Existing-Class-140 t1_iyd9tb1 wrote
Reply to comment by dalittle in AMC Networks To Cut 20% Of U.S. Workforce As Cord Cutting, Streaming Costs, Economic Jitters Roil Media by MarvelsGrantMan136
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.
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