Summary
The Vergecast's season finale features an extended analysis of FCC Commissioner Brendan Carr's testimony before the Senate Commerce Committee, where he defended his authority to regulate broadcast television differently from cable and internet platforms. The hosts argue this represents a dangerous expansion of government power over speech, while also covering major streaming industry shifts including Netflix's expansion into sports podcasts and video games, YouTube's acquisition of Oscar broadcast rights, and the collapse of the metaverse narrative at Meta.
Insights
- Brendan Carr's regulatory approach represents a fundamental shift in conservative policy from deregulation (as advocated by former FCC chair Michael Powell in 2012) toward active government control of speech, justified by outdated broadcast-era regulatory frameworks that no longer reflect consumer reality.
- The streaming wars have created a stark bifurcation: Netflix and YouTube are decisively winning while other services (Paramount+, Peacock, Prime Video) face existential challenges, with no viable middle ground for competing platforms.
- Regulation by enforcement—selectively applying existing rules for political outcomes rather than writing new legislation—undermines rule of law and creates unpredictable business environments, as evidenced by Carr's targeting of Jimmy Kimmel while ignoring similar content on other platforms.
- The metaverse has effectively died as a strategic priority despite Meta's massive investment, revealing how pandemic-era tech bets collapse when external conditions change and companies fail to pivot toward actual consumer demand.
- AI integration in consumer products remains largely superficial (chatbots, web shortcuts) rather than genuinely transformative, with real innovation happening in smaller, local models and practical applications like extended-range electric vehicles rather than speculative interfaces.
Trends
Regulatory capture through selective enforcement: Government agencies using discretionary power to target political opponents rather than enforcing rules uniformly across industriesStreaming consolidation accelerating: Winners (Netflix, YouTube) expanding into adjacent categories (sports, podcasts, gaming, awards) while losers retreat to library-only modelsCollapse of pandemic-era tech bets: Metaverse, VR, and other speculative technologies losing momentum as consumer behavior normalizes and capital redirects to AIHybrid electric vehicles emerging as practical EV solution: Extended-range EVs with generator engines solving real consumer concerns about range and towing without requiring full electrificationAI as feature, not platform: Enterprise and consumer adoption focusing on narrow, practical applications integrated into existing products rather than standalone AI servicesAntitrust enforcement creating perverse outcomes: Blocking acquisitions (Amazon-IHeartradio) without enabling alternatives, resulting in worse outcomes for consumers and workersSocial network federation stalling: Blue Sky and decentralized protocols failing to gain traction as growth remains dependent on algorithmic discovery rather than contact importingAward shows as declining assets: Broadcast networks abandoning traditional awards programming to streaming platforms, indicating loss of cultural relevance and advertising valueCorporate dark patterns persisting: Companies (LG, Microsoft, Peacock) continuing to implement user-hostile features (forced app installations, misleading ads, aggressive ad placement) despite consumer backlashLocal news consolidation crisis: Sinclair and Tegna ownership of broadcast stations creating centralized control of local news while appearing to be local, enabling political influence at scale
Topics
FCC Regulatory Authority Over Broadcast TelevisionGovernment Censorship and Free Speech RegulationRegulation by Enforcement vs. Rule of LawStreaming Service Market ConsolidationNetflix Expansion Into Sports and GamingYouTube's Acquisition of Oscar Broadcasting RightsMeta's Metaverse Investment CollapseExtended-Range Electric Vehicle TechnologyAI Model Integration in Consumer ProductsBlue Sky Federation and Social Network GrowthAntitrust Enforcement and Market OutcomesLocal News Ownership and Political ControlBroadcast vs. Cable Regulatory DisparitiesUnitary Executive Theory and Agency IndependenceStreaming Service Go90 Scale Rankings
Companies
Netflix
Expanding aggressively into sports podcasts (Barstool, iHeartRadio), video games (FIFA), and acquiring Warner Bros. c...
YouTube
Acquiring rights to broadcast Oscars starting 2029; positioned as dominant platform with zero risk of failure; encroa...
Meta
Pausing VR operating system licensing program; metaverse investment effectively dead despite massive spending; pivoti...
Paramount Global
Attempting hostile takeover of Warner Bros. with Saudi backing; rated 85/90 on doom scale; losing cultural relevance ...
Amazon
Blocked from acquiring iHeartRadio by regulators; Prime Video rated 70/90 on doom scale; at risk of abandoning stream...
Apple
Apple TV+ rated 60/90 on doom scale; has Ted Lasso and other originals but lacks clear strategic direction; dependent...
Comcast/NBCUniversal
Peacock rated 64/90 on doom scale; adding aggressive ad placements (arrival ads); owns Olympics rights but lacks orig...
Warner Bros. Discovery
HBO Max rated 75/90 on doom scale; target of Netflix acquisition; facing inevitable consolidation despite quality sho...
Disney
Disney+ rated 1/90 on doom scale; paid $1B to OpenAI while licensing IP; sent cease-and-desist to Google; inconsisten...
Ford Motor Company
Canceling F-150 Lightning; pivoting to extended-range EVs with generator engines; practical solution to EV range conc...
LG Electronics
Installing non-deletable Microsoft Copilot shortcuts on WebOS TVs; forced to allow deletion after consumer backlash.
Microsoft
Copilot integration across devices; running misleading ads showing capabilities that don't exist; using fake companie...
Google
Launching Gemini 2 Flash; developing smaller, faster AI models; competing with OpenAI on model efficiency and cost.
OpenAI
ChatGPT app store launching; integrating with Instacart and DoorDash; receiving $1B investment from Disney.
Sinclair Broadcast Group
Owns multiple local broadcast stations; consolidates local news control; subject of FCC regulatory scrutiny under Bre...
Tegna Inc.
Major local broadcast station owner; consolidates local news control; subject of FCC regulatory scrutiny.
Bluesky
Implementing contact import feature with privacy protections; struggling to grow against Threads; attempting federati...
Threads
Meta's Twitter alternative; reportedly gaining users faster than Bluesky; lacks algorithmic discovery features.
iHeartRadio
Blocked from Amazon acquisition; being sold to Chinese company; represents antitrust enforcement creating worse outco...
Edison Motors
Canadian startup retrofitting semi trucks with extended-range electric powertrains; facing regulatory challenges with...
People
Brendan Carr
FCC Commissioner; testified before Senate Commerce Committee; asserts authority to regulate broadcast speech; claims ...
Michael Powell
Former FCC chair and cable lobby head; argued in 2012 that broadcast regulation should be deregulated; proven correct...
David Pierce
Vergecast host; former AOL employee; analyzed Brendan Carr's testimony and regulatory overreach; covering streaming i...
Nilay Patel
Vergecast co-host; decoder host; analyzing FCC regulatory authority and streaming market dynamics; covering AI integr...
Ted Sarandos
Netflix CEO; defending theatrical releases; negotiating Warner Bros. acquisition; positioning Netflix as content comp...
Mark Zuckerberg
Meta CEO; invested heavily in metaverse; pausing VR OS licensing; pivoting to AI and glasses; facing criticism for fa...
Bob Iger
Disney CEO; paid $1B to OpenAI; licensed IP to OpenAI; sent cease-and-desist to Google; inconsistent AI strategy.
Andy Jassy
Amazon CEO; at risk of cutting Prime Video budget; responsible for failed iHeartRadio acquisition attempt.
Tim Cook
Apple CEO; supports Apple TV+ despite unclear strategy; can summon Oprah; dependent on his continued backing.
Larry Ellison
Oracle founder; backing Paramount's hostile bid for Warner Bros.; trading Oracle stock for Warner Bros. stock.
Jared Kushner
Dropped out of Paramount-Warner Bros. deal; previously involved in financing; deal now considered unlikely.
Ed Markey
Senator; questioned Brendan Carr; accused him of weaponizing broadcast rules; practiced line of attack on decoder.
Amy Klobuchar
Senator; questioned Brendan Carr about Trump's speech; failed to follow up on broadcast vs. internet distinction.
Jimmy Kimmel
Late-night host; criticized by Brendan Carr for political satire; subject of FCC regulatory threats.
Sam Altman
OpenAI CEO; receiving $1B from Disney; benefiting from regulatory confusion around AI governance.
Will.i.am
Music producer; announced Inbox Sound Drive for Mercedes; feature canceled within one year; history of failed tech an...
Andrew Bosworth
Meta CTO; runs Reality Labs; defending metaverse investment; claiming category still viable.
Jennifer Pattison Tuohy
Verge reporter; broke iHeartRadio antitrust story; covering consequences of failed Amazon acquisition.
Quotes
"I have the power to treat broadcast differently, and I am going to use it."
David Pierce (summarizing Brendan Carr's position)•Early in episode
"Regulation by enforcement is corruption. Pure and simple."
David Pierce (comparing to crypto industry complaints)•Mid-episode
"The idea that the broadcasters should be treated differently than any YouTuber makes no sense to anyone anymore."
David Pierce•During Carr analysis
"You're weaponizing the rules."
Senator Ed Markey (to Brendan Carr)•Hearing testimony
"If Congress wants to change it, you're free to change it."
Brendan Carr (on FCC regulatory authority)•Senate testimony
"Do a good job is a remarkably unexplored option in all of this."
David Pierce•Streaming services discussion
Full Transcript
Support for the show comes from L'Oreal Group, the global beauty leader, defining the future of beauty through science and technology. L'Oreal Group create the beauty that moves the world. How can we understand the decisions facing the United States and Israel and Iran as they weigh next moves in this war? War that was meant to prevent from reaching a bomb eventually might push them beyond the rubicon and to have that bomb. I'm John Feiner. And I'm Jake Sullivan and we're the hosts of The Long Game, a weekly national security podcast. This week, former Israeli defense intelligence officer Danny Strenowitz joins us from Israel to discuss the war against Iran. The episode's out now. Search for and follow The Long Game wherever you get your podcasts. Is the market due for a record? Don't tell me about the probability or improbability of something happens because on certain moments you can throw that all out the window. All assets become correlated. It doesn't matter what you thought the probabilities were. Given enough time, it's not that anything can happen. It's that everything will happen. I'm Pete Barara. And this week former chairman and CEO of Goldman Sachs, Lloyd Blankfein, joins me to discuss his new memoir and the economic impact of war with Iran. The episode is out now. Search and follow stay tuned with Pete wherever you get your podcasts. Welcome to the flagship podcast of the Senate Commerce Committee. This is more just. We're going to work so bad. You and I are going to sit here on the dais and we're going to yell at each other for three hours. Can I just tell a story when I was a baby and I worked at AOL? I'm David Pierce. He's me, Lebtel. What's up? Let me tell you a story for my ears. Some a little baby. I'm like, I don't know. I'm 25, 26. I work at AOL for Engagement. I'm covering the early innings of net neutrality and mobile broadband. I get the bright idea that I should testify in front of Congress. This becomes like a life goal. I was drinking a lot of the time. I was full of extreme confidence. These dummies, they need to hear from the consumers on the ground. I will channel the Engagement, Comment, or Base until Congress what's up. Action out. I said, that would have been sick. I should still do this. That would have been nice. I'm like, how do I do this? I was like, I work for AOL. I get a meeting with AOL's general counsel. I want to testify in front of Congress. Legitimately, they were like about what? I was like, Internet access. They're like, you know we run, dial up, Internet. No, absolutely not. We went back and forth at the very end. They're like, what specifically is your ask? You have to ask me for something. I was like, put me in front of Congress. And they were like, that is not an ask. No, they're like, setting me out of the room. I love this theory that you can just like apply to speak in front. Like, Congress has office hours. And then like, what's the week you can just go testifying? I was like, this is a great publicity for us. And he's like, you're going to tank our dial up business. So we don't want anyone pay attention to you. It's like, short tank, but Congress. It was a good idea that, you know, now that I've said out loud, it would be a good idea now. It's pretty good. All right, we have a lot to get to today. We have, I think the surprise that will not be a surprise to anyone who has ever listened to this podcast before. First, one very quick piece of housekeeping. A lot of people have been asking. So I should tell you that we are in fact doing a live verge cast at CES, Nealion. It's going to be you and me. We're going to be on stage. We're going to have a blast. It is going to be 3.30 p.m. in Vegas at the Brooklyn Bowl, which is like not on the strip, but it's a cool place near the street. It's great. You'll figure it out. We're going to get away from the vibes of the strip and come to where we are. It was great last year. It was so much fun last year. It was really fun. And we're, we're, we have a link. You can RSVP. You can come. And if you're a verge subscriber, I have a good authority that you're going to get to go bowling with us after. You know, David keeps making this promise. And I think he's just trying to make it true. I, it's in, it's in the invite. David, and you can just say stuff pierce. It's a full effect right now. I am just speaking. It's 2026. David speaks all of his desires into existence. This is what we're doing here. There have been pitches for what if we bow during the show? And I think a series of people have made clear that that's not a good idea. So anyway, Wednesday, January 7, 330, Brooklyn Bowl. If you're going to be in Vegas, come hang out. We would love to see you. All the infos in the show notes, we finally have a page for it. So come hang out. If you have questions, you know how to find this. And Neelah, this is the last verge cast you and I are doing together in 2025. We're going to disappear into the holidays for a while. We have the spectacular coming next week, but we've already recorded that. So that's done. This is the last time you and I are going to make a podcast together for a couple of weeks. I have a number of notes for you. It's time for your performance. Someone that we talk about a lot on this show did us an enormous favor. Oh, no. Because this, this, you could call the season finale of the Verge cast, which means it is the season finale of America's favorite podcast within a podcast. Brendan Carr is a dummy and Brendan Carr for us went in front of the Senate Commerce Committee and said a bunch of insane things. The people have demanded that we talk about this. They have demanded that we talk about this. So we need to talk about it. So it is my friends once again time for Brennan Carr's dummy. Neelah. No, boy. Welcome, my friend. He was a real dummy this week. He was an explosion of Brendan being stupid this week. In front of the House. In a row. Yeah. Can I just preface this? Can I just try to lay a foundation here for all of the names and about to call Brendan Carr? By the way, you know, you know it's hot when we get more emails about Brendan Carr than party speakers in a week. We get a lot of emails about party speakers. There's one particular clip that we're going to get to in a minute that a bunch of people sent us and they were like, this is, this is perfectly packaged for David and Neelah and the Verge cast. And it is like, it's one of those moments where it's like, well, we've built something here. Yeah. If you understand this as Verge cast fodder, we have accomplished something. Look, if I have a criticism of the Democrats as a whole, it's that they have no idea how to create or shape public opinion. And I'm telling you, it's just repetition. And if you just say a person's a dummy every week for a year, you're like, oh, that guy's a dummy. You can just do it. And yeah, let me lay the foundation because I'm going to call him a lot of names. And I think, you know, people have whatever feelings about my politics or the Verge's politics that they want to have. But I'm going to point everyone before we begin to an interview I did in 2012. 