# TIVP059: Netflix (NFLX): The King of Streaming w/ Shawn O’Malley & Daniel Mahncke

Page: https://stenobird.com/podcast/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362/tivp059-netflix-nflx-the-king-of-streaming-w-shawn-o-malley-daniel-mahncke
Text version: https://stenobird.com/podcast/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362/tivp059-netflix-nflx-the-king-of-streaming-w-shawn-o-malley-daniel-mahncke.md
Podcast: [The Intrinsic Value Podcast - The Investor’s Podcast Network](https://stenobird.com/podcast/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362)
Published: 2026-02-15T10:00:00+00:00
Episode link: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/PPLLC2439244964.mp3
Audio file: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/traffic.megaphone.fm/PPLLC2439244964.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362/episodes/tivp059-netflix-nflx-the-king-of-streaming-w-shawn-o-malley-daniel-mahncke
Duration seconds: 5138

## Resource

Shawn O’Malley and Daniel Mahncke break down Netflix (ticker: NFLX) and discuss whether the company has finally won the streaming wars. While growth looked challenged back in 2022, Netflix has proven resilient in the face of competition and economic slowdowns by leaning into advertising and password crackdowns, with much room left to run internationally. IN THIS EPISODE, YOU’LL LEARN: 00:00:00 - Intro 00:13:36 - How Netflix pivoted from mailing DVDs to streaming 00:14:48 - How Netflix killed Blockbuster 00:24:20 - Why the business works so well with two co-CEOs 00:46:25 - How being a first-mover got Netflix through the cash burn phase before any competition arose 00:48:29 - What Netflix is doing to sustain growth into the future 00:54:00 - What makes the company’s culture so legendary 01:04:18 - Why Netflix’s app just “works” better than the competition 01:18:03 - How to think about modeling NFLX’s intrinsic value 01:22:28 - Whether Shawn and Daniel add NFLX to their Intrinsic Value Portfolio *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES The Investors Podcast Network is excited to debut a new community known as The Intrinsic Value Community for investors to learn, share ideas, network, and join calls with experts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the waitlist(!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Sign up for ⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter.⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn how to ⁠⁠⁠⁠⁠⁠⁠join us⁠⁠⁠⁠⁠⁠⁠ in Omaha for the 2026 Berkshire Hathaway shareholder meeting. Track The Intrinsic Value Portfolio. Shawn & Daniel use Fiscal.ai for every company they research — use their referral link to get started with a 15% discount! Value Investors Club pitch on NFLX. The Acquired podcast’s episode on Netflix. Business Breakdowns’ podcast on Netf…

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362/episodes/tivp059-netflix-nflx-the-king-of-streaming-w-shawn-o-malley-daniel-mahncke/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/the-intrinsic-value-podcast-the-investor-s-podcast-network-786362/tivp059-netflix-nflx-the-king-of-streaming-w-shawn-o-malley-daniel-mahncke.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.