Submitted by HumanOrAlien t3_yh2cd9 in television
zherok t1_iuct7eu wrote
Reply to comment by ankermouse11 in Global Streaming Is Still Growing, But Starting to Get Squeezed by HumanOrAlien
This'll likely lead to consumers abandoning certain services as the reason to stay subscribed diminishes. Which in turn will likely lead to some of them collapsing (and quite possibly getting pac-manned and absorbed by a larger media conglomerate, like Disney.)
Which probably won't do much good for driving new content, since a handful of streaming services all owned by gigantic media companies might just rely on their existing IP and a diminishing pool of alternatives to coast on.
Traditional-Trip7617 t1_iud9bv3 wrote
So like the current entertainment industry?
United-Historian-482 t1_iufumhm wrote
zherok so Disney is also at risk of imploding?
zherok t1_iufwv58 wrote
No, I meant Disney would likely absorb other companies when their streaming services fail. Disney is probably too big to fail even if Disney+ bombed, which as far as I know isn't the case. Paramount and Warner Brothers are probably more vulnerable out of the big five studios right now. But it's probably more eclectic services that are really at risk. That said, we're already seeing consequences of these mergers as Warner Brothers purged content in order to save money, including effectively finished films and already completed, recent television shows. Purchasing Discovery was already a move towards more reality TV-based content too.
United-Historian-482 t1_iufyj86 wrote
Whose the fith studio in the Big Five? I know there's Disney, Warner Bros, Paramount, Universal. Is it Sony?
zherok t1_iug1aoj wrote
Yeah. I get the impression they're the least invested in streaming out of the five.
Viewing a single comment thread. View all comments