Re:Netflix’s bad habits have caught up with it
by scarface74 on Sunday May 22, 2022 @08:03AM
(#31467193)
Disney also has the benefit of being able to makes billions in movie theater that pays for content before if ever gets to streaming. On the other hand, how many people watched Loki and WandaVision to have context for Dr. Strange? It’s the famous “flywheel” that Disney has been talking about since the 60s.
At 17B/year Netflix alone spends ~$48/year for every single person in the US. Prime spends 13B, Apple 6B, Disney 33B, Warner (HBO, etc...) 18B. Or put another way ~$250/person in the US/year on content.
Even if accounting for world wide distribution, these numbers are just not sustainable from an investment standpoint.