Another link if you get WSJ paywall.
For the first time, Disney+ and Hulu became profitable in the second quarter of 2024. Disney+ and Hulu ended the quarter with a $47 million profit. However, when combined with ESPN+, the business lost $18 million in the quarter. Disney says its streaming business with ESPN+ will become...
cordcuttersnews.com
As I have posted here so many times, 2024-2025 are major transition years, where certain streaming services become profitable , certain ones will stop services or merge with another.
Then in those 2 years, there will be no question that the end is near for Cable/Satellite Video services, the supporters of those keep saying that cord cutting will slow down, still has not happened, Cable/Satellite lost 7 Million subs in 2023, up from 2022, 6 Million, now in 2024, just 3 providers, Comcast, Charter and Fios lost a million already ( Fubo lost over 100,000 also).
Streaming Services that will make it
Netflix ‘duh
All of
Disney except Hulu Live.
Paramount+ with Showtime - I know they are for sale, which can change things, but this is a service that already has 71 million subscribers and is, maybe, just a reporting quarter or two from being profitable , just needs a price increase and a few more subscribers, based on what was reported last quarter.
YouTube TV the only future Paid Live TV has, in just 7 years, overtaken Dish Network, a service that has been providing service for 28 years, should overtake the combined Dish plus Sling sub numbers, by the end of the year, should overtake all of DirecTV, next year, possibly Spectrum and Comcast, but for sure by 2026, will become the number one provider.
Dead Meat
AMC+ just stop now and start selling the content to Netflix again
All of the other Live Paid TV Services, it is over, YTTV has won, it has almost the same amount of subscribers then all of them combined (Hulu Live, Sling, Fubo, estimated number of DirecTV streaming, Philo).
Question is still out
Peacock I really do not understand this service, with the recent NBA offer, seems like they are just tossing money at the wall to see what will stick, Universal has such a deep catalog , which they could use to make new series from, much like what Paramount has done with Star Trek, yet it seems like it wants to be a lessor version of ESPN with extra drama shows that do not last more then a season.
MAX First Quarter is out Thursday, will give us an idea where things are.
Their debt and money problems are well known, seems like some in the press want to paper over how things really are, for example, they will say Dune 2 is a big hit, no it was not, it cost $195 Million to make, over another $100 Million in Marketing, so it needed to make $800 Million at least to break even, Box Office was, as of now, $708 Million, will it make a slight profit, I would say yes, definitely not a big hit based on the costs and it is already on sale via digital and due on Max within the next 2 weeks.
Plus the fact that Warner only gets 20% of their share from the Box Office, Legendary gets 80%, the same problems exists for the new Godzilla movie, budget and marketing was over $200 Million, has made $548 Million, supposed to go digital next week.
Apple TV+ I really love this service, but it losses so much money, I know Apple can afford it, but sooner or later, they will come to their senses and say we need to start making money with it.
Amazon Prime TV They have finally decided it is time for the service to make some money, what I see Apple doing in the next few years,
