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| Topic | No major streaming service generates reliable profits |
| YoshitoKikuchi 01/07/20 10:30:20 PM #1: | https://www.bloomberg.com/news/articles/2020-01-06/cable-lost-but-streaming-services-aren-t-ready-to-celebrate No major subscription provider generates reliable profits from streaming video. The king, Netflix Inc., has borrowed $13 billion as the cash it spends on programming exceeds the fees it gets from subscribers. (Netflix is profitable on a noncash basis.) Walt Disney Co. says that Hulu, which it took over last year, wont turn a profit until 2023 or later. HBO Max, which is launching this year, is forecast to be unprofitable through 2024. By most outsiders estimates, Disney+, Prime Video from Amazon.com, CBS All Access, Apple TV+, and YouTube TV arent paying for themselves. --- Dont be ridiculous. I think FIVE evil steps ahead https://imgur.com/YQpeyD3 ... Copied to Clipboard! |
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