But for us, 231 00:12:10,800 --> 00:12:13,440 Speaker 4: it was Molly's in a deal with Netflix that is 232 00:12:13,600 --> 00:12:16,320 Speaker 4: a fantastic deal. We teamed her back up with Lucky 233 00:12:16,400 --> 00:12:18,839 Speaker 4: Chat because she felt so comfortable with them. We made 234 00:12:18,840 --> 00:12:20,720 Speaker 4: sure that the material was great, and we made sure 235 00:12:20,720 --> 00:12:23,959 Speaker 4: that she and Ginny Howe, who's a tremendous executive at Netflix, 236 00:12:24,000 --> 00:12:26,000 Speaker 4: were in sync together. And now they're going to go 237 00:12:26,160 --> 00:12:28,720 Speaker 4: tell another amazing story and I'm so excited for everyone 238 00:12:28,760 --> 00:12:30,400 Speaker 4: to be able to see that story at some point 239 00:12:30,400 --> 00:12:35,280 Speaker 4: next year. So again, the data matters, but for getting 240 00:12:35,400 --> 00:12:38,760 Speaker 4: artists where they want to be, it's not everything. 241 00:12:38,920 --> 00:12:39,560 Speaker 2: It's one thing. 242 00:12:40,640 --> 00:12:47,960 Speaker 1: Okay, speaking of the financials, Matt, what's it like nowadays 243 00:12:47,960 --> 00:12:52,600 Speaker 1: when you're talking to your clients about what the writers 244 00:12:53,400 --> 00:12:59,679 Speaker 1: or producers of Yesteryear could hope to make from being 245 00:12:59,720 --> 00:13:05,440 Speaker 1: a runner versus today given the clout that you know, 246 00:13:05,480 --> 00:13:10,880 Speaker 1: the streaming services have given, the way you know, back 247 00:13:11,000 --> 00:13:16,520 Speaker 1: end deals or the lack thereof are structured. Is it 248 00:13:17,040 --> 00:13:19,880 Speaker 1: is it just not as lucrative as it used to be. 249 00:13:22,080 --> 00:13:25,880 Speaker 3: I think it can still be a very lucrative business. 250 00:13:26,720 --> 00:13:30,000 Speaker 3: The pie might have gotten a little bit smaller right 251 00:13:30,960 --> 00:13:37,160 Speaker 3: as you turned analog dollars into digital sense. But you know, 252 00:13:37,320 --> 00:13:40,760 Speaker 3: as long as you are talented and as long as 253 00:13:40,880 --> 00:13:43,120 Speaker 3: you are able to be on the offense and go 254 00:13:44,200 --> 00:13:48,400 Speaker 3: sell products or sell your project in a competitive landscape, 255 00:13:48,440 --> 00:13:50,240 Speaker 3: which is what we really try to do with all 256 00:13:50,240 --> 00:13:52,240 Speaker 3: of our clients is to make sure that there's a 257 00:13:52,280 --> 00:13:56,360 Speaker 3: competitive situation and that is more important than ever to 258 00:13:56,440 --> 00:14:00,199 Speaker 3: help make sure that our clients can be making a good, 259 00:14:00,360 --> 00:14:04,439 Speaker 3: fair deal that is you know, going to be super 260 00:14:04,480 --> 00:14:08,360 Speaker 3: beneficial to them. And you know, to your question on 261 00:14:08,400 --> 00:14:14,199 Speaker 3: the back end, look, obviously the data has helped us 262 00:14:14,320 --> 00:14:18,319 Speaker 3: and you know, Netflix is transparency especially has helped us 263 00:14:18,360 --> 00:14:21,600 Speaker 3: in helping our clients along with their lawyers and agents, 264 00:14:22,000 --> 00:14:25,440 Speaker 3: make better deals for them. And the landscape is going 265 00:14:25,480 --> 00:14:28,480 Speaker 3: to continue to change over the next you know, as 266 00:14:28,480 --> 00:14:30,880 Speaker 3: everything gets reset over the next twelve to eighteen months, 267 00:14:30,920 --> 00:14:34,240 Speaker 3: let's say. But as long as there is a competitive 268 00:14:34,320 --> 00:14:37,120 Speaker 3: market and as long as there are stories that the 269 00:14:37,160 --> 00:14:40,360 Speaker 3: buyers want, which we feel very fortunate to represent people 270 00:14:40,360 --> 00:14:44,440 Speaker 3: that are in those positions, we're seeing we're not seeing 271 00:14:44,480 --> 00:14:48,040 Speaker 3: a major downward trend in what our clients are making. 272 00:14:50,000 --> 00:14:52,000 Speaker 4: I think that's that's really well said, and you're just 273 00:14:52,040 --> 00:14:55,160 Speaker 4: a double underline what Matt said about competitive when you're 274 00:14:55,160 --> 00:14:58,040 Speaker 4: working with an artist, which really you hope for lots 275 00:14:58,080 --> 00:15:00,400 Speaker 4: of things. You hope for process wins. You hope that 276 00:15:00,440 --> 00:15:03,000 Speaker 4: they are really happy with the stories they've told. You 277 00:15:03,040 --> 00:15:04,960 Speaker 4: hope that they feel like the placement of those stories 278 00:15:04,960 --> 00:15:07,720 Speaker 4: has really worked. But in the inception of those stories, 279 00:15:07,960 --> 00:15:10,800 Speaker 4: you want multiple people getting excited about them. So we're 280 00:15:10,840 --> 00:15:13,680 Speaker 4: out with something right now that we haven't reported on 281 00:15:13,760 --> 00:15:16,880 Speaker 4: yet where we've got several studios bidding on a piece 282 00:15:17,280 --> 00:15:19,560 Speaker 4: for two clients of ours, a show runner and producer 283 00:15:19,640 --> 00:15:22,840 Speaker 4: around a company that we're building right now. And we 284 00:15:22,920 --> 00:15:25,960 Speaker 4: started this conversation and we had four different studios bidding 285 00:15:25,960 --> 00:15:27,920 Speaker 4: on it and number down to two. This was just 286 00:15:27,960 --> 00:15:30,880 Speaker 4: an article and a writer with an idea, but it's 287 00:15:30,920 --> 00:15:33,160 Speaker 4: something that really resonates and cut through and the deal 288 00:15:33,200 --> 00:15:38,480 Speaker 4: that we're making is incredibly cutting edge, is incredibly elegant, 289 00:15:38,800 --> 00:15:40,640 Speaker 4: but they're going to walk away with a chance to 290 00:15:40,680 --> 00:15:44,440 Speaker 4: do very, very very well, and if they hit it 291 00:15:44,440 --> 00:15:47,160 Speaker 4: out of the park, they potentially will make more money 292 00:15:47,520 --> 00:15:49,160 Speaker 4: on this show than they would have if they'd set 293 00:15:49,200 --> 00:15:52,280 Speaker 4: this up several years ago. So the ways that we're 294 00:15:52,280 --> 00:15:55,000 Speaker 4: making deals are evolving, but you need to have an 295 00:15:55,000 --> 00:15:58,480 Speaker 4: idea or a package that multiple buyers want so. 296 00:15:58,440 --> 00:16:00,480 Speaker 2: That you can really get under the hood and make 297 00:16:00,520 --> 00:16:01,920 Speaker 2: an aggressive deal for your clients. 298 00:16:02,120 --> 00:16:06,760 Speaker 4: The one off open writing assignment at a studio or network. 299 00:16:06,880 --> 00:16:10,480 Speaker 4: You're absolutely right, those those numbers are going down a bit, 300 00:16:10,840 --> 00:16:13,480 Speaker 4: so we're trying to get all of our storytellers and 301 00:16:13,560 --> 00:16:14,480 Speaker 4: artists to play offense. 302 00:16:17,920 --> 00:16:19,960 Speaker 1: We'll be back in just a moment with more with 303 00:16:20,120 --> 00:16:33,560 Speaker 1: Matt Rosen and Jeff Silver, and we are back with 304 00:16:34,160 --> 00:16:40,120 Speaker 1: the principles at Grand View Management. Matt Rosen and Jeff Silver, Guys, 305 00:16:40,520 --> 00:16:44,640 Speaker 1: I guess I'm surprised to hear that we're not hearing 306 00:16:44,680 --> 00:16:49,840 Speaker 1: the people that you are negotiating with plead poverty more often, 307 00:16:49,960 --> 00:16:54,960 Speaker 1: because I would assume after you know the strikes and 308 00:16:55,520 --> 00:17:00,680 Speaker 1: after you know the streaming services, you know, meaning more 309 00:17:00,720 --> 00:17:06,280 Speaker 1: into needing to demonstrate profitability, that they'd be all tapped out, 310 00:17:06,520 --> 00:17:09,560 Speaker 1: they'd be, you know, not being able to spend top 311 00:17:09,640 --> 00:17:13,520 Speaker 1: dollars anymore. But I feel like that's not what I'm hearing. 312 00:17:14,440 --> 00:17:17,159 Speaker 2: So what's going on? I mean, just to jump in 313 00:17:17,760 --> 00:17:18,399 Speaker 2: this is Matt. 314 00:17:19,200 --> 00:17:21,840 Speaker 3: I feel like we, Jeff and I have found ourselves 315 00:17:21,840 --> 00:17:23,040 Speaker 3: in a very fortunate position. 316 00:17:23,840 --> 00:17:25,440 Speaker 2: We started this company ten years ago. 317 00:17:26,000 --> 00:17:29,080 Speaker 3: You know, we were best friends coming up and meeting 318 00:17:29,160 --> 00:17:32,920 Speaker 3: at the agency and we were able to hone in 319 00:17:33,240 --> 00:17:35,800 Speaker 3: and just learn a lot over the years before we 320 00:17:35,840 --> 00:17:39,880 Speaker 3: started the company. And what we feel very blessed about 321 00:17:40,000 --> 00:17:43,400 Speaker 3: is that having built this company based on a culture. 