Ted Sarandos

with every little glitch in the system, because it is AI slop.

I think a bunch of people will turn on the AI slop and they'll really even more value quality production.

I think it's a great evolution of the format.

So we tried talk shows over and over again.

And I think the format itself has kind of given way to podcasting.

I think the internet has kind of stratified things.

Everything.

Movies are either gigantic or tiny.

You know what I mean?

And there's kind of nothing in the middle anymore.

And I think with podcasts, it's kind of the same thing around people's appetite to hear an interview with someone that they're interested in.

They really want to hear this long, free-form interview with no makeup and guard down, just a real casual conversation.

And they don't care how long.

They'll spend three hours on these things sometimes.

Or they want the 30-second clip of it.

What they don't want is the overproduced seven-minute couch interview on the talk show that they used to tune into.

You know, when I was growing up, 45 million people a night used to tune into Johnny Carson and watch.

And so the whole country was into that.

Today, as you see, the late night ratings are not what they used to be.

It gets chopped up into clips and people are mostly watching it on social anyway.