4 ms·
The studios have always had the leverage you are talking about - Barbie releases this July, but was written in 2021. The problem for studios is every minute of
by nemothekid 3y ago
The studios have always had the leverage you are talking about - Barbie releases this July, but was written in 2021. The problem for studios is every minute of the strike represents lost revenue 1-2 years from now.
>Typically there has been a tight connection between new content and steady revenue.
This isn't really true either, as content is hit based business not too dissimilar from venture capital. Sure you can always play it safe by milking an established brand but you always need to be running experiments.
- snowwrestler 3y agoStreaming services don’t need new hits to drive revenue, they only need subscribers. Normally you’d say that a streaming service that is not producing scripted hits would lose subscribers to one that is. But if none of them are producing new scripted hits? The old hits might hold onto folks for a while. Call it the “gotta watch something” theory.
- nemothekid 3y agoAt best that is only true for Netflix as all the other media companies are burning money trying to build their own streaming service. Worst case scenario is that people aren't as sticky, and will begin to cancel once there is nothing to watch.