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It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers. (arstechnica.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.

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[–] TwilightVulpine@lemmy.world 9 points 10 months ago

It seems pointless, but in practice what this is going to lead to is inovators getting absorbed by established media conglomerates.