1 00:00:08,480 --> 00:00:11,240 Speaker 1: Welcome to Daily Variety, your daily dose of news and 2 00:00:11,240 --> 00:00:16,000 Speaker 1: analysis for entertainment industry insiders. It's Thursday, July thirty, first, 3 00:00:16,040 --> 00:00:19,440 Speaker 1: twenty twenty five. I'm your host, Cynthia Littleton. I am 4 00:00:19,480 --> 00:00:23,320 Speaker 1: co editor in chief of Variety alongside Ramin Setuda. I'm 5 00:00:23,320 --> 00:00:25,960 Speaker 1: in LA He's in New York, and Variety has reporters 6 00:00:26,000 --> 00:00:30,040 Speaker 1: around the world covering the business of entertainment. In today's episode, 7 00:00:30,120 --> 00:00:33,440 Speaker 1: we'll talk with Tatiana Siegel about her profile of the 8 00:00:33,520 --> 00:00:36,880 Speaker 1: actor who has spent more time in Superman's blue tights 9 00:00:36,920 --> 00:00:41,000 Speaker 1: than any other. Dean Kine and Brian Steinberg gives us 10 00:00:41,000 --> 00:00:44,640 Speaker 1: an update on where upfront advertising sales stand for the 11 00:00:44,680 --> 00:00:49,000 Speaker 1: major conglomerates. The biggest draw for blurb buyers, according to Brian, 12 00:00:49,479 --> 00:00:52,959 Speaker 1: is sports, sports, and more sports. But before we get 13 00:00:52,960 --> 00:00:55,120 Speaker 1: to that, here are a few headlines just in this 14 00:00:55,240 --> 00:00:59,240 Speaker 1: morning that you need to know. Comcast's second quarter results 15 00:00:59,280 --> 00:01:03,240 Speaker 1: reflected the sun in advertising and the drip drip drip 16 00:01:03,600 --> 00:01:04,480 Speaker 1: of cord cutting. 17 00:01:05,160 --> 00:01:05,520 Speaker 2: Profit. 18 00:01:05,680 --> 00:01:07,959 Speaker 1: However, got a boost from the four hundred and forty 19 00:01:08,000 --> 00:01:11,120 Speaker 1: million dollar check that Disney wrote to Comcast earlier this 20 00:01:11,240 --> 00:01:14,800 Speaker 1: year to complete the buy out of Hulu. Wednesday had 21 00:01:14,840 --> 00:01:17,640 Speaker 1: to be a rough day at Warner Brothers. The studio 22 00:01:17,720 --> 00:01:20,280 Speaker 1: laid off fifty two people in the motion picture group. 23 00:01:20,840 --> 00:01:24,640 Speaker 1: Most of the cuts came in marketing, production, strategy, operations, 24 00:01:24,720 --> 00:01:29,759 Speaker 1: and the Theater Ventures division. Netflix renewed animated comedy Long 25 00:01:29,840 --> 00:01:33,240 Speaker 1: Story Short for season two. They must be high on 26 00:01:33,280 --> 00:01:35,959 Speaker 1: the show, given that season one doesn't premiere until August 27 00:01:36,000 --> 00:01:40,640 Speaker 1: twenty second. It's from BoJack Horseman creator Rafael Bob Waksburg. 28 00:01:43,319 --> 00:01:46,679 Speaker 1: Now we turn to conversations with Variety journalists about news 29 00:01:46,680 --> 00:01:50,640 Speaker 1: and trends in show business. Next up, Tatiana Siegeal, Variety's 30 00:01:50,680 --> 00:01:54,360 Speaker 1: executive editor of Film and Media, details her profile of 31 00:01:54,440 --> 00:01:57,600 Speaker 1: Dean Kine and why she wanted to talk with the 32 00:01:57,640 --> 00:02:01,920 Speaker 1: Trump loving star of Lois and Clark. Tatiana Siegel, thank 33 00:02:01,960 --> 00:02:03,960 Speaker 1: you so much for joining me today on a hot 34 00:02:04,040 --> 00:02:04,960 Speaker 1: day in New York City. 35 00:02:05,320 --> 00:02:06,360 Speaker 3: Pleasure to be here. 36 00:02:06,880 --> 00:02:09,720 Speaker 1: Tatiana, you have a really compelling profile in this week's 37 00:02:09,720 --> 00:02:13,120 Speaker 1: issue on actor Dean kan What sparked your interest in 38 00:02:13,240 --> 00:02:14,200 Speaker 1: checking in with him? 39 00:02:14,280 --> 00:02:14,600 Speaker 2: Now? 40 00:02:15,320 --> 00:02:19,680 Speaker 3: Basically, Superman is in the zeitgeist right now this summer. 