3 ms·
Like all other forms of content and pretty much everything else in America, there's clearly an excess right now. This is mostly a pissing match between Netflix
by cylinder 10y ago
Like all other forms of content and pretty much everything else in America, there's clearly an excess right now. This is mostly a pissing match between Netflix and Amazon and maybe Hulu in order to push their stock valuation, with the traditional networks trying to keep up. Last I checked, the population of the US is growing at a steady 0.8% per year, and people still have the same amount of free time as they did a few years ago, so there's not enough demand to justify this.
- rhino369 10y agoIt's not just streaming but cable tv networks are doing it too. Not long ago, cable didn't produce its own scripted prime time content. Now every channel is in on it. They all want to be the next AMC. Part of it was driven by growth in cable revenue. Customers are paying nearly 30 dollars a month that gets passed to cable stations. I think another part of it was the assumption that netlix and Amazon will payout to get a license to your content later. But really I think it's the collapse of the broadcast networks. It used to be everyone just watched whatever the big four had on. So now the wealth is being spread.
- quxbar 10y agoI believe it's also the case that ALL Television advertising (and most ads in general) are incredibly overvalued. Most Marketers already know they're blowing 50% of the budget, they just don't know where the waste is (hint: everywhere). Most large corporations run on high enough profit margins that they can do this, and people are happy constantly spending all of their extra income on consumer goods. I wonder what the future holds...