For a moment, it seemed like the streaming apps were the things that could save us from the hegemony of cable TV—a system where you had to pay for a ton of stuff you didn’t want to watch so you could see the handful of things you were actually interested in.

Archived version: https://archive.ph/K4EIh

  • acastcandream@beehaw.org
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    1 year ago

    Disney is likely the exception if there is one with a very large historical catalog and several profitable franchisees

    Disney is actually struggling with streaming and losing money hand over fist with D+. Last I saw they lost over 1bill in a quarter. They’ve had a few years now, you can’t just keep hemorrhaging money like that, at some point the “rapid growth” has to make way for revenue.

    • Zapp@beehaw.org
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      1 year ago

      All great points. That said, no one should feel sympathy for Disney’s profit margins.

      They can and should spend less on anti-piracy measures to become more profitable.

      And Disney could be 100% profit, overnight, while paying their actors and writers handsomely, if they just license their content to a streaming service that knows what they are doing.

      • can@beehaw.org
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        1 year ago

        They can and should spend less on anti-piracy measures to become more profitable.

        You mean by making a better service?