It’s definitely sustainable, which is why every movie studio now is doing their own streaming service instead of putting their content on someone else’s.
You kind of answered your own question, because every movie studio will want a own streaming service and as soon as the total cost is too high people start to pirate in masses again.
There isn’t enough people who can afford to pay 50$+ a month to watch all of that but people want to watch it so I think you are very wrong there, as soon as the user experience gets awful or expensive enough piracy numbers skyrocket.
How do you figure? I believe Netflix is the only service to actually make a profit off streaming and they have something like 250 million users. The rest of these companies are just dumping money into a bottomless pit and trying to outlast their competitors in the hopes of gaining enough marketshare.
Based on what? Expansion here isn’t comparable to something like a restaurant or retail store where they’re buying up real assets. These companies are dumping billions of dollars to create new content that could be entirely worthless and canceled after a season or two and even when they’ve ‘expanded’, they’re still on the hook to create more and more content for fear of becoming stale and irrelevant. At what point do they just decide to stop investing in the service because “now it’s time to profit?”
Disney still has to pay to stream their own content as they have to pay residuals and the like. This is why HBO licensed out a bunch of their in-house content (like Westworld) to other services because it was more advantageous than streaming it on their own service.
It’s definitely sustainable, which is why every movie studio now is doing their own streaming service instead of putting their content on someone else’s.
Why do you think it’s not sustainable?
You kind of answered your own question, because every movie studio will want a own streaming service and as soon as the total cost is too high people start to pirate in masses again.
There’s not going to be enough people that ditch them and pirate to make it unsustainable.
There isn’t enough people who can afford to pay 50$+ a month to watch all of that but people want to watch it so I think you are very wrong there, as soon as the user experience gets awful or expensive enough piracy numbers skyrocket.
How do you figure? I believe Netflix is the only service to actually make a profit off streaming and they have something like 250 million users. The rest of these companies are just dumping money into a bottomless pit and trying to outlast their competitors in the hopes of gaining enough marketshare.
The other services would be making profit if they weren’t in the “growth at all costs” phase. Every dollar they make gets reinvested.
You think disneys back catalogue alone, which cost them nothing to stream to people, isn’t enough for them to make profit?
Based on what? Expansion here isn’t comparable to something like a restaurant or retail store where they’re buying up real assets. These companies are dumping billions of dollars to create new content that could be entirely worthless and canceled after a season or two and even when they’ve ‘expanded’, they’re still on the hook to create more and more content for fear of becoming stale and irrelevant. At what point do they just decide to stop investing in the service because “now it’s time to profit?”
Disney still has to pay to stream their own content as they have to pay residuals and the like. This is why HBO licensed out a bunch of their in-house content (like Westworld) to other services because it was more advantageous than streaming it on their own service.