LogFAQs > #971254743

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Topicnetflix commiting suicide
Compsognathus
02/01/23 1:06:57 PM
#48:


TheGoldenEel posted...
Just seems like a weird way to respond to increased competition, as all the other, cheaper streaming services increasingly have excellent content

Apple TV has so many bangers and its $7/month
Netflix probably can't match those prices because as a standalone company, its streaming service actually had to make money.

Apple, Comcast, WB-Discovery, Amazon, Disney and Paramount are all losing pretty insane amounts of money every quarter on streaming services.

Peacock lost nearly a billion dollars in Q4 alone. That's...well not fine but varying degrees of acceptable when you can fuel your cash furnace with money from your other businesses. But Netflix doesn't have that option.

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