A dispute between the NFL and Nielsen has spilled out in public. One reason for the back-and-forth: the audience-data firm’s measurement of streamers. https://t.co/Ewlv7RLEXb ...

Group 1: Costco - Costco has shown steady financial performance with net sales increasing at a compound annual rate of 10.8% from fiscal 2019 to fiscal 2024, despite challenges like the COVID-19 pandemic and inflation [4] - In Q3 2025, Costco reported net sales of $62 billion, making it the third-largest retailer globally, with an average of 4,000 stock-keeping units per warehouse, providing a significant cost advantage [5] - The company's membership model boasts a 90.2% renewal rate, driving customer loyalty and high-margin revenue [6] - Costco's shares are trading at a price-to-earnings (P/E) ratio of 53.9, indicating a high valuation that investors must consider [7] Group 2: Disney - Disney's cable networks are experiencing a decline, with revenue falling 15% year over year in Q3, and operating profit dropping 28% [8] - The company has successfully positioned itself for a streaming future, with Disney+ and Hulu combined having 183 million subscribers, leading to a 6% year-over-year revenue gain [9] - Disney launched a new ESPN streaming service aimed at enhancing the sports viewing experience [10] - The Experiences segment, including theme parks and cruise lines, reported a 27.7% operating margin in Q3, with management identifying 700 million potential customers with high Disney affinity [11] - Disney shares are available at a P/E multiple of 18.5, suggesting greater upside potential compared to Costco's high valuation [13]

Film Industry Trends - Streaming movie about a Korean girls band battling invaders from the underworld became the summer's biggest sensation [1] - "KPop Demon Hunters" is the most-watched Netflix original film of all time [1]

1,000 Songs Have Reached One Billion Streams On Spotify: Which Artists Have The Most? https://t.co/FOyG8JnR3c https://t.co/p9X97RsQcH ...

The pop star’s status has built up quickly. In the first half of 2022 her songs were streamed 73m times in America; in the same period this year, that number had jumped to 1.9bn https://t.co/OX9LqPi4xt ...

YouTube's Evolution and Dominance - YouTube accounts for approximately one-fifth (20%) of all internet traffic [2] - In the US, YouTube's TV viewership surpasses Netflix, Amazon, and all of Disney's TV networks and streaming services combined [3] - YouTube was serving 30 million videos a day to 9 million people a month within a year of its founding [6] - Google acquired YouTube for $16 billion [9] Financial Performance and Advertising - YouTube ads have consistently contributed 10-11% of Alphabet's total revenue over the past five years [15] - In 2024, YouTube ad sales reached $36 billion, nearly matching the combined ad revenue of Disney, Paramount, Fox, and NBCUniversal [15] Challenges and Competition - YouTube faces competition from platforms like TikTok, particularly in attracting younger audiences [28] - The platform grapples with content moderation issues, including terrorism content and advertiser boycotts [21] - YouTube is navigating the ethical implications of using its vast video library to train AI models [23][24] AI and Future Strategies - Google is developing AI tools for creators, such as translation and dubbing, to help them reach wider audiences [26] - The rise of AI-generated content poses a challenge for platforms like YouTube in terms of content quality and advertising [25][26]

Should I start streaming on Pumpfun? ...

And Netflix appears to have scored its first ever win at the box office. Industry sources say the animated viral hit K-pop Demon Hunters took in between 16 million and $20 million at the US box office. Combination of great animation, a fantastic soundtrack, but most importantly uh releasing this into the summertime where this demographic was thirsting for new content.This is a great example, Scott, of the type of content that Netflix is willing to try out for a very low budget and then be able to quick quic ...

Netflix's New Monetization Strategies - Netflix is exploring new ways to monetize its streaming hits and build fan connections, potentially establishing a new model [3] - Netflix tested a theatrical release for "K-pop Demon Hunters," grossing an estimated $18 million to $20 million over a 2-day run in 1700 theaters [2] - The "K-pop Demon Hunters" movie was a top streaming film in the US for weeks and the second most-watched English language film ever on Netflix [3] Expansion into Experiential Entertainment - Netflix is opening permanent "Netflix Houses" in Philly and Dallas this year and in Las Vegas in 2027 [4] - These locations will offer both free and paid experiences, including VR games, mini golf, screenings, and themed restaurants [4] - Netflix Houses aim to reinforce fandom and generate incremental revenue [4] - The company has previously hosted 40 different experiential popups around shows like Bridgetgerton, Stranger Things, and Squid Games [4] Industry Implications and Future Outlook - The industry believes people desire in-real-life experiences, as seen with the success of concert tours and movie versions of those tours [8] - Netflix's exhibitor strategy is rewriting the rules, moving beyond theatrical releases solely for awards qualification [10] - The industry is watching to see if Netflix will pursue more theatrical releases after the success of "K-pop Demon Hunters" and how theater chains will respond [11]

Summary of Key Points from the Conference Call Industry Overview - **Industry**: North America Internet - **Key Companies**: META, AMZN, DASH, UBER, EBAY, W, GDDY Core Insights and Arguments 1. **Positive Traffic Trends**: July website traffic data indicates positive trends for META, AMZN, DASH, UBER, EBAY, W, and GDDY, while online travel and SMB servicers show mixed trends [1][2] 2. **META Performance**: Instagram's minutes per daily active user (DAU) increased by 12% year-over-year (Y/Y) to approximately 53 minutes, attributed to AI ranking and recommendation improvements [1][2] 3. **eCommerce Traffic**: eCommerce web traffic remained soft in July, but app trends were more favorable, with Amazon's global monthly active users (MAUs) up 9% Y/Y and eBay's MAUs up 8% Y/Y [1][2] 4. **DASH and UBER Growth**: DoorDash's U.S. MAU growth accelerated to 21% Y/Y, while Uber's U.S. MAU grew by 5% Y/Y [1][2] 5. **App Download Trends**: ChatGPT remained the most downloaded app in the U.S. for the seventh consecutive month, despite a 6% month-over-month (M/M) decline in downloads [4][9] 6. **Digital Advertising**: Social media time spent in the U.S. increased by 1% Y/Y, with META's U.S. MAUs growing by 2.4% Y/Y in July [4][10] 7. **Streaming vs. Linear TV**: Streaming now accounts for 47.3% of TV viewing time, surpassing linear TV's 40.6% share, indicating a shift in consumer behavior [5][6] 8. **Google Search Stability**: Google's global search market share remained stable at 89.5% M/M in July, although it declined by 150 basis points Y/Y [5][6] 9. **GenAI App Usage**: ChatGPT's web unique visitors rose by 79% Y/Y to approximately 430-440 million in July, indicating strong growth in generative AI applications [5][6] 10. **eCommerce App Trends**: Positive app trends were noted for Amazon, Temu, eBay, and Wayfair, with significant growth in downloads and MAUs [6][7] Additional Important Insights 1. **Online Marketplaces**: DoorDash and Uber showed positive trends in app MAUs, while Instacart's MAU declined by 2% Y/Y [7][8] 2. **Online Travel Performance**: Mixed growth in mobile app and web traffic for online travel companies, with Airbnb's MAUs up 12% Y/Y [7][8] 3. **SMB Servicers**: GoDaddy's U.S. traffic grew by 7% Y/Y, while Wix's traffic decline improved to -5% Y/Y [7][8] 4. **Online Real Estate**: Zillow outperformed peers with a smaller decline in web traffic compared to Redfin and Realtor.com [7][8] 5. **Online Dating Trends**: Hinge showed positive growth, while Tinder and Bumble faced challenges with MAU declines [7][8] This summary encapsulates the key points from the conference call, highlighting the performance of major companies within the North American internet sector and the overall trends affecting the industry.