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lightsongtheold t1_j9l7635 wrote on February 22, 2023 at 7:56 PM

Reply to comment by Treethan__ in HBO’s Leading Man: Casey Bloys on Perfecting ‘The Last of Us,’ HBO Max Streaming Merger and Axing Shows by misana123

Sony did not need a streamer as they had no broadcast or cable businesses of note that needed to be replaced. That cable and broadcast revenue and profits made up the bulk of their business and was far more valuable than the studios.