The big news this week is Google’s diversity dirty laundry being let out to dry, but in the spirit of keeping things light, we talk about Disney pushing its own content and more with Mark Starling on First News 570. You can listen in using the iHeart Radio player.
THE MOUSE HOUSE STUNS ALL AND SAVES ITS BEST STUFF FOR ITSELF
I’m not quite sure how I feel about this deal, but we all know that content is King. Disney will stop delivering NEW content for Netflix’s streaming service in 2019. It’s not completely a deal killer for Netflix, they’ll continue having the license of streaming Disney’s other content including the most recent Star Wars films. This news comes after Disney has announced investing $1.8 billion with a ‘B’ in the streaming service company BAMtech. Netflix has made no secret about its ambition of becoming a major creative content developer as well as producer. And Disney currently has streaming rights to Major League baseball, and arguably owns the world’s most valuable content. It’s going to be a tough call because the cable companies can do what they do because the cable subscription, venture model works. There’s going to come an inflection point in which consumers will be sick of being nickled and dimed for every streaming service they want to watch. But in turn, moves like this get rid of the gatekeepers and democratizes content delivery.
US MILITARY LETS SOLDIERS TAKE AIM: AT DRONES
The US military has given soldiers license to shoot down consumer drones that fly within 400ft of military bases. This comes after it became illegal to fly drones near bases this Spring. The law and policy were prompted by the military ordering its troops to stop flying drones made by popular manufacturer, DJI. DJI is a Chinese manufacturer and military is concerned that DJI drones may participate in cyber attacks. Drone warfare is quickly becoming a winning tactic, and the military is preparing itself. DJI is the best selling drone in America. If I could get on my high horse, maybe it wouldn’t be that bad if we made more high tech stuff in the US.
GRUBHUB BUYS EAT24 DELIVERY SERVICE FOR BIG BUCKS
It must be a sign of the times when food delivery services are being bought and sold at high valuations. The lazy man’s food delivery service, GrubHub has positioned itself to buy Yelp’s Eat24 for $288 million. GrubHub is an app platform that home delivers food from 55,000 restaurants nationwide to their local patrons. The purchase gives GrubHub access to another 40,000 restaurants and hungry people who are too pooped after a day of hard work to pick up their take out on the way home. I work in technology, and I’m a businessman, but it still boggles me how some simplistic businesses are worth hundreds of millions.