13 years ago with Michael Powell, who was at the time, the head of NICTA, which is the big cable television lobby. And before that was the Republican chairman of the SEC. Michael Powell, it's Colin Powell's son. His name might as well be Steve Republican. And, you know, 13 years ago, I had a lot of ideas with the internet and a lot of ideas about how, you know, cord cutting would take over and everything should be streaming and Apple should make a TV. And we talked about all this stuff in this interview. And I'm reading again today and I'm going to tell you that 13 years ago, the former Republican head of the FCC and the at the time, head of the cable industry lobbying association was right about everything. Like dead on accurate about everything would play out and what would happen for consumers. And the point that he made to me over and over again, which I disagreed with him at the time. And you can read that interview and you can see us go back and forth in this. The point he kept making to me was that regulating broadcast television differently than regulating cable and internet was stupid in causing problems in the markets for consumers. I'll just read you this quote. This is from Michael Powell to me in 2012. There are entirely different regulatory benefits and burdens applied to distribution that are meaningless to the consumer. Under the law today, a cable company is required to let broadcasters onto their platform not because the market says so, not because you want to buy it, but because the government says that's what has to be in the dial. The government says, not a lot of study subscription tiers until I provide you the basic tiers. My criticism from a consumer perspective is why is the government placing so much regulatory emphasis on one kind of distribution to the detriment of another? And that's wonky. I understand it's wonky. But what he was saying that entire time was, you're all watching the internet anyway. Right. Treating the broadcasters differently than Netflix or HBO or Max or whatever is stupid. And we should stop it. And his point was that the user experience of those things is so functionally and fundamentally the same that treating them differently is a total waste of time and energy. Yeah. It's fundamentally the same. It's meaningless for it to be different to the user. And this is a fundamentally conservative thing to say because what he was arguing to me was, we should deregulate this. We should deregulate it and let the market pick what they want to pay for, and that will be fine. And at the very end of this, he goes, the Ola Cart model, he just picked your services. It's deceptively attractive until you did math. He said, you've done a good job writing with this. I read your piece about the Apple TV, which after my own heart, good politician. And he said, unless you're really disciplined and what you subscribe for, I will get you to your capable and beyond really fast. That's the prices that benefit from the cable subsidy. He's right about that too. He was right. And I want to start here because I'm going to call Brendan a lot of names. But 13 years ago, the Republican chairman of the FCC had a conversation with me, and I'm just telling you right now, he was more right than wrong about the fact that we treat broadcast differently and regulate it differently than cable and internet distorted the market. And he was absolutely right that unbundling and going to streaming would lead to prices that were higher than cable in the end. And his argument was, we should deregulate broadcast, let it compete fairly with cable. And if people pick cable over broadcast, that's fine. We'll do something else about those areas. I'm saying all of this because we're going to go through Brendan's testimony in front of Congress today, 13 years later in 2025. And all of his argument sums up to, I have the power to treat broadcast differently, and I am going to use it. And I, first of all, you can just see that's not what Michael Powell, Colin Powell's son, the Republican chair of the FCC and the head of the cable lobby. That's not what he was saying 13 years ago. So this is a massive sea change in Republican policy making and conservative policy making towards regulation and control of speech. It is also so stupid. Yeah, so, okay, let's get into some of the stupid here. So the setup is this. It's the Senate Commerce Committee. They brought all three FCC commissioners, Brendan Carr, Olivia Trusty and Anna Gomez, and sat them down and asked some questions. I think they mostly were there pretty clearly to talk to Brendan Carr, but everybody would also throw a question at the other commissioner that they, who was on the same side as them politically, just to sort of score points, which is the thing that I always enjoy it. They would ask Brendan Carr a question, Brendan would say something insane, and then they'd be like, Anna Gomez, what do you think? And she'd be like, that's insane. And this is the whole tenant of this issue. There's a reason we're not going to run all the clips. Yeah, it's because all the clips are kind of long and theatrical and whatever. And like so many hearings that a lot of it is just politicians not even pretending to ask a question, which is sort of grandstanding in front of him for three minutes and then really pushing their time. But anyway, the topics that came up, were kind of what you'd expect. It was a lot of Jimmy Kimmel. It was a lot of stuff about rural broadband. It was a lot of stuff about 6G, which really bummed me out. Some questions about satellite, internet, a lot of stuff about spectrum allocation, just sort of the things you would talk to the FCC about. But I think if you had to pick a theme for this, it was Jimmy Kimmel. Like Jimmy Kimmel's name came up over and over and over again. And so the very brief backstory here is that Jimmy Kimmel went on his show after Charlie Kirk was killed and said, let me just quote this. He said the Maga gang was desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them. This became a whole thing, Brennan Card comes out and says essentially Disney should get rid of Jimmy Kimmel and they should stop airing his show. We can either do this the easy way or the hard way. What he said, I believe on Benny Johnson's podcast. Still the weirdest fact of all of this to me. This becomes like the undercurrent of this whole thing. Am I overstating the extent to which this was kind of a hearing about Jimmy Kimmel? No, you're not at all. I mean, they came back to it over and over again. I think Carl Bodie, who is a friend of the verge has written for us many times, he pointed out, there's a bunch of other stuff they could have asked him. They could have asked him not totally dismantling all consumer protection in broadband. Which like one person did. Yeah, they moved on. And that stuff I think just doesn't grab the attention. These hearings are performances for TikTok more than anything these days. And so asking the questions about Kimmel and doing the back and forth gotcha stuff. All of that is made for social media now. And why did you dismantle consumer protection? It just isn't going to get the views. You can talk about Taylor Swift or you can talk about censoring Jimmy Kimmel and that's what gets you the views. And I think you can see that in our own content strategy. Yeah. So the way we're going to do this is, do you remember the key to Michael Keyes, like Obama anger translator thing where Obama would say something and key to Michael Key would like explain what he was really trying to say? We're going to do that in reverse. And I'm going to make you do something impossible which is make sense out of words that come out of Brendan Carson. This is not the thesis of the show. America's favorite broadcast, but then podcast is not. Here's why Brendan made sense. What are you doing in there? This is the season finale. It's this is a bottle episode. You know what I mean? But first, I think there are two useful things to understand as we get into some of the specifics here. One is what you just said, which is this idea that Brendan Carson gets to regulate broadcast differently from anything else because it is broadcast television. That's a fact that comes up over and over. We're going to get into that more but that is one thing that is very important. The other is that Brendan Carson believes him stealth to be a stooge doing Donald Trump's will. And to just, this clip is not really germane to allow the rest of what we're going to talk about but this is the clip that everybody sent to us and I just feel the need to very briefly play it so that everyone can understand what we're doing here. Senator Luhon. Thank you, Mr. Chairman. Chairman Car? Yes or no, and please yes or no. Is the SEC an independent agency? Senator, thanks for that question. I think that yes or no is all we need. Or yes or no is it independent? There's a test for this in the law in the key portion of that test. Yes or no, Brendan. The key portion of that test is. Okay, I'm going to go to Commissioner trusty. So just so you know, Brendan, on your website, it just simply says, man, the FCC is independent. This isn't a trick question. Okay, the FCC is not. Yes or no, it's not. Okay, is not. So on your website wrong? Is your website lying? Possibly, the FCC is not an independent agency. Okay, can I read this to you? The FCC's mission on the homepage of the FCC, man. First off, props to Senator Luhon for just calling him Brendan. This goes on for a while. Yeah, it's delightful. This turns he ends up regretting how long he spent talking about a website because he doesn't get to ask Brendan to car his other question. But the other thing that happened here is the word independent has now disappeared from the FCC's website. Within minutes, I think it happened in real time during that back and forth. Yeah, and the brand is various stuages were like, edit the website. Yeah, and cars argument is essentially, Trump can fire me whenever he wants without cause. Thus, it is not an independent agency, which is like on its face insane. I mean, it currently being litigated or Supreme Court that seems very excited about buying that idea. Not the laws it stands today. Sure, soon to be the law, I always say. That's how we do laws here. Not to, I can try to make this make sense. This one I can make, I can try to make sense because Sarah John and I talk at all times. Please. The idea embodied in the Trump administration and very importantly, in our Supreme Court, which is full of justices, conservative justices that worked for George W. Bush in some cases like Nixon and Reagan is of a theory called the Unitary Executive where there's like one line in the constitution that says the executive power shall be vested in the president. And that means every single agency is the executive and it's unitary. It's one or chart like Dakota or phrase, right? And that is pretty controversial. The idea is if you don't like how it's going, you can fire the president and he'll restaff all the agencies and that means that's how the agencies are accountable to you. The Unitary Executive, so the FCC is just another part of the presidency, the FTC is just another part of the presidency and on and on. There's a lot of law like case law. That says that is not the case. The hour of current Supreme Court, which really believes in the Unitary Executive is slowly dismantling. Yes. Also, that's not how Congress set these things up or necessarily even how you'd interpret the constitution. Like this is a big fight. Who is more accountable to you? The Congress where the house gets voted in every two years or the president gets voted in every four years and has much more power than an individual member of Congress. I don't know. I do know that what you don't want is to change the censorship police at the whim of the president, and if the president feels bad. And that is the best argument for the FCC being independent and having the structure it has where you have three members of the majority and two members of the minority party. And the reason you set all this up is to insulate it from political pressure because you don't want control of communications to be political. But that's not what Brendan thinks because Brendan is a dummy who wants to keep his job and in this Trump administration being a stooge is it easier way to keep your job than abiding by the ideals that set up the agency that you currently run? Right. So let's get into some of these. I did make that make sense. I just called me a dummy a lot. That's all I can do. I can do this. Things can make sense. I can't do anything. I'm going to do this like imagine this like around the horn on ESPN where I'm just kind of randomly giving you points for no reason. The first one I want to read you is Brendan Carr answering a question. A thing that came up a lot is a thing that he tweeted. I believe in 2019 saying essentially comedy and satire are a key bit of free speech and should be protected at all costs more or less. This has been thrown back in Brendan Carr's face many times as he has done the opposite to people over and over and over again professionally. But this is this I think gets to what you were talking at about at the very beginning. He was asked the question, do you still agree that political satire should be protected speech? And he says whenever that satire or any other programming is over the public airways for broadcasters, there's a public interest standard and there's a news distortion rule, a broadcast hoax rule, and then they got cut off because everybody kept talking. But this is the foundation of the argument, right? Yes, the argument is think of all of the inputs on your TV and you've got the cable input and then it's marked antenna and then you've got your HDMI ports and your HDMI ports are probably hooked up to some box that gets video over the internet. This is almost certainly how it works. And anything that comes over the air, the government gets to interfere with and anything that comes over the other stuff, whether that's cable or whether that's the internet, the ratio of my ports gets treated differently. If you put that in front of a consumer, they would not believe you. I'm just realizing literally for the first time that I've never processed that you literally actually mean over the air versus over a cable. You don't mean cable, the sort of idea of a cable, you mean literally the yes, the mechanism via which it arrives at my house. Yes, that is what we regulate because that used to be the only mechanism. And I understand why when it was the only mechanism, we put a lot of rules in place. The public airwaves are a scarce resource owned by the citizens of the United States. We don't sell them to AT&T and Verizon and whoever else. We lease them and they have to buy the leases and the leases expire and we can re-farm them. In for now, we'll come back. We'll come back. We'll come back. We'll come back. We'll come back. We'll come back. We took the 700 megahertz spectrum away from television broadcasters and said this is for LTE now and we sold it. We resold it to AT&T and Verizon and whoever else could buy. This is a big deal, right? That we own the airwaves, the people, you and me, we own it. Brendan is the steward of that ownership. That's his job is to act in our public interest and managing those airwaves. Now, you can make a lot of arguments about what the public interest here is. But I would just submit to you in 2025 going to anyone, any random consumer of media and saying, hey, because Jimmy Kimmel comes over your TV antenna, the government gets a say in what he can do. And because whoever Joe Rogan comes over IP through Spotify, the government can't say what he can do. First of all, they make what's an antenna? Right. That's just the first thing that's gonna happen. Second, they're gonna say, well, Joe Rogan is way more powerful than Jimmy Kimmel. He has vastly more reach. And also, I watched Jimmy Kimmel on YouTube. Does that change anything? Right, it just like doesn't matter. Yeah. So he just keeps asserting this authority that was designed for a world in which all media was only distributed over the airwaves. And sure, maybe at that time when there's only three stations, you have some big public interest in saying, okay, well, you have to cover both parties, right? You can't actually just buy the local TV station which is the only media anyone can consume and distort it your way. And we have some interest in letting people suit you for that. Sure, maybe. But over time is more and more media sources proliferated. That became stupid. We stopped enforcing those laws. In fact, in many cases, the only times those laws were enforced, there were lawsuits, the FCC was ruled against. Like, this is stuff, this is power that we give the government that we have decided over time that we don't want the government to use. And what Brendan has been doing is finding these little bits and bobs of unused power and consolidating them to say, I have this power over broadcasters and I'm going to use it to shape the content how I want. And it's gonna come up over and over again in this hearing that he keeps saying that he's not doing it. But it's obvious that every time he brings up news, distortion or public interest, what he's saying is, I am the person who understands the public interest. I understand what the news should be and when it's being distorted. And because I have this power over this distribution, I will use it. And I'm just saying over and over again, the idea that the broadcasters should be treated differently than any YouTuber makes no sense to anyone anymore. And it's why I keep saying Brendan is dummy because if you rewind the clock to Michael Powell in 2012 to me, he was saying this makes no sense. If you are actually conservative, you would deregulate this and that all this content can beat freely because that will actually equalize the market. And Brendan, 13 years later, is saying, no, I have this power and I don't want to give it up, even though it's causing this massive distortion in the market. Yeah, he had a really interesting back and forth with Ed Markey where Senator Markey was basically like, you're leaning on this public interest broadcast TV thing to let you do whatever you want. And he goes, yeah, I'm enforcing the rules. And Markey goes, no, you're weaponizing the rules. And that's a back and forth I've been thinking about. I think Markey, he practiced that line of attack on decoder that we're