Speaker 1: Bloomberg Audio Studios, Podcasts, radio news. Bloomberg Tech is live
Speaker 1: from coast to coast with Caroline Hyde in New York
Speaker 1: and Eva low In sent Francisco.
Speaker 2: Welcome to a special edition of Bloomberg Tech Live from
Speaker 2: Bloomberg screen Time in Los Angeles. Coming up this hour,
Speaker 2: we're going to bring you conversations with some of the
Speaker 2: biggest names in the entertainment industry.
Speaker 3: We'll we're speaking with top celebrities, ed with entrepreneurs, with
Speaker 3: leaders across this very much changing media landscape. And we
Speaker 3: first go to the talk of the town here at
Speaker 3: screen Time, of course, it was Jimmy Kimmel, the late
Speaker 3: night show host, sat down on Bloomberg's Luca Shaw and
Speaker 3: explained how he thinks his comments about the conservative activist
Speaker 3: Charlie Kirk were mischaracterized by the political right.
Speaker 4: Take a listen.
Speaker 5: I didn't think there was a big problem, I you know,
Speaker 5: I just saw it as distortion on the part of
Speaker 5: some of the right wing media networks.
Speaker 6: And I was I aimed to correct it.
Speaker 5: I have problems like all the time, and it's kind
Speaker 5: of funny because sometimes you think, oh, this is not
Speaker 5: a problem, and then it turns into a big problem.
Speaker 6: And then sometimes it goes the other.
Speaker 5: Way where you think like, oh, oh, this is gonna
Speaker 5: be a problem nobody really notices.
Speaker 7: And so at what point did you realize this was
Speaker 7: a problem?
Speaker 5: I think when when they pulled the show off the air, Well,
Speaker 5: that's unusual.
Speaker 7: Yeah, And what were the conversations that Data and bobbed
Speaker 7: that led to that.
Speaker 5: I hate to disappoint you, but they were really good conversations.
Speaker 6: I'm not as thinking any I mean, like really good
Speaker 6: conversations they are.
Speaker 5: These are people that I've known for a long time
Speaker 5: and who I like very much much, and who were
Speaker 5: you know, who wanted we all wanted this to work
Speaker 5: out best. And I will tell you like I mean,
Speaker 5: first of all, I ruined Dana's weekend. It was just
Speaker 5: NonStop phone calls all weekend. But I don't think what
Speaker 5: I don't think the result, which I think turned out
Speaker 5: to be very positive, would have been as positive if
Speaker 5: I hadn't talked to Dana as much as I did,
Speaker 5: because it helped me think everything through, and it helped
Speaker 5: me just kind of understand where everyone was coming from.
Speaker 5: I can sometimes be reactionary, I can sometimes be aggressive,
Speaker 5: and I could sometimes be unpleasant, and I think that
Speaker 5: it helped me. Really having those days to think about
Speaker 5: it was helpful.
Speaker 7: Okay, I have a dumb question about this as someone
Speaker 7: who is kind of reporting on it in real time
Speaker 7: trying to figure out what's happening. So the show goes
Speaker 7: up there, you have all these conversations and when you
Speaker 7: made it or when you made a decision put the
Speaker 7: show back on the air, as my understanding at the
Speaker 7: time was, it still wasn't exactly clear what you were
Speaker 7: going to say. They still hadn't resolved the issues at
Speaker 7: the affiliates. So what do you resolve in those conversations
Speaker 7: to know you're going back if you haven't figured out
Speaker 7: a lot of the things that come out of it.
Speaker 5: I think just the spirit of what I'm going to
Speaker 5: say rather than specifically what I was going to say,
Speaker 5: And I think that's something that we all agreed on,
Speaker 5: and I think that.
Speaker 6: Ultimately I wanted to kind of.
Speaker 5: Cover every base if I could, and sometimes you can
Speaker 5: do that and sometimes you can't do that. And it
Speaker 5: was something really that had to come from inside me.
Speaker 5: It had to be truthful, and I had to lay
Speaker 5: it all out there and just be honest about what
Speaker 5: I was feeling and what I'd experienced, and I think
Speaker 5: I did, and I think that it probably went about
Speaker 5: as well as it could go. I knew that it
Speaker 5: was wasn't going to be perfect, and there were always
Speaker 5: going to be people that didn't like it and didn't
Speaker 5: accept it. But the important thing to me was that
Speaker 5: I was able to explain what I was saying what
Speaker 5: I was trying to say.
Speaker 6: Because you felt like your.
Speaker 7: Initial comments had been mischaracterized, I didn't feel like it
Speaker 7: they were.
Speaker 5: It was intentionally and I think maliciously mischaracterized.
Speaker 2: Yeah, there was Jimmy Kimmel there with Bloombog screen time
Speaker 2: host Lucas Shaw, who joins us now this morning. The
Speaker 2: story around Jimmy Kimmel was one of the most read
Speaker 2: on the Bloomberg terminal and the website, and it's being
Speaker 2: shared across the industry. I think that's not that surprising, right, Lucas.
Speaker 2: The headline is really straightforward. He thought that the show
Speaker 2: was done, and in the course of what we just heard,
Speaker 2: he explained everything that happened in the days that followed
Speaker 2: being taken off air, confirming quite a lot of your reporting.
Speaker 2: I just invite you to take it from there, and
Speaker 2: the main takeaways from you from the conversation.
Speaker 7: Well, I guess I was a little surprised on retrospect,
Speaker 7: not shocked by how effusive his praise was for Disney,
Speaker 7: just because in the moment, my sense from people around
Speaker 7: him was that he was pretty pissed off at them, right,
Speaker 7: they had taken him off the air. You heard him say,
Speaker 7: I didn't think I did anything that wrong. My comments
Speaker 7: got sort of weaponized by right wing media, and yet
Speaker 7: he's had nothing but positive things to say about CEO
Speaker 7: Bob Bieger, about Entertainment CoA chair Dana Walden. He sort
Speaker 7: of somewhat endorsed Dana Walden to succeed Bob Biger, which
Speaker 7: you know, I don't know that he or Dana were
Speaker 7: expecting to happen last night. But this turn from what
Speaker 7: could have been a really sad, ugly episode in his
Speaker 7: career to something that has made him something.
Speaker 6: Of a hero.
Speaker 7: And so I you know, this was I guess a
Speaker 7: little bit of a victory lap for him, a.
Speaker 3: Victory lap, which then you get to the nitty gritty
Speaker 3: of numbers, because that's what Bloomberg and you're trying to
Speaker 3: present him that Ultimately, yes, he had record bump in
Speaker 3: terms of numbers, but the numbers.
