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Post by AQUA KEN! on May 10, 2023 22:33:00 GMT 1
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Post by Lord Death Man on May 11, 2023 16:48:21 GMT 1
The latest battle strategy in the streaming wars is consolidation.
WB and Disney are leading after Netflix, but even they are having difficulty reaching profitability.
Paramount might as well just file for bankruptcy at this point. Last year, they managed to put out a movie with a PURE profit of $350 M, and still lost $1B on their streaming services.
Ironically, the low-key winner of the streaming wars is probably Sony, having never entered them to begin with. They easily made hundreds of millions licensing their content to other streaming services.
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Post by Merv on May 11, 2023 16:59:49 GMT 1
The latest battle strategy in the streaming wars is consolidation. WB and Disney are leading after Netflix, but even they are having difficulty reaching profitability. Paramount might as well just file for bankruptcy at this point. Last year, they managed to put out a movie with a PURE profit of $350 M, and still lost $1B on their streaming services. Ironically, the low-key winner of the streaming wars is probably Sony, having never entered them to begin with. They easily made hundreds of millions licensing their content to other streaming services. It’s a weird thing to behold, seeing so many businesses jumping into the fray before a real roadmap to profitability seems apparent. I’m no business major but even I can understand oversaturation.
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Post by AQUA KEN! on May 11, 2023 17:02:14 GMT 1
This is actually something I wanted to happen couple of years ago.
I mostly used Hulu and only kept Disney+ so I could watch the Marvel stuff.
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Post by taylorfirst1 on May 11, 2023 17:10:49 GMT 1
The latest battle strategy in the streaming wars is consolidation. WB and Disney are leading after Netflix, but even they are having difficulty reaching profitability. Paramount might as well just file for bankruptcy at this point. Last year, they managed to put out a movie with a PURE profit of $350 M, and still lost $1B on their streaming services. Ironically, the low-key winner of the streaming wars is probably Sony, having never entered them to begin with. They easily made hundreds of millions licensing their content to other streaming services. The only way to win is not to play the game.
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Post by Lord Death Man on May 11, 2023 17:24:39 GMT 1
The latest battle strategy in the streaming wars is consolidation. WB and Disney are leading after Netflix, but even they are having difficulty reaching profitability. Paramount might as well just file for bankruptcy at this point. Last year, they managed to put out a movie with a PURE profit of $350 M, and still lost $1B on their streaming services. Ironically, the low-key winner of the streaming wars is probably Sony, having never entered them to begin with. They easily made hundreds of millions licensing their content to other streaming services. The only way to win is not to play the game. I respectfully disagree, I still think streaming can be profitable for studios, and that it can also be sustainable and affordable for consumers. Right now the model is being put under serious stress, and those who jumped in like lemmings due to the capitalistic equivalent of FOMO, are getting hit hard. You can't replicate what Netflix did over a decade, overnight. Netflix is to streaming as Kleenex is to tissue. You could be right in the end, but I'm still holding out hope that the streaming landscape will stabilize. I hope Paramount's loses force them to sell Star Trek. They are terrible stewards of the IP… or any IP. I heard they spent $500 M on Yellowstone - in a single year. It's a show about people wearing cowboy hats on a ranch… How?! Did they CGI all the skies? Perhaps a Frasier revival will save them.
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Post by taylorfirst1 on May 11, 2023 17:34:06 GMT 1
The only way to win is not to play the game. I respectfully disagree, I still think streaming can be profitable for studios, and that it can also be sustainable and affordable for consumers. Right now the model is being put under serious stress, and those who jumped in like lemmings due to the capitalistic equivalent of FOMO, are getting hit hard. You can't replicate what Netflix did over a decade, overnight. Netflix is to streaming as Kleenex is to tissue. You could be right in the end, but I'm still holding out hope that the streaming landscape will stabilize. I hope Paramount's loses force them to sell Star Trek. They are terrible stewards of the IP… or any IP. I heard they spent $500 M on Yellowstone - in a single year. It's a show about people wearing cowboy hats on a ranch… How?! Did they CGI all the skies? Perhaps a Frasier revival will save them. I think streaming will stabilize too. Your comment about Sony just gave me a chance to throw in that "War Games" reference.
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Post by Lord Death Man on May 11, 2023 17:41:52 GMT 1
I respectfully disagree, I still think streaming can be profitable for studios, and that it can also be sustainable and affordable for consumers. Right now the model is being put under serious stress, and those who jumped in like lemmings due to the capitalistic equivalent of FOMO, are getting hit hard. You can't replicate what Netflix did over a decade, overnight. Netflix is to streaming as Kleenex is to tissue. You could be right in the end, but I'm still holding out hope that the streaming landscape will stabilize. I hope Paramount's loses force them to sell Star Trek. They are terrible stewards of the IP… or any IP. I heard they spent $500 M on Yellowstone - in a single year. It's a show about people wearing cowboy hats on a ranch… How?! Did they CGI all the skies? Perhaps a Frasier revival will save them. I think streaming will stabilize too. Your comment about Sony just gave me a chance to throw in that "War Games" reference.
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