It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.
It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.
Certain irony in these companies splitting their content and now considering merging it back.
I’m glad I could contribute to their lack of profit by simply not paying any of them.
Arr. Well done me matey.
It seems pointless, but in practice what this is going to lead to is inovators getting absorbed by established media conglomerates.
They would still control it more than they did in Netflix, so it’s still upside in their eyes.
Who’s splitting their content? All these studios have done is merge and monopolize. Now they want to merge further. It’s entirely the wrong strategy.
Dude, you want more streaming services?
No. I want the studios forbidden from owning channels. Make them sell their content to independent broadcasters. Similar to how theaters couldn’t be owned by movie studios. Places like Netflix and Hulu would thrive again, and you wouldn’t have nonsense like Zaslav shoving content into the garbage for a tax write off.
Hulu is owned by studios. It was a joint venture between ABC, NBC, and Fox. After Disney(ABC) bought Fox, Comcast(NBC) sold its share to Disney.
Channels are TV Programmers have. Studios technically can be independent of the programmer channel since the programmer orders the rv show production from the studio. The distribution platform was cable or broadcast (over the air). What folks seem to want is a cable package all over again, just cheaper and without hardware fees and without ads. Not sure how you can have all 3 of those things though. If you cut ads, it probably looks just as expensive if not more expensive than cable. The economics of ESPN worked due to it being bundled in every basic cable package. If you go a la carte I don’t think the sports fans will like the price that is no longer subsidized by all the bundles of folks that don’t watch sports.
Except the problem is that cable isn’t there to subsidize the content.
The reason all the studios moved to streaming was because Netflix, Amazon, and Apple weren’t going to cover their total costs.