Jason Calacanis on CNBC Squawk Alley 1/18/17: Trump attack tweets, Netlix snags Seinfeld, Apple | Summary and Q&A

TL;DR

President-elect Trump's aggressive tweets may excite supporters but lack collaboration and long-term effectiveness, while Netflix consolidates its power by investing billions in content.

Key Insights

• 🖤 Trump's tweets may appeal to some supporters but lack collaboration and a focus on ideas.
• 😫 Netflix's investment in content is disrupting the industry and setting new standards.
• ❓ Apple could potentially compete with Netflix if they ramp up their efforts.
• 💗 Netflix's subscriber base is expected to continue growing steadily.
• 🌱 Trump's repatriation plans could have a significant impact on the technology and media industries.
• ❓ The future of Trump's presidency is uncertain and unpredictable.
• 🉐 Netflix's content strategy of focusing on episodic content gives them an advantage over traditional networks.

Transcript

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Questions & Answers

Q: Does Trump's aggressive use of Twitter matter?

While it may excite his base, it lacks collaboration and long-term effectiveness. Bullying and attacking people is not an effective way to solve big problems.

Q: How is Trump's use of Twitter different from previous presidents' use of other mediums?

Unlike FDR's Fireside Chats and Reagan's TV addresses, Trump's tweets are characterized by tone, inaccuracies, and personal attacks rather than discussing specific plans and ideas.

Q: Why didn't Apple snatch up Jerry Seinfeld's content deal with Netflix?

Apple has been experimenting and moving slowly in the media space, but they may ramp up their efforts, especially if they repatriate money. They could compete head-to-head with Netflix.

Q: What should investors watch for in Netflix's earnings report?

The number of international subscribers and the steady growth of revenue are key indicators. Even with occasional fluctuations, Netflix is expected to be a leading company in the entertainment industry.

Summary & Key Takeaways

• Trump's use of Twitter to attack and bully people may be effective in the short term but lacks collaboration and the discussion of ideas.

• He is gaining a large following on his personal account, which could be valued at millions of dollars.

• Netflix's investment of $6 billion in content is unprecedented and is disrupting the entertainment industry.