April 15, 2022

It's CNN Minus (319)

It's breaking news time as Joe and Robert discuss Elon Musk's intent to purchase Twitter. CNN+ looks more like CNN minus as the new project begins cutbacks after barely starting. Coinbase will partner with BAYC on a film project. Robert is not...

It's breaking news time as Joe and Robert discuss Elon Musk's intent to purchase Twitter. CNN+ looks more like CNN minus as the new project begins cutbacks after barely starting. Coinbase will partner with BAYC on a film project. Robert is not...

It's breaking news time as Joe and Robert discuss Elon Musk's intent to purchase Twitter.

CNN+ looks more like CNN minus as the new project begins cutbacks after barely starting.

Coinbase will partner with BAYC on a film project. Robert is not impressed.

Meta begins their metaverse project with price gouging, while BeReal is the new social app darling.

Rants and raves includes true quality content and the dark side of content marketing.

This week's links:

Elon Musk to Buy Twitter

Jack Dorsey's First Tweet Does Nothing

Big Cuts at CNN+

Coinbase and BAYC

Meta Overcharges

BeReal Growth

Marketing Dive Sponsored Research

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Timestamps

00:00 Intro

00:23 Creator Economy Expo is Almost Here! Save 25% with Promo Code!

00:48 Breaking News: Elon Musk Considers Purchasing Twitter 

09:00 Jack Dorsey’s First NFT Tweet Bid 

16:32 Show Rundown by Robert

19:00 CNN+ Begins with Cutbacks and Layoffs

28:44 Coinbase and BAYC Create Film Series

38:38 Meta Charges High Creator Fees

47:28 BeReal App Increases in Popularity

54:07 Rants and Raves: Joe Quality Marketing Presentation 

58:07 Robert Rants GDMA Marketing Research Report

1:03:08 Weekend Plans; Robert’s Many Writing Projects; CEX Prep

1:05:44 Outro

 

Quotes

Joe: “[Elon Musk is] off the charts when it comes to engineering, innovation, and strategy … then when you look at actually being an adult and maturity level and the ability to create chaos, it’s at a different level altogether.” (6:19)

 

Joe: “I would love to see Disney, Apple, Amazon, or something … come in at a higher price and take this thing out. And, let Elon be Elon.” (15:09)

 

Robert:” Any one of us could have called this from the beginning. People are not going to pay five bucks for news without ads.” (20:28)

 

Joe: “Is there a possibility that the regular consumer either won’t pay for news or they won't pay any more for stuff? They are paying a lot for stuff. They’re paying for HBO Max. They’re paying for Apple … They’re paying for all kinds of stuff. And they’re at a point now where they're looking at it and saying maybe we shouldn’t be paying for all of this stuff.” (20:50)

 

Joe: “It’s only been like two weeks! Are you kidding me?! The boss hasn’t started yet. Most of the marketing hasn’t even gone out yet… You said we’ll see how the numbers look in seven days.” (21:59)

 

Robert: “For the most part, when we see who owns the BAYC, it’s people who can afford for the investment to go to zero. It’s not going to be a big deal if Paris Hilton, Jimmy Fallon, or any of these people’s investments go zero.” (37:48)

 

Robert: “It feels like Facebook/ Meta shooting itself again in the foot before it even launches … say[ing], ‘here are all the reasons you shouldn’t do this.’” (41:17)