322 00:17:44,200 --> 00:17:48,480 Speaker 3: Excuse me, that culture is our strategy, and being able 323 00:17:48,520 --> 00:17:53,159 Speaker 3: to bring in artists and have them help or helping 324 00:17:53,200 --> 00:17:57,800 Speaker 3: them create ideas, pitches, and then help them create a 325 00:17:57,920 --> 00:18:01,560 Speaker 3: market out there with packaging that with our agency partners, 326 00:18:02,080 --> 00:18:05,280 Speaker 3: we've been able to stay above the fray when it 327 00:18:05,280 --> 00:18:09,520 Speaker 3: comes to you know, the the quote unquote economic downturn, 328 00:18:09,680 --> 00:18:13,040 Speaker 3: which you know people are crying poverty onto your what 329 00:18:13,080 --> 00:18:17,920 Speaker 3: you just said, Andrew, we feel very forciate to represent 330 00:18:18,080 --> 00:18:21,399 Speaker 3: people who are at the top of their game and 331 00:18:21,440 --> 00:18:25,480 Speaker 3: whether that is a showrunner on a massive hit TV show, 332 00:18:25,760 --> 00:18:29,000 Speaker 3: or you know someone that we just discovered, you know, 333 00:18:29,160 --> 00:18:31,879 Speaker 3: out of the UK, or or you know, right out 334 00:18:32,240 --> 00:18:36,399 Speaker 3: of grad school. We like to consider ourselves the best 335 00:18:36,400 --> 00:18:38,480 Speaker 3: in the game when it comes to identifying talent and 336 00:18:38,520 --> 00:18:41,639 Speaker 3: making sure that talent is ultra successful in the marketplace. 337 00:18:42,440 --> 00:18:44,520 Speaker 1: Now are we going to see though? You know, it's 338 00:18:44,520 --> 00:18:47,040 Speaker 1: see I remember there was a time, maybe it was 339 00:18:47,080 --> 00:18:50,479 Speaker 1: always this time, and I'm just forgetting, but like you know, 340 00:18:50,560 --> 00:18:54,760 Speaker 1: networks would seize on a talent. I think of like 341 00:18:54,800 --> 00:18:57,040 Speaker 1: you know, sort of like the Chuck Loriy model, where 342 00:18:57,080 --> 00:19:00,960 Speaker 1: it's like they find the talent and then that talent 343 00:19:01,840 --> 00:19:05,879 Speaker 1: in a matter of years will go from one project 344 00:19:05,920 --> 00:19:10,160 Speaker 1: to two projects to nine projects, you know where they 345 00:19:10,160 --> 00:19:15,080 Speaker 1: are just they become an empire onto themselves. Are we 346 00:19:15,160 --> 00:19:20,040 Speaker 1: going to see those type of people rise up rather quickly? 347 00:19:22,800 --> 00:19:26,000 Speaker 1: Is that next generation? Do you think going to emerge 348 00:19:26,040 --> 00:19:26,679 Speaker 1: soon enough? 349 00:19:27,840 --> 00:19:30,840 Speaker 4: It's a great question. It's a great question. I mean, listen, 350 00:19:30,920 --> 00:19:33,200 Speaker 4: I think you could. One of the things that you 351 00:19:33,280 --> 00:19:35,840 Speaker 4: might be able to say about peak TV is that 352 00:19:36,160 --> 00:19:38,880 Speaker 4: there were too many shows, and in those too many 353 00:19:38,920 --> 00:19:41,479 Speaker 4: shows that maybe were too many showrunners, and some of 354 00:19:41,480 --> 00:19:45,080 Speaker 4: those shows really buckled under the weight of expectations, financial 355 00:19:45,160 --> 00:19:49,440 Speaker 4: or otherwise because the shows weren't a certain level of quality, right, 356 00:19:49,480 --> 00:19:51,879 Speaker 4: And I think that's that's something that people were experiencing 357 00:19:52,000 --> 00:19:55,679 Speaker 4: during peak TV, this sort of fatigue around are the 358 00:19:55,720 --> 00:19:56,359 Speaker 4: shows great? 359 00:19:56,880 --> 00:19:56,960 Speaker 2: So? 360 00:19:57,800 --> 00:20:00,600 Speaker 4: Will there be more? Chuck Lori's more, Ryan m more, 361 00:20:00,640 --> 00:20:05,080 Speaker 4: Shonda's absolutely. Will it be a meritocracy? We think so, 362 00:20:05,560 --> 00:20:09,040 Speaker 4: will you just be given a show because so many 363 00:20:09,040 --> 00:20:12,320 Speaker 4: networks have so many hours that they're now needing to fill. No, 364 00:20:12,760 --> 00:20:16,359 Speaker 4: it's going to be harder as always. The great people 365 00:20:17,280 --> 00:20:21,199 Speaker 4: with great motivation and great talent and great character and 366 00:20:21,240 --> 00:20:25,080 Speaker 4: great ambition will be that new class for sure. It's 367 00:20:25,080 --> 00:20:27,160 Speaker 4: just going to be a little bit tougher. And that's 368 00:20:27,240 --> 00:20:29,720 Speaker 4: maybe okay for a minute, so that we can find 369 00:20:29,760 --> 00:20:32,760 Speaker 4: the quality that we need to to keep cutting through 370 00:20:32,760 --> 00:20:35,080 Speaker 4: a marketplace where people are looking at things on second 371 00:20:35,080 --> 00:20:37,679 Speaker 4: screen and have lots of different opportunities to do. Like, 372 00:20:37,720 --> 00:20:41,720 Speaker 4: we're traditionalists in the sense that we want people watching 373 00:20:41,760 --> 00:20:44,399 Speaker 4: great shows, we want people going to great films. So 374 00:20:45,200 --> 00:20:47,240 Speaker 4: the answer your question, Andrew, yes, there will still be 375 00:20:47,320 --> 00:20:49,680 Speaker 4: those people. But we think that the people who get 376 00:20:49,760 --> 00:20:52,919 Speaker 4: to those lofty heights there'll be less of a chance. 