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
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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.
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I know the difference between revenue and profit.
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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.
You mean by making a better service?
I’m not sure where you got the impression this was designed to elicit sympathy. I was just saying that it is incorrect to say they are making a lot of money/the model of financial success in streaming lol
Fair enough. I’m just getting a little tired of our monopolist companies buying every competitor while burning through venture capital and then claiming they need to raise prices to “survive”.
Totally