doing. It's pretty good. And there's another one. Brendan Carr was, they continue to make threats at local news stations, essentially. And the question is, this is government censorship plan and simple, was it a mistake in retrospect for you to instigate an investigation of that San Francisco radio station? Was that a mistake? And Brendan Carr says, Senator, broadcaster's understanding perhaps for the first time in years that they're going to be held accountable to the public interest to broadcast hoax rules to the news distortion policy. I think that's a good thing. Like these, he just, he keeps leaning on the idea of, these are the rules they haven't been enforced. Now they're being enforced. Thank God. Yeah, let me, let me compare to the crypto industry. Every virtualist and our favorite industry. What was the complaint of the crypto industry about the SEC, you know, in 2020, 2021 when wild ideas are flying around? The single complaint, Brian Armstrong, the CEO of Coinbase made this complaint. Just done a lot. Everybody made this complaint. This is regulation by enforcement, right? You're taking all these rules that existed and you're selectively applying them to us to kill our industry. And if you want to regulate us, that's fine. Right a bill that treats crypto like what it is in the market that it exists in. And we will do our lot here. And we'll get the bill that we want written. But regulation by enforcement is corruption. Pure and simple. This is the crypto industry still says this to this day. We don't want regulation by enforcement, even though not even being regulated or enforced right now. Regulation by enforcement is bad. That's why people say it. The idea that you have this wide power in the government to do a lot of things and you selectively apply them, politically apply them to get the outcomes you want goes against the rule of law. It makes the government less predictable, more political. And it certainly uses the power of the government in ways that an average public radio station cannot afford to fight. So Brennan is saying the law is finally being enforced would maybe hold up if he was enforcing it against the local Fox affiliates for distorting the news, the local Sinclair affiliates for distorting the news. There's a lot of ways you could point that arrow in the opposite direction politically. And maybe you should. Maybe you should. You can make that argument. And certainly there are people who make that argument every day that you should point this gun at Fox. But he's not doing that. He's not making that argument at all. He's saying, when you criticize this government, when you criticize this president and you happen to do it on the airwaves, which no consumer can distinguish from the internet, then I have the power I can stop you. That is just not, I mean, like fundamentally, it's not just stupid. It's like borderline traders because it flies in the face of the Constitution and the rule of law in such a direct way that everyone understands it. Should the cops arrest you because they don't like you? Should the cops arrest you for speeding just because they don't like you or they arrest everyone for speeding? Or in my case, should you argue the cops arrest no one for speeding? So you can just ask us. I fast-cars. There's the sex politics right there. It's like a weird combo platter of policies from the Patel campaign vote for me. It'll be fun regardless. All I'm saying is, Brendan's argument is I have this power. And if you don't let me use it, that's wrong. And I would just say the real argument is, you should never have this power. Even if you do, you should have the discretion to use it equally or not at all. Yeah. So to that end, here's another one for you that I would like you to make sense of. This question is long. So I will summarize it as they brought up what President Trump posted on true social after Rob Reiner died. And basically what he said is, Rob Reiner died because he had what I believe he said, he called Trump to Rangement Syndrome. And he was a bad person. It is truly heinous, awful response. And then he says, do you think that's appropriate for the President of the United States to do that? And if Jimmy Kimmel would have said that, would you have threatened to take him off the air? And to that, Brendan Carr says, Senator, look, Democrats on this day, us are accusing me of engaging in censorship. And now you're trying to encourage me to police speech on the internet. I'm simply not going to do that. Okay. So first of all, whoever asks that question is also done for not asking the obvious follow. Sorry, it's equal opportunity. I'm not here valorizing Michael Powell today. No idea what's coming. There's an obvious follow up to this question. And Brendan is dodging this question in such ham-fisted way that he's not even clever about doing it. He's saying you want me to police speech on the internet. That's not the question. The obvious follow up question is, I wasn't asking you about speech on the internet. I was saying if Jimmy Kimmel said these words on broadcast television, would that rise level of news distortion? Because when Jimmy Kimmel said, I believe everyone in Magos trying to get away from the shooter or pretend the shooter isn't one of them, you thought that was horrible. And you were gonna block a merger over it. That's the easy way of the hard way, right? So that's really bad. You can find a reason to enforce the rules on that. If Jimmy Kimmel repeated what Trump said, which everyone thinks is horrible on the airwaves, would that meet your standard? In car because he does not want to answer that question, ham-fistedly dodges out of it. I was saying I'm not gonna censor the internet. But no one's asking about censoring the internet. And whatever Democrat asked her, who was it? I was Amy Klobuchar I think. Oh, Klobs, look. It's not a Klobuchar, she comes back in the show and be like, you blew it. She blew it with that one. Because I wasn't the question there. She's really better in that. But she blew it because the question is, no, no, no, you keep making this distinction between the internet and broadcast. So if you move these words from the internet to broadcast, the president's words, if you move them from internet distribution to broadcast distribution, would that make them illegal or subject to some investigation? Because over and over again, he's saying, when you do things on broadcast, I get to say whether or not they're true or not. Because over and over again, he's saying, if you say these things on broadcast, I get to say. And the question is, and I think the heart of that question is if it's okay in the internet, why is it not okay on broadcast because you're the one who makes the rules over there? Yeah, there was a version of this question where they asked something about the difference between the 60 minutes interview that was, quote unquote, selectively edited that became a whole kerfuffle and a Fox News thing that did essentially the exact same thing. And he very matter of fact, he was like, Fox News is on his own cable. I've never heard of a section. What are you talking about? So allow me to just briefly do something completely unthinkable and slightly quickly defend or say, give you a real, worse person you know makes a good point moment in Brennan-Cars testimony. Brennan-Cars says, we have a public interest standard that Congress has put into the law and there's a number of very specific rules and doctrines that flow from that. The broadcast, hoax rule, the news distortion rule, in my position, and I think the Trump administration position is that we should be enforcing those rules and policies. If Congress wants to change it, you're free to change it. Is that, is there not like a teeny tiny glimmer of a reasonable point there? Like 13 years ago, Michael Powell would have been right. We've had a Congress the whole time. Yeah, what are we doing? You know, I, do we have a Congress? Is it good for the first question? We have it various times, had a Congress. You know, I think Brennan has gone far enough to irritate some Republican members of Congress, like bizarrely to your point about the worst person that makes a good point. Ted Cruz, all over this hearing, yep saying you've gone too far. There are, you know, there are ideological members of the Republican coalition who are like government speech regulations are bad. Like I agree with them. That has been my position on the show forever. Governance speech regulations are bad and he's running into some of that across the Republican coalition. I think the Democratic coalition, less interested in that idea, but also less interested in doing stuff. Now, there's one thing to learn from, you know, the first year of Trump 2.0, it's boy, the government actually has a lot of power. It can do a lot of things. They, if the various people empowered to do things just decide to simply start doing things, it takes a lot to slow them down or stop them, including, you know, Trump just firing people at agencies. He just does, he's not supposed to be able to do that. No one's in his way. Right, there are lawsuits, some of the lawsuits are getting thrown out. Some lawsuits are continuing. Some lawsuits get stayed on the Supreme Court's emergency docket because they have to figure out how to throw out the laws that they're supposed to put. Like there's a lot going on there. Democrats have not learned that lesson. They don't just do things. And so, yeah, to the point where he's like, if Congress wants to change the law, he should change it. He's basically saying, fuck you. Right? You won't do this thing. And so, I'm just going to run crazy with the power they have. It comes from a telecommunications act of 1934. And that's the mistake, right? The reason you want these independent agencies is so that they have discretion that is divorced from politics. And they can look at the world as it exists today and make determinations about which power is actually in the public interest. Which enforcement is actually going to get the results people want. And we have all of the power and reuse it all the time. Because otherwise, you would be beholden to the speed at which Congress can act. And you can have a lot of philosophical debates about this. This is the heart of political science, especially as it relates to the American government. But Brandon is just putting a bulldozer through it without a second's hesitation. I think this is going to come back to bite all of us in the end, because we've taught a generation of would-be mini dictators such as you do it if it didn't want. And I don't think that's how it's supposed to work. Or at least they're supposed to be competing with you the trouble for power, which is sort of like how the framers designed it. But that's not what we have to do either. Yeah. All right, I have two more for you. This one I worry is going to take you between four and six hours to wade through. But I'm going to do this anyway. We look, the reason we cover policy that we're just because the iPhone 3GS was dropping calls. And to explain that, you had to be like, there's not a spectrum. And it's going to explain spectrum options in the FCC. And now here I am being like, this isn't what the framers intended. And I'm good at one side of politics. Let's, but also, three-sled, done-apologics. Respects from options. There we go. Here's a long quote. I'm going to read you the whole thing. Democrats at the time, this is back in the Kimmel time, were saying that we explicitly threatened to pull a license if Jimmy Kimmel wasn't fired. That never happened. That was nothing more than projection and distortion by Democrats. What I am saying is any broadcaster that uses the airways where their radio or TV has to comply with the public interest and licenses or not, sacred cows. Yes, you can do things to lose a license. But if we want to change that, that's up to Congress. And one idea, for instance, is why don't we put all the broadcast TV licenses up for auction? And if people want to buy them without the public interest obligation, they can do that. Me and Patel, your thoughts. How, how, first of all, how would you do that? Like, you would be like, here's my bid. I want less rules. I want you to enforce the power that you have less. I just don't know how you would mechanically do that today without even more acts of Congress or desire from the president to have less power. Again, I think what Brandon is saying is, go fuck yourself. Like, yeah. And he can, because Congress is fundamentally incompetent at this moment in time, and they won't do anything about it. And so he's issuing a dare that they can't even accomplish. And he's issuing a dare that he would, I agree with him. Do you know what I think we should do? We should probably get rid of broadcast TV, subsidize wireless service for more Americans, make it cheaper and more prevalent for them to access and move the sort of like public interest local news functions to some sort of subsidized model that pays for local newsrooms in a country. This is a half-form idea. I had it five seconds ago. Doesn't it sound better than Sinclair owns all of the broadcasters and does what the president wants? I don't know if that idea will work. But you can come up with some solution that's like, we need to make sure we support local newsrooms because they hold local parts of the government accountable. They're vast news to a deserts country. And people aren't watching broadcast TV anyway. They're watching their phones. Make the phones cheaper. I can get there. I can come up with some idea that gets you more of the way there. Then we need to make sure that Sinclair and Tecna do what we want or we won't let them merge. No one cares about that. And Brendan has lasered in on this thing that no one cares about because there's enormous amounts of money in letting big companies merge or not merge. There's enormous amounts of power in controlling the local news broadcast all across this country and at a time when local news is dying. And he gets to wield power. And he gets to make himself appear to be the censorship police. Even though his power is very, very deeply constrained. Right. Because to go all the way back to the beginning, my guy is absolutely obsessed with not getting fired by Donald Trump. I don't know. One more. And this is I think maybe one that is going to need a fair amount of neolat translation here. He says one of the things I'm trying to do with our media policy as a general matter is to reempower those local broadcasters to invest in local news. Because what's happened over the years, we've had a consolidation of power into what are national programmers, Comcast, Disney and others. I guess I should say here disclosure. Fox Media's Comcast is an investor in Fox Media through its subsidiary and B.C. Universal. They're big fans of ours. It's all really fine. Um, I'm just going to continue. I'm going to continue. Cover. So then Brennan continues. And effectively a lot of local broadcasters are just mouthpieces for that national programming made in New York and Hollywood. This feels like some crux of Brennan cars sort of theory of the case about media right now. Can you explain what's going on here? This is so rude that you keep framing all of this like that. I'm so mad at you. No, I can't make any sense of what he's saying. Okay, good. But I can, I can, I can translate from idiot to, to verge cast. There you go. It's impossible to make sense of what he's saying because the consolidation of power into national programmers is the consolidation of all of the local news stations in many markets being owned by one company. Those are the mergers. Brennan car. Those are the largest. Sinclair broadcast. It owns a lot of broadcast stations. Tecna owns a lot of broadcast stations. They wanted to merge. There were markets in which they would have owned all of the broadcast stations in a given city. And those are supposed to be competitors. Right? Your local ABC news is supposed to compete with your local CBS news. They're supposed to have more men on the street interviews and then choppers. Like they're, that's what they're supposed to do. They're supposed to be anchor man. That's the composition you want. Right? Competing for local news to be the best eyes and ears of your community that you can get. The era has obviously broken this. Right? It's no longer lucrative to be the best local news in San Diego. Right. And like, I think we've lost something for that. I think we all yearn for the simpler days of anchorman for sure. Bring us back Ron Bargonday. Yeah. That's all gone man. Those stations are underfunded. They are owned by private equity in a lot of different ways. They're owned by Sinclair. Tecna which have a bunch of private equity in them. The cost of being cut, the stations are being consolidated. They themselves are broadcasting enormous amounts of centralized news programming. Yep. You can't make this argument without being an idiot to reality. It's not. Comcast in Disney and whoever else. Yes, they are producing a lot of the sitcoms. They produce the national news broadcast. But the local news on these stations is essentially being produced by a handful of enormous conglomerates that most people don't know can not possibly hold accountable. And quite honestly have miserable taste. Like just where it would go to any local news stations website. And be like, do these people have good taste? And the answer is no. They have private equity taste. Right. It is the lowest common denominator slot across the board. And so you remember when Dead Spin did that video ages ago and it was just the same broadcast on every single station. They're all reading the same script. That's the danger. Yeah. That was like some truly dystopian stuff too. And this is, I think even that's