41 00:02:20,320 --> 00:02:24,320 Speaker 3: It's the summer of Superman, and only eight actors have 42 00:02:24,400 --> 00:02:28,040 Speaker 3: appeared as the Man of Steel over the years in 43 00:02:28,160 --> 00:02:32,040 Speaker 3: live action films and TV series. So I did a 44 00:02:32,080 --> 00:02:37,480 Speaker 3: little research and I said, well, Dean Kane actually has 45 00:02:37,760 --> 00:02:42,440 Speaker 3: probably been in the suit more than anyone else, with 46 00:02:42,520 --> 00:02:47,120 Speaker 3: the exception of Tom Welling, who starred in Smallville and 47 00:02:47,160 --> 00:02:52,320 Speaker 3: that ran for ten seasons. The original Superman George Reeves, 48 00:02:52,400 --> 00:02:56,359 Speaker 3: he was in slightly more episodes than Dean Kin. I 49 00:02:56,400 --> 00:02:58,639 Speaker 3: think it was one hundred and four to eighty seven, 50 00:02:59,200 --> 00:03:03,600 Speaker 3: but Dean Kane means Lois and Clark ran for forty 51 00:03:03,680 --> 00:03:08,360 Speaker 3: six minutes versus thirty minutes for the George Reeds Superman. 52 00:03:08,520 --> 00:03:12,240 Speaker 3: So I thought to myself, this is somebody who is 53 00:03:12,560 --> 00:03:17,080 Speaker 3: clearly vocal about his politics as a Trump supporter, and 54 00:03:18,320 --> 00:03:22,880 Speaker 3: also has this deep knowledge of the character. He might 55 00:03:22,919 --> 00:03:24,280 Speaker 3: make a really good interview. 56 00:03:25,080 --> 00:03:28,560 Speaker 4: Okay, Los, Okay, I've been rehearsing this for months. 57 00:03:28,639 --> 00:03:29,799 Speaker 2: Let's see if I can get it right. 58 00:03:31,160 --> 00:03:34,840 Speaker 4: I know this is a shock, and I wanted to 59 00:03:34,840 --> 00:03:37,520 Speaker 4: be the one to tell you so that you could 60 00:03:37,640 --> 00:03:40,520 Speaker 4: understand how hard this has been for me, how I've 61 00:03:42,000 --> 00:03:47,080 Speaker 4: carried this secret by myself, and how long I have 62 00:03:47,240 --> 00:03:52,280 Speaker 4: wanted to tell you. But when I decided to become Superman, 63 00:03:52,800 --> 00:03:54,240 Speaker 4: I became a target. 64 00:03:55,480 --> 00:03:58,000 Speaker 3: And so anybody close to you became a target. 65 00:03:58,440 --> 00:04:01,360 Speaker 5: And it just got more complicated when you realized. 66 00:04:00,960 --> 00:04:04,520 Speaker 4: You, which was about two minutes after I met you. 67 00:04:05,080 --> 00:04:07,440 Speaker 1: I love that you brought data to it. You crunch 68 00:04:07,480 --> 00:04:10,440 Speaker 1: the numbers on time in the suit. I also appreciate 69 00:04:10,600 --> 00:04:13,960 Speaker 1: that you went into that interview with a very specific question, 70 00:04:14,040 --> 00:04:17,320 Speaker 1: not to grill him on his personal politics, but to 71 00:04:17,400 --> 00:04:20,920 Speaker 1: talk to him about how him being vocal about his 72 00:04:21,000 --> 00:04:24,599 Speaker 1: support of MAGA and President Trump, which is definitely not 73 00:04:24,720 --> 00:04:27,920 Speaker 1: the norm, not the conventional wisdom in Hollywood or New York, 74 00:04:27,920 --> 00:04:30,400 Speaker 1: in the kind of the hotbeds of the business, how 75 00:04:31,000 --> 00:04:34,920 Speaker 1: just that stance has affected