this post was submitted on 28 Dec 2023
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It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers. (arstechnica.com)
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world
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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.

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[–] ShepherdPie@midwest.social 13 points 11 months ago (1 children)

The only workable long term strategy is for these companies to compete over service instead of content just like Spotify, YouTube music, Apple music, Pandora, Tidal, etc. If they continue on their current path, everything will wind up being owned by the 2-3 companies with the deepest pockets and we'll be back to the cable TV model.

[–] Hoomod@lemmy.world 2 points 11 months ago (1 children)

It's basically the cable TV model just with more steps

Need like 5+ services you pay $5-20 a month to instead of one you pay $75 to (numbers made up)

[–] ShepherdPie@midwest.social 1 points 11 months ago

$75 is really borderline coming from the pricepoint we have now. Assuming you could watch nearly everything in one place, it might be a success, but who knows. I believe this is around what YouTube TV and Hulu & Live TV cost.