Peacock’s Battle for Survival and the Catch 22 of Streaming

Matt is joined by Bloomberg's Lucas Shaw to briefly discuss Matt’s experience at the White House Correspondents' Dinner before diving into the latest struggles for Peacock after a first-quarter loss of $432M despite increasing its subscriber base by 22 percent. They dig into why the streamer is struggling despite its association with a very successful movie studio, its strong reality TV slate, and its valuable NFL rights, and discuss the overall paradox of the streaming business in 2026 (00:00). Matt finishes the show with a prediction about Netflix's new Los Angeles headquarters (25:23). Host: Matt Belloni Guest: Lucas Shaw  Producers: Craig Horlbeck and Jon Jones Theme Song: Devon Renaldo This episode is brought to you by AMC+. Start your free trial today at join.amcplus.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices