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.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.

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[–] stolid_agnostic@lemmy.ml 13 points 11 months ago* (last edited 11 months ago) (12 children)

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 11 months ago (11 children)

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.

[–] stolid_agnostic@lemmy.ml 0 points 11 months ago (7 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.

[–] HobbitFoot@thelemmy.club 1 points 11 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 11 months ago* (last edited 11 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 11 months ago (1 children)

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

Is that good?

[–] stolid_agnostic@lemmy.ml 1 points 11 months ago* (last edited 11 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 11 months ago

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

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