ENTERTAINMENT

DENIED!

eBay is a search engine for products. We're entertainment that happens to sell things. People watch Whatnot for fun. Buying is the bonus.

I ran Disney Studios. I co-founded DreamWorks. I know entertainment. I raised $1.75 billion for Quibi and it lasted six months. Turns out I didn't know mobile.

Our competition is not other education platforms. It is Netflix, YouTube, and scrolling Instagram. We are competing for leisure time, not study time.

Entertainment is the last thing people give up in a recession. They'll cut everything else first.

Las Vegas will never stop growing. People will always want to be entertained.

Don't own the talent. Own the stage. The talent changes. The stage is forever.

I don't represent talent. I create ecosystems where talent becomes worth ten times what they were before they walked in my door.

Hollywood runs on fear. That's why I run Hollywood.

Gaming isn’t a niche. It’s the largest entertainment category on earth. VCs who ignore it are leaving money on the table.

The internet changes the form of entertainment, but human nature stays the same. People want to play, to compete, to connect.

The hole in my pocket is just as important as the hole in my arm.

I was 14 years old on The Tonight Show. Johnny Carson looked at me and said I was going to be a star. I never forgot that. But I also knew the business behind the curtain was where the real power lived.

Hollywood was exciting. It was also very expensive. I learned some very expensive lessons about the entertainment business.

The circus was supposed to be dead. Everybody said so. But nobody stopped to ask whether the circus had just been done wrong for fifty years.