his career as an actor, 76 00:04:35,120 --> 00:04:38,120 Speaker 1: as a personality in our business. Did you find him 77 00:04:38,160 --> 00:04:42,120 Speaker 1: to be earnestly engaging with you in talking about exactly that. 78 00:04:42,640 --> 00:04:47,680 Speaker 3: Absolutely, he was very earnest and candid. He also has 79 00:04:47,720 --> 00:04:52,120 Speaker 3: a lot of confidence and doesn't really seem to worry 80 00:04:52,160 --> 00:04:56,160 Speaker 3: about will I be a pariah in Hollywood for being 81 00:04:56,200 --> 00:05:01,919 Speaker 3: a Trump supporter. The people that I called for secondary voices, 82 00:05:02,000 --> 00:05:06,000 Speaker 3: like Greg Burlante, they got right on the phone. Dean 83 00:05:06,160 --> 00:05:09,400 Speaker 3: was very eager to talk about playing gay in the 84 00:05:09,440 --> 00:05:13,320 Speaker 3: two thousand romantic comedy The Broken Hearts Club, which was 85 00:05:13,560 --> 00:05:17,360 Speaker 3: Greg Burlanti's first movie. He said he loved playing gay 86 00:05:17,600 --> 00:05:20,160 Speaker 3: and he did it again in another movie. And what 87 00:05:20,440 --> 00:05:24,320 Speaker 3: Greg mentioned that I found really interesting is like the 88 00:05:24,360 --> 00:05:27,840 Speaker 3: context of the times is like nobody wanted to play 89 00:05:27,839 --> 00:05:28,760 Speaker 3: gay back then. 90 00:05:29,279 --> 00:05:32,600 Speaker 1: Especially a rising star leading man. That was not the 91 00:05:32,640 --> 00:05:34,800 Speaker 1: move that your agent would have suggested. First. 92 00:05:35,120 --> 00:05:38,719 Speaker 3: Dean was kind of like, I didn't understand the fuss 93 00:05:38,760 --> 00:05:41,840 Speaker 3: then or now. As somebody on his team said, well, 94 00:05:41,880 --> 00:05:45,039 Speaker 3: people might think you're gay in real life, and he said, well, 95 00:05:45,080 --> 00:05:46,080 Speaker 3: then I've done my job. 96 00:05:46,720 --> 00:05:50,160 Speaker 1: Another thing that he is very direct about is that 97 00:05:50,240 --> 00:05:53,560 Speaker 1: he experienced in his time on Lois and Clark, in 98 00:05:53,600 --> 00:05:56,720 Speaker 1: his time in The Tights, that he experienced some significant 99 00:05:56,720 --> 00:05:57,600 Speaker 1: sexual harassment. 100 00:05:58,200 --> 00:06:02,920 Speaker 3: That is true, and he talked about it, but only 101 00:06:03,360 --> 00:06:09,000 Speaker 3: very briefly and would not identify the person and said 102 00:06:09,000 --> 00:06:11,839 Speaker 3: he didn't want to comment any further on the matter. 103 00:06:12,000 --> 00:06:16,440 Speaker 3: But there had always been rumblings. Dean seemed like somebody 104 00:06:16,560 --> 00:06:22,600 Speaker 3: who was pretty straightforward, straight shooter and did not really 105 00:06:22,640 --> 00:06:25,200 Speaker 3: indulge in a lot of oh woe is me kind 106 00:06:25,240 --> 00:06:29,000 Speaker 3: of talk. It was just like, yeah, this happened, and 107 00:06:29,880 --> 00:06:32,039 Speaker 3: I'm going to move on. And I think he moved 108 00:06:32,040 --> 00:06:34,039 Speaker 3: on at the time, and he moved on in the 109 00:06:34,080 --> 00:06:34,680 Speaker 3: interview with me. 110 00:06:35,520 --> 00:06:38,480 Speaker 1: Another interesting thing that I didn't fully appreciate is that 111 00:06:38,560 --> 00:06:42,440 Speaker 1: he has tapped into this very vibrant strain of independent 112 00:06:42,480 --> 00:06:45,279 Speaker 1: production that has done far outside of La New York 113 00:06:45,320 --> 00:06:50,120 Speaker 1: and Chicago, independently produced and financed faith based movies that 114 00:06:50,520 --> 00:06:54,080 Speaker 1: run on certain channels, that sometimes even do smaller circuits 115 00:06:54,080 --> 00:06:56,440 Speaker 1: in sort of Bible belt markets. And it sounds like 116 00:06:56,480 --> 00:07:00,200 Speaker 1: he's really invested as a producer, director, star of some 117 00:07:00,240 --> 00:07:00,919 Speaker 1: of these films. 