It’s “shakeout” time as losses of Netflix rivals top $5 billion
arstechnica.com
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.

  • reddig33@lemmy.worldEnglish
    1423·
    11 months ago

    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.

    • akilouEnglish
      431·
      11 months ago

      Dude, you want more streaming services?

      • reddig33@lemmy.worldEnglish
        483·
        11 months ago

        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.

        • HobbitFoot @thelemmy.clubEnglish
          19·
          11 months ago

          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.

        • Copernican@lemmy.worldEnglish
          23·
          11 months ago

          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.

      • ShepherdPie@midwest.socialEnglish
        13·
        11 months ago

        The only workable long term strategy is for these companies to compete over service instead of content just like Spotify, YouTube music, Apple music, Pandora, Tidal, etc. If they continue on their current path, everything will wind up being owned by the 2-3 companies with the deepest pockets and we’ll be back to the cable TV model.

        • Hoomod@lemmy.worldEnglish
          2·
          11 months ago

          It’s basically the cable TV model just with more steps

          Need like 5+ services you pay $5-20 a month to instead of one you pay $75 to (numbers made up)

          • ShepherdPie@midwest.socialEnglish
            1·
            11 months ago

            $75 is really borderline coming from the pricepoint we have now. Assuming you could watch nearly everything in one place, it might be a success, but who knows. I believe this is around what YouTube TV and Hulu & Live TV cost.