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by drdec 1111 days ago
Perhaps because, as the article cites, the streaming platform has lost $9 billion dollars since it launched.
1 comments

The economics of forgoing a $1B movie release for a $10/month subscription instead, that math will never add up.

Which is why Hollywood is cutting back on writers pay, actors pay, etc ... and hence the guild strikes.

There's also GAAP accounting issues as well on timing of match those expenses to revenue.