118 00:07:01,360 --> 00:07:05,359 Speaker 3: Yes, and it's sort of a parallel universe that operates 119 00:07:05,640 --> 00:07:09,920 Speaker 3: right near Hollywood, but not quite in Hollywood. It's becoming 120 00:07:10,080 --> 00:07:12,680 Speaker 3: more and more of an economic force if you look 121 00:07:12,760 --> 00:07:16,440 Speaker 3: at the chosen these things. So it's not to be dismissed. 122 00:07:16,840 --> 00:07:20,200 Speaker 3: He said that he loves making these movies and he's 123 00:07:20,280 --> 00:07:23,880 Speaker 3: made sixteen of them now because he feels like they 124 00:07:24,200 --> 00:07:31,920 Speaker 3: showcase strong family cohesion, something that is really pushing strong 125 00:07:32,000 --> 00:07:35,520 Speaker 3: positive messages and we are in a dark time. 126 00:07:36,200 --> 00:07:38,280 Speaker 1: From your story, you get the sense that he really 127 00:07:38,400 --> 00:07:41,360 Speaker 1: means this isn't it isn't stick for him. The other 128 00:07:41,520 --> 00:07:44,040 Speaker 1: big takeaway is that he is somebody who also has 129 00:07:44,080 --> 00:07:46,640 Speaker 1: a good sense of humor about himself and his place 130 00:07:47,280 --> 00:07:49,720 Speaker 1: in the pantheon, and there is no getting around it. 131 00:07:49,760 --> 00:07:52,640 Speaker 1: Once you play Superman, there is always some part of 132 00:07:52,680 --> 00:07:55,480 Speaker 1: you that is going to be identified with Superman. Well, 133 00:07:55,520 --> 00:07:58,600 Speaker 1: this whole process must have also been good research for you, 134 00:07:58,680 --> 00:08:01,280 Speaker 1: cause know you are working away away on a book 135 00:08:01,400 --> 00:08:05,400 Speaker 1: about the history of DC Studios in Hollywood. We will 136 00:08:05,400 --> 00:08:07,320 Speaker 1: definitely check in with you at the time that that 137 00:08:07,360 --> 00:08:10,120 Speaker 1: book is ready, because very interested to get your perspective 138 00:08:10,160 --> 00:08:13,200 Speaker 1: on the long arc of DC in Hollywood. 139 00:08:13,480 --> 00:08:16,640 Speaker 3: And it's a long arc, yes, and a book coming 140 00:08:16,720 --> 00:08:18,320 Speaker 3: soon in twenty twenty seven. 141 00:08:18,800 --> 00:08:24,720 Speaker 1: Thank you, Tatiana, appreciate it. Now Brian Steinberg brings us 142 00:08:24,800 --> 00:08:29,080 Speaker 1: up to speed on the big picture of TV advertising sales. Disney, NBC, 143 00:08:29,320 --> 00:08:33,040 Speaker 1: Universal and other heavyweights have wrapped up the advanced advertising 144 00:08:33,120 --> 00:08:37,120 Speaker 1: sales process conducted every year under the broad heading of 145 00:08:37,360 --> 00:08:40,760 Speaker 1: upfront sales. Brian Steinberg, thanks for joining me. 146 00:08:40,920 --> 00:08:41,640 Speaker 2: Thanks for having me. 147 00:08:42,000 --> 00:08:45,960 Speaker 1: Nobody covers the upfront sales process like you. You've been 148 00:08:46,000 --> 00:08:47,920 Speaker 1: busy the last couple of days. Tell me what's the 149 00:08:47,960 --> 00:08:49,480 Speaker 1: temperature of the market this year. 150 00:08:50,200 --> 00:08:54,080 Speaker 5: It's surprisingly upbeat because I think people were afraid the 151 00:08:54,240 --> 00:08:57,240 Speaker 5: tariffs and the trunk transition. We're going to pass a pall. 152 00:08:58,040 --> 00:08:59,920 Speaker 5: But what we're seeing is actually I think we're seeing 153 00:09:00,080 --> 00:09:04,000 Speaker 5: upturns of dollars, most of them for sports, the NFL, 154 00:09:04,160 --> 00:09:06,679 Speaker 5: Super Bowl, Winter Olympics, and World Cup. 155 00:09:07,640 --> 00:09:10,559 Speaker 1: That tax back to the oldest principle of TV advertising, right, 156 00:09:10,640 --> 00:09:12,760 Speaker 1: get me a big group at the same time, which 157 00:09:12,920 --> 00:09:15,280 Speaker 1: is counter to the trends in the business over the 158 00:09:15,360 --> 00:09:16,199 Speaker 1: last couple of years. 159 00:09:16,559 --> 00:09:18,800 Speaker 2: That's right. It's in the streaming era. 160 00:09:18,880 --> 00:09:22,520 Speaker 5: It's much harder to find big audiences all watching the 161 00:09:22,559 --> 00:09:25,120 Speaker 5: same thing at the same time. That's what your big 162 00:09:25,160 --> 00:09:29,080 Speaker 5: average hiders like Pizza Hutt and McDonald's and Nikeness they want. 163 00:09:29,120 --> 00:09:32,280 Speaker 5: It's harder to make a dollar after advertising as you're 164 00:09:32,280 --> 00:09:35,559 Speaker 5: trying to find your consumer streaming this year and streaming 165 00:09:35,600 --> 00:09:38,880 Speaker 5: that there. So sports and other live events that award 166 00:09:38,920 --> 00:09:41,720 Speaker 5: shows and other kids of specials are what really drive 167 00:09:41,920 --> 00:09:43,360 Speaker 5: currency now and drive interest. 168 00:09:43,800 --> 00:09:46,600 Speaker 1: We know that the linear advertising market has been weak 169 00:09:47,000 --> 00:09:51,320 Speaker 1: within the world of sports. Are dollars growing, Dollars are going. 170 00:09:51,320 --> 00:09:54,360 Speaker 5: We're seeing more dollars come in a quite of We've 171 00:09:54,400 --> 00:09:58,240 Speaker 5: had Fox, NBC, and Disney all announced their results. Others 172 00:09:58,280 --> 00:10:01,240 Speaker 5: are so were so waiting for in every report, they 173 00:10:01,280 --> 00:10:03,080 Speaker 5: say that the money can then to sports is going up. 174 00:10:03,200 --> 00:10:04,199 Speaker 2: What's really happening here? 175 00:10:04,280 --> 00:10:06,680 Speaker 5: A lot of companies that they wouldn't spend on sports 176 00:10:07,240 --> 00:10:09,800 Speaker 5: proper and gamble and other something that were more towards 177 00:10:10,160 --> 00:10:13,680 Speaker 5: female and family consumers are saying, gee, I need to 178 00:10:13,679 --> 00:10:16,040 Speaker 5: reach audiences. Where can I do it for a good 179 00:10:16,080 --> 00:10:17,800 Speaker 5: price and your reasonable amount of money? 180 00:10:18,080 --> 00:10:20,400 Speaker 2: Sports is it. That's where you get the big audiences. 181 00:10:20,400 --> 00:10:22,960 Speaker 5: So even companies that weren't putting money into baseball and 182 00:10:22,960 --> 00:10:25,520 Speaker 5: football are doing so now and then because they know 183 00:10:25,559 --> 00:10:28,200 Speaker 5: they need to reach large numbers all at once. 184 00:10:28,880 --> 00:10:30,640 Speaker 1: Twenty twenty six is going to be a big year. 185 00:10:30,640 --> 00:10:34,079 Speaker 1: We're going to have the Winter Olympics across NBC universal platforms. 186 00:10:34,120 --> 00:10:36,760 Speaker 1: We're going to have the World Cup on Fox and Telemundo. 