Just roll with it, dude. I get ribbing on this site all the time, and doesn't bother me.
-
Get involved.
We want your input!
Apply for Membership and join the conversations about everything related to broadcasting.
After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
If you use a disposable or false email address, your registration will be rejected.
After your membership is approved, please take a minute to tell us a little bit about yourself.
https://www.radiodiscussions.com/forums/introduce-yourself.1088/
Thanks in advance and have fun!
RadioDiscussions Administrators
Media Companies Are Ready to Sell. Does Anyone Want to Buy?
- Thread starter davideduardo
- Start date
- Status
Perhaps they could be consolidated into someone’s FAST offering.
Where did you find your stats, and how many streaming services were included. Just curious.
Adweek this week. Netflix, Disney/Hulu, Max, Paramount and Peacock.
Ranking Major Streaming Services for 2024
Rebrands, consolidation and AVOD set the tone for streamers in 2023.
www.adweek.com
As the piece notes, Amazon Prime doesn't break out video usage and Apple doesn't do it either. But Prime's overall churn rate is miniscule (as detailed in an earlier post) and Apple never really tried all that hard to be a major.
Does total subscribers mean "currently this month" or everyone who has ever signed up?Adweek this week:
Ranking Major Streaming Services for 2024
Rebrands, consolidation and AVOD set the tone for streamers in 2023.
This is an end of Q4 snapshot, so it's neither. It's what their then-current subscriber base was at year's end.
Makes sense. It is harder to find one for US only, but Netflix tends to have around 70 million from what I have seen and Hulu and Disney each have upper 40 million.
Thanks.Adweek this week. Netflix, Disney/Hulu, Max, Paramount and Peacock.
Ranking Major Streaming Services for 2024
Rebrands, consolidation and AVOD set the tone for streamers in 2023.
As the piece notes, Amazon Prime doesn't break out video usage and Apple doesn't do it either. But Prime's overall churn rate is miniscule (as detailed in an earlier post) and Apple never really tried all that hard to be a major.
Looking at the numbers it seems Paramount's number of subscribers increased massively, a jump of 17 million subscribers, partly due to consolidating Showtime into the main service.Adweek this week. Netflix, Disney/Hulu, Max, Paramount and Peacock.
Ranking Major Streaming Services for 2024
Rebrands, consolidation and AVOD set the tone for streamers in 2023.
As the piece notes, Amazon Prime doesn't break out video usage and Apple doesn't do it either. But Prime's overall churn rate is miniscule (as detailed in an earlier post) and Apple never really tried all that hard to be a major.
If subscriptions for the big streaming sites are still growing in number, obviously things look fairly good for the industry.
While trying to find stats on the industry, a couple interesting articles showed up in the search engine.
According to a 2019 study done by UC Berkeley, there are approximately 110 video streaming services out there, and according to an article in Forbes (2021) the biggest challenge for these streamers is production costs, along with some other costs (cloud costs, etc.).
So you've got increased subscribers, high costs, and a saturated market.... It will be interesting to see how things stack up over the next year. International streaming seems to be mentioned a lot in these articles, as well.
Forbes article:
Cost: The Biggest Challenge For Streaming Services ... And That Might Be A Good Thing
It is vital to the video streaming industry that we maintain an environment that encourages new entrants and allows smaller companies to compete with established players.
www.forbes.com
UC Berkeley article (2019):
The Economics Driving the Streaming Industry
KONNOR VON EMSTER - OCTOBER 21ST, 2019
econreview.berkeley.edu
At the time, the price and the multiples made sense. The speed of the adoption of streaming alternatives, added to the pandemic and finally the pseudo-recession destroyed every model that might have been employed and made the deal for the CBS stations become destructive.
Might have made sense, but were at the extreme edge of reality. If something went sideways, there was trouble ahead. Unfortunately, the whole world went sideways.
Looking at the numbers it seems Paramount's number of subscribers increased massively, a jump of 17 million subscribers, partly due to consolidating Showtime into the main service.
If subscriptions for the big streaming sites are still growing in number, obviously things look fairly good for the industry.
While trying to find stats on the industry, a couple interesting articles showed up in the search engine.
According to a 2019 study done by UC Berkeley, there are approximately 110 video streaming services out there, and according to an article in Forbes (2021) the biggest challenge for these streamers is production costs, along with some other costs (cloud costs, etc.).
