Current Events > No major streaming service generates reliable profits

Topic List	Page List: 1
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 <cite>YoshitoKikuchi posted [p:932614516] in No major s... [t:78313700]...</cite> <quote>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. </quote> ... Copied to Clipboard!
Infost 01/07/20 10:33:34 PM #2:	That's understandable. Licensing costs are probably insane and Netflix doesn't even run ads. It's a wonder they can operate at all. --- Filler sig. <cite>Infost posted [p:932614643] in No major s... [t:78313700]...</cite> <quote>That's understandable. Licensing costs are probably insane and Netflix doesn't even run ads. It's a wonder they can operate at all.</quote> ... Copied to Clipboard!
#3	Post #3 was unavailable or deleted.
EnterTheTekken 01/07/20 10:44:24 PM #4:	M_Live posted... They don't 'profit' but every still makes money? They make back their operating costs and break even. --- https://imgur.com/Eq8W20T <cite>EnterTheTekken posted [p:932615127] in No major s... [t:78313700]...</cite> <quote>M_Live posted... </cite> <quote>They don't 'profit' but every still makes money?</quote> They make back their operating costs and break even. </quote> ... Copied to Clipboard!
KnightofShikari 01/07/20 10:49:21 PM #5:	YoshitoKikuchi posted... Netflix is profitable on a noncash basis i have no idea what this means also, is there some weird "hollywood accounting" stuff going on? where even $2 billion box office movies are "unprofitable" so companies can pay lower taxes and those contracts where someone gets 5% of the profit means they get nothing at all? --- https://youtu.be/8R2syyseBJg <cite>KnightofShikari posted [p:932615349] in No major s... [t:78313700]...</cite> <quote>YoshitoKikuchi posted... </cite> <quote>Netflix is profitable on a noncash basis</quote>i have no idea what this means also, is there some weird "hollywood accounting" stuff going on? where even $2 billion box office movies are "unprofitable" so companies can pay lower taxes and those contracts where someone gets 5% of the profit means they get nothing at all? </quote> ... Copied to Clipboard!
vigorm0rtis 01/07/20 10:51:53 PM #6:	KnightofShikari posted... i have no idea what this means also, is there some weird "hollywood accounting" stuff going on? where even $2 billion box office movies are "unprofitable" so companies can pay lower taxes and those contracts where someone gets 5% of the profit means they get nothing at all? It means they profit through accrual. And yes, a project that bombs can be written off in taxes. --- "Can't wait to count out your coin!" -- Bethesda, 2018 <cite>vigorm0rtis posted [p:932615452] in No major s... [t:78313700]...</cite> <quote>KnightofShikari posted... </cite> <quote>i have no idea what this means also, is there some weird "hollywood accounting" stuff going on? where even $2 billion box office movies are "unprofitable" so companies can pay lower taxes and those contracts where someone gets 5% of the profit means they get nothing at all?</quote> It means they profit through accrual. And yes, a project that bombs can be written off in taxes. </quote> ... Copied to Clipboard!
AvantgardeAClue 01/07/20 10:53:52 PM #7:	Explains the surge in exclusive shows. Probably able to keep all the rights to them. Didn't they spend $1 billion on the rights to Friends alone --- Sometimes I say things and I'm not voice acting. <cite>AvantgardeAClue posted [p:932615549] in No major s... [t:78313700]...</cite> <quote>Explains the surge in exclusive shows. Probably able to keep all the rights to them. Didn't they spend $1 billion on the rights to Friends alone </quote> ... Copied to Clipboard!
Reis 01/07/20 10:54:53 PM #8:	all the streaming services should combine together or something <cite>Reis posted [p:932615586] in No major s... [t:78313700]...</cite> <quote>all the streaming services should combine together or something </quote> ... Copied to Clipboard!
SauI_Goodman 01/07/20 10:55:53 PM #9:	not my problem <cite>SauI_Goodman posted [p:932615629] in No major s... [t:78313700]...</cite> <quote>not my problem </quote> ... Copied to Clipboard!
