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Are the streaming services currently profitable? I know Disney (at least) is supposed to be losing money.
by aidenn0 3y ago
Are the streaming services currently profitable? I know Disney (at least) is supposed to be losing money.
- snowwrestler 3y agoTheir biggest expense is the cost of producing new content, which is currently slowed / stopped. Streaming profits could ironically be looking good temporarily, until revenues start to drop as subscriptions get cancelled.
- aidenn0 3y agoThe fact that Disney is pulling some content from streaming implies that royalties are at least some of what is hurting them. I have no idea how TV contracts are written, but maybe Disney put less into the advance (and more into residuals) than other streaming services?