Speaker 4: Haven't been great for late night television full stop.
Speaker 3: How did he navigate what he thinks is the revenue
Speaker 3: positive or negatives right now for him?
Speaker 7: Well, twofold one, he was like, look, there was a
Speaker 7: lot of reporting about how much his peer, Stephen Colbert's
Speaker 7: show was losing. He thinks that that's wrong. He knows
Speaker 7: how much money these shows cost to make. You know
Speaker 7: generally how much they bring in. I think he said
Speaker 7: last night it cost about one hundred twenty million dollars
Speaker 7: to do one of these shows. But he also said, look,
Speaker 7: if they were losing money, they got there. Stephen Colbert
Speaker 7: show is going off the air. We don't know the
Speaker 7: future of Kimmel's show. His contractor is up next year.
Speaker 7: I think most people assume that he'll be around for
Speaker 7: a little bit longer, and they don't want to At
Speaker 7: a minimum, they're not going to fire him in the
Speaker 7: same way that CBS did Colbert. But obviously, the big
Speaker 7: challenge for late night is that there's just so much
Speaker 7: more consumption happening online and you can't monetize it in
Speaker 7: the same way.
Speaker 2: That's so interesting like his insight into how the industry works, budgets,
Speaker 2: talent costs, losses or not losses, Lucas, that's kind of
Speaker 2: the point of the rest of the day. We have
Speaker 2: many very high profile speakers across entertainment and media generally,
Speaker 2: but just for you, what is your next big focus
Speaker 2: after last night?
Speaker 7: My first interview is David Allison, who I think is
Speaker 7: other than Kimmel, probably the biggest interview of the conference,
Speaker 7: just because he hasn't done a big interview since taking
Speaker 7: over Paramounts Guidance. He seems to be in the news
Speaker 7: every other day. He bought Barry Weiss's The Free Press.
Speaker 7: He may or may not be trying to buy Warner
Speaker 7: Brothers Discovery. We'll talk about both those things with him.
Speaker 3: And you've got Warner Brothers Discovery at the table as well.
Speaker 3: That's gonna be fascinating considering the conversation you have with
Speaker 3: Greg Peters acosio Netflix about how ultimately he's not after
Speaker 3: M and A WBD, That's gonna be a fascinating conversation.
Speaker 7: Yeah, the code shares of their movie studio. I'm sure
Speaker 7: that they will avoid talking about any big corporate matters
Speaker 7: and kind of refer that to their leadership, but look,
Speaker 7: they will be great to talk about the movie business with.
Speaker 7: They have been on a real hot streak with Sinners,
Speaker 7: with Minecraft, many other hits over the summer, Weapons and
Speaker 7: then the new Ppa movie which probably isn't a commercial
Speaker 7: hit but looks like an Oscar front runner.
Speaker 2: All right, Bloombe's Lucas Shaw, who's leading our coverage here
Speaker 2: at Bloomberg screen time in Los Angeles. Thank you very much.
Speaker 2: But actually here on Bloomberg Tech carry so much more.
Speaker 3: Coming up, we're going to be speaking with Catherine Meyer,
Speaker 3: nbr CEO. Look, public media faces threats, particularly under the
Speaker 3: Trump administration. Right now, what is the future of funding
Speaker 3: sick with us?
Speaker 4: This is blue bag tech.
Speaker 8: See, that's what happens when people get activated. People got
Speaker 8: activated and demanded did Jimmy Kimmel come back on the air?
Speaker 8: And I think that it was a great victory. So
Speaker 8: sometimes you know, when you're struggling and you're going through
Speaker 8: all these changes because of the madness in DC, it's
Speaker 8: important to realize when you do win, when you have victory,
Speaker 8: and I think Jimmy Kimmel being back on the air
Speaker 8: was a victory for all of.
Speaker 3: US Los Angeles mayor there Karen Bass, reacting to Jimmy
Speaker 3: Kimmel's return, of course, to the air after a brief
Speaker 3: suspension of what he described as a mischaracterization.
Speaker 4: Of his comments about Charlie Kirk.
Speaker 3: Meanwhile, look, public broadcasting as a whole is facing new challenges.
Speaker 4: Outlets PBS, NPR.
Speaker 3: For example, seeing their share in federal funding cut by
Speaker 3: Congress over the summer and raises questions about their future.
Speaker 3: The viability at the center of the debate is MPR
Speaker 3: CEO Katamah, who we're pleased to say not only has
Speaker 3: just been his joining us, having already been called before
Speaker 3: the Oversight Committee earlier this year.
Speaker 4: Kevin, how how do you navigate this time?
Speaker 3: How are you seeing the ability for MPR to thrive
Speaker 3: and drive forward?
Speaker 9: Well, there's certainly no roadmap for this moment in time.
Speaker 9: I think this represents a step change for all public broadcasting.
Speaker 9: It's not just here in the United States. We recognize
Speaker 9: that public broadcasters around the world are under increase scrutiny
Speaker 9: and pressure. The good news for us is that we
Speaker 9: have a viable model because we've built audiences over the
Speaker 9: fifty years we've been in existence, we have forty six
Speaker 9: million listeners a week, and so as we look to
Speaker 9: the future, we're looking at all, right, this is a change.
Speaker 9: It doesn't change our public service mandate, It doesn't change
Speaker 9: our mission and our obligation to the American public.
Speaker 10: It just probably will change how we have to do
Speaker 10: our work.
Speaker 3: When you say how you do your work, does it
Speaker 3: ultimately mean that you have to think about the resources that.
Speaker 4: You put to work there?
Speaker 3: Can you be as expansive in the coverage that you
Speaker 3: have in for so many years.
Speaker 9: It's a good question and something we're trying to figure out.
Speaker 9: NPR received traditionally about one percent of our budget directly
Speaker 9: from the federal government, but we have just one percent.
Speaker 10: But we have a network of.
Speaker 9: Around two hundred and fifty members stations which received as
Speaker 9: much as seventy percent in rural parts of the country,
Speaker 9: and so we're waiting to see what some of the
Speaker 9: fallout will be for those stations.
Speaker 10: We have projections.
Speaker 9: We're concerned about this, and we're looking at how we
Speaker 9: can buttress some of their work by cutting fees to
Speaker 9: them and thinking about how to make, you know, dollars
Speaker 9: stretch a little bit further to continue to serve local communities.
Speaker 2: Cavin, I think there would be a lot of value
Speaker 2: in you explaining the business model.
Speaker 10: It is amazing.
