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A comment on Streaming service prices have more than doubled since coming onto market. Parent comment

Re:Streaming service prices have more than doubled since com... by sbarre on Thursday November 09, 2023 @10:25AM (#38206167)
The missing piece here is that streaming was not profitable for a very long time, and all the studios and content producers cannibalized their existing profitable businesses to make equally unprofitable deals with Netflix, just to be where all the users were going.

Now that industry is stuck in a situation where they wrecked their own income streams, and are scrambling to figure out how to re-create them.

This whole problem was one of the foundational issues behind the recent writer and actor strikes.

[ Parent | on HN ]
Re:Streaming service prices have more than doubled since com... by 0xParlay on Thursday November 09, 2023 @11:25AM (#38207097)
The people who write the movies, build the sets and act in the films are in guilds. Surprised there wasn’t a more direct-to-consumer avenue to explore. Maybe they could bootstrap a production and distribution guild.
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Re:Streaming service prices have more than doubled since com... by sbarre on Thursday November 09, 2023 @12:09PM (#38207699)
I've wondered this as well..

I think Netflix, Amazon and Apple were sort of that for a while, with all the deals they were cutting with production companies..

But in the end it was just Meet the new boss, same as the old boss..

[ Parent | on HN ]
Re:Streaming service prices have more than doubled since com... by ethbr1 on Thursday November 09, 2023 @12:32PM (#38208034)
https://en.m.wikipedia.org/wiki/United_Artists

At the end, it's the startup problem. Would you rather gamble all your money and get all the winnings? Or get a salary regardless of how things turn out?

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Re:Streaming service prices have more than doubled since com... by bitsandbooks on Thursday November 09, 2023 @04:02PM (#38211247)
This was the original idea behind United Artists from its formation in 1919 until it got bought out by Transamerica in 1967.
[ Parent | on HN ]