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by steveBK123
895 days ago
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We are going to see more of this across the entertainment industry.
We had a 3-5 year window of VC funded profitless content explosion.
Now we are slowly regressing to the trend of low production cost content that has been churned out by ABC/NBC/CBS/FOX/big cable channels for years. It makes sense in a way as there was a brief moment where despite all the proliferation of streaming services, we were still paying less than peak cable days. So less dollars going on on the income side, against more dollars going out on the cost side. We will likely see the streamers continue to raise prices, add ads, and also consolidate... |
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