dalittle t1_iyd3g3y wrote on November 30, 2022 at 2:44 PM

Reply to comment by Existing-Class-140 in AMC Networks To Cut 20% Of U.S. Workforce As Cord Cutting, Streaming Costs, Economic Jitters Roil Media by MarvelsGrantMan136

I would love to see the books on most of these streaming services. I bet there are only a couple winners and all the rest are money pits. Disney just fired their CEO and one of the things he was doing was hiding the streaming service loses. I would not be surprised in the next couple of years if there is a contraction and content providers dump their services and go back to the big players. If they would all just go back to Netflix I would be a much happier Customer and actually watch some of their shows I can't be bothered with now.

Existing-Class-140 t1_iyd9tb1 wrote on November 30, 2022 at 3:29 PM

If it were successful, they'd be bragging about the numbers left and right. I'm having dot-com bubble vibes with this one. Huge money at the beginning due to big promises with the streaming revolution and then a bitter realisation that people won't pay for multiple services, and once you invested the money, you have to pay the loans you took, and with the streaming market so fragmented among all the various companies, the returns look not too promising.