Episode 84: Decoding Q4 Earnings From Apple, Amazon and Alphabet; Lumen Shuts Down CDN; More Industry Layoffs Coming

The Dan Rayburn Podcast

This week, we discuss the key takeaways from Q4 earnings across OTT platforms and streaming vendors, including Apple seeing a "huge opportunity" with AI, YouTube's ad revenue growth of 15% and AWS closing out 2023 with $90.8 billion in cloud revenue. We discuss new numbers released by Amazon, which spent $18.9 billion on content in 2023, of which "approximately $7 billion" was spent on Amazon originals and live sports.
We also highlight the latest pay TV losses from Charter, nearly 1 million Xumo Stream Box's deployed, Plex's new round of funding, and Harmonic's update on the strategic review process of their video business. As Lumen officially shuts down its CDN and sells off some assets, we detail the history of its CDN business and its contribution to the industry for so many years. Finally, we discuss why 2024 is going to get a lot worse for layoffs across the video industry, streaming, pay TV, vMVPD, broadcasters, and content owners.

Podcast produced by Security Halt Media