Submitted by HumanOrAlien t3_yh2cd9 in television
ankermouse11 t1_iucic6c wrote
Reply to comment by worldstarktfo in Global Streaming Is Still Growing, But Starting to Get Squeezed by HumanOrAlien
This article isn't even talking about consumers. It's talking about the streaming companies themselves and how falling share prices, lack of profit, crushing debt, and a saturated US market is causing them to cut all their mid-budget shows and look elsewhere for profitabilty.
Bottom line for the consumer? Expect longer delays between big budget shows and less "mid-tier" content, more reality, and more foreign shows. None of which are particularly good for the US television audience.
zherok t1_iuct7eu wrote
This'll likely lead to consumers abandoning certain services as the reason to stay subscribed diminishes. Which in turn will likely lead to some of them collapsing (and quite possibly getting pac-manned and absorbed by a larger media conglomerate, like Disney.)
Which probably won't do much good for driving new content, since a handful of streaming services all owned by gigantic media companies might just rely on their existing IP and a diminishing pool of alternatives to coast on.
Traditional-Trip7617 t1_iud9bv3 wrote
So like the current entertainment industry?
United-Historian-482 t1_iufumhm wrote
zherok so Disney is also at risk of imploding?
zherok t1_iufwv58 wrote
No, I meant Disney would likely absorb other companies when their streaming services fail. Disney is probably too big to fail even if Disney+ bombed, which as far as I know isn't the case. Paramount and Warner Brothers are probably more vulnerable out of the big five studios right now. But it's probably more eclectic services that are really at risk. That said, we're already seeing consequences of these mergers as Warner Brothers purged content in order to save money, including effectively finished films and already completed, recent television shows. Purchasing Discovery was already a move towards more reality TV-based content too.
United-Historian-482 t1_iufyj86 wrote
Whose the fith studio in the Big Five? I know there's Disney, Warner Bros, Paramount, Universal. Is it Sony?
zherok t1_iug1aoj wrote
Yeah. I get the impression they're the least invested in streaming out of the five.
SerBronn7 t1_iufi5r3 wrote
More foreign shows may open some peoples eyes to the quality available in other places.
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