Speaker 2: Well, the reason I ask actually is in preparation for today,
Speaker 2: I suddenly stopped and looked at mprs following on social
Speaker 2: platforms for example. It's very very big. Yes, you know,
Speaker 2: how do I consume some MPR content like on YouTube
Speaker 2: for example, But that isn't necessarily a big, big income generator,
Speaker 2: view is that? Is that right?
Speaker 10: Right?
Speaker 5: So?
Speaker 9: I think people think of us as radio because that's
Speaker 9: our origin, but in fact, fifty percent of our listening
Speaker 9: comes from digital platforms. It comes through podcasts, it comes
Speaker 9: through YouTube, it actually comes through reading online. And you
Speaker 9: can see in our numbers that our demographics are actually
Speaker 9: very well distributed. We've been accused of being too liberal,
Speaker 9: but what I can tell you is that when we
Speaker 9: look at the audience data as to who comes to us,
Speaker 9: it's actually a very represent representative distribution of the American public.
Speaker 9: So fifty percent of what we're doing is for digital audiences,
Speaker 9: and fifty percent of what we're doing is for radio audiences.
Speaker 9: On the radio side, at these roughly two hundred and
Speaker 9: fifty members across the country. They serve ninety nine point
Speaker 9: seven percent of the American public, So in some ways
Speaker 9: we are one of the largest national networks. And we
Speaker 9: have three thousand local journalists around the country who then
Speaker 9: serve back into the network with stories that they're filing
Speaker 9: for their local communities and for their states.
Speaker 3: How does it make them feel when they're deemed to
Speaker 3: be too liberal.
Speaker 6: And how not good?
Speaker 10: Yeah, really not good.
Speaker 9: I mean, we have reporters who are covering tribal areas
Speaker 9: who are primarily focused on the issues of Native American communities.
Speaker 9: We have reporters in rural Alaska who are focusing on
Speaker 9: the issues that their communities face. Some of the issues
Speaker 9: around for example, fishing and access to access to the
Speaker 9: sorry the National Wildlife Preserve and what does that mean
Speaker 9: for economic opportunity for Alaskans. They're having nuanced conversations that
Speaker 9: represent the full spectrum of the American debate on any
Speaker 9: of these issues, and so to be called liberal or
Speaker 9: to be demeaned in that way is really a misrepresentation
Speaker 9: of the work that they do.
Speaker 4: Nuance is a great word, you mean more of it.
Speaker 9: Well, we try to make sure that we're hearing from
Speaker 9: all sides of the story in every story, and that
Speaker 9: means that we are representing sure, of course communities in
Speaker 9: California that perhaps have one point of view, but also
Speaker 9: communities in Indiana that have a different point of view.
Speaker 2: You know, we talked about this as a team, and
Speaker 2: one of our producers, Oie Thomas, brought up the idea
Speaker 2: that there is like the NPR strategy, and then there's
Speaker 2: what the local stations are doing on the politics side
Speaker 2: of things. You know, how are the local stations reacting,
Speaker 2: for example, if a lot of their listener base did
Speaker 2: vote for President Trump, you know, with what's going on,
Speaker 2: how are you factoring that in? But also, like in
Speaker 2: the business model, do you end up sort of also
Speaker 2: competing at the MPR level with the local station level
Speaker 2: because you're trying to pursue different subscribers things like that.
Speaker 10: Well, those are sort of two very different questions.
Speaker 9: I mean, we aim to serve the entire spectrum of
Speaker 9: American conversation, right, So, we had the White House Press
Speaker 9: Secretary on just last week speaking directly to the American
Speaker 9: public about the administrations thinking on the current government shutdown.
Speaker 9: We invite members of both parties on all the time.
Speaker 9: We invite independent voices on all the time. This is
Speaker 9: important to us, but it's not just our politics coverage.
Speaker 9: It's also coverage of American life all of the cultural
Speaker 9: aspects that make up our differences as well. And that
Speaker 9: is one of the flexibilities of local reporting is it
Speaker 9: means that our station in Utah can run stories about
Speaker 9: the local reaction to the Charlie Kirk assassination as well
Speaker 9: as contributing to our national coverage, so that Americans all
Speaker 9: across the country can hear from those perspects.
Speaker 2: What is the feedback from America from the American listeners
Speaker 2: about everything that's happened, Well.
Speaker 10: I mean on the news, of course.
Speaker 9: I think what we hear very consistently is that this
Speaker 9: is a concerning time. People dislike the amount of polarization.
Speaker 9: We do hear that our coverage and the way that
Speaker 9: we approach things tends to bring people closer to an
Speaker 9: understanding of their fellow Americans because we really do focus
Speaker 9: on finding the personal story. We'd like to say that
Speaker 9: everything that happens in America happens somewhere, and so we're
Speaker 9: always trying to find this somewhere that that that is happening,
Speaker 9: whether it's the implications of tariffs, or you know the
Speaker 9: conversation that's happening around for example, Jimmy Kimmel, who you
Speaker 9: were just recently referencing.
Speaker 3: Listeners are so loyal you turn to them for funding.
Speaker 3: Have you seen big billionaires, big donors wanting to step
Speaker 3: up into this moment.
Speaker 9: We have seen a outpouring of support, absolutely so. New
Speaker 9: Hampshire Public Radio, for example, raised a million dollars in
Speaker 9: response to the defunding efforts in over the course of
Speaker 9: a short period of weeks. We really appreciative of this,
Speaker 9: but that won't fill the gap for these rural communities
Speaker 9: that are already sizzy economically strapped. There's a reason they
Speaker 9: have been federally funded. We know that for sorry, we
Speaker 9: know that twenty percent of Americans live without local news.
Speaker 10: There's a reason for that.
Speaker 9: The market conngnitions don't allow it, and that's where public
Speaker 9: media has filled in the gap. So that still remains
Speaker 9: a challenge.
Speaker 10: We have seen a.
Speaker 9: Lot of support, of course, across the board for public radio.
Speaker 9: I think there were three million people who wrote into
Speaker 9: Congress to support the to support us at the time
Speaker 9: of defunding. But it won't be enough to fill the
Speaker 9: one hundred and twenty million dollar gap relative to the
Speaker 9: defending GUP.
Speaker 3: Your own background is so fascinating, having been for stint
Speaker 3: with the Web Summit, making huge, big events, and for
Speaker 3: a tech community, you're on the chair of the Signal Foundation.
Speaker 4: You're also been at Wikipedia.
Speaker 3: I'm interested as to how in this moment of belt tightening,
Speaker 3: your technological savvy comes into all of it.
