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Streaming 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
by snowwrestler 3y ago
Streaming 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.