#ClearlakeOut #BlueCoOut

Shameless

Bring them back

#HoenessIn

Use the academy

Underappreciated

Nick Sleep with a great frame. Try to see a business not as a static balance sheet, but as an evolving, compounding machine. The key question may not be how efficient the engine looks today, but where it can take you over time.

Paramount+ subscribers pay double in subscription fees for each hour of viewing compared to the Netflix subscriber. All while accessing less and lower quality content. This is $NFLX’s scale advantage.

#McFarlaneOut #BlueCoOut