Paramount Global reported its fourth-quarter financial results on Wednesday with a streaming loss posted ahead of a sale of the studio to Skydance Media.
While I do agree competition is healthy. I don’t think every company should have their own streaming service, it’s not sustainable and means that each company needs to be churning out consistent content. It would make more sense if they just let their content be accessible through the platforms that would dedicate themselves to streaming.
I’d argue studios shouldn’t own the channels at all. It’s hamstringing the industry, starving out movie theaters and preventing creatives from shopping their content to competitors.
While I do agree competition is healthy. I don’t think every company should have their own streaming service, it’s not sustainable and means that each company needs to be churning out consistent content. It would make more sense if they just let their content be accessible through the platforms that would dedicate themselves to streaming.
competition is healthy but fuck i wish they didn’t compete on catalogue - i wish they competed on features, or maybe “premium offerings” or something
I’d argue studios shouldn’t own the channels at all. It’s hamstringing the industry, starving out movie theaters and preventing creatives from shopping their content to competitors.