Once a fan favorite, Max shed 700,000 subscribers in the past three months, even as it made money. That might work for Warner Bros. Discovery, but what about viewers?

Maybe (HBO) Max Just Isn’t Worth It::Warner Bros. Discovery’s latest earnings call reveals Max shed 700,000 subscribers in the past three months, even as it made money. That might work for Wall Street, but what about viewers?

  • ArtificialLink@yall.theatl.socialEnglish
    691·
    1 year ago

    I just for the life of me cannot understand why all these companies thought it was a good idea to invest the time, money, resources, infrastructure, maintenance, and so many other things into developing their own service. Instead of just pawning off their content to some other sap who has to do all that shit for you. And making them pay you a pretty penny because you know they want your content. It’s just such incredible short-sightedness from companies that are constantly just chasing the biggest dollar. Like if anyone thought about it for a minute, all these companies would see that it wasn’t worth it to develop these services. They got scared cuz Netflix made some of its own good content. But realistically, if they just calm down they would have realized that Netflix can’t make bangers forever. And they’re still going to be invested in buying content from you. These big company should have gotten together and figured out how to reduce the price of cable so people fucking sign up for it and keep watching the mass amount of fucking ads.

    • Tosti@feddit.nlEnglish
      12·
      1 year ago

      Maybe this realisation is a good one on both fronts. Netflix was pretty uniquely positioned and had to actually compete against these giants, while the Giants are learning it’s hard and consumers don’t want 25 storefronts… convenience is key.

      So maybe we will see some normalization in the streaming space.

      I can hope… can’t I?

      • CmdrShepard@lemmy.oneEnglish
        122·
        1 year ago

        At this point I guarantee it’s going to turn back into cable where you’re paying $100 a month (with commercials) for the 2-3 streaming services that survive streamageddon.

    • yeather@lemmy.caEnglish
      8·
      1 year ago

      They saw Netflix was making a lot more money from their content and wanted s piecd of that pie. Now they’re slowly realizing it takes quite a while to get there.

      • JeffKerman1999@sopuli.xyzEnglish
        91·
        1 year ago

        Yeah but Netflix paid them for that content so it their fault they didn’t ask for a “fair price” or something. Also I guess they wanted to fuck over the artists by fudging with streaming numbers and pay them nothing.

    • FurtiveFugitive@lemm.eeEnglish
      7·
      1 year ago

      I’m pretty sure that’s how Hulu started. A joint venture through several companies to stream all their shows. Problem is once Disney got in everyone else tried to spin up their own and cash out of Hulu.

      It’ll be investing to see what alternatives crop up one piracy makes it’s comeback.

    • Phen@lemmy.eco.brEnglish
      7·
      1 year ago

      They all hoped their own service would dominate and incorporate all competition.