like a decade ago. Yeah. That's the danger. Right. Is that you will consume this news that you perceive to be made in your community. But it is actually being made by a national broadcaster with national interests that are playing a culture war. There's one million miles away from you literally and figuratively. And so Brendan saying, I'm protecting you from the big evil NBC and Comcast in Disney and ABC whatever. But at least you can see those. Those are legible to you. Stinclair and Techno are not legible to you. So when Brendan exerts his power over them, you might not even know it. You might not even know how told him accountable. Because they're running under the ABC News branding. And so again, this is to me. This is incoherent nonsense. Because the reality is nothing like what he's describing. It is also dangerous because he's continuing to assert his censorship authority over a thing that is diminishing the value every day because the people who own it are diminishing its value anyhow. And I just look at this. I'm like, why do you want to be known as the censor in chief? To what end? And maybe it's because he does want Donald Trump to fire him. But I would say his next move. And he's got this comment here about Section 230. His next move is to say, you know what else runs over the public airways? Mobile internet service. Do you know else that government operates in the public trust? The internet. We should not have news distortion on YouTube. We should not have news distortion on the TikTok algorithm. This criticism of our nation's greatest ally, Israel has gone over the top. We're going to make sure X shuts it down. That's all coming. There's a reason he's in using this power now. He's saying, I have this power and I need to use it. The only next move is to say, I should have more power. And this line about 230 where he wants to reinterpret 230. That's his shade at it. Yeah, let me read this one to you. And then this can be the last one because I do think this hints at the 2026 season of Brendan Carr is a dummy. He says, I think I've expressed concerns over the years about how courts have sort of misinterpreted and given expansive new readings to Section 230 that aren't in the statutory text. And I think there's some of those issues in your legislation as well that are worth looking at. This is in response to a senator who is basically like, am I doing a good job making Section 230 go away? And that's essentially what he says. My response to this was, why on earth are you talking about Section 230, Brendan Carr? And then I looked and I guess there is some precedent for the FCC having some interest in Section 230. But I agree with you, it seems clear that... Oh, there's not some precedent. You know what there is? There's a chapter of Project 2025 written by Brendan Carr in which he says the FCC should be given jurisdiction over Section 230. Again, this feels like where we're headed. He's not a savvy operator. Yeah. Like I can just read his plans. Oh my god, these plans are stupid. And then he does them. Yeah. And I'm just telling it's coming. The reason that he's making this enormous stand about being able to regulate speech on broadcast is so that he can make the same argument about the internet. And he will find the authority. And again, he keeps daring Congress to stop him. And I suspect Congress will remain as dysfunctional as ever. And they will not. And so 230 is one way into it. There are all their ways into it. Some of which run into his own policy making from the past as we've discussed. You know, a Jeep pie and then the first Trump administration disclaimed a lot of authority about the internet. But I suspect Brendan's going to try to find a way next year to take it back and actually aggressively try to start regulating speech on platforms. Yeah, it's coming. All right, that is it. This has been... You're a real dummy, Brendan. Oh yeah. As always, I'd like to welcome you on to our show. I know you're going to be at CS. You can be in a surprised live guest at the Verge cast and CS. Fun fact, Brendan Carr doing a thing the morning after the Verge cast live at the Brooklyn Bull. So we know confidently that Brendan Carr is likely to be in Vegas and not busy. I'm just saying. If you got a line in Brendan, tell him that he's always welcome. You good bowler, Brendan? Well, bowl for free speech. You know what? We can hang out in the casino. We can do it however you want. But as always, you're welcome in our airwaves. I just refuse to be polite because I'm an American. Free speech. You big dummy. That's it. That's the end of the 2025 season of Brendan Carr's dummy. Neili, it's been a pleasure hosting this podcast with you. I don't do much on this podcast, but it's a joy to be here with you. We actually, this veers perfectly into a bunch of streaming-worst stuff that has happened this week. So let's take a break and then we're going to go back. We're going to talk streaming. We'll bear it back. Support for the show comes from L'Oreal Group, using the latest advancements in science and tech to create personalized beauty solutions for all. The global beauty leader recently introduced two breakthrough technologies that bring the power of light to hair care and skin care. Light, straight and multi-stiler and the new LED face mask, both of which were recognized as CES-2026 Innovation Award honorees. Learn more about both technologies on l'Oreal.com. L'Oreal Group create the beauty that moves the world. Support for the show comes from Grammarly. You don't need reminding that the world moves fast. But work today requires clear communication and when every message counts, sounding rushed or generic can be getting lost in the shuffle. Grammarly gives you one place to think, write and finish your work where you already write, while giving you access to agents that help you sound natural and engaging. No matter what kind of writing you're doing, Grammarly helps you get ideas done faster and move from draft to done with less friction. You can use Grammarly's AI chat to brainstorm ideas, outline a solid draft, then refine it with context-aware suggestions that fit what you're working on. See why 90% of professionals say Grammarly has saved them time writing and editing their work. In a world of generic AI, you don't have to sound like everyone else. With Grammarly, you never will. Download Grammarly for free at Grammarly.com. That's Grammarly.com. Support for the show comes from L'Oreal Group, using the latest advancements in science and tech to create personalized beauty solutions for all. The global beauty leader recently introduced two breakthrough technologies that bring the power of light to hair care and skin care. Light, straight and multi-stiler and the new LED face mask, both of which were recognized as CES-2026 Innovation Award honorees. Learn more about both technologies on l'Oreal.com. L'Oreal Group create the beauty that moves the world. Support for the show comes from L'Oreal Group, using the latest advancements in science and tech to create personalized beauty solutions for all. The global beauty leader recently introduced two breakthrough technologies that bring the power of light to hair care and skin care. Light, straight and multi-stiler and the new LED face mask, both of which were recognized as CES-2026 Innovation Award honorees. Learn more about both technologies on l'Oreal.com. L'Oreal Group create the beauty that moves the world. We're back. Neely, a weird week in the streaming worst. There's just a lot of stuff happening. You know what I mean? Everybody's just doing things. There's a lot of stuff. Also, all that proves my thesis that broadcast is dead in the future on the internet. Yes, and at the very least, all of these things are becoming precisely exactly the same thing. Let me just run through some headlines here. You can stop me when you find something interesting. Oh, boy. We're going to stop here very quickly, because the thing that I'm on on my list is that YouTube will now be the streaming host of the Oscars starting in 2029. I was right. Did anybody else do you want me to say? This to me is actually a perfect example of the thing we were talking about, because I think other than live sports, I think the most TVETV thing continues to be award shows. It's one of the few things that still commands a big live audience at a specific time on a specific day. It's one of the Hollywood people celebrating them. There are lots of these award shows. Netflix got the SAG award. This is a thing that's been happening. But the Oscars is a big TV moment every year in a winnowing list of big TV moments every year. Now it's just going to be on YouTube. Does it feel weird to you? It doesn't feel weird to me. Like you mentioned, Netflix took the SAG awards. The Grammys moved to, quote, Disney platforms. Oh, right. We had the president of the recording category, Harvey Mason, on Dakota Wildback, and he was in the midst of changing from CBS. They've been on CBS for a million years. And he was basically like, I got to go where the kids are. And he hadn't announced it yet. And I was like, I don't know how you do, and then he was like, Disney Floss. So I'm like, that's equally good. That's where the kids are. Like these awards need to be near their relevant audiences. And the Oscars have a real problem, which is no one has ever watched any of these movies. And so you just like back into, should we give Endgame the Oscar for Best Picture again? If they just gave the Avengers Endgame an award every year, like more people would watch the Oscars. This, I just get such a kick out of this because like, I did this big story about YouTube, but it's 20th anniversary, which was earlier this year. And one of the things they're very honest about is that a big next moment for YouTube is going to be to start winning some of these big Hollywood awards. Like it has the audience. They got on the Neil Sin ratings, which is a huge deal in a real sort of legitimacy thing. They have all the advertisers. They wanted, they were like, we have all the pieces of this puzzle. But we've never won an Emmy. We've never won an Oscar. And now it's like, you just have to wonder if Neil Mohan just ran around. And it's like, well, okay, we're never going to win an Oscar, but we could do the Oscar. I think that's the answer. Is that count? So, you know, I have some questions about this, which we'll see. You know, Apple took over Major League Baseball. They were in charge of producing it. And they did a bad job. Yes. They might still be doing a bad job. But they got better. But initially, like a horrible job. They're also, let's take over Formula One. And a lot of people I know are, I would take curious and nervous about how that's going to go. I thought Formula One is owned by Liberty Media. I don't know if Apple's just a distributor there. But I think the actual show is still produced by Liberty. You'll see. Amazon does Thursday night football. I would call that messy. Right? I can you have ever wanted to hear out Michaels taking that? You should watch Thursday night football on Pride. Or to see retired NFL players take their shirts off. But have to have show. That's more exciting than most of the games. So, like, there's just some, like, do you have the muscles to do this? Do you know how to do production in a way that the big broadcast not works in production? Which is a big part of making these award shows feel big. But I think what this actually points to is that these award shows are declining assets. I think that's probably right. Because the broadcast networks will pay the money for sports. They are not going to lose the NFL until they are until they are dead and gone. Right? And so you see the sports leagues are creating more games to sell to the streamers. Like, fine, they're swept all on Thursday. And Sunday morning in Brazil, like whatever it takes, you can buy it. But the core broadcast rights, you know, the big networks will continue to overpay for because that's all they have left. And I think they're all looking at the ratings for the Grammys and the Oscars and over else and saying, this isn't worth it to us. Yeah. And so I do think until there's monoculture again, these award shows are basically going to devolve into we given a word to the movie most people have heard of. And we are going to make up new categories for Beyonce to win every year. Yeah, I mean, it's like the Golden Globes added a achievement in box office category over the last couple of years literally just so that they could say, here's the biggest movie of the year and hopefully we'll get big a list of liberties to come. Yeah. So, okay, so that's one. And then also this week, Netflix announced that it's making a FIFA game, which is a big deal to me personally, but is also a so Netflix has been sort of like dabbling in video games for a while now. They've done a lot of resurrecting of old games. They've done some sort of indie game stuff. But this so EA, which had the license to make like the official global soccer game for years, lost its FIFA relationship last year. So now EA still makes a game, but it's called EA FC and not FIFA. And Netflix is now apparently going to make the villa FIFA game. Like they're just going to go try to make a rival sports game. Nail, I had to put this in terms you understand. No, I get it. I get it. You're saying they can make a mad and I know where they're going to make a mad. That's exactly right. That is such a like several orders of magnitude leap from any of the gaming stuff Netflix has been doing in the past. And to me, I suggest that like you only do this if you're dead serious about really trying to compete in video games. Like if they're going to make a triple-lay sports simulation game, you're not going to make a triple-lay sports simulation game. We'll see. Do they even have to? Maybe not. Is EA FC any good? Like if you wanted to compete with Madden today, Madden 26, what I've been playing, which is so hard. You could just tell me that you've made Madden 2001 with the current rosters. I'm like, that's better. Yes. I play this game called Retro Bowl that is essentially that. The graphics are awful, but it has the NFL players names right there. And I love it very much. I play it all the time. Yeah, it's it. It's great. I get a lot of TikTok videos of legendary Packers backup quarterback Kurt Benkert to his legendary Packers quarterback Kurt Benkert. And he's playing Madden. And I'm just like, I'm not playing that game. I don't know. I've never seen that game before. What are you doing? Amazing. And so like I got their skill levels on whatever. But like I'm just saying, I think the market for some of these games that have been pretty lazy. For a long time is huge. Yes. Plus if the license in there, a lot of people know what FIFA is. And a lot of people, I think Netflix is very interested in being sports adjacent. Yes. Well, Netflix also is going to have the women's world cup starting in 2027. So it is like it's starting to buy into this in a pretty real way. Yeah. And they're figuring out live. I would just say is if this game lives inside of Netflix, that is a huge mistake. I agree with that. They need to put this game where people play these games. In their own apps, on phones, and as standalone games on consoles. And I will see. Did they say anything about that? Just the day said it'll be available on mobile, but the exact machinations of it all, I think, remain to be seen. But I agree with you. And I think Netflix has done it kind of in all possible ways. Like there's some stuff that is buried. But then there's other stuff that you can just go get and you just log in with your Netflix account. And that's fine. And I have been of the mind for a couple of years now that this was like a fake thing that Netflix would eventually just kind of give up on the minute. Like it interest rates went up a little. That no longer seems to be the case. I actually think Netflix might be serious about doing games. Well, particularly, we're going to get to this. As YouTube encroaches more and more on Netflix, Netflix has to find stuff that YouTube want to. And YouTube is not going to publish games. Or can I interest you in Netflix just buying a bunch of stuff that you see on YouTube? The other thing that happened this week was Netflix made deals with barcel sports and with iHeartRadio to get a bunch more video podcasts on to Netflix. And there's reporting out there that says the deal with barstool is eight figures a year. Pardon my take, a big and very popular football podcast is moving exclusively to Netflix. This is like an ongoing thing. Again, there's a lot of sports here. This is like Netflix is spending an awful lot of money to get video podcasts off of you. And on to Netflix. And I just have two things to say about that. One is what the hell why haven't we got a phone call? What are we doing here? I feel like a disclosure I made a Netflix show that didn't make into a second season. That's your problem. We're like, we're never working with Neili again. But also, like again, we're in this moment where it feels like YouTube has sort of conquered the world except for winning Oscars and at least right and Netflix has conquered Hollywood and now wants to go be YouTube. Like these these two things are just running at each other so directly and so fast. It's almost bizarre to watch. I feel like there's some strategy confusion on Netflix part here. Video podcasts are great. Obviously people are spending a lot of time on them. They dominate YouTube's time spent charts. A video podcast on Netflix without the YouTube commenting ecosystem feels way less valuable to me. I think I agree with that. There's some even our own show. Like you can comment on our show on our site and you can comment on YouTube and you just look at the comments and you're like, yeah, well, there's more action on YouTube. Like more people are incentivized to do it there. There's something about that that seems important in the context of a podcast, which is you know, before creators became creators, we were a podcasters before there was a creator economy and the relationship that we have with our audience was very direct in a way that the relationship of like Netflix TV show runners is not as direct. And so I think Netflix wants to buy the time, but they can't get the relationship without the back and forth. And I can say this very like I can make this example very concrete. We launched the entire verge off the back of the Engaget podcast. Fair. Yeah, right. We had we had Engaget. We were unhappy there. We had the podcast. We left. We didn't take the feed. I mean, this is ancient history now, but this is stuff that you see playing out over and again now. But in 2010, we were like, we're going to leave. Can we have our podcast feed? And AOL said no. And we told our audience on Twitter, we're leaving. Here's a new podcast feed called this is my next podcast. And the entire verge is built off of that audience relationship, which is very direct. Very two way, right. It was a little community. That's not the relationship anybody has with Shonda Rhymes. I don't think. Right? Like, yeah, it's just different. Like Netflix is Hollywood in that way. So they can buy all these video podcasts, but if they don't understand that what they're taking is the sort of direct pair of social audience audience relationship that creators have with their communities, I think they're going to make some missteps. I put that right next to them buying Warner and say, I think they actually might know what to do with Warner. The big two notes, but like, you know, I mean, like, they're better at that than YouTube running a social network. Yeah. Some news on that front, by the way. This keeps just getting more and more bizarre. Netflix continues to say it is very serious about putting Warner Brothers movies and theaters. Like this thing where Netflix is going to destroy the movie economy continues to verbal and Ted Sarandos has to keep saying, no, I like movies. I like Hollywood. We'll put something theaters. Whether whether we I think I still believe that slightly more than you do, but they keep saying it. But then the other thing, I think the more important thing that happened this week is Warner Brothers is telling its shareholders to reject the hostile offer that is coming from Paramount. We talked through kind of what these deals look like last week, but essentially Paramount once the whole company thinks it can get the regulatory side of this done has a lot of funky financing things going on. Had Jared Kushner involved, but even he now thinks the deal is out like it's all pretty good. It's a big mess. And Jared Kushner dropping out of the Paramount is like very funny. It's a tough look for bear, which is a not a thing I ever thought I would say about, you know, getting out of business with Jared Kushner. But anyway, yeah, so Warner is essentially saying we want to do the Netflix deal. We are going to do the Netflix deal. You should turn down this Paramount offer. There is a lot of continuing smoke. Elizabeth Warren was just on a podcast. I like the town talking about why this is a total antitrust disaster. And neither Netflix nor Paramount is a good home for Warner Brothers. Like this thing is going to keep being a mess, but it actually looks like it might pretty quickly become just Netflix's mess. Is that your read? Liz wrote a piece this week. Great headline. Larry Ellsons big dumb gift to his large adult son. I was good. You know, the thing I don't understand about the Paramount bid for Warner is that it is backstopped by a bunch of Saudi money, but also fundamentally by the Ellsson families own stock and oracle. And you know, if you are the CEO of Oracle, you have no choice but to pretend that H.I. is around the corner. And so saying I'm willing to trade in my AGI valuable stock for your garbage Warner Brothers stock is crazy on its face. And that's Liz's piece is like, you can't believe this. Anyway, a lot of commentators on people are saying they just want to buy political influence, which is sort of like, well, then why Jared Kushner back. But like maybe, but also they have plenty of political influence. Larry Ellsson is not hurting for access to the Trump administration. Right. Like maybe what you want is culture or political influence, but you can just get it, especially if you're also trying to buy TikTok, which is arguably more influential than Warner Brothers. So it's just like unclear what Paramount's upside is. It's unclear why you would trade in Oracle stock for Paramount Warner Brothers stock, which already sounds like it's worth zero dollars. And then you have to do the whole integration of these two things and not skirt up, which every single person that has ever bought Warner Brothers has done. So I do think it'll probably eventually be Netflix's mess. I just think we're two years of talk about regulation by enforcement, like two years of Trump administration concessions away, which is why Netflix doesn't want CNN. They don't even want to be in that conversation. They want someone else to deal with that fight. Yeah, Netflix is very happy to have like sports podcasts and not interested in CNN. I think the reason Ted Sran does is running out saying he's committed to keeping movies in theaters is because Hollywood prefers him over Paramount, but still doesn't prefer him. Right. So he's trying to become the winner by saying, no, we're going to give you the things you want. Like you like us better than those guys, but like let me sweeten the pot by saying we'll keep movie theaters alive. Right. Rather than just being the lesser of two idols, which at this point they are, but only slightly. Okay, two more things. And then I have a little game I want us to play here at the end of 2025. I have a bit of news that sucks and a bit of news that rules. The bit of news that sucks is peacock is launching new ad format. I don't know if you've seen this. They called them arrival ads. And the idea is now when you open peacock, you know that first screen you land on where you you picked your profile. It's going to have a big ass ad on it because that's what everybody wanted. And I just like. If you keep saying these companies are dead, they're already dead. Yeah. Yeah, that's death. And by the way, disclosure and we see an infersel in contrast, investors are preparing company. They're dead. They're already dead. Yeah. I don't think our podcasts will be on peacock at any time soon. Just say that. I think I'm fine with that. I'm going to go ahead and get that. Look, the money in advertising is under such pressure. Connected TV is one of the few places where you can deliver good advertising or brand advertising like fancy ads. And so the TV players are like, what if we increased our inventory of that? And they're not doing it by getting more people to sign up for the streaming services and watch more shows. They're doing it just stuffing ads in more places. More ads. More fun. This is this is this is a death spiral. This is the same death spirals the same time frame TV. Eventually, you're going to be happier on the TVs off and eventually not going to have it at all. Yeah. I mean, this is a way of suggesting that like, okay, we can't actually win this game on its merits. So we're just going to bleed you on the way out. Yeah. That's a bummer. Better news. HBO Max rolled out a new thing that it calls which is basically just endless feeds of your favorite show. This is the best idea I've ever heard of my entire life. So I'll just read you the lists of the shows. So there are based there are 12 themed channels. Some are themes like a dog animation true crime and holiday specials. But then the ones that I'm very excited about are just endless running 24 hour feeds of shows like friends, the Lord of the Rings, Rick and Morty, the sopranos, Game of Thrones, the Big Bang Theory. It's basically this is the hotel room experience where you roll into a hotel room and you're like, okay, what episode of the office is on? I'm going to watch it. That is ideal television. Neil, as we've discussed, most of my TV watching is just I like six shows and I will watch any episode of them at any time. Just inject this into my veins. I'm going to turn on HBO Max. It's going to be like, we have an episode of friends for you. Do you want to watch it? I'm going to say, yeah, it's going to say, do you care which one? I'm going to say, no, I don't. It's a dream. This is cable again. We're just doing cable. But what if it's only shows I like? It's cable again. It's just vastly more expensive. This is like MTV just canceled ridiculousness, which they were just showing over and over again for five years. I think they only show ridiculousness. And it's because they did the math and spending money on any new show was too risky compared to the guaranteed audience. And people are just like skirt ridiculousness. And then I think they got mathematically the point where even buying new episodes of ridiculousness was less worthwhile than just running their endosystem catalog ridiculous. We can get very good. Yeah. But this I just want to say where I think we're about to say some mean things about HBO Max. But I just want to say HBO Max is on two three very good things this year as part of a total disaster of a company. They went back to me and called HBO Max. Kudos. They switched to the correct reviews format on the internet, which is two thumbs up, one thumbs up and thumbs down. That is the only review system that should exist on the internet. Love it like it. Yeah. Perfect. And this the channels great job HBO Max. I'm so sorry you're going to be dead in six months. I would say again in a sense that everything just proves that I'm right. One strategy. Decent is the worst case. Everything is confirmation by this. That's why 2026 editorial strategy. Trying hard is an option. It's a choice you could make. You could try hard. I would point to AT&T tried to buy T-Mobile, the government blocked it. T-Mobile did receive a giant breakup deal and then they tried hard. They hired John Lager and they tried hard. And now they are in fact everyone's favorite while I was here because they tried hard. Yeah. Whereas if they've been purchased by AT&T I think maybe that would have not happened. In fact, I can guarantee that would have not happened. It is really true that do a good job is a remarkably unexplored option in all of this. Every time. Yeah. We're going to talk about Amazon buying Irew out here and like do a good job which is not on the table. Yeah. Okay. So all of this way. Can I just connect that to one other head on here? Yeah. Instagram is putting the Reels app on TV because everyone wants to be on our TV. One of these companies is going to figure out that the actual experience is building a TikTok discovery app on your phone that you're just like get into the middle of some movie that's in their catalog and you push a button and it starts playing on your TV. That's all I want. Yes. 100%. I don't want the HBO Max app on my phone to have HBO Max in it. I want it to be a TikTok feed of clips of movies that are on HBO Max and I'm like screw it. I'm watching the dark night again. I find 100% agree. I could literally could not agree any more with that take and Netflix is probably best set up to do this and there are like glimmers that Netflix actually might get this. They've done some of this stuff in various places. But like, yeah, forget the guide. Forget showing me the icons. I want to open the thing up and I'm just going to flip through clips until I find something that seems cool and then I press play in our shows about my TV. That's the remote of the future, man. That's the game. I'm so in. Someone's going to figure it out. Yeah. It's not going to be a parent. I was going to say it's super warm. There's nothing figured out starting this stream within five minutes of pressing play. Yeah. Tell me that. They also haven't figured out what any of the characters on Landman should be doing here in season two. I'm just about aside. There's your argument against letting parents plus white warners watch watch this season of Landman and be like this company was like Taylor shared and knows how to write a TV show. All right. Let's get to the game. I want to play here. It's been a minute since we have revisited the go 90 scale of streaming services. And we're just going to do that. Here's my question. Do Billy Bob, Thorton and Allie Water like each other on that show? It's unclear yet they just keep banging away. Go ahead. Go ahead. I have to tell you your pitch for Landman recaps as our new podcast, a then podcast has been resoundingly rejected. They might be each other. I will however accept a pitch more geared around the various goings on a Billy Bob Thorton, but that's we'll come back to that in 2026. For now, Travis Larchuk, our producer come join us. Travis, hello. Hi. So we have not revisited the go 90 streaming scale. Oh man. In a while. And it is time for us to do that here at the end of 2025. Maybe we should have been doing this every week. So Travis, you as you or want to do are not only our producer, but you are the vibe coder in chief of the forecast, I would say. You may have something for us today. I've done more for vibe coding than anyone making vibe coding. I have made a go 90 scale that we can interact with. So here it is for the listeners. We have eight streaming services here. And the scale, Neil, I do you want to describe the origins of the go 90 scale? So Verizon, one starter streaming service is called go 90. Their pitch was that you would join a gang, I believe it was a gang, and that these gangs would roam their service. And then when you start watching a video, you rotate your phone to fully experience the video that's going 90. Go 90 failed immediately. It went 90. It went. And so you see the scale is from zero, which is alive to 90, which is dead degrees. You understand you're 90 degrees. You're dead because you're lying down. That's the go 90 scale of doing streaming services. It's very good. It has been very useful for us over time. And here at the end of 2025, we're going to put let's see eight streaming services on that list. So the eight are in no particular order HBO max peacock Netflix Paramount Plus Apple TV YouTube prime video. And we're doing the Disney bundle, the Disney plus Hulu ESPN as all one thing. So just to create zero is alive. 90 is dead in the closer you are to 90 to closer you are to that. That's many services have hit 90. Yes. Over the years. Famously quibi went 90 in just under 10 minutes. Yep. Quibi. There was a time that we needed to rename this the quibi scale of the streaming services. But go 90 is just too good a vision. So let's start with the HBO max because we were just talking about it. Travis, where would you put this on the go 90 scale services? Knowing everything we know. Not streaming of doomed streaming. Doom streaming. Get my branding right. Listen, there's been a lot of doom and gloom around HBO max. But a few weeks ago they debuted a new TV show that is sweeping the internet called heated rivalry about two professional hockey players who are secretly in a relationship with each other. And let me tell you as a person who's been gay his whole life. This has been crazy to watch. And so I cannot in good conscience put this anywhere past 60 on the scale. So that's why I'm starting it. One second of the show, but it has been everywhere. And it's one of those shows that shows up all over my various feeds and it's all just like two hockey players sort of smoldering. Like I couldn't tell you anything about the show. Wait, is this a reality show? No, it's a drama. Okay, but it appears to just be nonstop sexual attention between hockey players. It's more than tension. It is full on skin a max style but in every episode. And the internet loves it. Yes. Okay, I guess you're skating. I always think of hockey players as a shoulder situation. It's both. I guess I've revealed a lot about how I think about hockey players. You have. I grew up in Wisconsin's Minnesota. Jason, there's a lot of hockey floating around. That's true. I lost to a number of hockey players in my youth. That's what I'm trying to say. Okay, so Travis is captured at 60. I kind of feel like 60 is as low as I am interested in going. Because if this is all in the guys of going to Netflix, Netflix keeps saying that it's going to keep HBO Max alive, that it'll keep being something. I have a very hard time imagining that's going to be the case. But I suppose it's going to be a while. Whatever will kill HBO Max is probably not going to happen in the next, let's say 12 months. 