So you've got increased subscribers, high costs, and a saturated market.... It will be interesting to see how things stack up over the next year. International streaming seems to be mentioned a lot in these articles, as well.
Forbes article:
Cost: The Biggest Challenge For Streaming Services ... And That Might Be A Good Thing
It is vital to the video streaming industry that we maintain an environment that encourages new entrants and allows smaller companies to compete with established players.
UC Berkeley article (2019):
The Economics Driving the Streaming Industry
KONNOR VON EMSTER - OCTOBER 21ST, 2019
So much has changed in three and five years (the age of those articles).
There may be 110 streaming services out there, but there are eight majors in the USA—-Amazon, Netflix, Hulu, Disney+, Max, Apple, Peacock and Paramount+. They are not in competition with 102 smaller (in many cases microscopic) players.
This year, Hulu gets folded into Disney+, so there will be seven. Apple made a lot of noise about being a major, but never really executed. They’ll survive as a boutique streamer, but it’s not a major and not likely to be, so that’s six.
Four of the six (Amazon, Netflix, Disney/Hulu and Max) are profitable. The odds are heavily against Peacock and Paramount+ being profitable as stand-alones.
If it sounds familiar, it’s because it’s page 42 and them’s the facts, despite (from various posters) ignorance, antipathy toward big corporations, pre-pandemic articles and wild-ass guesses, all of which require me to repeat the facts as they exist today lest someone read that stuff unchallenged and mistakenly think it’s relevant.
What makes this subject un-relatable to past market trends and revenues is the combination of COVID and huge increases in costs due to our strange inflation in basics such as food. People will figure out how to adjust their budget and that may mean cutting luxuries like going from two or three streaming providers to just one or two.
In our home, we used to go to the movies an average of once a week. Now we have decided not to go to theaters at all and have a variety of streams. In our nearby theater tickets are $14 to $18 for late afternoon or evening… a soft drink and a popcorn are now around $15. So we save about $400 or so a month on movie theaters which pays cable and the five on-demand services plus our TiVo subscription with around $150 or so left over.
So we have a “perfect storm” of the pandemic and huge inflation plus new alternatives for entertainment delivery and our habits are totally different from just three to five years ago.
When I was in my early 20‘s we would go to the movies two to three times a week. Over time, it has changed from “often” to “never”.
Exactly. As Mrs. Exdjted and I have gotten older, we like the convenience of eating while we watch a movie on our own TV, and the luxury of the pause button means older bladders don't cause us to miss whole sections of movies anymore, and since the wife falls asleep during movies, we can watch "Chicken Run: Dawn of the Nugget" over a 2 night stretch without having to buy another pair of tickets.
Thank you for proving my point! The vast majority of this conversation is occurring in a vaccum that isn't even recognizing this and is stuck in a myopia of returning to few choices and high prices. That's what killed cable and makes any streaming service merger, which AGAIN wouldn't even see the light of day in this current regulatory environment, doomed to failure.
And with that, I'm done arguing here.
He didn't.
Nonsense. The shakeout is happening because of those factors.
If every streamer charged $7.99 a month (a low price these days), subscribing to eight of them is $63.92 a month---$767.04 a year.
Or---y'know---roughly your cable bill without extra-cost tiers and packages.
If there are four streamers charging $11.99 a month, subscribing to all four is $47.96 a month---$575.52 a year. $191.52 that stays in your pocket. Three at $11.99 a month is $35.97. Two is $23.98.
The current model spreads desirable programming among too many sources, all of which charge separately for access.
No. As I told Weiserguy, cable's not a thing where you have multiple other choices in your town offering you different content.
---Nathan Obral, January 6, 2024
(we'll check back to see how well this ages)
Before the end of this year, I'll have a nice big plate of crow all ready for you. Won't be as tasty as the pizza you deliver, but much more satisfying.
The big question is could I find the time to watch when the broadcast networks couldn't even give me time to catch up during the strikes and holidays on what I had already recorded.
Chimp, the writer's strike lasted FIVE MONTHS. Scripted stuff still hasn't returned. What the hell did you record and how many terabytes is your DVR?
(Also, this means that cost---your original post---has nothing to do with it)
- Status