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submitted 1 year ago* (last edited 1 year ago) by ZeroCool@feddit.ch to c/technology@lemmy.world
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[-] BarrierWithAshes@kbin.social 45 points 1 year ago

More I see stuff like this the more I believe that these services really aren't making any money and its all smokescreen.

Though this could also just be investors trying to drive up profits instead.

[-] RaineV1@kbin.social 33 points 1 year ago

The latter really wouldn't surprise me. A service could be making four times the investment in profit and many investors will still push to get a few more cents out of it at any cost.

[-] DharkStare@lemmy.world 5 points 1 year ago* (last edited 1 year ago)

It was awhile ago but I read that a lot of streaming services don't make a profit and I can understand the logic. With ads, there is a direct link between a show and it's profits. The more people watch a show, the more people see the ads, the more a company can charge for ads on that show. Without ads it becomes difficult. It doesn't matter if 100 people watch or a million, the profits are the same.

I feel it's inevitable that streaming services are going to go back to ads. It's the better business model.

this post was submitted on 22 Sep 2023
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