85. So Travis is 60. I'm at 85. That means you get the final call. Yeah, I think we're going to split the difference. We're going to put it. We're going to put it at like 75 because I think I think there is it has begun. It's inevitable to my eyes, but it's going to take a while. Right. Because 90 is actually dead. So we agree that it's not 90. Correct. It's not currently dead. Let us know if HBO Max is currently dead. You can only go 90 the ones. You can live at 89 for a long time. So my argument is that death is imminent. But I think I think death actually will take several years. Yeah, I think death is looming, but it's not it's not. It's not. It's not. It's a good looming. Yeah. All right. Fine. He did rivalry did get picked up for season two. So, you know, that's that's not by the other 12. Yeah, exactly. All right. Next on the list, let's do one that definitely isn't going to be as high or higher. Let's go with YouTube. I mean, it's zero, right? It's default alive forever. We were talking about this earlier, like the sequence of things that I would have to imagine in order for YouTube to be above like a 20 seems essentially impossible. Yeah, there's no way. Like you'd have to you'd have to break up Google. There would have to be some gigantic economic disaster. Like so many the heat death of the universe would have to be in range before YouTube would go away from zero. Travis, any any disagreement there? No disagreement on this end. Okay. What's the hockey player situation on YouTube? There are no gay hockey players on YouTube. So I'm going to put it at one. All right. Next up, let's do let's do peacock next. The other one we were talking about. Neil, where do you land on this? peacock is over 45, but it is under 75. It's it's in the like you're not default alive. Really? I would have thought you wanted this to be in like the high 80s. Well, no, because they have the Olympics. They do have the Olympics. Right. And it's also like NBC just split up the company. A concaster split off all the cable channels into MS now and whatever CNBC rebrand exists that honestly makes it looks like a healthcare services firm. I don't know what that is. And they think the business is peacock. Right. Right. Like universal studios and NBC television and peacock is the business and the cable networks are left to I mean, when they do these splits in Hollywood, they refer to these like anti-bisnaces as shit codes, which is very funny. And so peacock is more alive than not because they have executed the split. They got rid of the stuff they don't want. They're all in on this as the future. But then they have the taste that they have and they are still sub-scale. Right. They're not as big as Netflix or not as big as YouTube. And they're going to put arrival ads on the home screen and basically bully you into watching the Olympics on it. Like that's closer to death than not. Right. It's not it's not a given that it will survive. Yeah. But it is they have more assets in their favor than not. Travis, what's your what's your peacock stance? My peacock stance. They have the most popular reality TV show called the traders. So that's something. Is love Island also on peacock? Yes, it is on peacock. There you go. They've got love Island. They've got the traders. Yeah, but do they have gay hockey My personal experience with peacock is very weird because I watch peacock a lot because it has horrible taste and television. Well, no, it's because there was that run of NBC sitcoms that was like 30 Roth the office community, the good place new girl. Like they had this run of shows that are now on peacock. And so I watched them a ton because it's like easy background viewing while I'm doing other stuff. I literally don't think I could name you a thing that has premiered on peacock in the last like three years. It just doesn't it's it's purely a library streaming service. Let me ask you the other the most important. What are you doing when you like need new girl on in the background? You say this a lot and I think about like my day today. I'm never like I'm doing something that requires new girl. So I mean, this is all going to reveal a lot about my personality. I generally will like when when a lot of people would listen to music, I will often just watch a show. So like if I'm cooking instead of listening to music or podcasts, I'll often just like put a show on. I usually play video games with the sound off and I'll watch a show. I do it while I'm cleaning. It's just like it's it's it's it's background noise. And I would actually you know, funny way. This is change since we had kids. So we like we're trying we do less TV. So there's a lot more music in our house than there used to be. But like Anna with downtime will fill it with episodes of long order SVU. And for me, it's NBC sitcoms from like the 2000 dish era. So that's where okay. Here's my recommendation. My my wholehearted recommendation. Him advice. Stop doing the TV shows while you play video games. Instead play very dramatic instrumental music. He playing Madden with explosions in the sky in the background is like, ah, it's very good. I used to exclusively write with the Pirates of the Caribbean soundtrack playing. So it made everything feel so sick. That's a strange choice I could get behind. Yes. That's incredible. Just he's a pirate on repeat makes every blog post seen unbelieveable. All right. I'm good with I'm good to think I can this 60s. Travis any any objection this feels about it. No objection. I think this is a great spot. Okay. I think it is a less good streaming service than HBO Max, but it has many fewer corporate shenanigans. So this feels about right. All right. Let's do prime video next. This is a weird one. I'm putting prime video at 70. Really? Yeah. Yeah. Higher than peacock. There is just a chance they get bored. Yes. That's the case. Meaningful chance that Amazon is like, whatever we resell Apple TV and peacock here, we do not need to make any of our own stuff. So I guess I'm sweating this. The idea that prime video exists is a reseller of content and video store. No, this we're talking like original streaming service. Like prime video, the thing that makes fallout. Yeah. It's it's definitely 70. There's a very high probability that Amazon just gets bored of being in this business. It sucks. But they just paid all this money. They paid all this money for MGM and they paid a bunch more money for bond. Like for James Bond alone, you would think prime video would have some runway. This is like this is like 10 minutes of Amazon retail sales. That's true. I never watched prime video. Travis, do you? I do watch some prime video. I will tell you that they had a movie called Red, White and Royal Blue about the president's son getting into a relationship with a Prince Harry type figure in the UK. We have to start a show or Travis just recommends what to watch. This is our new podcast. Not hockey players though. Oh, I see. So I would put them a little bit higher on the scale. You get like the two point penalty for not hockey players. Yep. Yep. That's amazing. If they made a show that was about like incestuous royal family shenanigans, but like some of them are hockey players, I'd watch that. And you also bring you down five points on the scale. I also don't like that Mr. Beast has a show on prime video. I'm not a huge fan of that. So I'm happy with them where they are there. I will say that I want to watch the first episode of the new season of Fallout. I really enjoyed the first season of Fallout. And I watched it and I was like, I have no recollection of what happened during this first season. So now I have to watch all the first season again because bizarrely all the recaps are bad. That's how I feel about Stranger Things. Yeah. And there's something there where they make these shows and their events in the minute that they're live and then they just vanish from your brain. Yeah. Every time I watch an episode, I'm like, this is really good. And then like four hours later, if you were like, what happened in that episode? Big. I don't know. I got nothing. Yeah. I just I could not tell you what happened in the first season of Fallout. Yeah. Yeah. Okay. So yeah, that's the argument that they survived. Like just people being like, that's really good. Right? I should watch it again. I'll keep them alive. Yeah. I would I would have put it lower just because Amazon so thoroughly doesn't need to worry about the money from prime video. But the risk of like, and this has been true forever, that at some point, if Andy Jassy ever needs to cut budgets, this is the obvious one he will cut. I say seven. We've been moving between 67 and 72. We're going to split the difference. Split it at 70. Yeah. All right. All right. Deal. Next on the list, Paramount Plus. Yeah, I will hear nothing more than about it at 89. Yeah. Yeah. Based again, just on the total incoherency of Landman season two and on top of that, the lost Taylor Sheridan. Yeah. You know, history's greatest writer of women lost him somehow. 89. This is a company that is their lost. They don't know what they're doing. And even like, you know, I have like very conservative family that's like, what is going on with the show? It sucks. That's all I'm saying. No taste. Zero taste. Yeah. This is the thing that like the its backer has so much money and is so much pride. David Ellison will keep this thing alive as long as he possibly can. But what on earth is there on Paramount Plus for anybody at this point? I'm sure we're going to get notes from people watching Paramount Plus. There is a universe of the star track. We always hear from people who love star track. Star Trek is there. Apparently, there was a Matt Lockery boot. They have the mission impossible movies. There's a top gun is there. But they have the smallest catalog, the smallest service. Yep. The it is not yet clear whether they can execute well and make much watch things. They don't have the Olympics. It's it's messy over there, man. Yeah. Yeah. I agree. 89 is a little too high. As you said, you can live at 89 for a long time. But like 89 suggests that to me that there is no, there is no path back. Like you are this is it's not getting better, but you can stay at this place for a long time. And that's how I feel about Paramount Plus. I would give them the 80. 89 suggests like tomorrow it's going to die. No, as you said, you can live at 89 for a long time. Well, yeah, yeah, Travis, we're in the 80s. What's the hockey player situation on your level? Well, in terms of Star Trek, they did just announce that strange new worlds, which I think is widely agreed to be the best new Star Trek content ever since they started putting things back on television is ending after its fifth season. So it seems like we have maybe two years left there. So I would I would put it at at 85. Sure. Okay. There are no hockey players on Star Trek. Taylor Shedden. This is the Star Trek reboot I would watch. We landed on a planet of hockey players. I'm not tracking by any stretch of the imagination. Be me up. Why don't you get me so bad? We got to end the show. Boy, all right, three more to do here. We're all going to recover. It's going to be okay. Let's do the Disney bundle. Great. Which is also fair. I think it's unfair that you bundle these. Really? Why? Because Hulu is at 89. Yeah, that's why I bundled it. Like I'm I'm like Disney pluses at zero in Hulu is 89. Like how do you it's at 45? Hulu, I think Hulu is at like 89. Even Disney would tell you Hulu is a dying entity and will eventually just become a tile in the Disney plus app. I'm just saying in your thing, you have one thing that's at 89 and one thing that's at zero. How do you place this tile? Okay, fine. Then we'll just call this Disney plus and then you can you can be annoying because technically you can watch Hulu inside of Disney plus. Like sure, but this is Disney plus. We will just call this Disney plus. Zero. I think that's it's it's zero. I think that's right. Again, it's their business. Now, Bob Eiger is making some astonishingly stupid. Absolutely. I think licensing the IP to open AI, paying open AI a billion dollars in investment money and then giving the IP up is as stupid a move as I've ever encountered in all of our years of covering this business. At the same time, sending Google a cease and assist, like you know, it's worth some money, right? That's why you're threatening Google. You want to get paid, right? But then idiotically, you've paid open AI to use your IP is nonsensical. If anything, you should do that in reverse. You should invest in Google, which is good at making money. So then you will get some money back investing in open AI is like Sam, we're going to buy you some more runway to do nothing. But it's like cool and fancy. And I think Bob Eiger really likes being cool and fancy. I don't know. He's usually he smarter. Like if you were like David's as a lot is like Sam Altman can have a billion of my dollars and all of the rights to Batman. He's an idiot. Eiger's usually a little bit smarter than that. Yeah. Yeah. But that's the argument away from zero for Disney plus, but it's their whole business. They don't. There's not another bet. It's at zero until they waver from that bet. And for what we were talking about earlier, like you could just do a good job. Disney continues to do a good job, right? Like there is just it Disney owns Hollywood in a pretty meaningful way still Travis, you just made a face. I don't know. Have you poked around Disney plus lately? Just wait till it's full of weird Sora Slop. I guess if you have kids, it's great. I mean, if you like Disney movies and you like Marvel and you like Star Wars, great. Otherwise, there's not a lot of original stuff on there. If you're a young American, this is Taylor Swift six-part-era's tour documentary or racer and I will not stand for it. Sure enough. Should we have an entire conversation about how that documentary completely suffers in the lack of any critical distance whatsoever? I can do that for you all day and all my. That's the vert cast everybody. That's what we do. All right, two more. Let's blast through this and get out here because I actually think both of these are pretty easy. Let's do Apple TV next. Apple TV, I think, kind of has to go next to Prime Video for exactly the same reasons. It is the exact same thesis. No, it's a little lower. It's over 45 for the thesis, but they just read it. The sounds, plebis is a hit. Eddie Hugh seems happy. They're not going to abort because they like it. Sure, but again, for the same reason, Apple is a couple of executive turnovers away in a season full of executive turnover from all of the people who believe in this thing, maybe not being there anymore. Yeah, but though like if Eddie Q leaves Apple, does Apple TV still exist like I will move the number of Apple if Eddie Q leaves Apple. Interesting. Okay. Do you mean like if when Tim Cook and Eddie Q leave short, like, well, that's why I'm moving. That's my prime videos up because I think Jeff Bezos like having a movie studio. Oh, yeah. I think Andy Jassy likes cloud computing. Yep. Apple, I think they, I think Tim Cook likes that he can summon Oprah. You can just do it. Like very few people can summon Oprah and Tim is one of them. That's true. Travis, you were saying a bunch of really mean things about Ted Lasso before we started recording. What do you think? I think the third season of Ted Lasso was bad. I'm not excited for the fourth season of Ted Lasso. I will say on Apple TV, there's a fantastic animated show for kids called Shape Island. If you haven't checked it out, definitely worth checking out. And the video that they put out about how they made the new Apple TV motion graphic that appears. Have you seen this video? It's very cool. They actually made it physically. So that thing that you see when the app, when you, when you turn on Apple TV, if the Apple logo going, do do do do like that happened in real life, which is pretty cool. Yeah. Yeah. And they got finneas to do that little sound. Yeah. This sort of thing. They're not bored. They're like having a good time. They're having fun. They do seem to be having a good time. I will give you that. All right. So this puts Apple TV to 60. I feel the right about a 60. Travis, you feel the right about a 60? I feel great about a 60. All right. And then last but not least. And I think maybe the single easiest one on the board, we have Netflix. Okay. So here's what I had to Netflix. Based on the fact that we moved YouTube to a one due to its lack of hot hockey. You put Netflix at zero. Uh-huh. There's hotties on Netflix. And then I think he got a scoot D plus to one. Yeah. Right. Netflix is less dead than both YouTube and Disney plus. Yes. Or, or you, you remove the penalty from YouTube. You put YouTube at zero and you put both the Netflix and Disney plus at one. No, I think Netflix is for sure a zero. And then I think to zero, then I think YouTube is a zero minus the hockey penalty. This was my assumption as we were coming in was that it was going to be Netflix and YouTube all the way at one end of the spectrum and then mostly a fight on the other side of the spectrum. Like the fascinating takeaway to me about this. And if you're listening, we'll post this graphic in the show. So you can see it. But there's nothing in the middle. And this has been true for a while now. There is like this stuff is so stratified now. Like we have the winners of the streaming wars. It is, I think it's Netflix and it's YouTube. And then Disney realistically in this world should probably be like a five just because it hasn't, it hasn't sort of set the world on fire in the way that Netflix and YouTube have. They have more resources. They have more stuff. They have broader. And when Disney makes a move, it's not like, ooh, right? Like it doesn't reshape the industry. But Disney has an order. Like I, you should sign up to Disney's pledge just to watch and or it's very good. For sure. And yeah. And so I think I'm fine with Disney plus landing at a one. Like I'm not, I'm not upset about that. But it is very clear. And this is like the stuff we were doing this week that not only are YouTube and Netflix ahead, they're now sort of playing a different game than everybody else is. Well, to be fair, this list does not have the usual suspects in the middle, right? You're to be in your country role, which sort of like live at 45 are not here. Sorry. Did you just call crunchy roll a usual suspect in the streaming? When we've done this chart, crunchy roll has been on the chart a long time. I don't even control still live. The control going on. This is why it's not on the list, buddy. Can you Google Crunchyroll? Crunchyroll is still around. So is to be for that matter. And