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preppytarg t1_j9ygoav wrote

Most streaming platforms are in the red. It's an unworkable model in its current form*.

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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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