Hexenherz 01/07/20 11:00:53 PM #10:	I was going to say Netflix needs to just start selling their shows but apparently they do have S1 and S2 DVDs of Stranger Things on Amazon >_> That's crazy. --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:932615809] in No major s... [t:78313700]...</cite> <quote>I was going to say Netflix needs to just start selling their shows but apparently they do have S1 and S2 DVDs of Stranger Things on Amazon >_> That's crazy. </quote> ... Copied to Clipboard!
berlyman101 01/07/20 11:29:39 PM #11:	It's actually kind of weird to me how huge companies have entire services and divisions that aren't profitable ever. I'm still trying to understand it. --- http://www.lukesurl.com/comics/2010-02-24-determinism.png <cite>berlyman101 posted [p:932616990] in No major s... [t:78313700]...</cite> <quote>It's actually kind of weird to me how huge companies have entire services and divisions that aren't profitable ever. I'm still trying to understand it. </quote> ... Copied to Clipboard!
Zikten 01/07/20 11:37:16 PM #12:	Didnt the xbox brand not make a profit for years? I thought I read that <cite>Zikten posted [p:932617243] in No major s... [t:78313700]...</cite> <quote>Didnt the xbox brand not make a profit for years? I thought I read that </quote> ... Copied to Clipboard!
voldothegr8 01/07/20 11:43:25 PM #13:	AvantgardeAClue posted... Didn't they spend $1 billion on the rights to Friends alone $100 million, and whoever bought the rights spent $425 million. Then Netflix bought Seinfeld rights for $500 million. --- Oda break tracker 2020- 0 (0) \| THE Ohio State: 13-1 \| Oakland Raiders: 7-9 <cite>voldothegr8 posted [p:932617496] in No major s... [t:78313700]...</cite> <quote>AvantgardeAClue posted...</cite> <quote>Didn't they spend $1 billion on the rights to Friends alone </quote> $100 million, and whoever bought the rights spent $425 million. Then Netflix bought Seinfeld rights for $500 million.</quote> ... Copied to Clipboard!
Darmik 01/07/20 11:45:53 PM #14:	Zikten posted... Didnt the xbox brand not make a profit for years? I thought I read that Yeah when it first started out. Took around the mid 360 era for it to be profitable IIRC. A lot of the thought process behind it was to block PlayStation from taking over the living room (not in a gaming sense but in a Windows competitor sense) so they were willing to take the hit. Likewise I'm pretty sure the PS3 wasn't a profitable period for Sony either. Again they were likely willing to take the hit to ensure Blu-ray would be the market leader. --- Kind Regards, Darmik <cite>Darmik posted [p:932617593] in No major s... [t:78313700]...</cite> <quote>Zikten posted...</cite> <quote>Didnt the xbox brand not make a profit for years? I thought I read that </quote> Yeah when it first started out. Took around the mid 360 era for it to be profitable IIRC. A lot of the thought process behind it was to block PlayStation from taking over the living room (not in a gaming sense but in a Windows competitor sense) so they were willing to take the hit. Likewise I'm pretty sure the PS3 wasn't a profitable period for Sony either. Again they were likely willing to take the hit to ensure Blu-ray would be the market leader.</quote> ... Copied to Clipboard!
Solar_Crimson 01/07/20 11:46:56 PM #15:	YoshitoKikuchi posted... Walt Disney Co. says that Hulu, which it took over last year Goddammit, Disney needs to be stopped. --- Be wary of boarding the hype train, lest you end up on the ruse cruise... - nanobuilder (r/nintendo) http://backloggery.com/SolarCrimson <cite>Solar_Crimson posted [p:932617628] in No major s... [t:78313700]...</cite> <quote>YoshitoKikuchi posted... </cite> <quote>Walt Disney Co. says that Hulu, which it took over last year</quote>Goddammit, Disney needs to be stopped. </quote> ... Copied to Clipboard!
Zikten 01/07/20 11:48:05 PM #16:	Disney is....inevitable <cite>Zikten posted [p:932617677] in No major s... [t:78313700]...</cite> <quote>Disney is....inevitable </quote> ... Copied to Clipboard!
