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  1. Goldman Sachs20 min

    Peter Chernin: The Future of Digital Entertainment

    Peter Chernin, John McCutchan, John McWhorter, Eric Schmidt, David Rockefeller Jr., Peter Singer

    John McCutchan leveraged his experience founding Fox News to establish Otter Media, where he successfully built a 2.2 million subscriber operation free from legacy media constraints. He contrasts this agility with the stagnation of platforms like Hulu, which he argues was suppressed by parent companies prioritizing ad revenue over a potential $175 billion market opportunity. McCutchan and Eric Schmidt further warn that traditional media faces an imminent crisis as all major direct-to-consumer streaming services currently operate with significant losses, necessitating a fundamental shift from brand marketing to customer-centric problem solving.