Speaker 1: Bloomberg Audio Studios, podcasts, radio news. Good morning, I'm Nathan
Speaker 1: Hager and I'm Karen Moscow. Here are the stories we're
Speaker 1: following today, Karen.
Speaker 2: Reaction continues to pour in from around the world to
Speaker 2: the death of the architect of the October seventh attacks
Speaker 2: against Israel. The Israeli military says Yahya Sinwar, the leader
Speaker 2: of Hamas, was killed Wednesday in what appears to be
Speaker 2: a chance encounter in southern Gaza. Here's Israeli Prime Minister
Speaker 2: Benjamin Natanyahu's speaking through an interpreter.
Speaker 3: I mean, I'm standing before you today to inform you
Speaker 3: the Hamas leader, Yaya Sinwar, has been eliminated. The person
Speaker 3: who committed the most terrible massacre in the history of
Speaker 3: our nations since the Holocaust, the mass murderer who murdered
Speaker 3: thousands of Israelis and kidnapped hundreds of our citizens, who
Speaker 3: was eliminated today by our heroic soldiers. And today, as
Speaker 3: we promised to do, we settled the account with him.
Speaker 3: Today evil has suffered a heavy blow, but the task
Speaker 3: before us is not yet complete.
Speaker 2: And the news comes as Natanya, who continues to weigh
Speaker 2: Israel's retaliation against Iran for firing two hundred ballistic missiles
Speaker 2: on October first.
Speaker 4: Well, Nathan Sinhar's a death that leaves Hamas with no
Speaker 4: clear successor, as questions remain about the path forward in
Speaker 4: the Middle Aged and we get more from a bloomberg
Speaker 4: middle aged ancher Jumana Bursecchi.
Speaker 5: This is seen as a major victory for the Israeli
Speaker 5: Prime Minister and for the Israeli cabinet. It comes on
Speaker 5: the heels of the killing of the other former political
Speaker 5: leader of Hamas is smile Heni and Tehran a few
Speaker 5: months ago, and the killing of Hassan Asrela, the leader
Speaker 5: of Hesbala, alongside other Hesbella commanders as well, so very
Speaker 5: significant moments. But the question from here onwards, and there
Speaker 5: are many questions, is who will be replacing Jehoa Sinwad,
Speaker 5: Will that person be more open to cease Far discussions,
Speaker 5: and indeed, from the Israeli perspective, is there actually a
Speaker 5: desire to move forward with these sees Far negotiations. There's
Speaker 5: a lot of pressure domestically on Natanyahu's government to secure
Speaker 5: the release of the hostages. It's been over a year
Speaker 5: now and it's expected that there's still around one hundred hostages,
Speaker 5: unclear how many of them are still alive.
Speaker 4: Bloombergymna Bersecchi reporting. President Biden says he's sending Secretary of
Speaker 4: State Antony Blincoln to Israel as part of efforts to
Speaker 4: end the war with Ummas.
Speaker 2: Thenk Karen Vice President Kamala Harris says Sinwar's death offers
Speaker 2: a chance at peace.
Speaker 6: This moment gives us an opportunity to finally end the
Speaker 6: war in Gaza, and it must end such that Israel
Speaker 6: is secure, the hostages are released, the suffering in Gaza ends,
Speaker 6: and the Palestinian people can realize their right to dignity, security, freedom,
Speaker 6: and self determination.
Speaker 2: The Vice president spoke after a campaign event with college
Speaker 2: students in Milwaukee. Later, she held a rally in Lacrosse, Wisconsin,
Speaker 2: and talked about her plan to build an opportunity economy.
Speaker 6: Which is where every American has an opportunity to own
Speaker 6: a home, to start a business, to build wealth.
Speaker 2: Kamala Harris was joined by billionaire Mark Cuban. He blasted
Speaker 2: former President Donald Trump's plans for across the board tariffs
Speaker 2: as attacks on everybody. Cuban said, quote, Donald Trump wants
Speaker 2: you to have a lousy Christmas.
