Lucas Shaw
lucasshaw.bsky.social
Lucas Shaw
@lucasshaw.bsky.social
Oversee business of pop culture coverage at Bloomberg. Views my own.
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The ongoing quest to remake HBO for the streaming age has resulted in a network that is both cheaper and smaller than Netflix.

That & much more in this week's newsletter:

www.bloomberg.com/news/newslet...
Warner Bros.’ David Zaslav Tried to Rebrand HBO. It Didn’t Work.
Warner Bros. Discovery had a plan to turn HBO into Netflix. Here’s where it went wrong.
www.bloomberg.com
May 18, 2025 at 11:40 PM
Snoop Dogg has been railing against streaming services like Spotify and YouTube for two years, claiming they don't pay artists enough.

But the Doggfather has declared peace with Spotify -- and he explains why. @SnoopDogg

www.bloomberg.com/news/article...
Snoop Dogg Makes Peace With Spotify, Releases New Album on Service
‘Iz It a Crime?’ came out Thursday as a surprise to fans
www.bloomberg.com
May 15, 2025 at 2:11 PM
HBO Max is back.

The name of the Max streaming service is changing back to HBO Max.

You can't make this stuff up.
May 14, 2025 at 2:32 PM
Donald Trump floated a 100% tariff on imported movies after spending the weekend with Jon Voight and his manager at Mar-a-Lago.

The tariffs are unlikely to bring production back to the US and risk retaliation, which would be devastating for Hollywood.

www.bloomberg.com/news/newslet...
Trump Plans to Tax Movies. Here's How It Will Impact Hollywood
While more movies and TV shows are being produced abroad, the US entertainment industry still exports three times as much as it imports.
www.bloomberg.com
May 5, 2025 at 3:48 AM
Donald Trump plans a 100% tariff on movies produced overseas.

Will have more on this in the newsletter, which is publishing... shortly.

www.bloomberg.com/news/article...
Trump Plans 100% Tariff on Foreign Movies, Escalating Trade War
President Donald Trump announced Sunday that he plans to impose a 100% tariff on films produced overseas, extending his restrictive trade policies on US imports to the entertainment sector for the fir...
www.bloomberg.com
May 5, 2025 at 1:18 AM
For this week's Screentime: a rare interview with Taylor Sheridan, the most successful TV writer of this decade.

www.bloomberg.com/news/newslet...
How ‘Yellowstone’ Became a $3 Billion Franchise – and Where It Goes Next
The creator of ‘Yellowstone’ talks about turning an unprofitable show into the most-valuable franchise on TV
www.bloomberg.com
April 28, 2025 at 4:24 PM
Shari Redstone has been upset w/CBS News for months. Her frustration started with Gaza and grew as 60 Minutes’ Trump coverage delayed her $8 billion deal.

An inside look at the growing divide between a billionaire media mogul and her newsroom.

www.bloomberg.com/news/article...
Behind the ‘60 Minutes’ Upheaval, a Big Merger Seeking Approval
Shari Redstone wanted to know what 60 Minutes was going to say next about President Donald Trump.
www.bloomberg.com
April 28, 2025 at 4:23 PM
People spending more time watching YouTube than Netflix and Amazon Prime Video combined.

I spoke with the folks @BBCNews about why Hollywood is very scared of YouTube.

www.bbc.com/worklife/art...
Is YouTube making Hollywood irrelevant?
The BBC's Katty Kay speaks with Bloomberg reporter Lucas Shaw about YouTube's meteoric rise and how it became a dominant player in the entertainment industry.
www.bbc.com
April 24, 2025 at 5:06 PM
Always a good sign when you change CEOs right before an IPO.

www.bloomberg.com/news/article...
Discord Names New CEO as Co-Founder Steps Down Ahead of IPO
Discord Inc., the popular chat app, named a new chief executive officer, replacing co-founder and current CEO Jason Citron.
www.bloomberg.com
April 23, 2025 at 8:03 PM
Sinners ends up at $46 million in the US and Canada. A great result for an original movie.

International is only $15 million. Not so great.
April 20, 2025 at 6:26 PM
A Minecraft Movie was projected to open to $65 million in North America the Monday before it opened.

It made $163 million.