187 00:10:37,320 --> 00:10:40,160 Speaker 1: Outside of the sports realm, in the more entertainment side, 188 00:10:40,280 --> 00:10:44,800 Speaker 1: live events, big, flashy spectacles are I would imagine are 189 00:10:44,800 --> 00:10:46,640 Speaker 1: also pretty attractive in this climate. 190 00:10:47,320 --> 00:10:49,560 Speaker 5: MBC is doing the tenniversary of the network this year. 191 00:10:49,559 --> 00:10:52,960 Speaker 5: They've got last year they did NBC's SNL fifty anniversary. 192 00:10:53,280 --> 00:10:56,640 Speaker 5: They create, you know, landmark milestones and events that you 193 00:10:56,679 --> 00:10:58,480 Speaker 5: can take it into You saw can do a Jaws 194 00:10:58,480 --> 00:11:01,320 Speaker 5: anniversary a few weekends ago. Further sum, they're trying to 195 00:11:01,360 --> 00:11:04,600 Speaker 5: create things that people can gravitate to celebrate, and some 196 00:11:04,640 --> 00:11:06,040 Speaker 5: of the stouts, well, I think you're going seeing more 197 00:11:06,040 --> 00:11:08,600 Speaker 5: of that. I do think it's getting harder and harder 198 00:11:08,679 --> 00:11:12,079 Speaker 5: to generate the same ad without sports. You saw Disney 199 00:11:12,240 --> 00:11:14,720 Speaker 5: this week announced they were flat. In other words, they 200 00:11:14,840 --> 00:11:16,640 Speaker 5: had the same amountline of this is into last year 201 00:11:16,800 --> 00:11:19,319 Speaker 5: sports went off, but the overall number was concurring, which 202 00:11:19,360 --> 00:11:22,200 Speaker 5: means they didn't increase their dollars over last year. 203 00:11:22,520 --> 00:11:26,320 Speaker 1: Flat is hard when Disney, after so much investment in streaming, 204 00:11:26,400 --> 00:11:29,080 Speaker 1: Disney needs to see growth. I think there's such intense 205 00:11:29,200 --> 00:11:31,960 Speaker 1: business reporting on the upfront that the big public companies 206 00:11:32,000 --> 00:11:34,320 Speaker 1: have been forced to put out the flag and say, okay, 207 00:11:34,360 --> 00:11:37,400 Speaker 1: we've drawn the curtain and give some guidance on their 208 00:11:37,480 --> 00:11:40,440 Speaker 1: upfront haul because it is so material to their results. 209 00:11:40,840 --> 00:11:43,400 Speaker 1: Disney has done that. Who else has kind of has 210 00:11:43,440 --> 00:11:45,520 Speaker 1: reached that point where they're saying, yep, we're done with 211 00:11:45,559 --> 00:11:46,160 Speaker 1: the upfront. 212 00:11:46,480 --> 00:11:49,360 Speaker 5: We've had NBC, Fox, and Disney all put out releases, 213 00:11:49,360 --> 00:11:52,480 Speaker 5: which is unusual time years ago. You had to kind 214 00:11:52,520 --> 00:11:54,360 Speaker 5: of figured out for yourself they would give some guidance 215 00:11:54,360 --> 00:11:56,640 Speaker 5: for someone, but they wouldn't actually confirm it watch the 216 00:11:56,679 --> 00:11:58,760 Speaker 5: Blue Moon. They would put an SEC filing out or 217 00:11:58,760 --> 00:12:01,920 Speaker 5: something like that. Universion talk about on their earnings call, 218 00:12:01,960 --> 00:12:04,640 Speaker 5: they're still negotiating. We've heard Netflix say things are robus 219 00:12:04,800 --> 00:12:07,079 Speaker 5: or up on the up stint on their earnings call, 220 00:12:07,160 --> 00:12:08,559 Speaker 5: but nothing more formal. 221 00:12:08,600 --> 00:12:10,440 Speaker 2: So we're shilling in paramount. 222 00:12:10,000 --> 00:12:12,400 Speaker 5: And for Warner, I think Warner, we ca all agree, 223 00:12:12,640 --> 00:12:13,880 Speaker 5: faces more headwinds. 