discussion Universal losing Billions on Streaming

[ALA]

7 minutes ago, Nights said:

So my question to you all is this (and this is a genuine question that I'd love people's perspective on): If streaming services are struggling financially as much as they are, and traditional TV is also struggling for profitability, why is there so much support for better remuneration for writers, actors, etc. involved specifically in the creation of content for said streaming services and traditional TV? 

Because the money that could go to the creatives are going to the overpaid people on top... 

[Onyxmage]

16 minutes ago, Nights said:

So my question to you all is this (and this is a genuine question that I'd love people's perspective on): If streaming services are struggling financially as much as they are, and traditional TV is also struggling for profitability, why is there so much support for better remuneration for writers, actors, etc. involved specifically in the creation of content for said streaming services and traditional TV? 

Because ceos and executives are still vastly overpaid to the tune of billions at the expense of everyone else.

[TheLastChord]

1 hour ago, Beyonnaise said:

The gag is that all the streaming shows they've invested so much in would be doing way better if they made them available on Hulu  

 

I think post-consolidation it will be just Netflix, Hulu and Max, with others striking deals with each of them.

Kind of agree, but I doubt Disney+ is going anywhere. 

[rac7d]

2 hours ago, ALA said:

Its hilarious that studios thought streaming was the future and now we're seeing how underpaid everyone involved is  

It’s the future for the executives they wanted Netflix money and it’s exposed the loophole how Netflix does it by screwing over all talent. Now Disney and Netflix don’t want to give it up

[shinyshimmery]

I got rid of all of my subscriptions and pay only for YoutubeTV now... it's the best cable alternative. 

 

OT: Big network companies need to stop trying to make shows... no one watches them. They should focus on making good movies instead. 

Edited July 27, 2023 by shinyshimmery

[Katamari]

3 hours ago, Beyonnaise said:

The gag is that all the streaming shows they've invested so much in would be doing way better if they made them available on Hulu  

 

I think post-consolidation it will be just Netflix, Hulu and Max, with others striking deals with each of them.

the way most of these shows were in fact on hulu for so long  just work with hulu again on a deal and things would be better

[Cheers]

Had no idea Peacock was Universals

[Broken]

NOT 3B+ 

[Breathe On Moi]

5 hours ago, Happylittlepunk said:

Bring back the physical era. 

this!

 

and I hope all other streaming services lose money like this and bankrupt these companies.

 

in what world does it make sense to have to get 6 different streaming services to watch your favorite shows you used to watch in peace on TV. just evil and money hungry. 

[Taylor fanboy]

4 hours ago, as-usual said:

Yeah, honestly I'm SICK TO DEATH of every studio/network having it's own streaming service. Like cable/satellite subscriptions were better value at this point. Who the hell wants a different app for £10 a month for every ******* channel?

Louder!

[Gorjesspazze9]

CEO’s making $30 Million a year, while thier company’s are losing literal billions in months💀 literally all of the strike’s main problems could be solved if the executives Bonuses were cut. And actually use those billions to produce better quality shows and marketing😭 and every major Streaming is at fault including Disney & Netflix being prime examples. Now there are a dozen streaming services for like $15 a month… and your money isn’t even going to the actors or writers making the shows we love. Actors making literally less then minimum wage and Pennie’s on residuals 😭

Edited July 28, 2023 by Gorjesspazze9

[fridayteenage]

well, the reason why the network/cable model worked was (except for premium cable) they got millions and millions of dollars from advertisers.

 

the streaming services are trying to push ads more to stop being money losers, but the audience has gotten used to no ads and has meltdowns over being the possibility of being forced through ads.

[harwee]

20 hours ago, Nights said:

So my question to you all is this (and this is a genuine question that I'd love people's perspective on): If streaming services are struggling financially as much as they are, and traditional TV is also struggling for profitability, why is there so much support for better remuneration for writers, actors, etc. involved specifically in the creation of content for said streaming services and traditional TV? 

 

Always side with workers over corporations.

[DeepEnd]

22 hours ago, Nights said:

So my question to you all is this (and this is a genuine question that I'd love people's perspective on): If streaming services are struggling financially as much as they are, and traditional TV is also struggling for profitability, why is there so much support for better remuneration for writers, actors, etc. involved specifically in the creation of content for said streaming services and traditional TV? 

Workers shouldn't have to subsidize a company's losses.

 

I do think eventually all these streaming services will have to rise their prices significantly in order to make a profit.

[Anye]

On 7/28/2023 at 3:50 AM, Machete said:

Sony was smarter than the other studios who thought making their own streaming service was a genius move. They signed a deal with Netflix and it’s been making them great money instead of losing billions

 

I’m expecting Peacock to be shut down within the next 3 years and them signing a deal with one of Netflix/Amazon/Apple. Probably the latter cause what Apple TV is missing the most is a back catalogue and Universal has tons of iconic shows and films.

This.

Sign a deal with Netflix was such great move of Sony. I can’t wait to watch No Hard Feelings again on netflix 

[Anye]

On 7/28/2023 at 4:33 AM, JustLikeHoney said:

Sony owns Crackle. I don't even know how that's profitable for them. Why would Peacock sign with AppleTV. Peacock has 21 million subscribers and Apple TV has 25 million. Peacock has to sign with a company and offer their service for free like Apple does with its iphones. Like Samsung or something big. 

 

Peacock is losing $3b a year

But Apple TV is operating at a $1b a year loss. 

Sony sold them in 2019

[Bloodflowers.]

Not surprised, outside of WWE programming, PeaCOCK has nothing interesting

[Johnny Jacobs]

who is even on peacock? they literally have no content 

[ronelmaano13]

They know in 2014 that music streaming platforms were losing money, and yet they still pushed with having their own streaming service. There's just so many streaming services these days. They're just killing each other at this point. 

[Raptus]

There are so many free sites with all the new shows in hd, I dont even check  for the offical ones

[One Rude Boy]

Oh god how will they make rent

[One Rude Boy]

2 hours ago, Johnny Jacobs said:

who is even on peacock? they literally have no content 

I get this sentiment but I tried it and Poker Face is one of the best shows I've seen in a while. just get the trial for that and cancel

[Lyrica]

You have to wonder/hope if there'll be a winnowing down of streaming services soon. Too many of them utterly fail to make any sense as real, similarly-priced competitors to the heavy hitters. Netflix makes sense, HBO Max has that huge content library, Amazon can afford to be a loss leader, Hulu makes some sense, Criterion has a good niche, and there's all those minor free services that survive, but outside of that why would any other streaming service exist? AMC doesn't have the library to be a fully-priced streaming service. Paramount and Disney are entirely reliant on a couple of big, expensive franchises and it's a mess. There's a niche streaming service for every possible category: sports: FuboTV, reality tv: Hayu, even gay streaming service: Dekkoo. It's not sustainable.

[Johnny Jacobs]

40 minutes ago, One Rude Boy said:

I get this sentiment but I tried it and Poker Face is one of the best shows I've seen in a while. just get the trial for that and cancel

ive heard a lot about it... maybe i should try it then

[EriKills]

Ajskks they THOUGHT they could be successful off The Office alone….they just don’t have any huge CURRENT shows like every other streaming service has.