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Speaker 2: Your vision forward. How do you see the media business
Speaker 2: pivoting on the economics side and what's your plan person, Well,
Speaker 2: podcast wise, it's already pivoted.
Speaker 3: You've got thousands upon thousands of podcasts, so there's no
Speaker 3: way to get around that. I'm proud of my man,
Speaker 3: Shannon Sharp Club Shay Shay doing his thing, no doubt
Speaker 3: about it. The Cat Williams interview was off the chain,
Speaker 3: and I think more than half of his subscribers came
Speaker 3: because of that interview alone, So major, major props to
Speaker 3: him for pulling that off and doing what he did,
Speaker 3: and he deserves a lot of credit, but Nightcap ain't
Speaker 3: nothing to sleep on either with him and o Cho
Speaker 3: Senko may and give it arenas you know, so major
Speaker 3: props to them for that. But I would tell you that,
Speaker 3: you know, when you see the paradigm shifting in our
Speaker 3: media business, it's because the public has stated we're not
Speaker 3: interested in linear television as much as we have. What
Speaker 3: people are confused about is that doesn't mean they're not
Speaker 3: interested in the content that linear television provides. They just
Speaker 3: wanted in a different platform than linear television provides. They
Speaker 3: don't want it on a TV screen where you got
Speaker 3: to buy a TV. They want to be able to
Speaker 3: watch it on their phone. They want to be able
Speaker 3: to watch it on their iPad or their laptop or whatever.
Speaker 3: And not only that. If you really really think about it,
Speaker 3: it's nothing different than what society has done for ages.
Speaker 3: Youngsters dictate the direction. They may not pay the bills,
Speaker 3: but they dictate the direction. So it's like a kid
Speaker 3: that's growing up, right, Well, you know what, I don't
Speaker 3: feel like doing this.
Speaker 2: I feel like doing that.
Speaker 3: I want to go to the movies, but then after that,
Speaker 3: I want to go to the amusement partner. Then out there,
Speaker 3: I want to go to Cony of you in New York,
Speaker 3: you and Brooklyn. I want to go to Coney Island. Well, hell,
Speaker 3: I want to go to six Flags. Well, damn it,
Speaker 3: not six Flags. Now, I want to go to six
Speaker 3: Flags out of Virginia. Okay, Oh by the way, now
Speaker 3: let me go to Disneyland. Oh that's an Anaheim. Oh
Speaker 3: damn it, Disney World. I'd rather go there. You see
Speaker 3: what I'm saying. History has shown us that these transitions,
Speaker 3: that trans that take place, it's dictated by our youth,
Speaker 3: not financed by it, but dictated by it. Because because
Speaker 3: if you're a parent, you're going to give the kid
Speaker 3: what they want for the most part, if you can
Speaker 3: afford to do it, and they deserve it.
Speaker 2: Well, guess what. That's exactly what's happening now.
Speaker 3: The kids are telling the parents who happen to be
Speaker 3: executives at the linear networks, this is what we want.
Speaker 2: Not only that streaming.
Speaker 3: Has proliferated, and so when you look at Amazon, Apple,
Speaker 3: you know, Netflix and everybody else with you know, Prime video.
Speaker 2: All of this stuff.
Speaker 3: They've created different platforms that has forced the linear world
Speaker 3: to capitulate to the direction that it's going in sooner
Speaker 3: than it would have liked, and as a result, you're
Speaker 3: seeing a dwindling number. But it makes me laugh being
Speaker 3: at ESPN when people act like ESPN is losing this audience.
Speaker 2: No, we're not. We're just losing it on digital. I'm
Speaker 2: sorry on linear me losing.
Speaker 3: In a digital stratus. Fyre go check out ESPN YouTube's number,
Speaker 3: esben YouTube numbers. Look at them comp to everybody else,
Speaker 3: and look at their numbers. You understand they can talk
Speaker 3: about Disney Plus and stuff all they want to. Well,
Speaker 3: we're talking billions upon billions of dollars that are being generated.
Speaker 3: You saw that there was recently a shareholders meeting where
Speaker 3: it maintained by Viger remaining.
Speaker 2: As the CEO of Walt Disney.
Speaker 3: What has he been talking about losing we ruling out
Speaker 3: Disney Plus. We've seen them drop the ESPN phone in
Speaker 3: the past. We've seen them drop other stuff in the past.
