Rich Greenfield

And I just I can't imagine the company that he is synonymous with and built and created a fortune off of.

I don't believe he would be, you know, quote unquote, abandoning ship if he wasn't very comfortable in the direction the ship was heading.

I think it's still relatively simple, Ed.

They are sub-10% of time spent on televisions.

Forget about phones.

We'll get to that in a second.

But they are sub-10%.

YouTube is substantially larger.

Yeah.

you know, obviously TV in totality is far larger.

I mean, yes, Netflix dwarfs everybody but YouTube in a streaming world, but when you look at it on a total TV, meaning if you were to take ABC and ESPN and Disney Plus and Hulu, Disney's still bigger than Netflix in total.

So,

You know, like that's why the whole story during the whole WBD acquisition attempt when people were saying, oh, Netflix is a monopoly.

I mean, it's sort of absurd.

They're still sub 10 percent of the market for TV content.

And so I think the goal, honestly, is to capture more time spent.

I mean, I think that is you look at something like.

K-pop Demon Hunters, I think Netflix got its first real taste of a true franchise.

Sure, Stranger Things was very successful.

I don't mean to diminish the power of that content in any way.