377 00:20:53,080 --> 00:20:56,440 Speaker 4: But if you have that combination of skill and motivation 378 00:20:56,760 --> 00:20:58,720 Speaker 4: and character, you can get there. 379 00:20:59,280 --> 00:21:05,560 Speaker 1: And I remember people like Bill Lawrence Scrubbs, executive producer 380 00:21:05,560 --> 00:21:09,160 Speaker 1: a lot of great shows as well, voice and concerns 381 00:21:09,240 --> 00:21:15,840 Speaker 1: during the strike that the next generation of producers were 382 00:21:16,000 --> 00:21:20,240 Speaker 1: not going to be able to be trained and brought 383 00:21:20,520 --> 00:21:24,080 Speaker 1: up in a system that was going. 384 00:21:24,000 --> 00:21:26,200 Speaker 2: To groom them to. 385 00:21:27,760 --> 00:21:33,720 Speaker 1: Really be ready to take on being able to show run. 386 00:21:34,440 --> 00:21:36,679 Speaker 1: Do you think we're coming out of the strike with 387 00:21:37,920 --> 00:21:41,840 Speaker 1: a system that is going to equip them to do that? 388 00:21:42,080 --> 00:21:45,080 Speaker 1: Do you worry that for your clients who might fit 389 00:21:45,320 --> 00:21:50,040 Speaker 1: needing that grooming, that they're going to be ready to 390 00:21:52,000 --> 00:21:52,880 Speaker 1: take that mantle? 391 00:21:54,760 --> 00:21:58,520 Speaker 3: That is as a great question, Andrew, The answer is yes, 392 00:21:59,000 --> 00:22:03,199 Speaker 3: we do think they're to be ready. And just to 393 00:22:03,400 --> 00:22:06,480 Speaker 3: further your point, you know, I think a lot of 394 00:22:06,480 --> 00:22:09,440 Speaker 3: the concerns coming out of some of these older showrunners 395 00:22:09,560 --> 00:22:12,080 Speaker 3: was is that you're cutting down from twenty two episodes. 396 00:22:11,680 --> 00:22:13,439 Speaker 2: Of network to ten episodes of. 397 00:22:15,119 --> 00:22:19,200 Speaker 3: Premium, you know, streaming, and it was just giving people 398 00:22:19,280 --> 00:22:24,080 Speaker 3: less experience, and that people writers were moving too quickly 399 00:22:24,119 --> 00:22:26,040 Speaker 3: through the ranks and going from a staff writer to 400 00:22:26,520 --> 00:22:29,480 Speaker 3: a co executive producer in a matter of a couple 401 00:22:29,480 --> 00:22:31,680 Speaker 3: of years where it used to take you know, ten 402 00:22:31,760 --> 00:22:35,960 Speaker 3: plus years. What has happened is that there is now 403 00:22:36,280 --> 00:22:40,400 Speaker 3: a new subset of non writing executive producers that are 404 00:22:40,720 --> 00:22:45,200 Speaker 3: you know, helping these you know, potentially younger showrunners. And 405 00:22:46,200 --> 00:22:50,040 Speaker 3: we are very instrumental with our clients in helping select 406 00:22:50,040 --> 00:22:53,000 Speaker 3: them and make sure that there is someone helping them, 407 00:22:53,280 --> 00:22:54,480 Speaker 3: especially on their first shows. 408 00:22:54,480 --> 00:22:55,800 Speaker 2: These shows are big shows. 409 00:22:56,119 --> 00:22:58,119 Speaker 3: You know, you're a writer and you're coming in and 410 00:22:58,119 --> 00:23:00,280 Speaker 3: all of a sudden you're being asked to run, you know, 411 00:23:00,800 --> 00:23:03,520 Speaker 3: essentially a company for that's you know, costs tens of 412 00:23:03,520 --> 00:23:07,520 Speaker 3: millions of dollars and run hundreds of people and be 413 00:23:07,600 --> 00:23:10,560 Speaker 3: the CEO of that company. That's that's not something that 414 00:23:10,600 --> 00:23:12,600 Speaker 3: someone can do by themselves, and it is a team 415 00:23:12,680 --> 00:23:17,240 Speaker 3: oriented job. In the same way that what Jeff and 416 00:23:17,280 --> 00:23:22,159 Speaker 3: I do as a team oriented representation. You know, everyone 417 00:23:22,200 --> 00:23:26,520 Speaker 3: at this company helps each other's clients. We make sure 418 00:23:26,560 --> 00:23:29,520 Speaker 3: that we were helping each other and we're communicating, making 419 00:23:29,560 --> 00:23:32,280 Speaker 3: sure that there's transparency and everything so that we can 420 00:23:32,320 --> 00:23:33,320 Speaker 3: help our clients rise. 421 00:23:33,400 --> 00:23:34,120 Speaker 2: And in the same. 422 00:23:33,960 --> 00:23:38,200 Speaker 3: Way with our showrunners, they need that help and they 423 00:23:38,280 --> 00:23:42,240 Speaker 3: need partners which we help them find to make sure 424 00:23:42,240 --> 00:23:43,399 Speaker 3: that they're going to be successful. 