291
submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.

you are viewing a single comment's thread
view the rest of the comments
[-] stolid_agnostic@lemmy.ml 13 points 10 months ago* (last edited 10 months ago)

See 10 years ago it was ALL in Netflix and everyone was happy. Studios got to get passive income and we only needed one service. Then the business bros got greedy and decided they needed more money and exclusivity while spending millions to stand up their own inferior services.

[-] HobbitFoot@thelemmy.club 3 points 10 months ago

Netflix 10 years ago also got amazing deals because most studio executives didn't understand streaming and just saw it as some additional money on top of broadcast, DVD, and syndication. Those revenue streams are mostly gone.

[-] TwilightVulpine@lemmy.world 3 points 10 months ago

It's so good when executives and investors don't get new stuff, so they don't come along to squeeze every single penny out of it and choke it to death.

[-] HobbitFoot@thelemmy.club 1 points 10 months ago

Maybe, but I still want good new stuff.

And it isn't like executives and investors won't still get rich on making new stuff, they will just cheaper and shittier new stuff.

[-] TwilightVulpine@lemmy.world 1 points 10 months ago

These folks don't get satisfied simply making a lot of money, they want to always make more money than before, and that inevitably leads them to sabotage whatever was good about the products they make.

[-] stolid_agnostic@lemmy.ml 0 points 10 months ago

That’s part of my point. They don’t have to lift a finger. Just let Netflix pay for the storage, the data centers, the bandwidth. Studios will get something out of it for doing literally nothing. But they got greedy and broke the model.

[-] HobbitFoot@thelemmy.club 1 points 10 months ago

For their old stuff, sure.

But I'm thinking of new movies and TV shows. What kinds of movies can be made a decade from now?

[-] stolid_agnostic@lemmy.ml 0 points 10 months ago* (last edited 10 months ago)

That model may also be dead. Nobody really sees movies anymore, not like before, and nobody wants to wait 6 months for the season to end. That’s very much a 1950s - 2010 model. Not sure what will replace it, but some combination of games and informal content like YouTube/TikTok etc might be where we end up.

[-] HobbitFoot@thelemmy.club 2 points 10 months ago

Yeah, and that is what I'm concerned about.

Is that good?

[-] stolid_agnostic@lemmy.ml 1 points 10 months ago* (last edited 10 months ago)

There will be something new and we’ll all become Gen Alpha’s boomers.

Being serious, however, who can predict? We’ll have to be patient and see what happens.

[-] HobbitFoot@thelemmy.club 2 points 10 months ago

I'm not judging Gen Alpha, I'm judging the world we are creating for them to grow up in.

[-] Copernican@lemmy.world 1 points 10 months ago

Yup. Netflix was icing on the cake that was cable. Now streaming is becoming the cake. The cost or revenue of the cake needs to be the same for the biz to run.

[-] stolid_agnostic@lemmy.ml 1 points 10 months ago

I’m referring specifically to older content. Is there really a reason that Star Trek the Next Generation shouldn’t be in Netflix, for example? Paramount isn’t enough of an offer so they may be losing out on a great deal of passive income.

this post was submitted on 28 Dec 2023
291 points (98.0% liked)

Technology

59197 readers
2380 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS