It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.

L4sBot@lemmy.worldmod to Technology@lemmy.world – 258 points –
It’s “shakeout” time as losses of Netflix rivals top $5 billion
arstechnica.com

It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.

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Streaming platforms should not be allowed to produce content and vice-versa. That’s how it was with movie theaters. Ever wondered why there are no Paramount theater, or MGM theater and so on? Because studios aren’t allowed to own theaters.

It's basically the Live Nation/TIcketmaster issue. They sell the tickets to the events at venues they own. Conflict of interest much?

Live nation/ticketmaster is worse than that, if you try to open a venue without giving then a cut in some way they'll blacklist you from the industry.

Blacklist them from the... real estate market?

Lol. How exactly does that work? It's the performers that make venues worth going to, not the venues themselves or the people selling the tickets.

Yep.

Like lots of "disruptions" it was just getting ahead of regulations and lobbying to prevent/stall them.

3rd party streaming providers and ending exclusivity contracts would fix streaming overnight, and studios would still make an insane amount of money.

Not many people are going to sign up for a 7th streaming service to watch The Office, but millions of people would have it on if only for background noise.

Have the streaming service pay studios per hour watched.

It's up to the streamer to balance how much they charge consumers and how much they pay studios to remain profitable.

As of 2020 move studios can own theaters

And this is why the film industry is fucked. I’m a camera operator.

No, generative AI is. Why get props, lighting, actors, etc. when you can just not and say you did at a language model connected to a video generation model?

Yeah that too. That’s gonna fuck us in a couple of years. The streaming studios thins is fucking is right now.

Sad to think people might switch to watching meaningless uncanny valley slop. Then again reality TV won over shows with actual vision.

Uhh, no.

Movies have sucked long before AI came out.

Kaufman even commented on it saying that AI can do a better job than writers because writers have been making the same formulaic shit for years.

Because studios aren’t allowed to own theaters.

Says who?