0:07
So, I don't think this would work.
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0:08
So, let me start with that.
0:09
But, there's something interesting here where So, Netflix recently, you know, Netflix in the last few years started going heavy into comedy.
0:18
So, comedy used to be like HBO kind of owned the space uh where they would do, you know, HBO specials.
0:25
Um and then that kind of dried up and comics are like cockroaches. They'll always survive.
0:30
It's like, "Okay, we'll go play in the dingiest room. We'll go on stage.
0:32
We'll get a Netflix special. We'll get a HBO special.
0:36
Okay, we're back to the dark room again."
0:38
Like they won't quit cuz they're like degenerate.
0:40
And now podcasting has been a huge boom for them.
0:43
Um So, Chris D'Elia, who also just had a Netflix special come out.
0:46
Um these guys make tons of money, right?
0:48
So, Netflix started cutting like 10, 20 million dollar checks, I believe, to these comedians because they know that comedians have these like rabbit followings.
0:57
And uh the content is good.
0:57
It's unique and sort of proprietary content.
1:00
But, I think that there's a product out there, sort of like a crunchy what Crunchyroll did for anime.
1:05
I think somebody could do for the mid-tier comedians.
1:10
I think you could make a sort of $5 a month, $7 a month sub- subscription to uh the the the comedians that are not going to get Netflix specials, right?
1:19
So, not Chris Rock and not Seinfeld and Chappelle and and all those guys, but like the next tier down, like uh e- even, you know, one level below like the Whitney Cummings of the world, right?
1:30
Cuz they're still getting Netflix specials.
1:32
And I think you could add them up and it doesn't have to be the hour-long special.
1:34
It could be like a 10-minute set uh set or a 20-minute set or something like that.
1:38
And I think you could get I think each of them have a few thousand fans that would pay to be able to access that exclusive comedy content.
1:46
And um and so you would ag- if you just aggregate all the comedians, then it's a sort of all you can eat pass where uh as a viewer I I discover other comedians, too.
1:55
So, anyways, I think that there's a business potentially for a mid-level Netflix for comedians where you aggregate them. What do you think? Great.
2:04
I'm looking up information so I can I I my brain's rolling and I'm going to Let me Let me tell you what I think.
2:10
So, uh first of all, Quibi, I imagine is trying to do something like that.
2:13
So, Quibi um Is that even [ __ ] how you say it? Quibi? that is. It's pretty stupid.
2:18
Uh I mean, look, I think with Quibi um it it actually can be great because the people who are running it are like super smart, but it it does not look like a good bet now, but it still might be.
2:29
Um anyway, they're trying to do something like that.
2:32
Second, I think that that is a great idea and I think the way that I would find out how to do it is I would look up Qello. Q E L L O. Have you heard of Qello? Never heard of it. Okay, Qello's cool.
2:43
So, what Qello is is it's a it it's I think it was started way before its time.
2:48
It's an app on Apple TV and all they have is live concerts.
2:53
And so, it was started in 2010 and um it's available on It's like an It's a app for your phone, but I think it's best on Apple TV and you can download it and you pay 10,000 or um Is it maybe $10 a month?
3:05
10 Sometimes $10,000 a month.
3:10
Uh I think it's $10 a month and you just get access to a a library of live concerts.
3:14
Have you ever wanted to do that or is that just me?
3:18
Uh I kind of do this on YouTube.
3:18
But, YouTube like has enough free Like I I listen to a bunch of like Red Rocks concerts, right?
3:23
Cuz there's a concert venue called Red Rocks, which is awesome.
3:25
And like anytime a musician goes there, they film it in like epic with epic cameras and sound and they're just like available on YouTube for free, but this is cool. I like this. It's awesome.
3:35
And the it's it's it's better than YouTube, but YouTube is great.
3:38
And the reason it's better is because like if you buy like a concert DVD, the camera works a little bit better and the sound is a lot better.
3:45
And I love live music and so I am a big fan of this.
3:47
And they have 70,000 paying subscribers.
3:50
They were recently acquired by Stingray Communications, which is a publicly traded company in Canada. It's a cable company.
3:56
So, if I were you, Sean, and I wanted to launch this, or if I was a listener and wanted to launch this, I would look up Stingray Communication, and I would go and read the the filing for that company, and I would figure out exactly what Quello does. That's what I would do.
4:08
Um and I would learn about how they did it, because it's a relatively niche thing.
4:14
They only have 70,000 um subscribers.
4:17
It's not huge, and they've been at it for 10 years, so it's not a big number.
4:19
And I think it is an incredibly viable business.
4:21
Um and I think it's great.
4:23
Another thing Another thing that I would do is I would look up Discovery Channel and then National Geographic.
4:28
Are you familiar You're familiar with National Geographic, obviously, right?
4:31
Okay, National Geographic is still a huge company.
4:32
It It It uh uh Disney recently bought into it at a billion-dollar valuation, and they still make They still make hundreds of thousands or um hundreds of millions of dollars a year from their magazine subscription. Is that crazy? That's insane.
4:50
And so, I would figure And but they But here, National Geographic was a nonprofit.
4:53
And uh and so, the good thing about nonprofits is you can go and see all their numbers.
4:57
And so, what I would go and look at I would look at Discovery, and I would look at Nas- National Geographic, and I would look at Quello, and I would see what they are doing, because those are those are relatively niche um subscription companies that crush.
5:09
So, long story short, great idea.