224 00:12:14,120 --> 00:12:16,000 Speaker 2: They've lost their NBA right. 225 00:12:16,520 --> 00:12:19,360 Speaker 1: No question that this is the ripple effects of those 226 00:12:19,440 --> 00:12:24,040 Speaker 1: NBA changes are now are now being felt. Amazon and Netflix, 227 00:12:24,440 --> 00:12:27,320 Speaker 1: How are both of these companies impacting the ad market 228 00:12:27,320 --> 00:12:29,480 Speaker 1: this time around? They certainly have a lot of heft 229 00:12:29,520 --> 00:12:30,959 Speaker 1: and a lot of inventory, a. 230 00:12:30,880 --> 00:12:33,040 Speaker 5: Lot inventory if they put dumped a whole bunch of 231 00:12:33,040 --> 00:12:34,880 Speaker 5: new inventory on the mart, which has caused rates for 232 00:12:34,920 --> 00:12:38,520 Speaker 5: streaming to go down, especially last year, big rollbacks in 233 00:12:38,600 --> 00:12:41,560 Speaker 5: streaming rates because of the new supply. I think Netflix 234 00:12:41,559 --> 00:12:43,280 Speaker 5: and Amazon have had to learn some lessons. They came 235 00:12:43,320 --> 00:12:47,000 Speaker 5: in very hot, devanding very aggressive upticks and rates. They 236 00:12:47,080 --> 00:12:48,960 Speaker 5: had to learn that who says the market here is 237 00:12:49,000 --> 00:12:52,080 Speaker 5: not the media seller but the person who's buying the 238 00:12:52,160 --> 00:12:56,880 Speaker 5: ad time Apple, Procter and Gamble, Unilever. It's their money, 239 00:12:56,920 --> 00:12:59,120 Speaker 5: not Netflix at Amazon until they agree to spend it, 240 00:12:59,440 --> 00:13:02,160 Speaker 5: So if their rates aren't great, they won't be spending. 241 00:13:02,720 --> 00:13:05,200 Speaker 1: It would seem Brian that every upfront conversation has to 242 00:13:05,280 --> 00:13:08,560 Speaker 1: end with a question about the upfront process itself. Let 243 00:13:08,559 --> 00:13:11,800 Speaker 1: me ask you specifically, do you see real signs that 244 00:13:11,880 --> 00:13:15,960 Speaker 1: AI and automation in maybe constant auction of ad time 245 00:13:16,040 --> 00:13:19,240 Speaker 1: every nanosecond. Do you see any indication that that is 246 00:13:19,320 --> 00:13:21,800 Speaker 1: going to change the work of the media buyers that 247 00:13:21,840 --> 00:13:24,640 Speaker 1: are schooling the new entrants on how the business is done. 248 00:13:24,920 --> 00:13:27,440 Speaker 5: There's no question that more ad time is being bought 249 00:13:27,480 --> 00:13:30,640 Speaker 5: by algorithms. And it's not just the upfront there's the 250 00:13:30,679 --> 00:13:33,240 Speaker 5: twenty four seven year round market for ad time. Because 251 00:13:33,280 --> 00:13:36,280 Speaker 5: streaming there's more stuff to come, worry about and figure out. 252 00:13:36,559 --> 00:13:39,200 Speaker 5: But I think this process still goes on people clearly 253 00:13:39,200 --> 00:13:42,439 Speaker 5: so like I believe that by ad time cheaper and 254 00:13:42,520 --> 00:13:44,600 Speaker 5: you mon't get it later on, and that's why this 255 00:13:44,640 --> 00:13:47,080 Speaker 5: process is still around, especially with Super Bowl and big 256 00:13:47,120 --> 00:13:50,760 Speaker 5: sporting events still in the office. I think when McDonald's 257 00:13:50,760 --> 00:13:52,360 Speaker 5: and prompters say they don't want to do it anymore, 258 00:13:52,600 --> 00:13:53,720 Speaker 5: it will stop very quickly. 