Stay Connected“Ankler Agenda” breaks down the headlines, trends and creativity shaping the evolution of Hollywood, the creator economy and entertainment.
The show is hosted by Elaine Low, author of Ankler Media’s popular “Series Business” Substack newsletter, who is joined weekly by her colleagues Sean McNulty (“The Wakeup”) and Natalie Jarvey (“Like & Subscribe”) — in addition to Richard Rushfield, the Ankler himself. Episodes will also be available every Thursday on YouTube.
Copyright: © Ankler Media
Watching the fiasco consuming Twitter, Hollywood might think it’s above the madness. But the mood of workers in entertainment feels more like the spiraling social media platform than anyone wants to believe. Amazon is laying off 10,000 people, Roku is cutting 200, John Malone said streaming economics have lead to “blood running down the gutters” and Vice Media seeks to cut 15 percent of its budget — which won’t come from “saving paper clips,” says Janice Min, joined by host Sean McNulty. Also: the role of tech-driven economics on Hollywood chaos (10:28), Twitter’s Elon Musk-fueled descent (13:46), the future of crypto stories in film and TV (23:41), and Marvel’s snowballing franchise fatigue (37:30).
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Jennifer Aniston declared the movie star dead. Now hosts Sean McNulty, Richard Rushfield and Tatiana Siegel, joined by Rob Long, offer their condolences as Hollywood scatters the ashes of its once-mighty creation (21:02), destroyed by self-inflicted wounds (and names of those who still endure). The group also talks agents and managers (7:32), and how streaming makes them — for better or worse — more valuable. “Streamers are so besieged with 2,000 shows in production that they demand any project [have] everybody attached,” says Rushfield. “They need a whole package ready to go.” Also: Early returns on The Ankler’s ruthless Agents, Managers and Attorneys poll (3:38) and schadenfreude over Silicon Valley’s woes (49:30): Says Long, “I am celebrating the humbling of our overlords.”
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Warner Bros. Discovery, Paramount, Roku, Lionsgate. Third-quarter earnings reports are all variations on a theme: things are bad. Layoffs are hitting every corner, and streaming “clearly [is] not making money yet and will not for another two years if it even gets to that point for some of these companies,” says host Sean McNulty (30:31), joined by Janice Min, Richard Rushfield and Tatiana Siegel, as the team lays out likely scenarios coming (including the “twin apocalypse” of a recession and a writers guild strike). Ankler contributor Peter Kiefer also joins to dissect Tuesday’s election, including a town divided over Rick Caruso v. Karen Bass for mayor and a wild Los Angeles County supervisor race rife with antisemitism allegations (5:10). Also on tap: Jeff Zucker’s $1 billion comeback (32:36).
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Recession. Ad declines. Subscriber plateaus. The tides continue to shift since the Great Streaming Bubble’s implosion of 2022. In the wake of a pessimistic Q3 earnings season, hosts Sean McNulty, Janice Min and Richard Rushfield are joined by CNBC media reporter Alex Sherman to break down the town’s latest thoughts around David Zaslav (1:35); if Comcast should give up on Peacock (16:30); why Apple didn’t discuss Apple TV+ on its earnings call (spoiler: there was likely no good news, 14:59); and if it make sense for Microsoft to acquire Netflix (16:30). Lastly, Sherman hits on Wall Street’s confusion around it all: “Wall Street doesn’t love mixed messages.”
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Netflix has released more than 45 films(!) so far in 2022, the majority of which are neither loved by critics nor audience, according to Rotten Tomatoes (and as analyzed film-by-film by host Sean McNulty). Not a single one of the other streamers and studios has reached the same average level of disapproval (for the record, everyone else combined have released a total of 86 films in the same time frame). McNulty, Janice Minand Richard Rushfield discuss the quantity vs. quality debate, and if it matters for Netflix, whose Q3 earnings showed subscriber growth. The trio discuss the opposite strategy in play by David Zaslav’s Warner Bros. Discovery (see: WBD: What’s the Plan column) and why (try to contain your excitement!) not all debt is created equal.
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Netflix took a victory lap on Tuesday with its Q3 earnings report that revealed — surprise! —the company beat its revenue forecast (or, as host Sean McNulty likes to say, Netflix underpromised and overdelivered). In a special episode recorded at Advertising Week in New York, McNulty, Janice Minand Richard Rushfield break down the ad tier (9:00); the streamer’s 2.4 million subscriber growth stagnating in the U.S., but exploding in Asia (1:09); the company’s not-so-subtle roasting of its money-losing competition (5:35); the comeback of Ryan Murphy with Dahmer (6:52) and its dunk on House of the Dragon and The Rings of Power; the streamer’s theatrical plans for Glass Onion (12:26), and Netflix’s commitment to gaming but not sports (21:57).
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With a potential WGA strike on the horizon, can the chasm between studios and angry writers be bridged? Hosts Sean McNulty, Richard Rushfield and Tatiana Siegel are joined by Martini Shot host (and WGA member) Rob Long to unpack the impending doom. “The Writers Guild continually strikes for a time machine and to go back and change the way [deals] were written,” notes Long. “‘If only I could go back and’ as we always say, kill Hitler.” The foursome also talk Lord of the Rings: The Rings of Power’s questionable victory lap (38:55), David O. Russell’s very odd on-set antics (31:43); and Netflix’s never-say-never theatrical release of Glass Onion (5:27)
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Viewership for Hollywood awards shows is plummeting. Hosts Janice Min, Tatiana Siegel and Sean McNulty survey the rocky terrain that’s led to the Golden Globes’s shaky one-year NBC deal (far less than its once-$60 million a year license fee), and prompted the Academy’s new Hail Mary efforts to remake the Oscars (and red carpet) for ABC. “There’s no way now they’re getting $100 million a year [today],” McNulty says. In a season where Avatar 2, Steven Spielberg, Top Gun: Maverick and Elvisare in the mix, the shows are throwing everything against the wall to remain culturally relevant — with streamers likely their next home. The team also unpacks Amazon’s Thursday Night Football numbers(9:41), Apple Music’s Super Bowl steal (6:30), and Spielberg’s Toronto audience award with The Fabelmans (42:25).
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Hosts Janice Min, Richard Rushfield, Tatiana Siegel and Sean McNulty take stock of a new phenomenon on the festival circuit fest: the ever-shrinking and choreographed press conference (20:34). High-profile press conferences — from Steven Spielberg’s autobiographical The Fabelmans to Harry Styles’ period gay drama The Policeman — featured questions vetted in advance (likely a result of Venice’s Don’t Worry Darling debacle), with Styles answering just one question at the My Policeman post-premiere Q&A. “It’s an erosion of the ability to report at a festival,” says Siegel. Also on tap, the hosts tackle the arrival of Thursday Night Football on Amazon (6:19), woeful Emmys ratings (3:52) as well as Bob Chapek and Brian Roberts’ “public negotiation” over Hulu (28:41).
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Oof — well, that’s an Emmys down. Today, hosts Sean McNulty and Richard Rushfield dissect the Emmys, and what it says about the streaming giants who stage their annual showdown over bragging rights with increasingly little meaning to the larger audience. Who comes out of this show stronger Diminished? And would all the streamers just be better off ignoring the Emmys altogether? The hosts also throw around some wild ideas on how to fix this awards show and others, and what lies before us on the next road to Oscar.
(Curious minds can click here to watch the Love Boat 1983 ABC Fall Preview Special referenced in the episode.)
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