Speaker 9: Well, I actually think that technology is an enormous advantage
Speaker 9: for the complex structure that you have. You asked me
Speaker 9: about the business model earlier, and I think it's a
Speaker 9: great lead into this. Right, there is a way in
Speaker 9: which we could be in competition all of these local
Speaker 9: stations seeking to now transform their work for a national audience.
Speaker 9: Technology actually offers us the place to bring all of
Speaker 9: that aggregate reporting together. And so if somebody is running
Speaker 9: a really great story here in LA about a local
Speaker 9: band that is about to go on tour, and I
Speaker 9: reference that because music is a big part of what
Speaker 9: we do at NPR, we now have the ability to
Speaker 9: serve that to any audience member anywhere across the country
Speaker 9: who might be interested in what that band is about
Speaker 9: to do. Right, we wouldn't have been able to do
Speaker 9: that in a previous era.
Speaker 10: But the ability of digital.
Speaker 9: Platforms, the affordances for us to serve audiences seamlessly.
Speaker 10: They don't think of us as.
Speaker 9: Our local station versus our local station. They think of
Speaker 9: us as one public media experience, and that's really what
Speaker 9: we're leaning into.
Speaker 2: So, Sweden, what are you going to do differently? What
Speaker 2: are in this environment? What are you going to change
Speaker 2: to bring in more money that you need?
Speaker 9: Well, certainly investing pretty heavily in the fundraising piece. I mean,
Speaker 9: I don't think that that's dissimilar from what we've seen
Speaker 9: in nonprofit news as a whole. We've seen tremendous success
Speaker 9: in the nonprofit news sector and building subscriptions and building memberships.
Speaker 9: That's an opportunity for us, and in fact, we've been
Speaker 9: doing it for a long time. We have millions and
Speaker 9: millions of loyal donors across the country. It's time to
Speaker 9: bring in the next generation. You mentioned I come from Wikipedia.
Speaker 9: We have a little experience in this right, So that's
Speaker 9: one piece of it. I also think that it's an
Speaker 9: opportunity for us to think about how we're doing our
Speaker 9: news gathering and news production more effectively, and so we
Speaker 9: have all these journalists across the country, what does it
Speaker 9: mean to do the national editorial planning where we're really
Speaker 9: thinking about how to elevate these conversations that are happening
Speaker 9: around the country into the national story. And then of
Speaker 9: course we have this great international and national reporting that
Speaker 9: we mean to now weave.
Speaker 6: Into the mix.
Speaker 2: KAFR mayor MPR CEO, thank you very much for being
Speaker 2: with us here at Blomberg screen Time. Meanwhile, Warner Music
Speaker 2: Group is said to be in close agreement with Netflix
Speaker 2: to create a slate of movies and documentaries based on
Speaker 2: the record labels catalog of artists and songs. That's according
Speaker 2: to sources. Here's what Warner Music Group CEO Robert Kilhle
Speaker 2: said about a potential deal.
Speaker 11: I cannot confirm anything, but but the you know, if
Speaker 11: you step back and think about this, it makes a lot.
Speaker 11: You know, our company has tremendous catalog Prince Madonna, Fleetwood,
Speaker 11: Mac and it's just it just goes on and on
Speaker 11: and on. The stories that we have are incredible and
Speaker 11: they haven't really been topped. It more like Marvel for music.
Speaker 11: I said, that's that's that's where we are and it
Speaker 11: will be unlocked, and so it makes a lot of
Speaker 11: sense for us to partner with a company that can
Speaker 11: bring it to life all around the world. And it's
Speaker 11: exciting both for as who are no longer with us,
Speaker 11: but we make their estates happy and satisfied, but also
Speaker 11: for X who are with us, who then can actually
Speaker 11: help bring young audiences to the streaming platforms.
Speaker 3: Robert Kinsil, Warner Music Group CEO. Then now coming up Netflix,
Speaker 3: it's doubling down on gaining expanning its availability beyond your
Speaker 3: phones and tablets. We're gonna have the Coco, Greg Peters,
Speaker 3: that's next. This is a blue bag tag.
Speaker 6: I think it's.
Speaker 12: It's hard for any brand that has a deep, you know,
Speaker 12: consumer sense of what are you're doing for me? Right,
Speaker 12: and then you're like, well, I'm going to do this
Speaker 12: as well, and you have. It takes a while to
Speaker 12: really build up that sense.
Speaker 6: Of what's happening.
Speaker 12: But it's not it's not that dissimilar to let's say,
Speaker 12: when we launched, you know, in a new country, like
Speaker 12: you know, you went to Japan, right, So when we
Speaker 12: started in Japan, two percent of the Japanese population had
Speaker 12: ever heard of Netflix, so nobody knew what nobody would
Speaker 12: nobody evenew our name much. Let's be able to tell
Speaker 12: you what we were doing. And we're doing pay TV
Speaker 12: service in a country that doesn't really have a great
Speaker 12: PayTV you know operation we're doing over the internet in
Speaker 12: a way, it was totally new, and so you you
Speaker 12: got to every day build a little bit of like
Speaker 12: what are we doing, who we are, what are we
Speaker 12: you know, how are we here to serve you? So
Speaker 12: that ten year journey, let's say, you know, just at
Speaker 12: the tenth universary in Japan. You know, tremendous progress over
Speaker 12: ten years, but it took us a long time. And
Speaker 12: I think you know, the gaming situation is not dissimilar
Speaker 12: to that.
Speaker 7: How much is it an impediment that for the most
Speaker 7: part now you can only play it on on your phone?
Speaker 12: Well, I would say, you know the phone is that
Speaker 12: what's great about it is it's a well developed gaming ecosystem, right,
Speaker 12: so you know, folks notifying games there. But it's also
Speaker 12: a highly competitive gaming ecosystem.
Speaker 6: So it's developed.
Speaker 12: This gives you both that upside and the downside. But
Speaker 12: what's exciting is that now we are moving beyond the
Speaker 12: phone to the TV. So I mentioned like one of
Speaker 12: the big game areas we're going after. One of the
Speaker 12: big gaming areas we're going after now is you know,
Speaker 12: social gaming experiences that will show up on your TV.
Speaker 12: So we are now announcing, we're announced here actually that
Speaker 12: we're going to have these social party games, a pack
Speaker 12: of social party games that you can play on your
Speaker 12: TV with your phone as the controller. And it's things
Speaker 12: like you know, recognizable games like Boggle. You got Pictionary,
Speaker 12: We've got a Lego party game, We've got Tetris, We've
Speaker 12: got like a Mafia style Who've done it? This is
Speaker 12: This is me and our CTO Elizabeth playing Boggle here,
Speaker 12: which is it's we're two very competitive people, so it
Speaker 12: got pretty ugly.