Speaker 3: How come you ain't say goodbye to Disney Plus? How
Speaker 3: come you ain't say good bye to the ESPN Plus
Speaker 3: because there's money to be generated there.
Speaker 2: You just got a master.
Speaker 1: They are trying to figure out what to do with ESPN.
Speaker 3: Yes, no, no, but that's only because again as a
Speaker 3: linear platform. As a linear platform, okay, we might pair
Speaker 3: it with Warner Brothers and Fox and what have you,
Speaker 3: because we got to compete with the market cap that
Speaker 3: is Amazon and Apple, all right, and even combined they're
Speaker 3: worth about a little under four hundred ESPN, Warner Brothers, Discovery, Fox,
Speaker 3: you worth about under four hundred billion. Well, Apple, Amazon,
Speaker 3: y'all know this better than me, because y'all experts in
Speaker 3: this field. They're worth nearly three trillion apiece. So that's
Speaker 3: what you're competing with. They just don't choose to specialize
Speaker 3: in the sports landscape the way that ESPN does. So
Speaker 3: what I'm saying to you is you come to me
Speaker 3: years ago. I now knew none of this. I paid
Speaker 3: attention to none of this. But now I'm looking at
Speaker 3: everything that's transpiring and how they're doing business where our
Speaker 3: audience lies. You can't tell me, for example, first Take.
Speaker 3: This is the success story of First Take in an
Speaker 3: age where the linear audience is dwindling and fading and
Speaker 3: shows are getting canceled.
Speaker 2: Our ratings are up.
Speaker 3: We're at a point now where I'm measured against me
Speaker 3: the show is measured against it year over year.
Speaker 2: This is what all right?
Speaker 3: We up year over year for twenty consecutive months, we've
Speaker 3: been up year over year. That's bringing in over five
Speaker 3: hundred thousand viewers. Did you know that annually on ESPN
Speaker 3: digital like YouTube.
Speaker 2: Stuff like that.
Speaker 3: I myself, by myself generates over two billion views a
Speaker 3: year annually by myself.
Speaker 2: For ESPN, for ESPN on YouTube, ESPN YouTube stuff like that. Yes.
Speaker 3: Yeah, so I'm saying their platforms over two billion by myself.
Speaker 3: And so when when I look at that, I'm like,
Speaker 3: how could in a less audience?
Speaker 2: Of course, we still have the audience.
Speaker 3: They're just watching us in different platforms and you got
Speaker 3: to know what those platforms are and how to monetize
Speaker 3: it so you know how to make your money.
Speaker 2: But the audience hasn't faded.
Speaker 3: It's just that they've said, we want to watch y'all
Speaker 3: on different platforms.
Speaker 2: We don't want to rely on the TV to do it.
Speaker 1: So this is, I mean's a couple of things to
Speaker 1: unpack this. Yes, the one thing that ESPN does have
Speaker 1: that the Apples and vasions don't. An Amazon has the
Speaker 1: MLB and Apple has them trying to get involved, right,
Speaker 1: everybody's trying to get into live sports. Yeah, obviously ESPN
Speaker 1: has it with the NFL pretty much every league. As
Speaker 1: you know, you're watching that as a businessman. Obviously you're
Speaker 1: you're working for the company, but as a businessman, you're
Speaker 1: starting to see the club Schachs right, like, yes, you
Speaker 1: have your own YouTube channel, right, six hundred thousand subscribers,
Speaker 1: congratulations on that, thank you.
Speaker 2: Right.
Speaker 1: We saw Ryan Clark recently use that as leverage to negotiate.
Speaker 1: So as you're building the I P are you you're
Speaker 1: looking at this like this is also my leverage, right,
Speaker 1: because it's it's it's it comes to a point now
Speaker 1: where if you're watching ESPN, like we watch McAfee's well
Speaker 1: documented the amount of money he's making, which is congrats
Speaker 1: to him because it's a totally different formatfe it's working.
Speaker 1: But you watch the landscape, right, you see everybody at Fox, CBS, right,
Speaker 1: you see ak Men, right, Stephen a well popular and
Speaker 1: all these guys. Are you building the leverage in terms
Speaker 1: of you know what my atturn is coming, let's talk.
Speaker 2: I already have.
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