no, you're right. There are a bunch. But this is these are the players, right? Like for a long time, this has been the perceived kind of a list group of streaming services. Sure. Yeah. I agree with that. I'm just saying the usual things in the middle are not here, which is all the mid-tier stuff that is just sort of puttering along. Yeah. That's fair. I'll keep you that. All right. Travis, any objections to any of this before we get out of here? Well, you got to read it off for people where we, I will. Let's lock it in, David. Okay. So on the go 90 scale of doom streaming services, we have Netflix and YouTube at a zero. We have Disney at a one. We penalized and then un-penalized YouTube for its hot hockey players. And I feel okay. I'm confident you can find hot hockey players. I'm sure you please send Travis links to hot hockey players. Don't do that. This is a workplace, everyone. We have Apple TV at a 60. We have peacock at a 64. We have prime video to 70. We have HBO Max to 75. Those four together, by the way, feels very right to me. Actually, like that, both as like a group together and in the specific order that feels good. And then we have Paramount Plus, I would say generously at an 85. And that is the list of the go 90 scale of doom streaming services at the end of 2025. That's right. Thank you both. Travis, your vibe coding is good. It gets better every time. Travis, the next test is to make these games playable for everyone. I would love a version of this where everyone could play and there's like consensus. We invite all the listeners live in real time to move these things around the chart. Yeah, we can get there by the end of next year so that everyone can open up a good phone app and move the things around. And at the end, we like display it in a live show choice. Love to drive to the verge. It's a good idea. Yeah. All right, we're going to take a break. We're going to come back to do a lighting show. We'll be right back. Bye. All right, we're back. It's time for the lightning round. Eric Gomez, I believe we have a sponsor this week. That is correct. This week's lightning round is presented by AWS. How leading businesses use AI for next level innovation. Nila, we don't have to do branded anymore. Are you so excited? We did Brendan already. It's always one of my lightning round ones. I know. You go first. What's outside of Brendan Carr's dummy? Open your mind once again. This is a true lightning round item. In a piece of only the verge cares enough to break this story. Sure. A bunch of people who own LG TVs recently noticed that an icon for Microsoft Copilot appeared in their web OS doc. And they couldn't delete it. So this is obviously very bad. First of all, your TV maker just installing apps. He can't wait. It's bad. And so I'm not asking all very bad. In selling Copilot TV is so dumb. So you started to show it's like, did you want to make a spreadsheet out of this? So this story breaks. I kid you not on the R mildly infuriating subrate. Which is perfect. It has 36,000 upvotes. If you want to get rid of this thing. So what is a verge for? We do the reporting. We get the companies on the record. They say what they say and they have to say about it. That's what the money's for. That's why they pay this so we reach out to LG and they confirmed to us that they had in fact put Copilot on all these TVs. But in this is so sad. It's not actually an app. It's just like a browser shortcut, like a bookmark that opens the TV's built in browser and goes to Copilot on the web. Which is just the saddest saddest AI integration of all time. First of all, can you imagine being on your TV and be like, what I really want to do right now is open the TVs built in browser to go and use Copilot on the web. And also the company that sold me this TV thinks that should be on the home screen by default. This is the worst outcome for WebOS in history. If you were called WebOS, remember Palm reinvented itself with WebOS. They're like the whole internet is the web. Our application environment is the web. This is the future of the phone. They collapse and then now LG runs WebOS. Because it's a tough beat for Web apps. That one. You know what I mean? It's real bad when you're like, well, it's WebOS. Just do a web link. Anyhow, because we asked LG and we pushed them and they saw this stuff, LG is also confirmed. And I'm just going to read the quote, LG, quote, respects consumer choice and will take steps to allow users to delete the shortcut icon if they wish. So you can't delete it now. But due to LG's respect for consumer choice, they will take steps to allow you to delete the Copilot bookmark that opens the built in browser on your LG TV that they have placed in your dock by default. This is such Tim Robinson and hot dogs who going, we're all trying to find out who did this energy. It's so bad. Oh my god. I love, I love that they're like, we just, people want, they just want to open Copilot on the web. This also on the heels of a bunch of news about how all of Microsoft's AI tools are bad and nobody likes them. And it's just, it's a tough times. Antonio did another round for us. Microsoft put out a Copilot on Windows ad. It's always during football. So I always see it. They put out a holiday one where people are asking Copilot a bunch of questions about like putting the other IKEA furniture. And there's one specific one where someone says, here's my HOA rules. Here's a picture of my holiday light display. Tell me if the light despite meets the rules. And I saw that in the middle of just a devastating heartbreaking Packers loss and thought to myself, that can't do that. And you should not trigger that reaction to me in the middle of Packers game. Right. Like I shouldn't be thinking Microsoft is lying in the middle of Packers game. We're losing in which Micro Parsons get hurt. Like I was like, Antonio, you're ready about this now. And it just absolutely can't do that. In fact, it can't do it to the point where one of the demos in the ad is, how do I make my light sync to the music? And Copilot in the ad goes and opens an app called like Rella Cloud, which is a fake company. No, Jesus. It's one of Microsoft's like Microsoft has all these fake companies that they famously use in demos. Here's like Contoso and all this stuff. And it's one of those. So Microsoft is showing Copilot do a thing that you literally cannot do because it is just abstract. Nothing. How this is all very bad. I don't know what Microsoft is thinking. Like not only can I not do it, what it's showing the ads can literally not be done because it's showing things that are not real. Microsoft is like not the only company that does this. It's everybody does this. Google runs ads that are like concept videos. Apple got in trouble because they did the the Siri video with Bella Ramsey in which they did a bunch of stuff that you can't do with Siri. Like this is a problem and everybody needs to stop doing this because in particular, the AI companies are just all in. I'm pretending the AI is so much more capable than it is to the point where it's trivial for us to assign the can copilot do this because we just ask the same questions and it is obvious that it cannot do these things. Yeah. All right. My first lightning round item is one of the most wacky controversies of the week. I don't know how much you saw this, but Blue Sky rolled out a new thing where you can import your contacts and see who else is on Blue Sky. This is the sort of thing that like every social network does. If you go on TikTok, it will relentlessly try to get you to upload your contacts to find people on TikTok. So this became sort of a mini controversy. I don't know, again, I don't know how much this like crossed your path, but there were a lot of people who were like, don't do this. This is gross. I hate this. Why would you make me upload my contacts? I don't want to do that. Don't be like these other social networks. And Blue Sky then had to go way, way out of its way to be like, no, we've done this in a way that is useful and also privacy-preserving. And basically, Blue Sky's case is the way that their system works. It only works if you've both uploaded each other's numbers. So it's essentially a sort of like half baked two way authentication system, right? So if I upload my contacts, it will only ping you that I'm on Blue Sky and me that you're on Blue Sky. If you also upload your contacts with my number in it. So if we have each other's phone numbers and we both upload our contacts to Blue Sky, Blue Sky will make the assumption that we probably want to connect because we are probably in some way also connected. That is one full leap better than all of the other services. It just is, right? Like if you upload your stuff to TikTok or Snapchat or whatever, it will snitch on all of those people and tell you who is there and what they're doing. I also don't think this is great still. Like I don't, I just, A, I think on principle, you should never upload your contacts lists to a service. Just period. I just don't think you should do that. But I also think, like me, I don't know, what's your read on this? Is this the best you could do if you're Blue Sky or is this just about it? Yeah, that they should stop doing. I think they did it in weird ways. Like you opened the app and it showed up in a way that reminded a lot of people with Facebook in the beginning. And so I think what people are reacting to is they don't want Blue Sky to be with the big social platforms and make all those mistakes and act with the dark same dark patterns. And you can explain how technically it's different and Blue Sky is always in the trap of explaining how it's technically different. Yes. Just is. And because it hasn't meaningfully federated yet, like there isn't another service on app protocol that's as big as Blue Sky, you know, I mean, like until the thing happens and they've proven out that their decentralized model actually enables all this other stuff. And if you hate them, you can leave. Then they're just they're just running Twitter again. And they're getting all Twitter's problems. And like that sucks. And I don't think they want to I think they're actually trying to make people so mad at them that they go and build other protocols or other apps and that protocol. But yeah, this one's weird. They need to grow. Like in a very real way, they need to grow. They're small. They're not going as fast as they were before. I heard a rumor that every single day threads on boards one full Blue Sky. Yeah. But the rises are not not relevant in any way. But Blue Sky has some relevant. So they need to grow the integral faster. This is one way to do it. But I think as you and I both mentioned on the show dozens of times now, all the growth and social network is not by people finding their friends. It's by finding other interesting accounts. Yes. Like that's not what public social networking is for anymore. Your friends are all on your DMS. So I don't know. I just don't know why this was their idea. They should make discovery across the network much more interesting. Because that's where I think you'll get growth and you'll get what you want, which is organic growth by people saying I saw this in Blue Sky and other people saying, okay, I need to sign up for Blue Sky. Yeah, I agree. And Blue Sky has had good ideas about this, right? Like it did the starter packs thing that everybody has since copied. Like this sort of how do you find stuff on this network thing? It's actually something Blue Sky seems to have some aptitude for it. And I totally agree. It's like find me good stuff. Lean into this idea of lots of different algorithms and lots of different feeds and like show me more things on Blue Sky. Don't try to like make me find my high school friends. I don't know. The real win, right, is when Blue Sky is more connected to the other networks and when other networks are more connected to Blue Sky. Because what you want is for threads and Blue Sky actually be one big network that all work together and they're not close. Right. Someday. Me live someday. I'm on Blue Sky. What's your next one? It's CES time, David, which means we are, but weeks away from Will I Am America's foremost tech innovator Will I Am announcing yet more products. And so it is only befitting that we check it on Will I Am's previous CES announcements from last year. And so you might recall America's foremost car audio innovation Will I Am's inbox sound drive. No, I don't. Where have you been? What rock and you've been sleeping on the moon? That's crazy. How did this inbox sound drive announce at CES last year was a feature in Mercedes Benz EVs whereby every time you accelerated or break the car the inbox system would dynamically generate orchestral music as you drove. What? Yep, this is a real thing. They announced this with great fanfare. Will I Am's inbox sound drive. That sounds like Will I Am said the feature turned the whole car into its own orchestra. You selected sound drive through the infotainment screen and then you would in-car signals would enable the music playing to react to the car in real time. So I drive it and move. That is the idea. On the Mount Rushmore of solutions looking for a problem, we might have to make room for inbox sound drive. That is that's for no one ever. It launched with 30 pre-selected tracks although Mercedes wanted it to be an open music platform for other artists to participate in. In the context of our ongoing review and further strategic development of our portfolio of digital extras, we have decided to deactivate inbox sound drive and remove it from our offerings at the end of this year. This adjustment allows us to continuously optimize our offerings and focus on developing future oriented innovations. You have been killed in the most corporate way possible inbox sound drive. I'm sorry, Andy Hawkins wrote about this first and I'm just reading his story now and Andy calls it a fun but superfluous gimmick and then writes this. For example, if you slow down the vocals would fade and when you accelerate the bass kicks harder. Andy, I love you. That is neither fun nor superfluous. That sounds awful. That sounds like actively unpleasant. I'm stopping in a stoplight and the music is going to get quiet. That's not what I want. There's a notable friend of the show who I love very much. They know who they are and they are the ones who forged me the email from Mercedes saying it was cancelled. I was like, dude, you had this? That's awesome. Also, I didn't realize this inbox sound drive was not running locally on the car. It was streaming from the internet, which is why Mercedes killed it. Just like think about this. It will I am. Here's my idea. When you drive, the bass kicks in harder when you accelerate, which is a perfectly will I am thing to say? Yes, it is. Fine. And Mercedes, like the way we're going to implement this is not by making that happen on the car. We're going to send data about your car to the cloud where we will dynamically generate music and then stream it back to the car. That is an open platform that artists will participate in. Less than one year later, they're like, that was stupid and he shot it down because no one was using it. Do you think someone at Suno is looking at this and being like, we can do this with AI? What if like, you know, look, will I am is going to be at CS and he's going to say some AI stuff and, you know, anything happened? Like we talk a lot about, you know, the Sam Altman's and Elon Musk's of the world who are like, maybe they're great as skill is just being able to raise money at all times. Will I am deserves a spot in that conversation? We've been doing this. People keep letting you do this. We've run multiple will I am is the kiss of death stories. Like over the past 15 years, I'm guessing it's at least three. Don't let will I am near your tech product stories. Yeah. All right, my next one is, so one of the stories you and I've been talking about that I think is like a big theme of 2026 is basically how do we computer? If there's this big bet happening on all these new interfaces and all of these new app store like things and all these new services that this if the question is how is AI going to change our computers? If you grant the premise that it's going to, what is it going to look like? And there is just like an infinite number of ideas. But all of them right now are chatbots. And so there was a bunch of news this week. The Alexa.com website is live. You can now do a bunch of Alexa plus interacting on Alexa.com. It's not a live, it's not live for everybody, but it's live for a bunch of folks on our team, which suggests that it's probably live for a lot of folks. It's not for me. It's just a chatbot. It's just out there. It is just a chatbot. You can do some Alexa things through it. Part of the idea is like you can control your house through the website in the same way that you would through the app. We're on the speaker. Like that's a good idea. These things are fine. There's also the chat gbt app store is now out. There's a bunch of like Instacart and DoorDash and a bunch of other things you can now do inside of chat gbt. The biggest one of all I think I've been talking to a lot of people about like how do you put AI into your app? And over and over people keep telling me we spend all of our time talking about the pro models and the stuff at the high end of things and the really expensive things. But it's the small, eventually local AI models that are going to be the thing that actually work for everybody everywhere. Like it's going to run on your device. It's going to run offline and whoever builds that good first is going to be the one who wins. Yeah. And so in that vein, Google launched Gemini 3 Flash, which is the little version of Gemini. Much cheaper to run, much