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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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[–] Robol@lemmy.world 5 points 11 months ago

This is very true, and I'm betting a big part of why streaming services are doing this is they know they can get away with it more than they could have with earlier generations who just pirate everything when the services aren't worth what they cost.