Content is power in today's world, and if you can own that content, create it and make interaction more of an experience than a transaction, you create a different kind of loyalty.
Almost every one of us interacts with the experience or sharing economy every day, and I'm proud that Rent the Runway has helped to popularize and normalize this behavior.
We are shifting into an enjoyment-based economy. And who knows more about making enjoyment than game developers?
We are always focused on how can we differentiate ourselves. In today's world, where people are gravitating toward experiences, it is even more important.
Live is truly a unique entertainment form; it cannot be duplicated and creates lifetime memories that fans are craving more than ever in this experience economy.
You always have to know what business you are in. Everybody thought we were in the basketball business. It's an NBA-team; we are not in the basketball business. We are in the business of creating experiences and memories.
What this country needs is a credit card for charging things to experience.
I had this thesis that we had entered the experience economy. People were getting married later and starting to value experiences like travel over owning things.
Wouldn't it be amazing if we spent as much energy investing in experiences as we do investing in things?