Speaker 7: Well.
Speaker 4: Next week, Nathan Vice President Harris will be joined on
Speaker 4: the stump by two of the most popular figures in
Speaker 4: the Democratic Party, Barack and Michelle Obama. A senior campaign
Speaker 4: official tells Bloomberg. The former president will join Harris in
Speaker 4: Georgia on Thursday, but the former First Lady will appear
Speaker 4: with the Vice president a week from tomorrow in Michigan.
Speaker 4: It will be the first time Harris has appeared with
Speaker 4: either of the Obamas during the campaign, and.
Speaker 2: Former President Trump's getting high profile support of his own
Speaker 2: care and the world's richest person, Elon Musk, held an
Speaker 2: event for the former president yesterday in the Philadelphia area.
Speaker 2: Musk said the next election will decide the fate of
Speaker 2: America and the fate of Western civilization.
Speaker 3: You know, you know what, I've been told at times
Speaker 3: that these are like right wing values.
Speaker 8: I'm like, are you insane?
Speaker 6: There's literally the fundamental values that made America what it
Speaker 6: is today.
Speaker 2: As for Donald Trump, he rubbed shoulders night with New
Speaker 2: York City's elites at the Al Smith Dinner, and he
Speaker 2: blasted Kamala Harris firm not showing up to the annual
Speaker 2: Catholic charity event.
Speaker 9: My opponent feels like she does not have to be here,
Speaker 9: which is deeply disrespectful to the event and in particular
Speaker 9: to our great Catholic community.
Speaker 2: Vice President Harris did address the event in a brief
Speaker 2: video message. Donald Trump also gave an interview to the
Speaker 2: Catholic news channel e WTN. He said he would consider
Speaker 2: a religious exemption to covering the costs of in vitro fertilization.
Speaker 2: Some conservative Christians are opposed to the fertility procedure.
Speaker 4: Well, let's turn to the markets now, Nathan. We're watching
Speaker 4: shares of Netflix. They're at five point seven percent this morning.
Speaker 4: The streaming giant added more than five million customers last
Speaker 4: quarter and eclipsed to Wall Street's estimates on every major metric.
Speaker 4: Netflix CEO Ted Sarandos was glowing about the company's prospects.
Speaker 9: Looking into twenty twenty five. We're feeling really good about
Speaker 9: the business. We had a plan to reaccelerate growth, and
Speaker 9: we delivered on that plan. You can see that in
Speaker 9: our twenty twenty four financials. Expect to deliver fifteen percent
Speaker 9: revenue growth and six percentage points of operating margin improvement
Speaker 9: and engagement, which we view as our best proxy for
Speaker 9: member happiness because when people watch more, they stick around longer,
Speaker 9: so that's retention.
Speaker 4: And Netflix is ted. Sarando says sales in the third
Speaker 4: quarter grew by fifteen percent and more than nine point
Speaker 4: eight billion dollars.
Speaker 2: Something else we're watching, of course, Karen is Warren Buffett
Speaker 2: continuing to unload shares of Bank of America. Let's get
Speaker 2: the latest on that with Bloomberg's John Tucker.
Speaker 10: John.
Speaker 2: This has been going on for a while and Buffett
Speaker 2: still isn't saying why he's been selling.
Speaker 11: I'm going to guess to make money.
Speaker 7: Oh, that's one way.
Speaker 2: Yeah.
Speaker 11: Buffett's Birchshire Hathaway reaping about three hundred and seventy million
Speaker 11: dollars selling stock this week. This, according to a filing detailing,
Speaker 11: is sixteenth round of disposals since mid July. And this
Speaker 11: is trim Bircher's stake on the second biggest bank to
Speaker 11: nine point nine seven percent, and that number is important.
Speaker 11: Dathan US rules require investors with more than ten percent
Speaker 11: of a stock to disclose trades within a few days.
