Peter Kafka

Peter Kafka @pkafka

Slightly longer answer: CNN+ was a tweener product, which old media specializes in and almost never works. It didn’t do the thing CNN does - 24/7 live news - because its owner didn’t want to compete with CNN. — PolitiTweet.org

Peter Kafka @pkafka

Also! There’s been reporting for months that Discovery didn’t like CNN+. Discovery management, which pays a lot of attention to business press, provided zero public pushback. https://t.co/IFeHzG9sDR — PolitiTweet.org

Peter Kafka @pkafka

Shortest answer for cnn+ shutdown: old management launched it, new management didn’t want it. Getting rid of the old owner’s stuff is the easiest call for a new owner to make. Like ripping up the landscaping. Or getting rid of a $10 billion mistake. https://t.co/SfC1Hcw3c5 — PolitiTweet.org

Peter Kafka @pkafka

RT @pkafka: Old, from me, in July: What is CNN+ and why would you pay for it? https://t.co/INDJy1VZcm — PolitiTweet.org

Peter Kafka @pkafka

This Elon ep - focused on what he might actually do with Twitter, and why Twitter hasn’t done that already - holds up nicely. — PolitiTweet.org

Peter Kafka @pkafka

“Twitter's board may try to call his bluff.” Dan remains Elon-skeptical and so does Wall Street. TWTR price barely moving and still way below theoretical Elon bid. — PolitiTweet.org

Peter Kafka @pkafka

RT @JBFlint: Nothing keeps a couple closer than trying to squelch tabloid press coverage! The dirt from @benfritz @keachhagey @EmilyGlazer… — PolitiTweet.org

Peter Kafka @pkafka

RT @Lucas_Shaw: Special Edition of the newsletter is out. It's about a subject you'd never guess. https://t.co/ywGwrXGj7l — PolitiTweet.org

Peter Kafka @pkafka

@Lucas_Shaw @ashleyrcarman https://t.co/gWInTTjVib — PolitiTweet.org

Peter Kafka @pkafka

RT @Lucas_Shaw: The Obamas are leaving Spotify later this year. Scoop with @ashleyrcarman https://t.co/gMFPCtrWe2 — PolitiTweet.org

Peter Kafka @pkafka

Netflix helped destroy traditional TV. So TV guys tried to become like Netflix. Now what? Re-upping a useful convo with analyst Michael Nathanson from a few weeks ago: https://t.co/nYKIYy7fOM — PolitiTweet.org

Peter Kafka @pkafka

New from me: Nervous times in startupland. “It’s choppy.” “A little slower than I’d like,” “Slowing, across the board.” — PolitiTweet.org

Peter Kafka @pkafka

Longtime Netflix bull @RichLightShed: “Netflix felt vulnerable yesterday in a way that it never has before.” — PolitiTweet.org

Peter Kafka @pkafka

@nevillearthur They missed their q by more than 2mm. Not a choice whether they could disclose or not. — PolitiTweet.org

Peter Kafka @pkafka

@nevillearthur Still missing 2mm subs this q and worse next — PolitiTweet.org

Peter Kafka @pkafka

Ad plan feels like “a very recent decision and a last minute throw-in to these earnings, and that makes me feel like things are even worse than they appear” says @benthompson https://t.co/NryLmHOthM — PolitiTweet.org

Peter Kafka @pkafka

For years, Netflix has insisted on focusing on a single product - and keeping that product ad-free. Last year it introduced video games - and now ads are coming. https://t.co/ZKkJcp0bTt — PolitiTweet.org

Peter Kafka @pkafka

RT @pkafka: New pod with Bloomberg’s @KurtWagner8 & Atlantic/Ringer’s @DKThomp: *Can he really buy Twitter? *No seriously. Really? *Why he… — PolitiTweet.org

Peter Kafka @pkafka

RT @brianstelter: >> @pkafka's summary of the day: "Reed Hastings used to have streaming to himself. That's over now..." https://t.co/gZQNF… — PolitiTweet.org

Peter Kafka @pkafka

@ArtsFormulaFit Thank you and thanks for listening — PolitiTweet.org

Peter Kafka @pkafka

@lanctot @Jason As expensive as it is, it’s the easiest call for a new owner to make. — PolitiTweet.org

Peter Kafka @pkafka

New pod with Bloomberg’s @KurtWagner8 & Atlantic/Ringer’s @DKThomp: *Can he really buy Twitter? *No seriously. Really? *Why he does he want to buy Twitter? *Why do people think that’s a good idea? *Reminder: Twitter is a for-profit business. *Memes, man. https://t.co/XzXKON7HcE https://t.co/gA6aLq6hEx — PolitiTweet.org

Peter Kafka @pkafka

Considering which means implementing. — PolitiTweet.org

Peter Kafka @pkafka

@liquidmedia2013 You should re-read it. Or listen to the call. — PolitiTweet.org

Peter Kafka @pkafka

Will be a lower-priced tier, like Hulu offers and Disney will as well. Netflix will say this is just about consumer choice. But Netflix has spent years arguing that a core difference between Netflix and TV was that Netflix didn’t need to make advertisers happy, just subscribers. — PolitiTweet.org

Peter Kafka @pkafka

That was a never ever ever and now it’s not. — PolitiTweet.org

Peter Kafka @pkafka

Made my tweet into a story https://t.co/ZKkJcp0bTt — PolitiTweet.org

Peter Kafka @pkafka

Worst quarter since Qwikster. The difference: In 2011, Netflix screwed up. This time the problem isn’t Netflix - it’s the competition. — PolitiTweet.org

Peter Kafka @pkafka

2016: “We love people sharing Netflix," CEO Reed Hastings. “That's a positive thing, not a negative thing.” https://t.co/OowauapazV — PolitiTweet.org

Peter Kafka @pkafka

Netflix had to spend a full page of its investor letter explaining why it lost 200k subs last quarter and will lose 2 million more next q. Tldr: World needs more streamers; too many password-sharers; competition turns out to be a thing, after all; COVID,Russia, inflation, dunno. https://t.co/o5F8AiYDE3 — PolitiTweet.org