Matt is joined by Bloomberg's Lucas Shaw to briefly discuss Matt’s experience at the White House Correspondents' Dinner before diving into the latest struggles for Peacock after a first-quarter loss of $432M despite increasing its subscriber base by 22 percent. They dig into why the streamer is struggling despite its association with a very successful movie studio, its strong reality TV slate, and its valuable NFL rights, and discuss the overall paradox of the streaming business in 2026 (00:00). Matt finishes the show with a prediction about Netflix's new Los Angeles headquarters (25:23). Host: Matt Belloni Guest: Lucas Shaw Producers: Craig Horlbeck and Jon Jones Theme Song: Devon Renaldo This episode is brought to you by AMC+. Start your free trial today at join.amcplus.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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