Movies and TV Shows

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Universal's streaming service Peacock Lost $651 Million From April to June, expected to lost $3 Billion in 2023 (www.indiewire.com)

submitted 1 year ago by fuckReddit@infosec.pub to c/moviesandtv@lemmy.film

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Peacock finished the second quarter of 2023 with 24 million subscribers.

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[–] chickenwing@lemmy.world 13 points 1 year ago (2 children)

Got to hand it to Sony for not falling for the create your own streaming app trap. Everyone else tried to battle Netflix and they are all losing even Disney. I think there will be at least 3 dead apps by the end of next year. MGM+ being an obvious one. I can see Disney+/Hulu, Max, Netflix, and maybe one other one coming out of this alive.

[–] drhandsome@lemmy.film 10 points 1 year ago

I think Apple TV+ will also survive, simple because Apple’s business model permits loss leader services like that (or Apple Music is or Apple Fitness). The whole thing is basically one big elaborate iPhone ad.

[–] thessnake03@lemmy.world 1 points 1 year ago

WB / Discovery doing their best to Fuck Max up. They can survive solely on HBO content tho