Speaker 6: Who I'm not going to say that means he lost?
Speaker 6: Oh does it? When she watched the video? My friend,
Speaker 6: you triggered my competitors.
Speaker 12: But this is again, this is you know, so it's
Speaker 12: your phone, which is an incredible device, and there's all
Speaker 12: sorts of things that you're going to be able to
Speaker 12: do on your phone that you can't do on a
Speaker 12: normal controller, like touchscreen. And this is us basically picking
Speaker 12: our words on that, and it's you know, it's dead
Speaker 12: simple to use it's intuitive, and then this is you know,
Speaker 12: us on the earliest days of how we actually can
Speaker 12: use that and if we you know, basically are going
Speaker 12: to like unleash this with a bunch of creators and
Speaker 12: they're going to go figure out stuff that we didn't
Speaker 12: even imagine that they can do with that interactivity.
Speaker 2: That was Netflix co CEO Greg peters Key conversations Coming
Speaker 2: up Gaming with Twitch CEO Dan Clancy, Unice Lee of
Speaker 2: Scope Ly. One of the top streamers out there is
Speaker 2: Poke Maine. So much more from Los Angeles and Bloomberg
Speaker 2: screen Time. This is Bloomberg Tech. Welcome back to a
Speaker 2: special edition of Bloomberg Tech. We're live from Bloomberg screen
Speaker 2: Time in Los Angeles. Amazon streaming platform Twitch is growing
Speaker 2: online stars by the minute. It's averaging more than one
Speaker 2: hundred and five million monthly visitors globally. And here to
Speaker 2: discuss the current state but also the future state of
Speaker 2: the live streaming business model is Twitch CEO Dan Clancy.
Speaker 13: Thank you for having me.
Speaker 6: It's great to be here.
Speaker 2: So Twitch is such an interesting thing, an entity. There
Speaker 2: are loads of people out there that aren't familiar with it,
Speaker 2: and actually, I thought the most sensible place to start
Speaker 2: is like, can you just explain what Twitch is, how
Speaker 2: it works.
Speaker 13: Hopefully for those so simple space. Twitch the live streaming
Speaker 13: platform where people go live. Okay, and so if you
Speaker 13: say it's a live version of YouTube or something like that.
Speaker 13: But the thing that really makes Twitch unique in the
Speaker 13: kind of a need that it meets in people is
Speaker 13: as human beings, we are all yearning for community. And
Speaker 13: what happens on Twitch is people go live and they
Speaker 13: basically share their lives. They let people into their living room,
Speaker 13: They go out in the world, and they explore, they gain,
Speaker 13: and then what they do is very authentically engage with
Speaker 13: those people that are watching. And since people spend a
Speaker 13: fair amount of time watching these people, a community forms
Speaker 13: between the folks that are watching, and I think that
Speaker 13: is really the magic of Twitch and which distinguishes Twitch
Speaker 13: from many other platforms that have live streaming. The phrase
Speaker 13: I use is we're community centric live streaming because people
Speaker 13: find a place where they belong.
Speaker 2: So the simple origin was like people would be playing
Speaker 2: video games in simple terms, and they would be filming
Speaker 2: and streaming themselves playing this game, sometimes with others. But
Speaker 2: it's kind of evolved into a much broader set of content,
Speaker 2: IRL or just chatting is the things that you know
Speaker 2: I'm following on the platform. Is there a still a
Speaker 2: heavy proportion of activity that's gaming related or is it
Speaker 2: now much more diverse?
Speaker 6: Well, it's very diverse.
Speaker 13: And the interesting story is even before Twitch, Twitch started
Speaker 13: as justin TV, and in justin TV it was life casting,
Speaker 13: so in fact it wasn't about gaming, okay, and then
Speaker 13: Twitch life life casting is what they called it back then,
Speaker 13: where you were just casting your life, and then Twitch
Speaker 13: pivoted and focused on gaming and that's when it really
Speaker 13: took off. And now it's kind of come full circle
Speaker 13: because while gaming is still a big part of Twitch
Speaker 13: and will always be a big part of Twitch, more
Speaker 13: and more creators are out there just doing all sorts
Speaker 13: of things you said, IRL, which is in real life,
Speaker 13: which means you go out on the streets, you go
Speaker 13: climbing a mountain.
Speaker 2: I've watched you stream from a water slide in a doughnut.
Speaker 2: Yes necessary ver.
Speaker 6: Ir, that's IRL. It's in real life.
Speaker 3: DJ Cancy, I think is who you're streaming as I'm
Speaker 3: interested though it does such a great job on the
Speaker 3: show reminding us of the sheer scale in the power
Speaker 3: of numbers of gaming.
Speaker 4: When we think about big.
Speaker 3: Movie hits, it pales into comparison.
Speaker 4: Of the amount of money face versus video games.
Speaker 3: What amazes me is how much the content creators are
Speaker 3: winning in terms of content. They are getting one hundred
Speaker 3: million dollar contracts to jump from you to Kick, or
Speaker 3: from Kick to you or to YouTube more than Lebron
Speaker 3: James's earning. Can you go to actually who your competition
Speaker 3: therefore is and how you fight for that content in
Speaker 3: this moment?
Speaker 13: Yeah, the way I look at it asally, we're fairly
Speaker 13: unique in this space, and I don't focus on the
Speaker 13: competition because as a live streaming platform at our scale,
Speaker 13: they're smaller ones. But you know, really, when we think
Speaker 13: of the social media space, you have YouTube, you have TikTok,
Speaker 13: you have Instagram, but Twitch is really the only one
Speaker 13: that solely focuses on this community centric live streaming experience.
Speaker 13: And the way I describe it sometimes is we actually
Speaker 13: are a long form platform and that people sit there
Speaker 13: and watch for one hour two hours. So in that sense,
Speaker 13: we're like Prime Video and Netflix, but we're social, so
Speaker 13: we're sort of right in the middle of what i'll
Speaker 13: call the streaming platforms and the social media platforms were
Speaker 13: really long form social media playfe you're.
Speaker 3: Also, dare I say, right in the middle of the
Speaker 3: culture wars, and I'm just really interested as to how
Speaker 3: you navigate that in leadership when people are bringing them
Speaker 3: into their homes in a more intimate setting and feel
Speaker 3: that they can share anything that they feel, but that
Speaker 3: then can blow up in many different ways.
Speaker 13: Yeah, So, first of all, it's very important that we
Speaker 13: take it very seriously in terms of having a set
Speaker 13: of guidelines and it's appropriate on Twitch and what's not,
Speaker 13: And so we spend a lot of time thinking about
Speaker 13: that and letting our creators do what they need to
Speaker 13: do to protect themselves.