Speaker 11: The latest filing may let Buffett provide updates less frequently,
Speaker 11: potentially leaving fellow shareholders in the dark for months if
Speaker 11: he sells further. The ninety four year old Buffett hasn't
Speaker 11: commented exactly why he's pulling back from the investment, though
Speaker 11: Thursday's regulatory filing shows Berkshire still remains back of America's
Speaker 11: biggest shareholder, with a stake worth about thirty two point
Speaker 11: six billion dollars. You know your income, John Tucker, Bloomberg Radio.
Speaker 4: All right, John, thank you. We have some good news
Speaker 4: for Apple overseas. Salso, the newest iPhones in China are
Speaker 4: up twenty percent in their first three weeks compared with
Speaker 4: twenty twenty threes model. It's a positive sign for a
Speaker 4: device that struggled this year to gain traction in the
Speaker 4: world's largest smartphone market. The iPhone sixteen made its debut
Speaker 4: in September.
Speaker 2: And we've got some news on the content front this morning, Karen.
Speaker 2: Today marks the launch of the Bloomberg Weekend Edition newsletter.
Speaker 2: Every Friday, we bring you a collection of ideas exploring
Speaker 2: the fascinating places where finance, life, and culture meet. This
Speaker 2: week's Weekend ed dish and features a look at how
Speaker 2: Starbucks became the instagrammable hangout for teens and tweens. Also
Speaker 2: a story about how China's Live Flat generation is choosing
Speaker 2: self care over luxury goods. Get the Weekend Edition newsletter
Speaker 2: on Bloomberg dot com and on the Bloomberg Business app.
Speaker 4: And it is time now for a look at some
Speaker 4: of the other stories making news in New York and
Speaker 4: around the world. And for that we're joined by Bloomberg's
Speaker 4: Michael Barr. Michael, Good Morning, Good Morning, Karen.
Speaker 7: A hearing is scheduled for noon on Monday for the
Speaker 7: man who would have become the first person executed for
Speaker 7: a murder tied to shaken baby syndrome. The Texas Supreme
Speaker 7: Court halt at last night's lethal injection for Robert Roberson,
Speaker 7: who was convicted of killing his two year old daughter,
Speaker 7: Niki in two thousand and two. Critics of his conviction
Speaker 7: say flawed science sent Roberson to death row. Texas Department
Speaker 7: of Criminal Justice spokesperson Amanda hernandez I had.
Speaker 4: The opportunity to go back there to speak with him,
Speaker 4: and he was shocked, to say the least.
Speaker 2: He praise God and he thanked his supporters.
Speaker 7: Republican state Representative Lacy Hull is calling for a new
Speaker 7: trial for Roberson.
Speaker 8: There's so much that has never jurors a jury has
Speaker 8: never heard, and that what we learned in the committee
Speaker 8: hearing was that there is so much that was thrown
Speaker 8: out on hearsay, medical experts, things that were not allowed.
Speaker 8: So he needs a new trial to have all of
Speaker 8: this properly heard.
Speaker 7: Roberson's lawyers argued new evidence suggests Nicki kned of pneumonia
Speaker 7: made worse by medication. There's a call for a major
Speaker 7: shakeup at the Secret Service. As an independent outline top
Speaker 7: to bottom failures that allowed a gunman to open fire
Speaker 7: on former President Donald Trump in July, killing a spectator
Speaker 7: and injuring Trump and others. The panel once new leadership
Speaker 7: from outside the Service. In the blistering fifty two page report,
Speaker 7: a new timeline reveals local officers radio to alert that
Speaker 7: Thomas Crooks was armed and lying down thirty seconds before
Speaker 7: she rang out on the same frequency, but that message
Speaker 7: never made it a Secret Service in Argentina, prosecutors in
Speaker 7: Buenos Aires saying that the circumstances surrounding the death of
Speaker 7: former One Direction singer Liam Payne were suspicious and possibly
Speaker 7: involved drugs. Whoever, there is no sign of a third
Speaker 7: party being involved. Paying thirty one, died on Wednesday. He
Speaker 7: shot the fame as a teenager and grappled with the
Speaker 7: pressures of global stardom. Forensic experts collected evidence a day
Speaker 7: after Payin was found dead in the hotel courtyard after
Speaker 7: plunging from his room on the third floor. Global News
Speaker 7: twenty four hours a day and whenever you want it
Speaker 7: with the Bloomberg News. Now. I'm Michael Barr, and this
Speaker 7: is Bloomberg Karen.