faster, can run on more things, developers are going to be able to use it for a lot of stuff. That from what I hear is going to be a big deal. Everybody I talk to is so very excited about Gemini. And I think we're about to hit a point next year where we have at least a set of models that is going to start to get better less quickly. So if you like are happy with Gemini, you're probably going to stay with Gemini and Claw. It is out there doing stuff and chat gbt is out there doing stuff. MCP, the model context protocol, that's being turned into a true standard and sort of used across the industry. And now I keep talking to these app developers who are like, okay, now we know what the technology is. Now we can just go build stuff with it and see what it can actually do rather than just constantly reinventing our whole tech stack because somebody put out a new model. So I think all of this is like, we're still just doing chat bots, but we are very slowly pointing at something that might be after chat bots. Hey, I'm going to piece for us this week and note that all the big tech companies with stuff talking about AGI or at least they've rebranded it because they can't do it. You miss the most important one where I miss that Amazon is integrating Alexa plus with Ring doorbells. So it can recognize who you are and then the person at your door will end up talking to a chat bot through your doorbell, which is it wants to stop you. Oh, grant you the dystopia that also the funniest thing I can possibly think of like the endlessly cheery chat bot voice being like, that's a great idea. But have you considered like a door? Like you might have been thinking about getting in, but have you considered getting the hell out? Are you going to take David's package? Please don't do that. I'd love it if you wouldn't. It's very good. So before I say in rings, visually, I can already do this. So it can distinguish a person and deliver a uniform from someone casually stopping by and then it can talk to them differently. I'm dying to try this out. I'm also dying to invite Kevin and Riste in my house to see if he can get my doorbell the phone. Kevin, you heard it here first. We'll have you anytime. I can give you Neil as a dress. This is kind of what you mean. They're like, Amazon's in the like, let's put a chat bot in it phase. Yeah. Everyone else is like, okay, we have a thing that can do natural language in our face and natural language output. We're going to put it in our app in the smallest cheapest way we can and that will enable some new things. Right. And that might be as far as this goes. That might be how the bubble pumps might be because all this agentic stuff, even this chat, GMT app store is like, we're all next year. We're going to write about app developers doing the like small AI stuff to make our apps more interesting. And the big model companies like on the risk of crashing the economy. Yeah. An experiment I'm very excited to run is I'm going to have chat, GMT, Bimy groceries. I don't know what your household is like, but Anna, my wife is very particular about groceries. She is the type who will like stand there and read the ingredients on every bag of granola to decide which granola to buy, even though we've bought the same one the last 25 times. So I'm just going to go on Instacart and just be like, I want to much stuff. Can you buy me some groceries and we're just going to see what appears at my house. And I could not be more excited about it. It's going to be exciting for you. Well, it's great because when I grocery shop, I get sort of a point by point review on all of the things that I bought when I get home. And now that's going to be Instacart's problem. It's going to be great. Thrilled. This is going to get so badly. I will report back in the new year. Don't you worry. All right. What's your last one? I just want to briefly talk about Ford kind of pulling back from EVs. You know, they announced this new stuff. Jim probably put out a thing. He's like a structure in the company. We're putting all of our sort of battery capacity in their new energy storage division, which is like the thing you do when you invested battery capacity, but you're pulling back in EVs. You have to kind of do the same thing. And they're saying they're going to do more hybrids and all this stuff. But the one thing I want to call out is the quote unquote, canceled the F-150 Lightning. And they're going to put out a new one in this new fashion called EREVs, extended rage EVs. Okay. And everyone is like they're giving up in the lightning and they're going to put an engine in the new lightning. And this is just wrong. And the reason it's wrong is they're doing the thing that I think all of the pickup truck makers should have done with their pickup trucks in the beginning. They're going to put an engine in the truck as a generator for the electric powertrain. See, engine is never going to drive the wheels. And there's been other hybrids that work this way in the past. Actually, the cyber truck was going to do this. You know, they had to spend their engineering hours on the wiper instead or what happened with that thing. Ram was going to do this. But this is like a big idea that actually, you need the range. You need the towing capacity and these pickups and people have all kinds of feelings with pickups. And maybe you're never going to tell anything, but you still care about the towing capacity. I don't care. There's a reason people buy these trucks. And these are the stats that people care about. And so the idea is you get vastly more efficiency from an electric powertrain. You're probably on it most of the time. But when you actually need to go on a road trip or you need to tow, you spin up the engine. You run the engine at the most efficient part of its power band. And you make electricity to charge battery and run the powertrain. And this is like a genius idea. And I know it's a genius idea because this is how every diesel electric locomotive in the world works. Right? This is actually a very solve problem. There's a really interesting company in Canada called Edison Motors. It's a startup that is like retrofitting semi trucks this way. Right. And they're running into like weird regulatory problems because the Canadian government wants to like regulate the engines as engines and not generators. And there's no framework for them being generators. And like it's fast. You should follow them on tech targets. It's a fasting and watching figured out. But this is the idea. And so I actually would look at this and say Ford is finding a way to park a bunch of its EV investment into energy storage because you know, the regulatory environment has changed. And they have done the thing that they should have done and managed to play it off as back walking back from EVs in a way that probably makes the Trump administration happy and whatever political noise, culture war about EVs like calm down. But they're actually still shipping an electric truck. They're just adding the feature to it that they maybe should have had from the beginning that everyone else has been circling. Scout motors, other startup truck company, they're going to do it in the RTV with a generator powering the electric powertrain. That's the solution to the range. And you just get to run the engine way more efficiently, which obviously helps emissions, all so our stuff. But it's like, you can see a lot of cars are going to get there instead of being true hybrids. I think it's super fascinating. That seems like a good outcome. It's definitely a less ambitious version of the EV. But it also seems like we spent the last few years realizing maybe we overshot on the idea of what we were going to be able to do out of the gate. I think a lot of people are going to end up buying these EREV trucks and never run that engine. And then they might realize that don't need the engine at all. All right, my last one is just a tiny bit of news that has made me think about our predictions conversation from the other day. The news is that meta is pausing, it's word pausing, it's program to license out its VR operating system to other manufacturers. I find this very funny because this suggests that there are other hardware manufacturers who are interested in licensing meta's VR operating system. But it's also just a fascinating moment in sort of the whole metaverse project at meta, right? Like meta built out a huge amount of resources and infrastructure to make the metaverse happen. They were all in, they did horizon, they bought game studios, they started doing the hardware. Like for a really long time meta was not only the company most invested in doing the metaverse, it was kind of propping up the rest of the industry by itself. It was making the hardware, it was making the software, it was building the games, it was buying any good game that came out like meta was just determined to brute force this thing happening. And then the meta-raibins were a hit and AI started to happen and it feels like all of the momentum for the metaverse both in and out of meta is just gone. And so now I'm like, okay, if I had thought about it, one of my 2026 predictions should have been that the whole metaverse idea is just going to die. Because it feels like, again, like we were talking about with the streaming services, like if you eventually have to look around and be like, oh, look at this thing we're spending a lot of money on, it's that is completely ancillary to our business. Let's spend our money on something else. It would have to be the metaverse, right? Like at what point does Mark Zuckerberg just say we're doing glasses and we're doing AI and let that be enough? Goodbye. I mean, they will tell you Andrew Bosworth, the CTO of meta who runs reality, but I will tell you that it's still going strong. Yeah, I mean, that's what they even in their statement pausing the thing, they say we're going to, we're going to, you know, reinvestigate this as the category changes. Sure. Yeah, no, you're right. It's dead. They just, Mark Zuckerberg can't lose that much face that fast. Right? Because that would put a lot of heat on his AI investments. Because everyone would be like, well, you just sell this on the metaverse. You sell it money. Are you going to be right about AI? Isn't this bubble popping? So I think he's got to keep face over here. I will continue to say, I think everyone is deeply confused about why the meta glasses are popular. They just like having a camera that's convenient. They do not like talking to Mark Zuckerberg say I agree with that. But I think meta is deeply confused about that. I think they think they can shoehorn in an AI assistant to their camera glasses in a way that is just not going to happen. Well, and what's funny is I think, I think a display will add something in a meaningful way. And I think that will confuse everybody even further that actually what everybody wants is AI on that display. And I think they're wrong. Yeah, I mean, I know people have bought the display glasses and they don't like what I do. So they're not any good. Right, but that's that's that's a solvable problem. Is it? Yeah. I'm sure this stack wants to get to make this. We're two hours into this first casting. We don't have time for that. Put up the vibe code in charge. Let's go. But no, I agree that you're right. This is a hard problem to solve. And there is no guarantee that they will solve it anytime soon. But I just think like even if you think at this point at the end of 2025, that your Mark Zuckerberg, you have unlimited power and unlimited resources and you want to skate to where the puck is going, it's obviously not the metaverse anymore. Like it just clearly, there's no case to be made anywhere that the metaverse is the next thing. So I have this underlying theory that Silicon Valley just desperately wants us all to be brains and vets. If they want it real bad, in a way that they talk about it more and eyes, you have to have eyes. No, they have to show you stuff. They can they can screw with your object nerds. Brains and that's their okay ones. Brains and vets. Yeah. And then, you know, then your entire life is just a series of databases that can control. I, this is another show. Anyway, the point of all this is the metaverse was the ultimate sort of pandemic fuel brains and vets fantasy. Yeah. Like everyone's home all day long, they're using the computer. All the numbers are up. What if I put them in a reality that I can control now that there just be brains and vets. And it's like, yeah, then we all went back outside. Like sorry, like I have no interest in this. Yeah. And the one good thing that I bought was supernatural with fitness app, which people are still using and they're sort of iterating on. But it's just sad to me that because they bought that company, that company isn't fighting for relevance anymore. Do you know what I mean? Like if they had and bought supernatural with supernatural, be actually driving some sort of like more awareness of the art fitness, would they be marketing, would they be doing stuff. And like meta is just like, we're not you're fine. You're not spending a dime. Or would supernatural have like loudly gone out of business and hurt the whole project from that. I feel like we should end here by calling out Jen's incredible reporting on Iroh about this week, which failed because both the American and European governments did not let Amazon buy it. Then they didn't do the thing they should have done, which is try to do a good job. And now they're being sold to a Chinese company. Yep. Jen, every ounce of that story, Jen has broken. You should go read all the other version. Yeah, it's very good. And it's a super sad story. We'll have to come back to that. Is that continued? If you want to argue about the effects of antitrust law, it's like it's all there for you. So it's an ink block test of how you feel about antitrust. Yeah. Yeah, that's real. All right, but we need to get out of here. It's the end of 2025. This has been our longest first cast in a while. It feels good. Thanks. This is the end to end on. Yes, seriously. I'll see you in Vegas, bro. Yeah, we're going to stockbred in along the strip in Vegas and just see what happens. I'll drink Brendan any time, anywhere. And I haven't been drinking for a minute. It's going to get messy. Listen, I'm getting three hours of sleep at night. I'm ready for whatever you got for me, Brendan. I'm going to get so drunk I only refer to him as the chairman derisively. I love that. But a couple of housekeeping things before we go. Again, Verge Castle, I've at CES in Vegas January 7th, 330 in the afternoon at the Brooklyn Bull. We'll put the link to RSVP with all the information in the show notes. Please come out. It's going to be really fun. And a big part of it is just to hang. Like Verge Castle is fine. We like doing it. We'll talk about CES. But like being there with all of you is the point. And that is very fun. It's one of the most fun things we did this year. I'm very excited to do it again. We're going to have it last. Also, we are going to be gone. As of Tuesday, we have the holiday spectacular coming up on Tuesday, which was a super fun episode that I'm very excited for everyone to watch and listen to. But you and I are done professionally forever. This is it. Get on your face, Pierce. But there is, there's lots of decoder to catch up on. If you all haven't listened to Neilis mailbag decoder in which he tells you all of his feelings about everything, it's delightful. I enjoyed it very much. I've known you a long time and actually learned some like instructive things listening that upset. Also, some version history coming out. There's going to be a couple of version history episodes on this feed. But all of the episodes are on the version history feed and on the Verge's YouTube channel. So there's there's lots of stuff for you to do over the holidays. We're ending version history. Can I say it? Ready with Tivo. Yeah. Which I I don't have favorites. I love all my children equally with that. I have never had more fun making a version history. I mean, then it was with the iPhone 4 as a high. It was it was very good. I mean, I'm just saying the ones I was on. Tivo Tivo was blast. It's a really good episode. I think you will you will really enjoy it when it comes out in a few weeks. But until then Neil, I work we're out of here. It's been it's been a year. God has it been a year. Brendan, we both had kids this year. We did there. Like and the kids are good. Just saying in case you're wondering, they're fine. Yeah, things are good. I think neither of our kids like sleeping right now. So apologies for whatever that has done to us on this show and in general. But now we're going to go hang out with our family for the holiday. I hope all of you have good holidays too. You can always email us VergeCastTheVersion.com. Call the hotline 866-1-1. If Brendan Kart keeps being a dummy while we're out, we require you to tell us that you need to keep the information coming because the holidays may come but Brendan Kart never stops. The VergeCast is a production of the Verge and part of the Vox Media podcast network. Shows produced by Eric Gomez, Brandon Kiefer and Travis Larchuk. We will see you on Tuesday and then in 2026. Neili, proctorial. Support for the show comes from L'Oreal Group using the latest advancements in science and tech to create personalized beauty solutions for all. The global beauty leader recently introduced two breakthrough technologies that bring the power of light to hair care and skin care. Light, straight and multi-stiler and the new LED face mask, both of which were recognized as CES-2026 Innovation Award honorees. Learn more about both technologies on l'Oreal.com. L'Oreal Group create the beauty that moves the world.