NFLX has strong fundamentals (margin growth, global distribution) but faces long-term threats from AI content and strategic missteps like acquisitions.

Then we Netflix and About Spotify I will talk about that.

Netflix this Announcements of the week They did that. With Sega New Sonic Show and Sega IP Based on Creating a new show Contract for Did.

In the media Advertisement Best for Which place is it? This Netflix Homepage, right? Although Netflix You are that Doesn't give a chance. I Netflix Mention I did, which is next. Discussion Forecast,

Remember this. Reason Netflix too Something similar There is, but

Rather, I I will say, this Netflix How much is the multiple? It may be less- This proves it. We Netflix Talk about it now. I will say, but his Spotify before I'm done with it. The question is asked.

Take it, because I It seems like this. Netflix Also in case Relevant. I think it's over. That objection It can rise.

Hello, Daniel. One in 2025 Finally, the CEO position Move away from He stood up, Gave responsibility Kosciuszko, another Now Executive Chairman. I have very few of those. Remember the place.

Where is it reading? Founder, Dreamer And the CEO is like this Move away Standing. Of course he is now Executive Chairman, Completely removed Didn't go, but Right. I think so. Netflix Just looking at it You are the answer.

You will get it. Reed Hastings After moving away From Netflix Time for A bit difficult Gone. And whenever This happens when To think of you Will be, Dreamer What to expect He managed to do that.

The next few A little bit of a year To be difficult Going? Maybe I stand aside, Organize your resources Take some. Let's take a break and Someone else this Hard times To handle I take responsibility.

So, in my opinion Is Spotify This is the case. It will be the end. Important Objection or doubt . And that Logical. And That's logical. And I think Somewhat Adverse There is also an election, Because you are right.

Said the CEO Than us You know more. Sometimes they Very good Goodbye in a state Want to take. In between Sometimes it is heard, I mean, the things To confuse I don't want to, but Steve Jobs moves on.

After leaving About Apple Many are quite Doubtful Was. And the team No cook at all. Creative people No. But mine It seems, look, This is a Controversial Opinion. In general My Personal In experience, Many CEOs To work under Then I think They Exaggerated.

I think so. They are very Quarterback Like. In my opinion They Availability More than Achievements and Extra Sharer of blame Be. I think Current CEO One Technology or Engineering Background Came from.

This is basically a Engineering Products and stars What to try to do Doing, I mean They make songs. Not doing it. They A Platform Making. They are from this Best Economic Getting benefits Trying.

I think this. The trend Executive Suit limits Much bigger than . So Management Change I am very More important I don't give and Margin Growth Through Evidence Already Matched. You Know that Daniel one Not to be Despite the last 3 Margin per year Has grown a lot.

And I think It will increase further. CEO Exaggerated—this I am in the matter. With you Disagreement I will. I agree. I think so. Most CEOs Exaggerated, but Since you Quarterback Examples We gave I live there.

I think this is it. Such a thing Where a big Opportunity for success There is. Their Most of them Exaggerated, But if The best three Someone among There is, for example Patrick Mahomes or Tom Brady.

Why are they Next year's trophy Take it in hand? If To you The best of the best If there is someone, In my opinion they are Actually Undervalued And always less Remuneration Gets.

If we Let's talk about the NBA. , max Paid Due to the contract When LeBron In the best form Stay, even then He is much more Undervalued. I think so. Mahomes and Bradio Many Undervalued Because they win. and Continuity Pay the price.

I I don't know. Daniel one About, however From zero to this Build a business To lift He must A great one Founder. He is this. Awesome The company Started . I don't know. He is one of the best.

Multi- Billion dollars Was the CEO? No. I think He was, however. I am with you. Agree that Most CEOs Exaggerated. However Daniel one, Or many of them With something My disagreement Even though Elon Like a mask Three such- We are four people.

Maybe I'll find it, A thousand times Engineers To speak in a language If they go, Success There are many possibilities. More. I will say, These people Always Undervalued Was and still is There is.

Mark Zuckerberg, With whose meta You work a lot. Did it, him too I probably do this. I will put it on the list. . I know, the cost People with Their mistakes or Correct evidence Trying to do Will do, but This is mine. Disagreement Place.

Let's go. On Netflix Let's go. Netflix The matter is quite Interesting. I If a skilled Podcast host I would, but they Beginning of the year Share price from How much has it decreased and Warner Brothers After the proposal How much has decreased?

To tell it I could, but that A lot, right? For the stock This is quite difficult. Time is passing. People are quite Curious, Warner Brothers Immediately after the agreement Critics It was saying, "They Their In statistics What is it that you are looking at?

Their All time The first big one Acquisition Is it necessary?" And we do that. Talk about it too. I said. I think I don't do that. A contract Take them To blame Should, which is now What is not happening and what Six months ago It's past.

