Great piece Simeon (as always!). One thing I’m wrestling with:
If distribution is consolidating around YouTube, why wouldn’t content owners eventually claw back economics once rights scarcity (especially live sports) starts to matter more?
Feels like there’s a tension between “platform wins” and “scarcity still pricing power.
Welcome back!
Great piece Simeon (as always!). One thing I’m wrestling with:
If distribution is consolidating around YouTube, why wouldn’t content owners eventually claw back economics once rights scarcity (especially live sports) starts to matter more?
Feels like there’s a tension between “platform wins” and “scarcity still pricing power.