Jack and Nick

But the reason this story leaked wasn't because of an encryption issue, a hacking, or a signal error. The reason it leaked was a human error. The tech industry calls this user error. Yeah. The finance industry calls it a fat-fingered mistake. Yeah, we do. You and I call it, oh my God, I texted the wrong person. Oh, delete, delete, delete. The Situation Room is more mistake-proof. Yeah, it is.

It would have been harder to add the wrong person to the Situation Room. Because someone would tackle them. But Signalgate is a reminder that the system is only as secure as the person using it.

It would have been harder to add the wrong person to the Situation Room. Because someone would tackle them. But Signalgate is a reminder that the system is only as secure as the person using it.

It would have been harder to add the wrong person to the Situation Room. Because someone would tackle them. But Signalgate is a reminder that the system is only as secure as the person using it.

For our third and final story, Elmo is seeing red, literally. Sesame Street is facing a perfect storm of problems as their deal with HBO ends. Because Cookie Monster is facing competition from Cocomelon. I'm sorry, Jack. One second. I'm just a little lost here. Can you tell me how to get to Sesame Street? For the last 10 years, Nick, you've had to take the HBO tunnel. That's right.

For our third and final story, Elmo is seeing red, literally. Sesame Street is facing a perfect storm of problems as their deal with HBO ends. Because Cookie Monster is facing competition from Cocomelon. I'm sorry, Jack. One second. I'm just a little lost here. Can you tell me how to get to Sesame Street? For the last 10 years, Nick, you've had to take the HBO tunnel. That's right.

For our third and final story, Elmo is seeing red, literally. Sesame Street is facing a perfect storm of problems as their deal with HBO ends. Because Cookie Monster is facing competition from Cocomelon. I'm sorry, Jack. One second. I'm just a little lost here. Can you tell me how to get to Sesame Street? For the last 10 years, Nick, you've had to take the HBO tunnel. That's right.

And why is that, Jack? In 2015, HBO began paying Sesame Street $30 to $35 million a year for the rights to the show. Jack, I think it was $30 million, $31 million, $32 million. Well, unfortunately, that lucrative deal with HBO is ending. And Hollywood is completely different in 2025 than it was in 2015. Back then, profits at streamers didn't matter. Profit schmuppets.

And why is that, Jack? In 2015, HBO began paying Sesame Street $30 to $35 million a year for the rights to the show. Jack, I think it was $30 million, $31 million, $32 million. Well, unfortunately, that lucrative deal with HBO is ending. And Hollywood is completely different in 2025 than it was in 2015. Back then, profits at streamers didn't matter. Profit schmuppets.

And why is that, Jack? In 2015, HBO began paying Sesame Street $30 to $35 million a year for the rights to the show. Jack, I think it was $30 million, $31 million, $32 million. Well, unfortunately, that lucrative deal with HBO is ending. And Hollywood is completely different in 2025 than it was in 2015. Back then, profits at streamers didn't matter. Profit schmuppets.

Subscriber growth is all that streamers wanted. But today, profits are all that matters in the streaming industry. That's why Sesame Street's New Deal won't be nearly as lucrative as the HBO one was. Plus, President Trump is basically pulling the plug on Big Bird. His administration has killed grants that Sesame Street and its long-term distributor, PBS, used to enjoy.

Subscriber growth is all that streamers wanted. But today, profits are all that matters in the streaming industry. That's why Sesame Street's New Deal won't be nearly as lucrative as the HBO one was. Plus, President Trump is basically pulling the plug on Big Bird. His administration has killed grants that Sesame Street and its long-term distributor, PBS, used to enjoy.

Subscriber growth is all that streamers wanted. But today, profits are all that matters in the streaming industry. That's why Sesame Street's New Deal won't be nearly as lucrative as the HBO one was. Plus, President Trump is basically pulling the plug on Big Bird. His administration has killed grants that Sesame Street and its long-term distributor, PBS, used to enjoy.

Just this Wednesday, Congress grilled the head of PBS, accusing the channel of bias. So, Sesame Street laid off 20% of its staff last month. They're even tapping Oscar the Grouch's savings just to survive. But yet, there's actually a bigger problem here facing Sesame Street, and it's brought to us by the letter C for competition. Nick, can I go full Cars 1 with an analogy here?

Just this Wednesday, Congress grilled the head of PBS, accusing the channel of bias. So, Sesame Street laid off 20% of its staff last month. They're even tapping Oscar the Grouch's savings just to survive. But yet, there's actually a bigger problem here facing Sesame Street, and it's brought to us by the letter C for competition. Nick, can I go full Cars 1 with an analogy here?

Just this Wednesday, Congress grilled the head of PBS, accusing the channel of bias. So, Sesame Street laid off 20% of its staff last month. They're even tapping Oscar the Grouch's savings just to survive. But yet, there's actually a bigger problem here facing Sesame Street, and it's brought to us by the letter C for competition. Nick, can I go full Cars 1 with an analogy here?

Okay, I like this, Jack. We're using a kid's show as an analogy to explain Sesame Street's competitive landscape.

Okay, I like this, Jack. We're using a kid's show as an analogy to explain Sesame Street's competitive landscape.

Okay, I like this, Jack. We're using a kid's show as an analogy to explain Sesame Street's competitive landscape.

Sesame Street is like Lightning McQueen. It's the most successful race car of all time by far. Okay, I'm following you. But now, Sesame Street is facing next generation competition. And the Jackson Storm is Coco Melon. And Miss Rachel is Cruz. And Bluey, I don't know who Bluey is, but Bluey's competitive too.