Dark_SilverX 01/07/20 11:53:38 PM #17:	Disney will soon own everything. --- I support Sony, Microsoft and Nintendo. don't compare games to feces -- if you've an opinion worth mentioning, do so civilly <cite>Dark_SilverX posted [p:932617847] in No major s... [t:78313700]...</cite> <quote>Disney will soon own everything. </quote> ... Copied to Clipboard!
Questionmarktarius 01/07/20 11:55:03 PM #18:	Solar_Crimson posted... Goddammit, Disney needs to be stopped. CBS and NBC wandered off, and Fox got eaten, maybe in that order? <cite>Questionmarktarius posted [p:932617882] in No major s... [t:78313700]...</cite> <quote>Solar_Crimson posted... </cite> <quote>Goddammit, Disney needs to be stopped.</quote>CBS and NBC wandered off, and Fox got eaten, maybe in that order? </quote> ... Copied to Clipboard!
darkphoenix181 01/07/20 11:57:28 PM #19:	Probably isn't that they aren't profitable but that they blow all their profits on making originals to try and be #1. Because it will be even more profitable to monopolize the future #1 spot than to take the profits they get now. <cite>darkphoenix181 posted [p:932617957] in No major s... [t:78313700]...</cite> <quote>Probably isn't that they aren't profitable but that they blow all their profits on making originals to try and be #1. Because it will be even more profitable to monopolize the future #1 spot than to take the profits they get now. </quote> ... Copied to Clipboard!
inloveanddeath0 01/08/20 12:00:31 AM #20:	Solar_Crimson posted... Goddammit, Disney needs to be stopped. It does --- http://www.last.fm/user/PolarPolaroids <cite>inloveanddeath0 posted [p:932618080] in No major s... [t:78313700]...</cite> <quote>Solar_Crimson posted... </cite> <quote>Goddammit, Disney needs to be stopped.</quote>It does </quote> ... Copied to Clipboard!
Questionmarktarius 01/08/20 12:07:03 AM #21:	A couple or three streaming things going tits up may finally stop the rampant balkanization. darkphoenix181 posted... Probably isn't that they aren't profitable but that they blow all their profits on making originals to try and be #1. Netflix needs to go back to countless B-movies on streaming, and merging the DVD-by-mail back into it. <cite>Questionmarktarius posted [p:932618305] in No major s... [t:78313700]...</cite> <quote>A couple or three streaming things going tits up may finally stop the rampant balkanization. darkphoenix181 posted... </cite> <quote>Probably isn't that they aren't profitable but that they blow all their profits on making originals to try and be #1.</quote>Netflix needs to go back to countless B-movies on streaming, and merging the DVD-by-mail back into it. </quote> ... Copied to Clipboard!
SK8T3R215 01/08/20 12:12:41 AM #22:	Well most are basically going for scale right now so yeah they're forgoing maximizing profits for that. --- New York Knicks, New York Jets, New York Yankees. <cite>SK8T3R215 posted [p:932618518] in No major s... [t:78313700]...</cite> <quote>Well most are basically going for scale right now so yeah they're forgoing maximizing profits for that. </quote> ... Copied to Clipboard!
AvantgardeAClue 01/08/20 12:53:01 PM #23:	Solar_Crimson posted... Goddammit, Disney needs to be stopped. Zikten posted... Disney is....inevitable Dark_SilverX posted... Disney will soon own everything. The Mouse always wins --- Sometimes I say things and I'm not voice acting. <cite>AvantgardeAClue posted [p:932635734] in No major s... [t:78313700]...</cite> <quote>Solar_Crimson posted... </cite> <quote>Goddammit, Disney needs to be stopped.</quote> Zikten posted... </cite> <quote>Disney is....inevitable</quote> Dark_SilverX posted... </cite> <quote>Disney will soon own everything.</quote> The Mouse always wins </quote> ... Copied to Clipboard!
Topic List	Page List: 1

Current Events > No major streaming service generates reliable profits (+) Yeah! (+)

Current Events > No major streaming service generates reliable profits