Aryeh Bourkoff talks with NYSE podcast about markets, space travel, and scale players
As the host of the hit show KindredCast, Aryeh Bourkoff has spent the last three years interviewing leading figures in the world of media and technology. From Apple Music creative Larry Jackson to journalism mogul Arianna Huffington, Aryeh has brought brilliant thought leadership to our audiences around the world.
Now, the tables are turned! Following an interview with NYSE Group President Stacey Cunningham, Aryeh spoke about the future of media markets with the Intercontinental Exchange’s Josh King on his show, The ICE House Podcast. Here’s what we learned:
1. Scale players will continue to be in motion.
One of the major themes of Aryeh’s 2019 year-end letter was ‘scale players in motion,” a trend unlikely to go away any time soon. “Facebook, Amazon, Comcast, Apple, AT&T, Disney, they’re not likely to merge with each other,” Aryeh said. “So, you kind of know the players now. But they’re not fully formed. Viacom, CBS, I mean, that’s not the be-all end-all. Even though we participate in that merger, there has to be
more. So they have to be in motion still.”
2. Experiences are an extraordinary business case.
When asked about his interview with Sir Richard Branson, Aryeh spoke to the value of experiences. “Ultimately, this is not just a travel experience, but also an entertainment experience,” Aryeh said of Virgin Galactic. “[Branson] can imagine concerts happening from space that are broadcast here. Even watching any launch is fascinating. I mean, now they’re in New Mexico, but I went when they were trialing them in the Mojave Desert, and it is fascinating to watch.” While Aryeh appreciates the incredible content that comes from television and podcasting, he emphasizes the importance of the physical experience. “Going to a concert, going to a museum, going to an event, having an experience is seared in your memory, and unique, and hard to replicate through technology….Companies like Live Nation and other experiences companies, but even private ones. Virgin Galactic, a positive public one. Very interesting trend, I think it’s going to continue.”
3. Business literature isn’t the only way to learn about markets.
In the earliest days of his career, Aryeh worked for The CED Companies founder Alan Ginsburg. Eager to learn and grow in his position, he read the Business section of The Wall Street Journal avidly each day. One day, Ginsburg asked him if he read the paper. “Thinking, ‘What deal did I miss? What happened? Did I miss a number?’” Aryeh reminisced. “[Ginsburg] goes, ‘No, no, no, no. Forget the numbers. The Opera House burned down in Florence. You didn’t read that?’ And I said, ‘I didn’t even think to read that.’ And he said, ‘You’re going to have to be a little more open-minded about this.’” This call to open-mindedness has inspired Aryeh to think beyond the box, especially in his highly-anticipated year-end letter, which demonstrates the symbiotic relationship between the markets, arts, and culture.
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Listen to Aryeh in conversation with Josh King, host of the Intercontinental Exchange’s ICE House Podcast, embedded below or available on Apple Podcasts, iHeartRadio, Spotify, Stitcher, TuneIn or wherever you get your podcasts.
