{
  "docId": "019de077-1646-7729-bb1c-c24e2b23fdb3",
  "docSlug": "f934b5ce0b55a6957718b28097645ab9",
  "documentTitle": "ValueAct Capital | Activist Presentation Deck | 19 slides",
  "authorId": "valueact-capital",
  "authorName": "ValueAct Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2024-03-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7598534,
  "pageNumber": 12,
  "pageCount": 19,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "comparison_table",
  "function": "compare_peers",
  "density": "sparse",
  "nDataPoints": 9,
  "notes": "The slide uses a 'Us vs Them' framing to highlight the structural differences between legacy media and Netflix.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de077-1646-7729-bb1c-c24e2b23fdb3/12",
  "deckHref": "/decks/019de077-1646-7729-bb1c-c24e2b23fdb3",
  "deckJsonHref": "/decks/019de077-1646-7729-bb1c-c24e2b23fdb3.json",
  "deckAnchorHref": "/decks/019de077-1646-7729-bb1c-c24e2b23fdb3#slide-12",
  "components": [
    {
      "bbox": {
        "h": 0.04,
        "w": 0.25,
        "x": 0.03,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Sources: Wall Street Equity Research, VAC Estimates. 1. Profits represent equity research EBITDA estimates",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9f813189-3536-4ea0-be0e-2e89d978a16c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.7,
        "w": 0.95,
        "x": 0.03,
        "y": 0.2
      },
      "kind": "table",
      "text": "Comparison matrix of Studios vs Netflix across Streaming Profits, Franchises, Linear Profits, Sports/News, and Creative Friendliness.",
      "attrs": null,
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "371dc92c-5295-4cd3-8091-1fdb5ea20390",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.35,
        "x": 0.03,
        "y": 0.05
      },
      "kind": "title",
      "text": "Us vs Them: Studios vs Netflix",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1c0391ac-0bdb-44d6-b3bb-270bd9e6762f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.65,
        "x": 0.03,
        "y": 0.11
      },
      "kind": "title",
      "text": "Disney and other Studios have common problems, common solutions, and a common competitor...",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "07f0c3bb-bcb8-4a8e-9cf6-85d7b7b89edc",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "2x2 matrix",
      "slug": "matrix-2x2",
      "agent": null,
      "layer": "slide",
      "matchId": "2ee9634f-29ec-4f87-84f4-48bd0a03355f",
      "evidence": "Comparison matrix of Studios vs Netflix across Streaming Profits, Franchises, Linear Profits, Sports/News, and Creative Friendliness.",
      "confidence": 0.7
    }
  ],
  "frameworks": [
    {
      "name": "comparison-frame",
      "slug": null,
      "matchId": "3c5130de-77ba-452f-a185-0afedfa967c0",
      "evidence": "The slide explicitly structures the content as a 'Us vs Them' comparison table.",
      "confidence": 1
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}