Speaker 4: All right, Michael Barr, thank you time now for the
Speaker 4: Bloomberg Scores update with John Stshauer.
Speaker 12: John, good morning, Good morning, Karen. Thought of a subway
Speaker 12: series not dead yet, but it took us severe beating
Speaker 12: last night, especially with the situation the Mets are now
Speaker 12: in facing the elimination needed and now beat the Dodgers
Speaker 12: three straight times. They've lost to LA three times and
Speaker 12: by a combined score of twenty seven to two. Things
Speaker 12: started quickly at City Field.
Speaker 11: There's a shot right center field and Otni lights the fire.
Speaker 1: He lead off home run.
Speaker 13: Dodgers won Mets nothing in Game four, sports hat.
Speaker 12: And then rookie Betts took over two run double in
Speaker 12: the fourth inning, two run homer in the six, Dodgers
Speaker 12: added three more than ninth one, ten to two, lead
Speaker 12: the series three to one. Mets stranded twelve went zero
Speaker 12: for ten with runners in scoring position. Earlier, it was
Speaker 12: ALCS Game three at high Drama in Cleveland, a routine
Speaker 12: game for seven Anything's Guardians led three to one, and
Speaker 12: then a series of dramatic home runs, two for each team.
Speaker 12: Aaron Judge, John Carlos Stanton back to the back of the
Speaker 12: eighth inning, Judge to tie the game, Stanton to put
Speaker 12: the Yanks ahead. Yankees were one strike from a three
Speaker 12: to nothing series lead when John Kinzi Noel Belt at
Speaker 12: a pinch it game time, two run shot, and inning
Speaker 12: later it was David Frye. Guardians won seven to five,
Speaker 12: trimming the Yankee series lead to two to one.
Speaker 13: Here's Aaron Boone, amazing game to witness. I mean that was,
Speaker 13: you know, playoff baseball. You know, both sides just kept
Speaker 13: coming with haymakers and big, big at bats, big moments
Speaker 13: off of two really good bullpens, and they all lasted us.
Speaker 12: Tonight, another LCS double letter today, this time it's the
Speaker 12: Mets that go first. Game five, starting at five at
Speaker 12: City Field, and it's Game four in Cleveland, NFL. Denver
Speaker 12: sent New Orleans to a fifth rade loss thirty three
Speaker 12: ten Sean Payton beats his former team on the ice
Speaker 12: hat trick for our Temmi Panaraen Rangers won five to
Speaker 12: two at Detroit. Devil's won three one at Ottawa. Islanders
Speaker 12: lost one nothing in Saint Louis. Longtime Virginia basketball coach
Speaker 12: Tony Bennett said to be displeased with the changes in
Speaker 12: college sports, retiring at age fifty five. Won the NCAA
Speaker 12: Tournament in twenty nineteen. John Stashedwer Bloomberg Sports County.
Speaker 7: Nathan.
Speaker 10: Coast to Coast. I'm Bloomberg Radio nationwide on Sirius XM,
Speaker 10: and around the world on Bloomberg dot Com and the
Speaker 10: Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm
Speaker 10: Nathan Hager.
Speaker 2: Both Israel and the United States are celebrating the death
Speaker 2: of Hamas leader Yayak Sinwar. Vice president Kamala Harris says
Speaker 2: the world is better off without him.
Speaker 6: Sinwar was responsible for the killing of thousands of innocent people,
Speaker 6: including the victims of October seven and hostages killed in Gaza.
Speaker 6: He had American blood on.
Speaker 2: His hands, and the Vice President says Sinwar's death presents
Speaker 2: an opportunity to bring the war in Gaza to an end,
Speaker 2: but Israel is not declaring victory just yet. For more,
Speaker 2: we are joined by Bloomberg Middle East correspondent Jamana Bursecci,
Speaker 2: the anchor of Bloomberg Horizons with us this morning from Dubai.
Speaker 2: Good morning. Now, with Hamas leaderless and apparently rudderless, where
Speaker 2: could this conflict go from here? Good morning?
Speaker 5: That is the question that everyone seems to be asking today,
Speaker 5: and it really boils down to whether these diplomatic efforts
Speaker 5: are actually going to succeed. And it's pretty apparent that
Speaker 5: in the last twenty four hours, both the President Biden
Speaker 5: Vice President Kamala Harris have seen this as a window
Speaker 5: of opportunity to push forward with those seeswar discussions. The
Speaker 5: Secretary of State Anthony Blincoln is going to be returning
Speaker 5: to the region in the next four to five days
Speaker 5: once more. This would be his eleventh trip since October
Speaker 5: seven to push forward with those negotiations. But of course,
Speaker 5: many questions still remain unanswered. The first is who actually
Speaker 5: will be replacing Yeh Sino? Is it going to be
Speaker 5: an appointee from within Gaza, in which case it complicates
Speaker 5: those seaswar discussions. Or will it be an appointee like
Speaker 5: the likes of Khalid Michal or Khalil Heya, both of
Speaker 5: them residing in Doha, which, as we know Qatar has
Speaker 5: been a key mediator with those seaswar discussions. That could
Speaker 5: help perhaps push them along on the other side as well.
Speaker 5: The question is whether there is enough tomestic pressure on
Speaker 5: the Israeli Prime Minister to actually this time around come
Speaker 5: to a Cesi agreement in order to secure the release
Speaker 5: of hostages.
Speaker 2: How do you get to a ceasefied agreement agreement though Jumana,
Speaker 2: when Yaya sin War was seen as one of the
Speaker 2: key figures at least when the discussions were underway in
Speaker 2: the ceasefire negotiations, and when Hamas at this point doesn't
Speaker 2: have clear leadership, who would they be negotiating with?
Speaker 5: Yeah, that is it. So that I mentioned earlier, Khalil Heya,
Speaker 5: who lives in has been living in Doha, has actually
Speaker 5: been involved in those mediation discussions. So if they wanted
Speaker 5: somebody who is more in the loop of some of
Speaker 5: the background discussions that have been going on, he could
Speaker 5: be one name put forward, but at the same time
Speaker 5: he lacks the seniority and the leadership and the clouds
Speaker 5: that yeah Hinwa had within the party. Don't forget yeahhen
Speaker 5: what has been around for decades now, And yes he
Speaker 5: was the mastermind of oktol over seven. But for many
Speaker 5: within Hamas and even for Iran, he was seen as
Speaker 5: just another figurehead in the so called Axis of resistance.
Speaker 5: And again there have been many eliminations of Hamas leaders
Speaker 5: over the last few years. I'm not specifically talking about
Speaker 5: Ismail Hani, and they've always managed to keep on. The
Speaker 5: group hasn't fully been eliminated. So to come back to
Speaker 5: your question on whether the cees Far discussions can be successful,
Speaker 5: the Israeli Prime Minister has clearly articulated that the war
Speaker 5: in Gaza is not going to stop until Hamas fully
Speaker 5: laid down their arms, and the question for her onwards
Speaker 5: is whether Hamasa under so much duress now that they
Speaker 5: feel that they have no option but to lay down
Speaker 5: their arms and pave the way for a new type
Speaker 5: of governance in Gaza.
Speaker 2: And in the meantime there's the effort as well to
Speaker 2: free the remaining hostages that Hamas is holding in Gaza.