425 00:23:43,560 --> 00:23:45,760 Speaker 2: I think that's so well said. 426 00:23:45,840 --> 00:23:47,800 Speaker 4: The only other thing I'd add to that, Andrew, is 427 00:23:48,000 --> 00:23:51,399 Speaker 4: going back to your previous question, Like the Shonda's, the 428 00:23:51,480 --> 00:23:53,240 Speaker 4: Chucks and the Ryans and the sort of you know, 429 00:23:53,440 --> 00:23:58,440 Speaker 4: real aspirational heavyweights there got there by identifying who their 430 00:23:58,440 --> 00:24:01,080 Speaker 4: people are and by being mentors ands. So I think 431 00:24:01,080 --> 00:24:02,680 Speaker 4: a lot of what our job is is to figure 432 00:24:02,720 --> 00:24:04,840 Speaker 4: out Sometimes you've got an artist who. 433 00:24:04,800 --> 00:24:05,720 Speaker 2: Just wants to tell a story. 434 00:24:05,800 --> 00:24:07,360 Speaker 4: They just want to tell a story, and they want 435 00:24:07,400 --> 00:24:09,160 Speaker 4: to tell that story to the fullest, and they don't 436 00:24:09,160 --> 00:24:11,840 Speaker 4: want to think about touching anything else while they're telling 437 00:24:11,880 --> 00:24:14,880 Speaker 4: that story and go from the ideas in my head. 438 00:24:15,119 --> 00:24:17,440 Speaker 4: So I'm accepting an Emmy on stage, and that's great. 439 00:24:17,480 --> 00:24:19,879 Speaker 4: We love those people and they're wonderful, but they also 440 00:24:20,320 --> 00:24:22,679 Speaker 4: know that they are more one project to one project, 441 00:24:22,680 --> 00:24:25,160 Speaker 4: and that's totally okay. That's part of their artictic expression. 442 00:24:25,440 --> 00:24:27,720 Speaker 4: There's some who say, you know what, I want to 443 00:24:27,800 --> 00:24:29,800 Speaker 4: juggle multiple things at once. It will make all these 444 00:24:29,880 --> 00:24:32,800 Speaker 4: things better and I will feel satiated in different ways. 445 00:24:32,800 --> 00:24:36,240 Speaker 4: And if we can help those people find their people, 446 00:24:36,320 --> 00:24:38,679 Speaker 4: find their younger writers who are going to be their showrunners, 447 00:24:38,680 --> 00:24:40,840 Speaker 4: find their non writing EPs they want to partner with. 448 00:24:41,040 --> 00:24:43,200 Speaker 4: Maybe find a non writing EP they want to start 449 00:24:43,200 --> 00:24:46,199 Speaker 4: a company with. So that you've got a tremendous showrunner 450 00:24:46,320 --> 00:24:50,119 Speaker 4: and a non writing EP together with the same mission, 451 00:24:50,280 --> 00:24:52,640 Speaker 4: which is how do we lift other people. 452 00:24:52,560 --> 00:24:53,520 Speaker 2: Up and tell their stories? 453 00:24:53,560 --> 00:24:58,080 Speaker 4: So we always r on guard for bad mentorship. There's 454 00:24:58,080 --> 00:25:00,600 Speaker 4: nothing worse than putting a great idea with a bad producer. 455 00:25:00,800 --> 00:25:03,639 Speaker 4: It's absolutely brutal. It slows everything down and you're fighting 456 00:25:03,720 --> 00:25:06,239 Speaker 4: up against the tide the entire way. So if you, 457 00:25:06,400 --> 00:25:09,120 Speaker 4: if you collaborate in the right way, the mentorship park 458 00:25:09,119 --> 00:25:09,879 Speaker 4: gets taken care of. 459 00:25:10,480 --> 00:25:13,320 Speaker 1: So now I want you to look across the negotiation 460 00:25:13,520 --> 00:25:18,359 Speaker 1: table and size up the field of buyers out there. 461 00:25:19,880 --> 00:25:24,399 Speaker 1: It's a it's a long list. I think it's almost 462 00:25:24,440 --> 00:25:27,399 Speaker 1: surprising here we are in February twenty twenty four and 463 00:25:27,440 --> 00:25:32,600 Speaker 1: the list is that long. The speculation of cross, of course, 464 00:25:32,760 --> 00:25:36,440 Speaker 1: is that that list is going to winnow any day. 465 00:25:36,480 --> 00:25:38,840 Speaker 1: But we've been saying that for a long time too. 466 00:25:41,119 --> 00:25:43,800 Speaker 1: What do you what do you think is going to happen? 