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Morning Brew Daily

AppleTV+ is Losing $1B/Yr & Boeing Banks Big Defense Deal

24 Mar 2025

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Episode 545: Neal and Toby dive into the latest trend of #RecessionIndicator and whether the US is actually in a recession or not. Then, Apple TV+ is reportedly losing at least $1 billion a year. Also, boxing legend and entrepreneur George Foreman dies at 76, and a look at his successful careers. Meanwhile, Boeing beats out Lockheed Martin to build the next generation of fighter jets. Plus, more companies are filing for IPO which may show signs the IPO market is finally thawing after a couple of slow years. Lastly, a look at what’s coming up in the week ahead.  Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Learn more at sophos.com Get your MBD mug here: https://shop.morningbrew.com/products/morning-brew-daily-mug  Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow

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Full Episode

0.603 - 19.528 Advertisement Narrator

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19.708 - 22.049 Advertisement Narrator

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25.08 - 35.146 Neal Freiman

Good morning, Brew Daily Show. I'm Neil Freiman. And I'm Toby Howell. Today, Apple may want to sever itself from its streaming service, which is losing $1 billion each year.

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35.486 - 47.814 Toby Howell

Then, does the BPM of Lady Gaga's new album mean we're on the verge of a recession? We'll dig into the hashtag recession indicator memes sweeping the internet. It's Monday, March 24th. Let's ride.

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52.076 - 69.005 Neal Freiman

Hope you all had a great weekend, the first weekend of spring. Odds are you didn't make it to a movie theater. Disney's Snow White live-action remake pulled in just $43 million in its domestic box office debut, a really disappointing haul for a film the company spent nearly $300 million to make.

69.365 - 79.251 Neal Freiman

In fact, the controversy-plagued Snow White posted the worst opening weekend of all Disney live-action remakes. Surely this will be the end of these remakes, Toby.

79.551 - 98.016 Toby Howell

I mean, I think you're spot on despite the controversies. People might just be a little over these things. I mean, how many uncanny valley CGI resurrections of our childhood favorites can the market stand? Disney is hoping at least one more, though, because we have a live action Lilo and Stitch coming down the pipeline in May.

98.376 - 112.244 Toby Howell

So we'll see if this tepid box office reaction was just a Snow White thing or if it speaks to a broader live action slowdown. Now, a quick word from our sponsor, Sophos. Neil, how good are you at solving problems before they actually become problems?

112.584 - 115.246 Neal Freiman

I'm more of a wait until things are on fire kind of guy.

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