But they are their KPI or key The indicators too Somewhat Changing, This kind of The matter is ongoing. The share Recent Income Report After its decline Done. So This is quite difficult.

Situation Through Going and I think so. Your Perspective Different, I am very Bullish Investors This close up I heard. Bill Ackman, A prominent person Investor Who is 2022 The recession of 2018 Time share Sells Gave it, now He is back again.

Come, I am like this. Many people I know those Regularly it Follow. I think so. Very bullish The investor himself Said, "Yes, This is ours. Expectations Best according to Not in position, But Business direction "Pretty good."

A lot. During the day This is now the most Cheap Going. They Thinks this. Really Interesting. " They Streaming Winning the war "It's done." So I Now the matter Towards you I want to highlight.

As we sit today Yes, today. What date is 16? September? Share price 70- On top of its roof Towards. About the future If you think about it Netflix With you What is the opinion?

I think this is it. Quite Impressive That was Ackman Pershing Publicly Their The decision is big. In size Change Did it, because I To many such people I know someone who Error in sharing Proven After that, There's no going back.

People him Satire about Does. They say, " I am mine. Target "I will fulfill it." He For 200 dollars Buy shares for 150 Selling in dollars Did— Split account No—and now He said it was 500.

Buying in dollars. What a fool! I I say, "Friend, Do you know? How hard is it?" I always do this. Come to the podcast And let me say that Chart top Going towards And I think I take the opportunity.

I missed it. He is not right. It's a big deal if you make a mistake. No, this is his Mental Flexibility that, " I am one of them. Missed opportunity I did what Three times increased, But mine It seems like an opportunity.

It's still there. Really Incredible Mental Flexibility and I think so. Everyone should have it. Should. Human Such power It is necessary to be. So, I Totally agree. . Excellent Point.

So, yes, I think he/she Decision Change To do Wise There was work.

Many deals are no It is logical. No. Their Margins are increasing. No. Netflix In case The man that About the issues Picky, Paramount In case I Never like that. I don't see it.

My It seems here Just wow. To give The tendency is high,

Success The only one The criterion is The deal Is it done? No. But we Here Listen, I think so. Netflix A value Stocks and their Just their job. Okay. I have to go. My Idea, a lot Human Thoughts Still the same old one In the world Stuck, special By the media In case.

Many people There is bias. That, the show that I I saw it. Did you like it? No? But you When a Global Streaming Service, then You must remember, Without YouTube Netflix itself The only one True Global Streaming Service.

So, Just how many stars? She won an Emmy. Based on Can be judged No, although that The number is large, Or any one Popular Shore Based on Not even if you do, because These come and Goes.

I know. No Netflix People's ideas Can change What or not. This I have a few years That time before Reminding you When people give Said, "Apple No more innovation "Doesn't." The last When are they like this?

Any product Which was made Surprise you. Did you do it? " Well, you know what? ? Sometimes That's theirs. It is necessary to do It doesn't read. They Their criteria has changed and Giving them The answer is, they Now profit To look at wants, and in this People are angry.

Went. Something Nothing to do. Agreed I have to take it. Because that's the truth. . And if Margin like this It keeps growing, I think so.

Netflix Operating Margin 30 There is a room and Around 40 Moving forward, Okay? People Get angry if you want. There may be, But I Sitting here like this I won't talk about that.

A Company income In two-digit numbers Growing and Margins are increasing, That is, if Income Growth Look, but that About 20 Percentage Nearby.

I Also in the last podcast I said, More about the matter Too much exaggeration I will say no, Netflix Their Content Library More than To receive benefits Incredibly Has become proficient .

So, they are now Cool 'or Trendy In the battle to stay Rather than winning Business More towards Paying attention, Because in that war Going to win Finally Go bankrupt.

But healthy Brain Someone claims it. Can't do it. That it is profitable To achieve A good one The decision was . So, yes, Stock price is low Let it be. Disappointing people Let them be.

Their margin It will continue to increase, PE ratio 18 Decreased from 17 to Will come, then Again Will be evaluated . Audience and Viewers I warn you, I think it's over. Until they Perhaps another A big one Acquisition Will run after.

Oh, Acquisition Bad in Nothing. My It seems like this. That's funny. They 3 years ago What did someone say? Based on that Make them Stuck on the idea He has kept it. 3 years Before we We said Any acquisition I won't.

Yes, That's right. Yes, But 5 years Passed. And we all To the competitor I finished. And now we have, You understand, One billion User- There is a bell. We now Media Companies From the cemetery Various things Must buy. And Netflix I am one of them.

Stay. Netflix Best YouTube Choose the stars Taking, ever Exclusive In agreement, never Non- Exclusive In agreement. They are YouTube. A lot of them Pilot season As Using.

Yes. I am I Trying More names To bring. People are different. Kind of idea Looking for. My It seems boring. And Uncle or Boring and Unattractive Here's the thing. Different ideas And I think Netflix To win this There will be.

