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It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers. (arstechnica.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.

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[–] Copernican@lemmy.world 1 points 10 months ago (1 children)

Yup. Netflix was icing on the cake that was cable. Now streaming is becoming the cake. The cost or revenue of the cake needs to be the same for the biz to run.

[–] stolid_agnostic@lemmy.ml 1 points 10 months ago

I’m referring specifically to older content. Is there really a reason that Star Trek the Next Generation shouldn’t be in Netflix, for example? Paramount isn’t enough of an offer so they may be losing out on a great deal of passive income.