anodyne88 t1_iy85ijp wrote on November 29, 2022 at 1:49 PM

Reply to comment by nayapapaya in Bob Iger Tells Disney Town Hall Hiring Freeze Still In Effect, No New Acquisitions Planned & Not Merging With Apple by HumanOrAlien

That seems strange to me. Did they make a bunch of shows and not get enough people to sign up? I thought they owned a lot of the content already.

nayapapaya t1_iy8p2yn wrote on November 29, 2022 at 4:15 PM

Streaming is just not really a profitable game, especially not with the massive amounts of money that the studios are pumping into these shows. Hollywood just got swindled by the subscribe subscribe subscribe model that every single thing seems to be applying these days but they did so by undermining and cutting into their traditional revenue streams - theatrical, physical media and selling the rights to television. There just aren't as many ways to make money off of one piece of media as there used to be.

anodyne88 t1_iyb9ibt wrote on November 30, 2022 at 2:48 AM

Thank you. That is insightful.