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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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[–] stolid_agnostic@lemmy.ml 55 points 11 months ago

lol I was just yesterday saying that I fully expect these to fold and all the content to go back to Netflix where the studios can earn passive income with no more expense than paying their lawyers to write contracts.