259 00:13:54,240 --> 00:13:56,200 Speaker 1: Here we are at the end of July, talking about 260 00:13:56,200 --> 00:13:58,320 Speaker 1: where things stand in You and I both remember the 261 00:13:58,360 --> 00:14:01,160 Speaker 1: go go nineties when they says for the big networks 262 00:14:01,200 --> 00:14:04,400 Speaker 1: would be wrapped up in forty eight seventy two hours. 263 00:14:04,480 --> 00:14:06,920 Speaker 1: Then let me ask you, was it really done in 264 00:14:06,960 --> 00:14:09,280 Speaker 1: that seventy two hour in a crazy rush or was 265 00:14:09,320 --> 00:14:11,360 Speaker 1: that just for show because there was so much money 266 00:14:11,440 --> 00:14:14,320 Speaker 1: slashing around that everybody figured out, we'll figure it out. 267 00:14:14,720 --> 00:14:17,800 Speaker 5: I remember in those times, really they're buying primetime TV. 268 00:14:17,960 --> 00:14:20,000 Speaker 5: That was the biggest thing you could buy, and only 269 00:14:20,040 --> 00:14:22,800 Speaker 5: so much of it. There wasn't like primetime now as anytime. 270 00:14:23,560 --> 00:14:26,360 Speaker 1: At the risk of sounding like Archie Bunker, those were 271 00:14:26,360 --> 00:14:32,400 Speaker 1: the days. Thank you, Brian, Thank you. As we close 272 00:14:32,440 --> 00:14:35,040 Speaker 1: out today's episode, here are a few things we're watching for. 273 00:14:35,720 --> 00:14:39,720 Speaker 1: Paramount Global reports it's second quarter earnings after market closed today. 274 00:14:40,400 --> 00:14:42,840 Speaker 1: We may get some updates on the sky Dance Media 275 00:14:42,920 --> 00:14:45,920 Speaker 1: merger process. Stay close to Variety dot com for all 276 00:14:45,960 --> 00:14:49,840 Speaker 1: the news. Michael Gracie, the director of the Greatest Showman, 277 00:14:50,320 --> 00:14:52,480 Speaker 1: is planning a stage musical about the life of the 278 00:14:52,560 --> 00:14:57,760 Speaker 1: late great tenor Luciano Pavarotti. Our Nick Vivarellian Rome reports 279 00:14:57,800 --> 00:15:01,280 Speaker 1: that the Australian director is working with Pavarotti's widow on 280 00:15:01,360 --> 00:15:04,840 Speaker 1: the project. On Friday, I'm heading to the LA Convention 281 00:15:05,000 --> 00:15:07,720 Speaker 1: Center to check out k kon the K Pop and 282 00:15:07,840 --> 00:15:11,520 Speaker 1: Korean Culture fan Convention. I'll get some on the ground 283 00:15:11,520 --> 00:15:14,600 Speaker 1: reporting to give listeners a sense of just how intense 284 00:15:14,640 --> 00:15:18,600 Speaker 1: this fandom is. So come back Monday before we go. 285 00:15:19,040 --> 00:15:23,480 Speaker 1: Congrats to actors Jason Isaacs, Natasha Rothwell, and John Grease. 286 00:15:23,920 --> 00:15:27,440 Speaker 1: They will be faded with the Creative Coalition's Humanitarian Awards. 287 00:15:28,040 --> 00:15:31,920 Speaker 1: They'll be presented September thirteenth, the day before the Emmy Awards, 288 00:15:32,000 --> 00:15:35,720 Speaker 1: at a ceremony in Beverly Hills. Thanks for listening. This 289 00:15:35,840 --> 00:15:38,920 Speaker 1: episode was written and reported by me Cynthia Littleton, with 290 00:15:39,080 --> 00:15:43,040 Speaker 1: contributions from Tatiana Siegel and Brian Steinberg. It was edited 291 00:15:43,040 --> 00:15:47,760 Speaker 1: by Aaron Greenwald. Stick's Next hick Picks. Please leave us 292 00:15:47,800 --> 00:15:50,480 Speaker 1: a review at the podcast platform of your choice, and 293 00:15:50,600 --> 00:15:53,200 Speaker 1: don't forget to tune in Monday for another episode of 294 00:15:53,280 --> 00:15:59,760 Speaker 1: Daily Variety.