There’s a lot that Wall Street is missing about the streaming business says Tom Rogers, the media mogul best known as the founder of CNBC and MSNBC. The stock market is overly focussed on streaming subscription counts and profitability of streaming, while ignoring the fact that many companies running streaming services are simultaneously dealing with the deterioration of “the best media model known to man”.
In this interview, Rogers outlines what Wall Street is getting wrong about streaming, and why Netflix is in “a lane of its own” in the streaming wars. Filmed at New Video Frontiers 2023 in London.