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Saar13 t1_iye6l52 wrote

Companies paved the way for streaming as the solution, but now they realize it's not profitable. Too late, as the cable won't come back. Wall Street has already turned its back. Apple and Amazon will inflate sports values ​​until no other company can compete. And that's it.

If you can not afford to use streaming only as a component of an ecosystem or to feed the prestige ego, like the two aforementioned bigtechs, you will die fighting.

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LiveFromNewYork95 t1_iyeb7qe wrote

> Apple and Amazon will inflate sports values ​​until no other company can compete. And that's it.

I've been saying this for a while now and people don't get it. Steaming was fools gold, people now believe that paying any amount of money should get them ad free content. Netflix got everyone thinking for years that $7 a month should get them everything they want in streaming with no ads. But Netflix was really just staying afloat so when prices go up that must be greed and when there's ads that must be greed but in reality paying $7 was never going to pay for that. And now we're gonnabe left with the only companies that can afford to use our entertianment as their loss leader

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ijakinov t1_iyenz7n wrote

Streaming is profitable. Netflix been profitable for a long time. Disney has always said they plan to be not profitable until 2024 and they’ve been exceeding their own performance targets in the mean time. HBO Max, paramount+ and other have simply been poorly managed and are so at risk at reaching their profitability goals. There’s nothing inherently unsustainable or unprofitable about the business.

Simply having a bunch of money isn’t going to make you successful. All the dead or mediocre performing products and services from Microsoft, Google, and Amazon over the years are great examples of that. Yes they have a lot of money but it’s silly to think they are going to spend most of that money on one business unit. If these companies want to over pay for sports it doesn’t really hurt the people not over paying for them. Streaming isn’t a zero sum game and not everyone is a sports fan.

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WordsAreSomething t1_iyegjt2 wrote

>but now they realize it's not profitable.

It is profitable though. The only reason it's not is because there is so much competition in the space that all these streamers were/are overspending to gain/maintain market share.

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