I talked to the people responsible for forecasts to understand why -- and what it says about the modern film business.

www.bloomberg.com/news/newslet...
The Massive Blockbuster That No One Predicted
A Minecraft Movie took in more than $500 million in 10 days. Nobody saw that coming
www.bloomberg.com
April 14, 2025 at 1:05 AM
Shares in almost every major media and technology comapny have crashed over the last few days. I spoke to top analysts and executives to better understand how Trump's tariffs will affect their businesses.

www.bloomberg.com/news/newslet...
Trump Tariffs Will Make Entertainment More Expensive
We asked experts how his trade policy will impact the entertainment business.
www.bloomberg.com
April 7, 2025 at 7:13 PM
Minecraft is the first big hit of the year at the box office. It's on track to double the initial estimates for its opening weekend.

deadline.com/2025/04/box-...
‘A Minecraft Movie’ Mania Grips Nation, Opening Now At $130M+ For Warner Bros Legendary Pic – Update
'A Minecraft Movie' from Warner Bros amassed $10.55 million in Thursday previews, the best ever for a videogame movie. The outlook is a huge $100M opening at the box office.
deadline.com
April 5, 2025 at 2:59 PM
Two immediate impacts from tariffs:

StubHub paused plans for an IPO.

Nintendo delayed pre-orders for the Switch 2

www.bloomberg.com/news/article...
Nintendo Delays Pre-Orders for Switch 2 After Trump Tariffs
Nintendo Co. said it’s delaying pre-orders for the new Switch 2 due to concerns over the impact of global tariffs instituted by US President Donald Trump.
www.bloomberg.com
April 4, 2025 at 4:56 PM
A boston guy from a journalism family has one of the biggest true crime podcasts in the world.

@ashleycarman.bsky.social with the definitive @mrballen.bsky.social profile

www.bloomberg.com/news/article...
The True Story Behind MrBallen’s Crime Podcasts
John Allen, known online as MrBallen, operates a 70-person company with his Pulitzer Prize-winning family on staff.
www.bloomberg.com
April 2, 2025 at 4:44 PM
People watched more Suits on Netflix in 6 months than Suits on TV in 9 years. And that's not even the largest bump a show has gotten from Netflix.

www.bloomberg.com/news/newslet...
April 1, 2025 at 2:09 AM
A streaming service in India has 100 million paying subscribers for the first time. It's controlled by Asia's richest man. Is this an inflection point for the local media industry in the world's largest country?

www.bloomberg.com/news/newslet...
Asia’s Richest Man Takes Aim at Netflix, YouTube in India
More than 100 million people now subscribe to India’s largest paid video service.
www.bloomberg.com
March 31, 2025 at 4:35 PM
The New York Times was never a national destination for cooking recipes.

So how did it become one over the last few years? We spoke to the team behind the Cooking app.

www.bloomberg.com/news/feature...
New York Times Cooking App Finds Right Ingredients to Vanquish Rivals
After launching 10 years ago, NYT Cooking has succeeded in a crowded field with its blend of sleek videos, massive recipe catalog and an active community of home chefs.
www.bloomberg.com
March 19, 2025 at 1:49 AM
For this week's Screentime, I wrote an update the race to be the next CEO of Disney.

Find out who is in, who is out and who is lurking.

www.bloomberg.com/news/newslet...
Disney Executives Audition to Be the Company’s Next CEO
The two leading candidates to succeed Bob Iger have delivered public performances that address their perceived weaknesses.
www.bloomberg.com
March 18, 2025 at 1:28 AM
The biggest YouTube star in the world (@MrBeast) makes more money from chocolate than his entertainment business, according to two different investor decks.

We took a dive into one of the most interesting creator businesses around.

www.bloomberg.com/news/article...
YouTube’s Biggest Star MrBeast Makes More Money From Chocolate Than Videos
Beast Industries is looking to raise a couple hundred million dollars to expand into new areas, including video games, beverages and wellness
www.bloomberg.com
March 10, 2025 at 9:31 PM
It would appear Skydance is officially fed up with Project Rise, the group trying to scuttle its deal for Paramount.

www.bloomberg.com/news/article...
Skydance Refutes Project Rise’s Paramount Bid in Letter to FCC
Skydance Media, the independent movie and TV studio that’s seeking to merge with Paramount Global, fired back at complaints by rival bidder Project Rise Partners in a letter to the Federal Communicati...
www.bloomberg.com
March 10, 2025 at 9:05 PM
Four months ago, media executives hailed Trump as a more business-friendly president who would likely usher in a wave of dealmaking.

Now? Not so much.

www.bloomberg.com/news/newslet...
Media Moguls Were Excited for Trump to Make Them Rich. Are They Still?
The new administration has already caused problems for two major deals and isn’t making it easy for potential IPOs.
www.bloomberg.com
March 10, 2025 at 4:12 PM
I will do a reader mailbag for the newsletter in the near future. What questions do people have about media/entertainment meets tech?
March 5, 2025 at 10:40 PM
A few takeaways from Netflix's latest data dump:
March 3, 2025 at 4:28 PM