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Cyan Banister

๐Ÿ‘ค Speaker
692 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

And Michael Ovis is the best. I love that man. And he re-imagined how an industry could operate. And he put the power back in the hand of the artists. That's why it's called the Creative Artists Agency. And he fought for these artists and basically started packaging these deals that were full packages where they developed everything and then worked with the studios on financing and distribution.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

And Michael Ovis is the best. I love that man. And he re-imagined how an industry could operate. And he put the power back in the hand of the artists. That's why it's called the Creative Artists Agency. And he fought for these artists and basically started packaging these deals that were full packages where they developed everything and then worked with the studios on financing and distribution.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

It's still that way today. And unfortunately, kind of like all protectionist rackets that exist out there, they don't want to adapt to the times and the times are changing. And now we have Netflix. In the beginning, they were pretty short-sighted. They thought that DVDs coming in the mail was like the Holy Grail. They didn't see where the evolution of this thing was going.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

It's still that way today. And unfortunately, kind of like all protectionist rackets that exist out there, they don't want to adapt to the times and the times are changing. And now we have Netflix. In the beginning, they were pretty short-sighted. They thought that DVDs coming in the mail was like the Holy Grail. They didn't see where the evolution of this thing was going.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Kind of like Napster disrupted the music industry and we ended up with Spotify. We haven't ended up with... a new model for how studios operate. We're starting to see some interesting things happening with like NFTs and Web3 and distribution techniques for content that have never been tried before.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Kind of like Napster disrupted the music industry and we ended up with Spotify. We haven't ended up with... a new model for how studios operate. We're starting to see some interesting things happening with like NFTs and Web3 and distribution techniques for content that have never been tried before.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Whenever you have gatekeepers who are the only people who are putting out content, that means that there are millions of voices that aren't heard. And I believe that every voice has a chance to be heard and ought to be heard, even if you don't like what they have to say, because how else can we get to the right answers if the full discussion isn't happening?

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Whenever you have gatekeepers who are the only people who are putting out content, that means that there are millions of voices that aren't heard. And I believe that every voice has a chance to be heard and ought to be heard, even if you don't like what they have to say, because how else can we get to the right answers if the full discussion isn't happening?

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

So the movies that we're seeing right now are dumbed down for general audience appeal. They're made to make the most amount of money possible, but they're not made to teach you potentially how to live your life differently or to question yourself.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

So the movies that we're seeing right now are dumbed down for general audience appeal. They're made to make the most amount of money possible, but they're not made to teach you potentially how to live your life differently or to question yourself.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Art has an amazing way of moving the needle of culture and for opening people's minds and hearts to subjects that they might not have otherwise thought about. And so I'm afraid right now we're in kind of a monoculture where there's only a few people making content and they have an agenda. If you look at a lot of this content, it's being censored by the CCP.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Art has an amazing way of moving the needle of culture and for opening people's minds and hearts to subjects that they might not have otherwise thought about. And so I'm afraid right now we're in kind of a monoculture where there's only a few people making content and they have an agenda. If you look at a lot of this content, it's being censored by the CCP.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

We're not even allowed to criticize China in any of our film. We should be allowed to criticize China in our films. That should be okay. And the fact that we're not alarmed by this to me is kind of nuts. I would want to bring transparency to accounting and the studio model to where everybody understands the waterfall and understands who's getting paid what and how.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

We're not even allowed to criticize China in any of our film. We should be allowed to criticize China in our films. That should be okay. And the fact that we're not alarmed by this to me is kind of nuts. I would want to bring transparency to accounting and the studio model to where everybody understands the waterfall and understands who's getting paid what and how.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

I would love to give power to artists and to the early believers in that system. So for example, in venture, angel investors can invest in a company and we have a lot of upside protection.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

I would love to give power to artists and to the early believers in that system. So for example, in venture, angel investors can invest in a company and we have a lot of upside protection.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

So the later investors come in and save the day of the company, maybe they have some preferences, maybe some things happen where they get rewarded, but you should never screw over the first people who believed because you would have never had the opportunity in the first place. to invest later on if you screw over those first people who believe.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

So the later investors come in and save the day of the company, maybe they have some preferences, maybe some things happen where they get rewarded, but you should never screw over the first people who believed because you would have never had the opportunity in the first place. to invest later on if you screw over those first people who believe.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Hollywood is totally based off of screwing over those first believers. And so there's a lot of people who put money in or wrote a script or did a lot of things that they don't ever recoup that money. It's only the later stage investors who do. I just really, really think that ideas have to flourish. I'm a First Amendment nut.

Invest Like the Best with Patrick O'Shaughnessy
Cyan Banister - Investing for a Higher Purpose - [Invest Like the Best, CLASSICS]

Hollywood is totally based off of screwing over those first believers. And so there's a lot of people who put money in or wrote a script or did a lot of things that they don't ever recoup that money. It's only the later stage investors who do. I just really, really think that ideas have to flourish. I'm a First Amendment nut.