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Hollywood Fights Back Against Online Pirates
Video sites with stolen content attracted 141 billion visits in 2023.
Kieran Ryan
July 02, 2024
Good morning, Nerders. It’s Wednesday, July 3rd. In today’s newsletter (3-minute read), we cover:
Pirates (no, not that kind) are stealing from the American film industry; Hollywood is fighting back
How much is NVIDIA really worth
How Krispy Kreme changed its business model to deliver fresher doughnuts
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TODAY’S STORY
Online pirating of TV shows and movies continues to plague the industry.
According to a new report from MUSO, a piracy tracking firm, video sites with stolen content attracted 141 billion visits in 2023, up 12% from 2019.
Many thieves have moved their operations overseas to places like Vietnam, where the top three English-language piracy sites are all located because there is a lack of precedent for enforcement against it.
Hollywood hopes to fight antipiracy overseas by lobbying courts to mandate internet providers such as Cox Communications, who are within the U.S. jurisdiction, to block these piracy sites.
Until then, online piracy will continue to undercut the industry.
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DATA BYTES
NVIDIA’s Valuation
Last month, NVIDIA was briefly the most valuable company in terms of market capitalization but still lags behind Apple, Microsoft, and Amazon in terms of last-twelve-months (LTM) revenue and EBITDA. Why does the market think NVIDIA should be worth more than the other giants? One of the major reasons is its growth rate.
According to Goldman Sachs, AI-related investments are expected to tally around $200 billion globally by 2025.
NVIDIA’s AI accelerators have between 70% and 95% of the market share for artificial intelligence chips.
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#SHORTS
How Krispy Kreme’s hub and spoke asset model delivers fresher doughnuts
@boringbusinesskieran How Krispy Kreme’s Hub and Spoke Asset Model Delivers Fresher Doughnuts #business #krispykreme #businesstiktok #foryou
STICKY NOTES
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4th of July is almost here.
Claim your spot at the park for 4th of July fireworks with this extra-large outdoor picnic blanket.*
Great for game night.
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PREVIOUS STORIES
McDonald’s is capturing Gen Z’s attention by leaning into “fan truths” and subculture marketing.
Yikes: Kia is somewhat responsible for The Kia Boys. Kia Optima sedans were stolen more than 30,000 times last year, and this only counts police-reported thefts.
U.S. automakers ask Costco to help them sell their expensive electric vehicles. Costco Auto has facilitated more than 500,000 vehicle sales annually over the past five years on average (~3% of all vehicles sold in the U.S. annually).
The Synapse bankruptcy offers a hard lesson on deposit insurance and the risks of fintech-banking partnerships.
Weight loss drugs compete for market share in China. China is estimated to have the largest adult overweight & obese population (~706 million people, more than 2x that of the entire U.S. population).
To read the web version of previous stories, click here
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Thanks for reading,
Kieran & Justin Ryan
