Submitted by Mandelmus100 t3_11bgrda in television
preppytarg t1_j9ygoav wrote
Reply to comment by cancerBronzeV in Apple takes another step towards ads on TV Plus by Mandelmus100
Most streaming platforms are in the red. It's an unworkable model in its current form*.
GarlVinland4Astrea t1_j9yjrbe wrote
This. There's basically Netflix which is consistently profitable and everything else is either in the red or might have a year where they barely are profitable before going back under. It's a total money suck because most of these came late to the party and have to compete with all the other people entering an over saturated market.
Right now I think the big ones are just waiting for the rest to give up and die off.
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