Speaker 4: And you kick them off too if we take them
Speaker 4: off if.
Speaker 13: They're not adhering to them. That's really important for our platform.
Speaker 13: But really what it is is that's just one of
Speaker 13: the things you have to deal with if you want
Speaker 13: to get that authenticity. Because this key difference between Twitch
Speaker 13: and many other short form platforms. If you're just making
Speaker 13: a short clip, you can put on a mask. When
Speaker 13: you're live streaming, you can't put on a mask. And
Speaker 13: one thing that's been leading a lot of celebrities, entertainers
Speaker 13: athletes influence all sorts of people now to live streaming
Speaker 13: is they want that authentic, honest connection with their fans
Speaker 13: and turn those fans into community.
Speaker 2: Dan, sorry to interrupt him. Let's bring up the Gavin
Speaker 2: Newsom session then and just play a little bit of
Speaker 2: it if we can. There's some sound associated with it, Dan,
Speaker 2: But in very simple terms, Gavin Newsome went on the.
Speaker 6: Twitch ocasion and not providing due process.
Speaker 2: Went on the Twitch platform. And my understanding is that
Speaker 2: you know, he was engaging with one of his children's
Speaker 2: favorite content creators, that that's the governor of California using
Speaker 2: Twitch to communicate. Just explain how you feel about that.
Speaker 13: Yeah, the way I think of it, what he's doing
Speaker 13: is he's he's just authentically interacting with you know, those
Speaker 13: people that may have an interest in him, Right, And
Speaker 13: I do that myself. I stream and have a great
Speaker 13: time doing it. And when you do it, you realize
Speaker 13: there's like there's something really special about having that impact
Speaker 13: on people and having that feedback, that visceral feeling of
Speaker 13: you know, when I when I stream, I'll play the
Speaker 13: piano and sing and they'll say, oh, I love that song,
Speaker 13: and it really kind of makes it's very different than
Speaker 13: just looking at metrics like you do on other social media.
Speaker 2: You've been really clear there are guidelines for the content creators,
Speaker 2: there are guidelines for the viewers in how they interact.
Speaker 2: But Twitch is one of a number of platforms that
Speaker 2: is caught up in a wider discussion about people that
Speaker 2: want to talk politics or even in the context of radicalization.
Speaker 2: Just give us your sort of blanket policy and approach
Speaker 2: to managing that environment on the Twitch platform, please, because
Speaker 2: DC is paying attention not just to Twitch. I get that,
Speaker 2: but it is important.
Speaker 13: Well, let'shol I'd say, like, first of all, our policy
Speaker 13: is you know, you could freely express your views. It's
Speaker 13: how you say it that's important. That you should not
Speaker 13: be attacking and hate and harassment is not allowed on
Speaker 13: our platform, and we're very clear about that. But we
Speaker 13: understand that people are going to.
Speaker 2: Expect super quick who adjudicates that.
Speaker 13: We have both automated techniques and we have a large
Speaker 13: group of people that work when or something's reported to
Speaker 13: then analyze it and see if you could hear star
Speaker 13: our community guidelines, and then if there's a violation, we
Speaker 13: take an enforcement action.
Speaker 3: What's so great as you two are going to be
Speaker 3: on stage together a little bit later. Twitch CEO Dan Clancy,
Speaker 3: We so thank you for your time with us on
Speaker 3: the show as well. Now coming up, we're going to
Speaker 3: be speaking with Scopely COO Unis Lee about the growth
Speaker 3: and competition in the mobile gaming industry.
Speaker 4: It's a bloomberg tech in the realm of mobile gaming.
Speaker 3: There are a few key players increasingly dominating the space.
Speaker 4: One of those is Scopey.
Speaker 3: It's the publisher behind Marvel Strikeforce, Yacht See with Buddies,
Speaker 3: Pokemon Goo, my kid's favorite. Scope Ye Chief operating Officer
Speaker 3: Unis Lee joins us now and we see.
Speaker 4: That ip and it stands out.
Speaker 3: So much units competition is really building. How do you
Speaker 3: see that as a really helping you focus on the
Speaker 3: business scale the business, but also drive off those competitives.
Speaker 14: Sure, I mean it's always great to have competition because
Speaker 14: it only fuels that drive to innovate and to exceed expectations.
Speaker 14: For us, we welcome all of it. I think Scopely
Speaker 14: in particular is always focused on a community first approach,
Speaker 14: and so the games that we're building, we think about
Speaker 14: how are we creating these highly social, engaging experiences, And
Speaker 14: I think that's what sets us apart ultimately, because we
Speaker 14: always start from that core premise and.
Speaker 3: That highly social engagement drives revenue. I'm assuming just talk
Speaker 3: us through the business model.
Speaker 14: Sure, I mean it's pretty astounding. Last year we achieved
Speaker 14: over ten billion dollars in lifetime revenue.
Speaker 10: We're really excited about that.
Speaker 14: We have five hundred million plus daily active users touching
Speaker 14: our games in the last twelve months. There's just amazing
Speaker 14: things happening, and we're so about adding Pokemon Go to
Speaker 14: our stable or amazing portfolio of games. They continue to
Speaker 14: grow and reach new players every day, and so yeah,
Speaker 14: it's pretty amazing.
Speaker 2: Unis HERI blombog screen time. There's been a lot of
Speaker 2: industry news. I wondered if we could run through some
Speaker 2: of it. So like last night, Netflix to me basically
Speaker 2: demoed a technology that costs a mobile game from your
Speaker 2: phone to your TV screen. As a hardcore gamer in
Speaker 2: many different domains and formats, wasn't blown away by that?
Speaker 2: What do you make of that concept and idea. I mean,
Speaker 2: it's a mobile game cost to the television.
Speaker 14: I'm also a hardcore gamer, so I feel you. I think,
Speaker 14: at the end of the day, we're trying to create
Speaker 14: again highly social, engaging experiences, and for our scope, Lee,
Speaker 14: it's about trying to be on the different mediums where
Speaker 14: our players want to be, and even bringing our community
Speaker 14: together in real life as we have with the Go Fest,
Speaker 14: which is for Pokemon Go community. For us, we're just look,
Speaker 14: we're going to always keep an eye on where people
Speaker 14: are playing, how they want to engage with our content,
Speaker 14: and try to serve that up to our community.
Speaker 2: The industry has seen seismic shifts in the last two years.
