Re:Netflix loses 970k subscribers, says ads and new fees are...
by elliekelly on Thursday July 21, 2022 @08:20AM
(#32178448)
It does seem like there should be an opportunity to fund promising content that costs more than $0 (YouTube has that covered) and less than hundreds of millions. Almost like a YC model. What happens if you find someone with a decent premise and give them a bit of money and loaner equipment to make a pilot? They could even make it into an “American Idol” style competition to get funding for more episodes/a full series.
In turn this has drove up the pricing, enabled exploitation by subpar producers, and over-extension of streamer capital in a bid to stay competitive.
Implosion and consolidate seems inevitable, the market just isn’t big enough to support 5x Netflix sized companies.