Me me The most Interesting topic To start with Day. I mean, The most Not interesting However, one Interesting topic . AI video Rise, you. You know, For a long time I thought so.

Value Investing For Netflix The model is such that, As you are Said, their Global Distribution There is, one of them Billion User There is. When They are not Content Price Determines, Then it is one.

Billion User Based on Does; Everyone else 500 million, 100 Million or 200 Over a million Based on . So the content The price is high. Less, all of them There are advantages, They are their own.

To create a hit Maybe, for example 'Suits' For what they did, or such Any old Media Property which Common In the media Failed. But On Netflix Come and be a huge hit Done. That's it.

Was completely bullish Or optimistic Subject. Right. Someone them With scale To compete You can't.

AI- Generated Content Rise, you. You know, this Two-way work Does. First of all, The Facebook call Listen and Listen, they How is that saying? Advanced AI Algorithm People Instagram and others On the platform 10% more time To spend Helping.

So, one Number, AI is small. Formats Content More in the making Becoming proficient Which you Repeated loop Stuck in Keeps and Netflix That old one The argument that Our most Big Competition Not HBO, but Sleep or other Something, right?

Short-form Content Very very much indeed Popularity Getting and AI Content Utthan TV The shows are made. To do and Algorithm AI show with Makes it easy to make Giving. Netflix Maybe AI in the future Generated Competition Very big rise It's going to happen.

Netflix With Related As AI About you What are you thinking?

I am something. Usage Example or Real AI noise To see examples I want what people want. Attracts, Then I do it. I will think more about it. . I am The novelty I understand. I mean, I I don't know.

Can I see you? Stop for a moment. Can I say? I Your words I understand, But AI It means Where is the future? Going, What is currently It's not. And You know, That old one of mine About the video I remember what Only two years Previously, where Will Smith Cheeseburger He was eating.

What do you think? Is that there? Yes. And the viewers Don't know, they I'm talking about you, Will. Smith's Cheeseburger One to eat AI-generated There was a video. Where will In the hands of Smith There were eight fingers.

And to see him A lot Spongebob Squarepants It seemed like. It's a cartoon. It was so bad. But that Only two years As before. And Current affairs If you think about it, if you Do that, but You are absolutely Realistic Will Smith Cheeseburger Eating video You can get it, so No?

I understand. I can, you. Still AI Content That way To be popular Didn't see, But it's quite Great clips. Can create . A few days ago I An AI- Generated Sitcom I saw it, That's a lot.

Entertaining There was no, but If someone had said,"Hey, This is a sitcom. . "You might He would say, "Hmm, Sometimes something Strange There is a quarrel, But yes, The matter Roughly Understandable.

"I mean, I am today. Situation I'm not talking, But if I This has been going on for 2 years. I drive and one If the author is AI Keep an eye on And said,"This is Looks good. No. "" This Change.

" I Definitely. Such a World imagination I can do it. Where 2 years You are in AI. With a' Friends' Copying the show You can do it, Where six people Interesting Friend chat Giving and Telling jokes, and One True The author is Observation Made the show Doing.

I do that. I see. And to me This is quite a big one. Feel the risk Happening.

It can happen, But look, I think if These things Gains popularity, But first of all, that Actors first I'm worried, They are ahead. Come and Performers Union and Guilds Will confirm.

That they should Gets a part, Because they are not Compensation Without them Reflection To use Will not give. But is it scary? Why not? Reason Yes, if I Friends' Let's make something like, For example, new Episode, however Of course I am.

Jennifer Aniston I will give you money, so No? But scary. Why is this not the case? That I am Jennifer. Aniston's Looks like Should I make someone? I am its name. Friends' Keep No, I'll keep it.

Acquaintances 'And there Six people look the same. Kind of person There will be another one. Author AI Using The whole thing Will make. Then you Who is sued? Will you? I am. Jennifer Aniston Using No, I am ordinary.

Any To the person I am using. I mean here Someone you know No face. I Actually worried That internet All that nonsense. Filled with content Will go. I think so.

I repeat, this is Basically a YouTube Phenomenon or The incident, which In this case Netflix and YouTube Running in Larger A fight Chapter, maybe A sub-chapter .

And I just I will say this, Media In history, Each Through, my It seems that people As much as it Actually the formula- Dependent, his More than I think Did. You You know, the media.

In every era, You are the best. If you take a show or a joke You will see, Their Many in imitation Made something What happened in time To capture the demand Tried. Me again Children Towards entertainment Going back, Because in my mind Either children In entertainment The cycles Works quickly, Because always New baby born Who is taking Previous events About No memory.

What happened and what Netflix Hard Location It proves that That is, last year. NFL Opening The game In Brazil What happened? On YouTube Broadcast and about 17 Million viewers Saw it.

And this year The game In Australia is, which On Netflix is shown and About 19 Million viewers He saw it.