floofloof@lemmy.ca to Technology@lemmy.mlEnglish · 1 year agoThe era of cheap streaming is officially overwww.cnn.comexternal-linkmessage-square401fedilinkarrow-up1987arrow-down117
arrow-up1970arrow-down1external-linkThe era of cheap streaming is officially overwww.cnn.comfloofloof@lemmy.ca to Technology@lemmy.mlEnglish · 1 year agomessage-square401fedilink
minus-squareDogMuffins@discuss.tchncs.delinkfedilinkEnglisharrow-up10·1 year agoApparently it wasn’t so much a “golden” goose. They were all happy to let them run at below cost just gathering up market share. Now they’re trying to re-position to be profitable. Their subscriber numbers will definitely take a hit but they will have done the math.
minus-squareEnderMB@lemmy.worldlinkfedilinkarrow-up1·1 year agoDo you have any stats/resources that show that these streaming services are inherently unprofitable?
minus-squareDogMuffins@discuss.tchncs.delinkfedilinkEnglisharrow-up1·1 year agoSure, it’s a fundamental concept of strategic management.
Apparently it wasn’t so much a “golden” goose.
They were all happy to let them run at below cost just gathering up market share.
Now they’re trying to re-position to be profitable. Their subscriber numbers will definitely take a hit but they will have done the math.
Do you have any stats/resources that show that these streaming services are inherently unprofitable?
Sure, it’s a fundamental concept of strategic management.