467 00:25:43,840 --> 00:25:45,919 Speaker 1: And I'm not even just saying, you know, is it 468 00:25:45,960 --> 00:25:48,520 Speaker 1: going to WINNO? Is it going to not but when 469 00:25:48,520 --> 00:25:52,159 Speaker 1: you when you look at the list of buyers, what 470 00:25:52,480 --> 00:25:55,919 Speaker 1: do you see right now in terms of the market? 471 00:25:56,040 --> 00:26:00,080 Speaker 1: Is this a is this a discerning list? Do you 472 00:26:00,160 --> 00:26:03,919 Speaker 1: feel like you have a clear sense of what buyers 473 00:26:04,280 --> 00:26:09,160 Speaker 1: want even? Do they have distinct identities, distinct set of needs? 474 00:26:09,960 --> 00:26:10,560 Speaker 2: What do you think? 475 00:26:11,560 --> 00:26:13,720 Speaker 4: Well, Andrew, I'm so curious to hear your thoughts on 476 00:26:13,760 --> 00:26:15,600 Speaker 4: this because you've been reporting on this and looking at 477 00:26:15,600 --> 00:26:18,200 Speaker 4: this for a long time. To your point, we've all 478 00:26:18,240 --> 00:26:21,160 Speaker 4: been sort of looking at the guillotine about to come 479 00:26:21,200 --> 00:26:24,040 Speaker 4: down on all these different networks. What have you seen 480 00:26:24,080 --> 00:26:25,840 Speaker 4: and heard in your travels? How come you don't think 481 00:26:25,840 --> 00:26:26,720 Speaker 4: that's happened yet. 482 00:26:27,119 --> 00:26:33,760 Speaker 1: Well, my skeptical take is that obviously all eyes are 483 00:26:33,760 --> 00:26:41,960 Speaker 1: on Paramount right now, and my feeling is that it's 484 00:26:42,560 --> 00:26:48,120 Speaker 1: not going to happen anytime soon, and that there's probably 485 00:26:50,040 --> 00:26:54,240 Speaker 1: regulatory issues that are at play here, and that maybe 486 00:26:56,320 --> 00:26:59,879 Speaker 1: this is not going to be so easily done, and 487 00:27:00,520 --> 00:27:05,000 Speaker 1: that perhaps maybe this is something like they need to 488 00:27:05,000 --> 00:27:07,280 Speaker 1: figure out who's going to be in the White House 489 00:27:07,400 --> 00:27:12,800 Speaker 1: by the end of the year first, that maybe you know, 490 00:27:13,240 --> 00:27:15,360 Speaker 1: there could be a whole host of reasons and that 491 00:27:15,680 --> 00:27:20,560 Speaker 1: this isn't maybe necessarily as simple as just paramount. And 492 00:27:20,760 --> 00:27:24,800 Speaker 1: so again, though my question really isn't just about like, oh, 493 00:27:24,880 --> 00:27:28,120 Speaker 1: there'll be one less buyer out there. I'm really more 494 00:27:28,200 --> 00:27:31,560 Speaker 1: curious about, like, you know, there was a time where 495 00:27:31,600 --> 00:27:34,000 Speaker 1: it just seemed like all these guys were just sort 496 00:27:34,040 --> 00:27:38,800 Speaker 1: of like gobbling up product indiscriminately. Now it even feels 497 00:27:38,800 --> 00:27:42,720 Speaker 1: like everyone's just focused on sports. So I guess I'm 498 00:27:42,720 --> 00:27:46,560 Speaker 1: just trying to get a sense of you know, how 499 00:27:46,600 --> 00:27:47,199 Speaker 1: you see it. 500 00:27:48,280 --> 00:27:51,119 Speaker 4: All you can ask from your creed, all you can 501 00:27:51,160 --> 00:27:55,120 Speaker 4: ask from your strategic partners at buyers is for honesty 502 00:27:55,359 --> 00:28:01,800 Speaker 4: and transparency. Right as managers, agents, lawyer, producers, as people 503 00:28:01,920 --> 00:28:05,520 Speaker 4: in the creative process and in this arena, all we 504 00:28:05,560 --> 00:28:07,480 Speaker 4: can ask from the folks who are running these places 505 00:28:07,520 --> 00:28:09,960 Speaker 4: are tell us what you can do, tell us what 506 00:28:10,000 --> 00:28:11,520 Speaker 4: you can't do, tell us what you will do, tell 507 00:28:11,600 --> 00:28:13,600 Speaker 4: us what you won't do, and then let us help 508 00:28:13,760 --> 00:28:14,439 Speaker 4: get the right. 509 00:28:14,320 --> 00:28:16,159 Speaker 2: Ideas with the right people to you. 510 00:28:16,600 --> 00:28:20,800 Speaker 4: So, the folks who are greenlighting these shows, for the 511 00:28:20,840 --> 00:28:23,159 Speaker 4: most part, are not the ones who are making the 512 00:28:23,200 --> 00:28:25,440 Speaker 4: bigger M and A decisions. Those decisions are coming down 513 00:28:25,480 --> 00:28:29,720 Speaker 4: from a different level. Right for us, all we need 514 00:28:30,040 --> 00:28:32,679 Speaker 4: are for the people who are actually green lighting shows 515 00:28:32,760 --> 00:28:34,399 Speaker 4: or not green lighting shows, to be able to be 516 00:28:34,440 --> 00:28:36,440 Speaker 4: real and honest with us, so we can be real 517 00:28:36,480 --> 00:28:38,600 Speaker 4: and honest with the people that we work with so 518 00:28:38,640 --> 00:28:40,520 Speaker 4: that we can deliver them something. Or if they're in 519 00:28:40,520 --> 00:28:42,600 Speaker 4: a place where they can't buy anything for six weeks, 520 00:28:42,840 --> 00:28:44,600 Speaker 4: we say, great, we'll talk to you in six weeks. 