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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 10 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 0 points 10 months ago (2 children)

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.

[–] Copernican@lemmy.world 1 points 10 months ago (1 children)

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.

[–] HobbitFoot@thelemmy.club 1 points 10 months ago (1 children)

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) (1 children)

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 (1 children)

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) (1 children)

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.