Speaker 2: I think that's a completely fair statement. You have some
Speaker 2: financial relationship with this with Saudi through various you know,
Speaker 2: investments that they've made. The biggest, most recent use is
Speaker 2: the take private of Electronic Arts. My question is very simple.
Speaker 2: Have you had discussions about cooperating with EA? You know,
Speaker 2: you are very strong and mobile gaming. EA is not
Speaker 2: so strong in mobile gaming.
Speaker 14: Are We have so much respect for what EA has
Speaker 14: been able to do and the amazing you know, brands
Speaker 14: and ips that they've built, so we have we've come
Speaker 14: from that place first. Right now, we're not in specific discussions,
Speaker 14: but post deal, if those opportunities arrive, we're definitely open
Speaker 14: to discussions.
Speaker 3: For sure, and we think about ultimately where you've come
Speaker 3: from the fact that you you were busy over an
Speaker 3: activision with Call of Duty.
Speaker 4: You are someone who calls yourself a hardcore gamer.
Speaker 3: Where do you think the balance shifts in terms of
Speaker 3: mobile versus console?
Speaker 4: How do you see that continuing to evolve?
Speaker 14: Honestly, I think our community, our players want to access
Speaker 14: our content in different ways and it's not this huge
Speaker 14: battle so much. But again, as I mentioned earlier, it's
Speaker 14: about serving our community where they want to engage with
Speaker 14: our content, where they want to play, and I think
Speaker 14: there's a place for all of it. We are also
Speaker 14: we have several things which you can't talk about that
Speaker 14: in development that are a cross platform in across platforms
Speaker 14: you may not expect from scopeing.
Speaker 3: Okay, keep us tuned on that respect, but we can
Speaker 3: go global with you because you're.
Speaker 4: A woman who is international, very core.
Speaker 3: You've spin in London, you studied in Asia, and I'm
Speaker 3: thinking about how things change from global aera to global
Speaker 3: Pokemon go inherently for us a very Japanese bit of
Speaker 3: IP that has become a typular global phenomenon.
Speaker 14: Yes, absolutely, I mean for us again, it's there's a
Speaker 14: whole wide world to appeal to. And what the of
Speaker 14: games is that it brings these folks together across the globe.
Speaker 14: It transcends geographies, cultures, and that's super exciting for us.
Speaker 14: And that's that social connection part that we want to
Speaker 14: continue to promote and continue to see.
Speaker 2: So we're talking about this thing right, the mobile, right
Speaker 2: and gaming is one thing I can do on my
Speaker 2: mobile phone. Do you guys consider your rivals to be TikTok?
Speaker 2: Literally this is Bloomberg screen time? You know, how do
Speaker 2: you assess a marketplace where the competition for rivals isn't
Speaker 2: necessarily in the time spent on gaming?
Speaker 14: Yeah, I mean I think the gaming space itself is
Speaker 14: so fast moving and evolves very quickly. So wherever Eyeball's
Speaker 14: intention is again, wherever our players are fans, because they're
Speaker 14: looking at IP through various mediums, So being conscious of
Speaker 14: that it's not just through the game. There's different ways
Speaker 14: of the IP coming to life, so us staying on
Speaker 14: top of that is super important at scopely, again, how
Speaker 14: do we connect with the community they want to Mobiles
Speaker 14: one of the you know, most tactile and easiest ways
Speaker 14: to do so, but it's something that is always on
Speaker 14: our minds roadblocks.
Speaker 2: C dem Zuki told us very recently that sometimes on
Speaker 2: a Friday night their servers melts because of all the
Speaker 2: condensed activity in the mobile gaming domain. Do you ever
Speaker 2: come across like flash moments like that where the world
Speaker 2: is just playing at the same time.
Speaker 14: I mean, we have so many people engaging daily, hourly
Speaker 14: with our products because of their deep love of these ips.
Speaker 14: Star Trek Sleet Command is a great example. Yes, seventy
Speaker 14: five percent of our players of that game, they are
Speaker 14: touching it every single day, every single day, and in meaningful.
Speaker 10: Amount of time.
Speaker 4: I mean to know, it's for your business.
Speaker 10: I think for Star.
Speaker 14: Trek fans, it's like amazing to be able to be
Speaker 14: in that universe, and those are hardcore fans that that
Speaker 14: ip attracts real loyalty, and so our ability to do that,
Speaker 14: you know, for that community is pretty special.
Speaker 2: How many years has it been since I've done like
Speaker 2: that on television, Unice Chief, I have remember I did
Speaker 2: do it once in Well let's leave it. Unis, lead
Speaker 2: chief operating officer at Scopeia. It's great to have you
Speaker 2: on Bloombo Tech. Thank you so much. Okay, coming up,
Speaker 2: we're going to speak with one of Twitch's leading streamers,
Speaker 2: Pokemone talk to us about the business of contact creation.
Speaker 2: That's next. This is a seriously big one. This is
Speaker 2: Bloomberg Tech. So Hollywood's typically focused on the people in
Speaker 2: front of the camera, but today increasingly we're talking about streamers,
Speaker 2: people like yumain anis more commonly known as Pokemon. She's
Speaker 2: one of the most popular streamers on Twitch, with nearly
Speaker 2: ten million dedicated followers and another twenty million across other platforms.
Speaker 2: We're talking YouTube, x, Facebook, Insta and delighted to say
Speaker 2: that Poke joins us. Now we've been talking in some weeks.
Speaker 2: It's great to finally have you on Bloomberg Tech.
Speaker 10: Like, guys, now, bear with.
Speaker 2: Me on this one. But let's just start by asking
Speaker 2: what is your day job? How would you describe what
Speaker 2: it is that you.
Speaker 15: Do in technical terms? I'm a content creator. How I
Speaker 15: might want to describe it is just I love sharing
Speaker 15: my life online. I love to entertain people. I love
Speaker 15: to make people happy about it.
Speaker 2: I'd say it started with video games on Twitch, like
Speaker 2: quite a long time ago. You've got a long history
Speaker 2: with Twitch, I sure do.
Speaker 10: Twenty thirteen, twenty.
Speaker 2: Thirteen and like, and that's something we share in common.
Speaker 2: You know some of the titles in particular, but we
Speaker 2: just had Dan Clancy on the program earlier. For you
Speaker 2: in particular, it is expanded to IRL and just chatting.
Speaker 2: Is there a moment where that happened? It moved beyond
Speaker 2: video games?
Speaker 15: I would say, interestingly enough, when I first started streaming,
Speaker 15: you weren't even allowed to stream IRL or just chatting.
Speaker 15: It was just games, right, anything else you might get
Speaker 15: banned for a few days. And so as the platform
Speaker 15: started not only allowing but supporting different types of content,
Speaker 15: I of course only wanted to try out those different things.
Speaker 15: And I also love how it allowed me to showcase
Speaker 15: different parts of my life. Now instead of traveling and
Speaker 15: feeling like, oh, I can't do my job, I can't game,
Speaker 15: I can't speak to my community, I could travel and
Speaker 15: stream myself in those different countries. So as both the
Speaker 15: platform changed and what the audiences like and enjoy changed,
Speaker 15: I followed in and I was able to explore so
Speaker 15: many different types of content.
Speaker 3: And then we've seen you go to crew, We've seen
Speaker 3: you go to around the world. But what's so interesting, Pokey,
Speaker 3: is that your demographic must have broadened from League of
Speaker 3: Legends out to.
Speaker 4: Now wanting to see you horse ride talking about some
Speaker 4: of your health stories.
Speaker 3: How can you break down the demographics and who it
Speaker 3: is in your community?
Speaker 4: Absolutely?
Speaker 15: What I find the most interesting is that it entirely
Speaker 15: depends on the piece of content and the platform. So
Speaker 15: on Twitch, of course, the platform itself is maybe majority men,
Speaker 15: sometimes younger depending on the game or what you're streaming,
Speaker 15: But onto talk, a lot of my videos are like
Speaker 15: majority female. I do get readies with me, makeup halls,
Speaker 15: all sorts of different things, and I really adore that
Speaker 15: because it allows me to really tap into and share
Speaker 15: all the different facets of my hobbies and what.
Speaker 4: I like to do.
Speaker 3: And you do share your community, your friends, they appear
Speaker 3: with you.
Speaker 4: There's also the perhaps your brother who doesn't pay so
Speaker 4: much on screen and you're here in LA.
Speaker 3: There are safety concerns, whether it's in real life or
Speaker 3: whether it's online as well.
Speaker 4: How do you think about that, navigated?
Speaker 15: Oh my, it really depends on the exact safety concern
Speaker 15: and what aspect it brings. So there's online safety and
Speaker 15: there's also in person safety. So what you said earlier
Speaker 15: about IRL streaming, I typically don't IRL stream in LA
Speaker 15: unless I have security with me, Otherwise I feel a
Speaker 15: little bit better streaming IRL in other countries. When it
Speaker 15: comes to moderation online, oh it's been a trial and
Speaker 15: and error kind of situation learning how to moderate my platforms,
Speaker 15: how to feel safe online, how to make sure my
Speaker 15: community feel safe.
Speaker 4: So it's really a lot.
Speaker 7: Of different things.
Speaker 2: Pochi is part of the IRL and just chatting content.
Speaker 2: Sometimes you have discussed things that are more political or
Speaker 2: societal issues. How do you choose those that you want
Speaker 2: to weigh in on? And then the safety piece you
Speaker 2: just explained how you factor that in.
Speaker 15: I would say my priority for starters is of course
Speaker 15: speaking to my direct experiences and how I know those
Speaker 15: things affect others. For example, the safety issues that I
Speaker 15: face online. I'm not the only one, and it's not
Speaker 15: just creators. Any woman, any girl, frankly, any person online
Speaker 15: can be victim to those same safety issues. So I
Speaker 15: love to be a spokesperson for the things that I
Speaker 15: have direct experience and knowledge in. And then secondly for
Speaker 15: me political topics, what I really feel passionate speaking out
Speaker 15: about is simply just human rights, respecting other people what
Speaker 15: their rights should be in regards to the things that
Speaker 15: they can say, that they can experience, that they can share.
Speaker 4: I feel like that's.
Speaker 15: What I feel comfortable talking about. And so aside from that, luckily,
Speaker 15: the safety aspects that I have in place right now
Speaker 15: allow me to feel comfortable discussing anything.
Speaker 2: Hook you've made a career of this, would you please
Speaker 2: explain to our Bloomberg Tech audience. You know how it works,
Speaker 2: how you make money with respect if you're able to,
Speaker 2: Like you've also set up a talent agency for content creators.
Speaker 2: You know how big a piece is that for you?
Speaker 2: Is it different Twitch versus Instagram for example?
Speaker 15: So your streams of income do differ greatly depending on
Speaker 15: the platform. I would say the unique thing about Twitch
Speaker 15: is that there's a subscription model, which means, as opposed
Speaker 15: to YouTube, where you can subscribe to someone for free
Speaker 15: and you're essentially just following them like you follow someone
Speaker 15: on Instagram. For Twitch, when you subscribe, you're sending them
Speaker 15: five dollars every month. It's a monthly subscription that also
Speaker 15: generates income. But for me, the large, large, large majority
Speaker 15: of my career income has come just from sponsorships and contracts,
Speaker 15: and then probably the second largest piece has come from
Speaker 15: this misadventures, and then the third largest piece might be subscriptions.
Speaker 15: So I'd say that's the unique piece that most people
Speaker 15: don't know about Twitch, but for ig and most other platforms,
Speaker 15: it's primarily ads and sponsors.
Speaker 3: We could talk to you for so much longer, and
Speaker 3: I'm very pleased that it's going to.
Speaker 4: Be on stage with you.
Speaker 3: Imman Ais also known as Poke Main were so pleased
Speaker 3: that she joined the show, and what a show it
Speaker 3: has been because that does it for this edition of
Speaker 3: Bloomberg Tech. But the story doesn't stop. There are so
Speaker 3: many people going to be on stage. I've got the
Speaker 3: Foster sisters, You've got a.
Speaker 2: Great Poke and Dan from Clancy, Like I want to
Speaker 2: understand the content creator economy so much more because as
Speaker 2: we just heard, it's so different. And then tomorrow we
Speaker 2: do not miss this. We're going all in on defense technology.
Speaker 2: We will speak with the leaders of Anderill, Talenteer, and
Speaker 2: many other leaders in defense tech from Anderil Tech quarters
Speaker 2: right here in California. You don't want to miss it.
Speaker 2: There is a lot to recap from the last hour.
Speaker 2: Check out the pod. Loads of you are listening to it.
Speaker 2: It's super grateful for the feedback we've had listen on Apple, Spotify,
Speaker 2: iHeart and the Bloomberg platforms. Caro, take us out.
Speaker 3: I mean, what an amazing array we can do right
Speaker 3: here in Los Angeles, in the world a content creation,
Speaker 3: to the world of defense tech.
Speaker 4: There's a lot to be had.
Speaker 2: Yeah, this is Los Angeles and Bloomberg screen time. This
Speaker 2: is Bloomberg Tech