Once again, profits are getting less and less for Cable and Satellite, just as streaming
(not all of course) gets closer to being profitable.
No, not it isn't ever going to be profitable. EVERYONE who wants it, has it. It isn't enough people to cover the costs.
But go ahead, take the challenge:
In (year) ___________ will be different and make streaming profitable.
Go ahead.
For example Dish Network’s net profit in Q12023 was $200 million, in Q1 2022 was $400 million, right in that report it said due to the loss of subscribers, not the hack.
Profitable.
Also the #4 Cable Provider, Altice/Optimum is looking to outsource or shut down down their unprofitable Video service.
No, simply covert it to a different delivery method, which 99% of customers will never notice the difference. Still in the profitable business of selling linear TV.
Where the good stuff is. What the customers want. Which is why it is profitable.
Like I said, the next two years is the time for transition, by the end of 2024, everything will be reversed from what you post now.
Because in 2024 ______________ will be different.
Go ahead and try to answer the unanswered question.
Once again you are ignoring Netflix which is extremely profitable, others are also as reported by their quarterly reports, others soon, some others will not.
I don't "ignore" Netflix. It has taken over the niche of HBO/Showtime from the 80s-00s. SUPPLEMENTAL TV for higher end customers.
Not really anything to do with the dead enders in the rest of the unprofitable streaming business.
Amazed you are not pointing out how certain channels are also no longer profitable, RSNs for one, how layoffs are now affecting cable channels with the loss of per sub fees and advertising.
Yes, with the consumer unprotected by the bundle, RSNs are the first of many types of programming that simply will not exist in the future. A la carte KILLS consumer choice and affordability. I have always said that. A la carte is the consumer's enemy.
In a few years ESPN and its imitators will also move to unprofitability, and die. As will most other forms of content makers. Because no one thing, sports or not, save the NFL, if popular enough to enough people.
Enjoy the reruns. And remember back when new shows were produced, and every ball game was on TV. When the consumer was protected. By the bundle.
Or how the major broadcasters (cable channels also) are cutting back on their programming, yet putting up more cheap reality and game shows instead of Traditional Dramas and Sitcoms.
Or what? Yeah, with the consumer unprotected, networks have to toss up garbage like that. If only there were a system that protected the consumer. Oh, yes, there was. The bundle.
Or how they are now losing sports to the streaming services ( Big Ten leaving ESPN, NFL games streaming only, etc)
Big Ten left ESPN for CBS, NBC, and Fox, yeah, Indiana and Minnesota will probably be the streaming only game. Enjoy.
But, yes, sports are the key fault in the unprofitable streaming business. Most people that went streaming only did so to get away from sports and its costs. And, save for Netflix, that didn't work out, now did it.
So sports are being offered to people who don't like sports. Yep, that is the ticket.
Do not see that expensive Cable/Satellite monthly bill getting any less, so yes, I would rather save that $20 ( more then that) for a lot more programming ( all from what is on Live TV plus the exclusive stuff) then pay more for a lot less.
Enjoy the reruns, and the occasional estrogen soaked melodrama on Netflix. All TV will be in a few years.