• DogMuffins
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    1 year ago

    Apparently it wasn’t so much a “golden” goose.

    They were all happy to let them run at below cost just gathering up market share.

    Now they’re trying to re-position to be profitable. Their subscriber numbers will definitely take a hit but they will have done the math.

    • EnderMB@lemmy.world
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      1 year ago

      Do you have any stats/resources that show that these streaming services are inherently unprofitable?

      • DogMuffins
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        1 year ago

        Sure, it’s a fundamental concept of strategic management.