Speaker 2: And the weight for retaliation against Iran over its ballistic
Speaker 2: missile strike earlier this month. Where do all these multiple
Speaker 2: fronts stand in terms of that.
Speaker 5: Yeah, so multiple fronts being engaged in and you also
Speaker 5: didn't mention Lebanon as well. That's the front that has
Speaker 5: really been heating up over the last couple of weeks.
Speaker 5: The latest figure is pointing to over twenty four hundred
Speaker 5: people having been killed since the escalation of that front.
Speaker 5: A ground occursion still taking place, air strikes. We talk
Speaker 5: about air strikes not just around the suburbs of Bea routes,
Speaker 5: but there have been some targeted air strikes in other
Speaker 5: countries as well, in Damascus and Lataquilla, one of the
Speaker 5: coastal cities in Syria. And so it is very clear
Speaker 5: that the Israeli viewpoint at this point in time is
Speaker 5: to go after commanders from all over of this axis
Speaker 5: of resistance and even sending a drone attacks as far
Speaker 5: as Yemen to respond to the Hothies. And this, of course,
Speaker 5: as we all are sitting waiting to see what the
Speaker 5: likely response is going to be to the Iran ballistic
Speaker 5: missile that happened on October the first we've been talking
Speaker 5: about the various reports that have come out suggesting that
Speaker 5: the Israeli response is likely to be centered on hitting
Speaker 5: military infrastructure and perhaps individual senior commanders as opposed to
Speaker 5: going after oil infrastructure. But none of us are really
Speaker 5: privy to the conversations that are going on here, and
Speaker 5: so it remains to be seen as to whether Israel
Speaker 5: want to escalate with the view of this getting expanded,
Speaker 5: or the conflic getting expanded even further, or as they
Speaker 5: have been saying the last couple of months, escalate with
Speaker 5: the view of de escalation.
Speaker 2: Only about a minute left Jumana. But prior to Yaja
Speaker 2: sin War's death, there was a lot of pressure being
Speaker 2: laid on Israel to improve the humanitarian situation in Gauza.
Speaker 2: The letter from Secretary of State Blincoln and Defense Secretary
Speaker 2: Lloyd Austin. Where does that stand now?
Speaker 5: Yeah, So there has been efforts on the part of
Speaker 5: the US not only to push forward on the CESPAR discussions,
Speaker 5: but also to help from a humanitarian perspective as well.
Speaker 5: The US. That letter that was released a couple of
Speaker 5: days ago indicated that the US are threatening to withhold
Speaker 5: military aid if the humanitarian situation doesn't improve and more
Speaker 5: trucks and a trucks are not allowed or have been
Speaker 5: blocked access from entering into the gaza strips. So it
Speaker 5: is likely that more humanitarian aid will be coming through.
Speaker 5: But at the end of the day, you're still looking
Speaker 5: at a situation where ninety percent of the population displaced
Speaker 5: without access to key supplies, medicine, food. The similar situation
Speaker 5: is playing out in Lebanon with a quarter of the
Speaker 5: population displaced, and even in Lebanon, where the conflict has
Speaker 5: only been going on really in this intensity the past month,
Speaker 5: the first case of cholera has been reported in years.
Speaker 5: As there again rations and medical supplies and access to food,
Speaker 5: it is becoming increasingly more difficult.
Speaker 2: Thank you Jamana for the time this morning. Jamana Bursecci,
Speaker 2: anchor of Bloomberg Horizons with us this morning from Dubai.
Speaker 2: Now we want to turn to the main market story
Speaker 2: of the morning, and earnings beat pretty much across the
Speaker 2: board for Netflix, the streaming giant added even more subscribers
Speaker 2: than analysts expected, beat every major metric in a quarter
Speaker 2: that still felt some of the after effects of last
Speaker 2: year's strikes in Hollywood. Joining us for more on that
Speaker 2: is Bloomberg's Critty Gupta Critty, good morning. I guess maybe
Speaker 2: we haven't reached peak Netflix just yet. Not quite.