521 00:28:44,600 --> 00:28:46,479 Speaker 4: If that changes, let us know, just so we can 522 00:28:46,520 --> 00:28:48,920 Speaker 4: have an active picture of what the market is. I'd say, Matt, 523 00:28:49,040 --> 00:28:51,000 Speaker 4: I'm curious to hear what you would say. I think 524 00:28:51,080 --> 00:28:53,880 Speaker 4: right now what we're getting from all the buyers is 525 00:28:53,920 --> 00:28:56,880 Speaker 4: bring us specific things in specific buckets because we're open. 526 00:28:58,040 --> 00:28:59,560 Speaker 2: Yeah, I think that. 527 00:29:00,120 --> 00:29:04,400 Speaker 3: Look, this entire business, you know, is cyclical like every 528 00:29:04,400 --> 00:29:07,320 Speaker 3: other business, and we're in the middle of a down cycle. 529 00:29:07,640 --> 00:29:11,520 Speaker 3: But that does not mean that content stops being bought 530 00:29:11,600 --> 00:29:15,920 Speaker 3: and made. And to just point, as long as we 531 00:29:16,080 --> 00:29:20,520 Speaker 3: have solid partners on the buying side that are letting 532 00:29:20,560 --> 00:29:25,040 Speaker 3: us know what they're looking for, and sometimes they don't 533 00:29:25,080 --> 00:29:28,680 Speaker 3: know all the answers because you know, upstairs in whatever 534 00:29:28,800 --> 00:29:31,440 Speaker 3: C suite of corporate they're they're trying to figure out 535 00:29:31,480 --> 00:29:34,280 Speaker 3: how to you know, get the right answers and looking 536 00:29:34,320 --> 00:29:37,560 Speaker 3: at data and all this stuff. That honestly, at the 537 00:29:37,640 --> 00:29:40,280 Speaker 3: end of the day, may or may not matter. What 538 00:29:40,360 --> 00:29:44,200 Speaker 3: matters is that we represent people who come up with 539 00:29:44,400 --> 00:29:49,440 Speaker 3: unique and unique and different ideas than what is currently 540 00:29:49,440 --> 00:29:53,720 Speaker 3: in the market, and that excites the buyers and we 541 00:29:53,760 --> 00:29:56,680 Speaker 3: feel really fortunate about it, you know, we you know, 542 00:29:56,800 --> 00:30:01,800 Speaker 3: are able to kind of change the tide when when 543 00:30:01,840 --> 00:30:05,760 Speaker 3: things maybe in a downturn. Right before the strike, you know, 544 00:30:05,840 --> 00:30:09,920 Speaker 3: we went out with a pitch that was you know, 545 00:30:10,040 --> 00:30:12,960 Speaker 3: as everyone was shutting down, you know, we went out 546 00:30:13,000 --> 00:30:15,920 Speaker 3: with a pitch on a fascinating idea from this writer 547 00:30:16,120 --> 00:30:18,520 Speaker 3: of the UK and there was a five way bidding 548 00:30:18,520 --> 00:30:22,000 Speaker 3: war on it because it was just different and unique 549 00:30:22,040 --> 00:30:24,600 Speaker 3: and it was this really cool comedy and everyone had 550 00:30:24,640 --> 00:30:26,040 Speaker 3: never no one had ever seen it before. 551 00:30:26,480 --> 00:30:28,520 Speaker 2: And that's why we feel really fortunate. 552 00:30:28,600 --> 00:30:31,760 Speaker 3: And to your point your question, or ganew, we do 553 00:30:31,840 --> 00:30:34,280 Speaker 3: feel optimistic because we're seeing the results. 554 00:30:35,160 --> 00:30:41,480 Speaker 1: Last question. Here we are again in late February. There 555 00:30:41,600 --> 00:30:43,800 Speaker 1: used to be a time where there was this very 556 00:30:44,000 --> 00:30:52,320 Speaker 1: you know, clear calendar, clear rhythms to the TV market. 557 00:30:52,680 --> 00:30:56,480 Speaker 1: What sense though, do you have now in this you 558 00:30:56,520 --> 00:31:00,560 Speaker 1: know world where you know, the traditional fall schedule is 559 00:31:01,120 --> 00:31:05,480 Speaker 1: probably gone for good. You know, as you look to March, 560 00:31:05,680 --> 00:31:09,960 Speaker 1: you know, and beyond, how do you sort of get 561 00:31:10,000 --> 00:31:13,320 Speaker 1: your bearings and what do you expect, you know, the 562 00:31:13,360 --> 00:31:17,960 Speaker 1: spring to bring in terms of development and how whether 563 00:31:18,000 --> 00:31:21,480 Speaker 1: it's linear networks or streaming, do you what do you 564 00:31:21,560 --> 00:31:22,719 Speaker 1: expect lies ahead? 