Nilay Patel

Where are you situated in all this?

Yeah, but I would say middle-class artists are not more profitable than ever, right?

I mean that's what I'm curious about.

The music industry might make more money than ever, but it's Spotify and a bunch of big labels and musicians themselves are making maybe less money than ever.

When I look at – you open Instagram and there's the Monopoly man doing the Electro Breakers dance with Donald Trump.

Yeah.

I'm like, I think the only person making money here is Mark Zuckerberg.

Do you think the platform should have to pay you when your IP gets used in that way?

I'm also very curious about fandoms and IPs and how they live and die and how they persist and how they find new audiences.

Actually, Harry Potter is an example of this.

You have a big deal upcoming with Harry Potter.

That fandom, I can't tell if it's reaching younger people.

Or if it's just the particular audience of Harry Potter from its height getting older and having more money to spend.

And I can't tell if there's new fan creations happening that would sustain Harry Potter in a way that you might need that to sustain IP now.

Let me ask you about that.

This is why I'm asking about Harry Potter specifically.

I know what a Michael Bay movie is because Michael Bay made those movies.

He's the author of those movies.

And I think Michael Bay's entire worldview is explosions.

I know what his politics are, and it's like stuff should blow up more.