this post was submitted on 15 Aug 2023
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Gaming
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No, I meant streaming of movies and tv shows in the current market. Someone had to fold eventually when the current strikes are over.
Strikes not withstanding, I don't see how that business is unsustainable. Film and television companies integrated and consolidated until there's at least 4 or 5 major players in that space for healthy competition, and the back of the napkin math makes plenty of sense.
It’s unsustainable because everything is being splintered into different streaming services, forcing the consumer to spend more to watch the one or two decent offerings on each platform. This is causing people to return to the days of mass pirating.
That's not unsustainable...that's a healthy, competitive market, and a great deal better for the consumer than the television model it replaced. You also don't need to stay subscribed to a streaming service after you've watched the show you wanted to watch, and even if you stay subscribed to only the ones with shows you like, it's far cheaper than cable.
You’re wrong, but okay.
Which part was wrong?
I guess we'll see how it plays out in the coming years.