Speaker 14: It's an interesting one this time around because it kind
Speaker 14: of feels like it's quality of these results, not quantity.
Speaker 14: And I'll tell you what I mean here in terms
Speaker 14: of these numbers. When we look at Netflix, we tend
Speaker 14: to go off subscriber numbers, and I think that might
Speaker 14: be the wrong approach this time five million subscribers added
Speaker 14: five point zero seven to be exact. Now, that is
Speaker 14: higher than the estimates, but if you compare that to
Speaker 14: a year ago, it was eight point seven to six million,
Speaker 14: So year over year that growth is actually slowing down.
Speaker 14: That being said, the kind of best part of these
Speaker 14: numbers is what's happening underneath the hood, and it's all
Speaker 14: about pricing power. Nathan, this is really interesting. We know
Speaker 14: the password crackdown has been a very big piece of it,
Speaker 14: and because there has been that crackdown, it's really spurred
Speaker 14: this new increase in subscriptions. But then you have to
Speaker 14: look abroad. So much of Netflix's numbers are also going
Speaker 14: to be coming from new subscribers, not within the United
Speaker 14: States but elsewhere. And as they capture them, charging them
Speaker 14: a higher rate of that subscription, and especially getting into
Speaker 14: those kind of different AD tiers, and that's where a
Speaker 14: lot of that growth is coming from.
Speaker 2: Interesting because there was a lot of thought that the
Speaker 2: AD tiers were going to lower pricing power. Does that
Speaker 2: mean that there is still growth potential in the ad
Speaker 2: side of Netflix's business.
Speaker 14: It kind of seems like it. I'll give you a
Speaker 14: stat here, So when you look at the six ninety
Speaker 14: nine dollars a month AD supported tier, it's largely in
Speaker 14: late twenty twenty two, but it looks like that's maybe
Speaker 14: where most of the growth is happening because half of
Speaker 14: their new subscribers is where the AD tier is sold.
Speaker 14: For the membership it rows thirty five percent within that
Speaker 14: tier itself. So that's a pretty big deal for the
Speaker 14: third quarter. And it kind of feels like people are
Speaker 14: willing at the end of the day to say, all right,
Speaker 14: we'll watch an AD as long as we don't have
Speaker 14: to pay those higher prices. But yet again, look at
Speaker 14: some of the markets that Netflix is adding those higher prices.
Speaker 14: It's Japan, it's Spain, it's Italy. A lot of the
Speaker 14: countries in the world where maybe there might be a
Speaker 14: turn and perception in terms of buying power. It's kind
Speaker 14: of interesting that Netflix is getting and early indicator of that.
Speaker 2: Does that raise the question then about whether growth has
Speaker 2: peaked in the US and could that be a big
Speaker 2: deal going down the line for Netflix.
Speaker 14: So in the US, it's a little bit different because
Speaker 14: it kind of feels like content is what's driving that story.
Speaker 14: I mean, Nathan, if you think we could have a
Speaker 14: whole conversation on what we're watching on Netflix at the moment,
Speaker 14: but we know that a couple of years ago, one
Speaker 14: of the big criticisms of these studios was simply this
Speaker 14: idea that the content isn't coming fast enough. We're binging
Speaker 14: and the studios are taking longer. The Hollywood strikes putting
Speaker 14: delays in people's favorite shows. But as long as you
Speaker 14: have that new pipeline, that seems to be where the
Speaker 14: US audience is more attracted simply because they're getting their
Speaker 14: hands on it. So, in addition to some of these
Speaker 14: kind of earning stories as well, the fact that they
Speaker 14: haven't been impeded as much as expected by those Hollywood strikes,
Speaker 14: that as a positive for the US audience.
Speaker 4: This is Bloomberg Daybreak, your morning podcast on the stories
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Speaker 2: And I'm Nathan Hager. Join us again tomorrow morning for
Speaker 2: all the news you need to start your day right
Speaker 2: here on Bloomberg Daybreak.
Speaker 4: The