565 00:31:23,960 --> 00:31:29,280 Speaker 3: I think we anticipate it to be year round. We anticipate, 566 00:31:29,440 --> 00:31:32,840 Speaker 3: you know, the market to be opened all the time 567 00:31:33,000 --> 00:31:36,680 Speaker 3: and for people to be wanting to purchase non stop. 568 00:31:36,800 --> 00:31:39,880 Speaker 3: And the days to your point of upfronts in May 569 00:31:39,920 --> 00:31:42,240 Speaker 3: and finding out you know, what was going to be 570 00:31:42,280 --> 00:31:46,320 Speaker 3: on the schedule for that fall, those you know, still 571 00:31:46,360 --> 00:31:49,800 Speaker 3: exists to a certain extent, but those days are over 572 00:31:50,120 --> 00:31:52,960 Speaker 3: and it is a twenty four to seven game, and 573 00:31:53,720 --> 00:31:58,040 Speaker 3: you know, our clients are you know, advised and always 574 00:31:58,040 --> 00:32:02,120 Speaker 3: moving with us in the mentality that we're creating a 575 00:32:02,160 --> 00:32:05,880 Speaker 3: market every day because we're coming up with our clients 576 00:32:06,040 --> 00:32:09,360 Speaker 3: and helping them develop quality content that they're going to 577 00:32:09,400 --> 00:32:11,560 Speaker 3: be able to sell to multiple buyers. 578 00:32:11,920 --> 00:32:13,760 Speaker 2: And by the way, some of the buyers may not 579 00:32:13,840 --> 00:32:14,520 Speaker 2: be buying. 580 00:32:14,320 --> 00:32:17,480 Speaker 3: To just point at one moment or another, but there 581 00:32:17,600 --> 00:32:21,640 Speaker 3: is always a market for content, especially if it is 582 00:32:21,720 --> 00:32:24,520 Speaker 3: new and cutting edge and different and innovative. 583 00:32:25,160 --> 00:32:27,600 Speaker 4: And there might be there might be an opportunity for 584 00:32:28,080 --> 00:32:31,280 Speaker 4: broadcast network at this moment. I mean, I think everyone 585 00:32:31,320 --> 00:32:34,040 Speaker 4: has been so focused on streamers and the growth of 586 00:32:34,040 --> 00:32:36,280 Speaker 4: streamers and spot and what's happening there, and I think 587 00:32:36,560 --> 00:32:39,080 Speaker 4: broadcast television has maybe gotten a little bit lost in 588 00:32:39,080 --> 00:32:42,800 Speaker 4: the shuffle there. So I think our eyes are on 589 00:32:42,880 --> 00:32:46,240 Speaker 4: the broadcasters to say, you know, what are you guys 590 00:32:46,280 --> 00:32:48,240 Speaker 4: going to do, and can you make content that does 591 00:32:48,280 --> 00:32:51,400 Speaker 4: cut through in a real way, and if so, maybe 592 00:32:51,480 --> 00:32:53,960 Speaker 4: we go back to that, to that calendar in some way. 593 00:32:54,480 --> 00:32:56,840 Speaker 3: I just to add on to that because it's a 594 00:32:56,840 --> 00:32:59,080 Speaker 3: really interesting point. But Jeff brought up, but you're also 595 00:32:59,160 --> 00:33:02,160 Speaker 3: seeing a lot of the streamers now trying to create 596 00:33:02,200 --> 00:33:06,440 Speaker 3: their own network plus content, if you will. And so 597 00:33:06,640 --> 00:33:10,400 Speaker 3: you're seeing you're starting to see the migration of some 598 00:33:10,480 --> 00:33:14,720 Speaker 3: of the network players that usually in the writing space 599 00:33:14,760 --> 00:33:17,200 Speaker 3: would be working, you know, at one of the big 600 00:33:17,240 --> 00:33:23,560 Speaker 3: three networks actually migrating to the streaming platforms. 601 00:33:23,880 --> 00:33:26,880 Speaker 1: Well, I can't think of a more hopeful note to 602 00:33:27,000 --> 00:33:30,920 Speaker 1: end on than hope for the broadcast networks. But thank 603 00:33:30,960 --> 00:33:34,560 Speaker 1: you both for your time, good luck pitching for the 604 00:33:34,560 --> 00:33:35,440 Speaker 1: rest of this season. 605 00:33:36,240 --> 00:33:44,400 Speaker 2: Thank you Andrew, thanks for listening. 606 00:33:44,520 --> 00:33:47,120 Speaker 1: Be sure to leave us a review at Apple Podcasts 607 00:33:47,160 --> 00:33:50,800 Speaker 1: and Amazon Music. We love to hear from listeners. Please 608 00:33:50,840 --> 00:33:52,880 Speaker 1: go to Variety dot com to sign up for the 609 00:33:53,000 --> 00:33:57,400 Speaker 1: free weekly Strictly Business newsletter, and don't forget to tune 610 00:33:57,440 --> 00:34:00,800 Speaker 1: in next week for another episode of Brickkly Business 611 00:34:12,440 --> 00:34:12,560 Speaker 4: HM