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Media Companies Are Ready to Sell. Does Anyone Want to Buy?

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No, but at least two rock stations (Chicago and New York) that have flipped to K-Love in the last five years made sure their last song played was "Highway to Hell".
95.5 PLJ in New York was Hot A/C at the end, not rock. They were originally rock many decades ago.
 
They might, but the market for internet service is pretty competitive. I have three companies trying to get my business. Cable companies are competing with phone companies, and then you have Google Fiber. So that competition will hopefully keep prices down. I notice cable companies like to continue the hardware rental business to internet by offering their own wifi/modem. But you can buy a compatible box at a fairly good price.
companies like Optimum in Northern NJ have a monopoly. My parents live 45 minutes outside New York City and they can only get one cable company, Optimum. In the 80s they tried to use an antenna for OTA signals they only got ABC 7 because they live in the mountains of New Jersey. Yet they still get NYC stations like locals with some Hudson Valley stations. If they got rid of cable TV for just internet and added YouTube TV they would have to pay $100 more per month to Optimum than they do with the TV, Cable, and Internet. Optimum is all that they can get. Fios doesn't go into their area nor does T-mobile. Heck, they didn't get Verizon cell service in that area until maybe 15 years ago because they have a water tower behind their house.
 
^^^
..."complete and utter panic" in the industry.


Selling the ABC TV OTA network is mentioned, nobody interested in buying, what's left to do - cut prime time to 2 hours to save money (then maybe to 1 hour + edited/censored cable/streaming TV show rerun for the 2nd hour)?


Kirk Bayne
 
My husband got an email from Amazon telling him that Prime will include ads but the price won't change it will remain the same. 🙄 The ads that will play on prime will be for Amazon and Prime. It's all so Jeff Bezos can be greedy and make more money.
It's wrong for Bezos to profit from having the smarts and persistence to make an online bookstore into one of the world's biggest companies. But it is OK for baseball player to sign a $600 million contract.
 
^^^
..."complete and utter panic" in the industry.


Selling the ABC TV OTA network is mentioned, nobody interested in buying, what's left to do - cut prime time to 2 hours to save money (then maybe to 1 hour + edited/censored cable/streaming TV show rerun for the 2nd hour)?


Kirk Bayne

It's the streaming that's causing the massive losses. Or rather, the loss-leader pricing of streaming in an attempt to attain immediate scale as everyone not named Netflix, Amazon or Hulu jumped in the pool at the same time.

Getting full control of Hulu is how Disney becomes profitable.

Warner Bros. Discovery is profitable because of cost-cutting.

Apple can afford to run Apple TV+ as a boutique streamer.

Amazon Prime is a shopping service with a streamer wrapped inside it. They're fine.

That leaves Paramount+ and Peacock as the losers. As the article says, mergers and spinoffs would be one way to handle it, but the added debt doesn't look good on anybody's balance sheet.

I've said it before, I'll say it again: Barring a merger, Paramount+ and Peacock are best off shutting down their own services and becoming a tier on Amazon Prime---or just licensing their stuff in packages to the highest bidders among the survivors.
 
I've been gradually trying to get used to the clunkiness of FireTV and streaming exclusively. Switching to OTA is pretty easy and reliable.

After a few weeks of FireTV, the only thing I miss are the local channels just because of the local NFL games. I don't want the whole NFL package. I thought I could just download the local channel apps, and that would solve the problem, but no. All you get on the local channel apps are local news and weather. No regular programming. Lots of archived news video. The Firestick knows where I am because of my ISP. So it tells me what is blacked out in my area.

You say switching to OTA is easy, but I assume that requires an antenna and switching the TV input from the Fire to OTA. Or is there a way to do that within Fire that I haven't found?
 
After a few weeks of FireTV, the only thing I miss are the local channels just because of the local NFL games. I don't want the whole NFL package. I thought I could just download the local channel apps, and that would solve the problem, but no. All you get on the local channel apps are local news and weather.
Have you subscribed to YouTubeTV? Different than just YouTube. If so, it also has your local channels just like cable in the lineup.
No regular programming. Lots of archived news video. The Firestick knows where I am because of my ISP. So it tells me what is blacked out in my area.
I've used the browser on my RV's 'smart TV' to find local channels or their associated network programming when we're out camping but have Internet access. It's a pain initially, but search for your local NBC station, save it to your favorites, and then do the same for ABC, CBS, Fox, etc. Most major market stations are streaming live.
You say switching to OTA is easy, but I assume that requires an antenna and switching the TV input from the Fire to OTA. Or is there a way to do that within Fire that I haven't found?
I have an outdoor TV antenna on the house aimed North toward Washington, D.C. and Baltimore then split to all the TV's in the house. All I need to do is change the source/input on my TV remote from (in my case) HDMI-1/Firestick to TV mode. The internal TV tuner receives all the local channels, along with most of the Baltimore stations. Once you have it connected to an antenna, you just need to go into the TV menu and have the TV scan for available channels. Currently, I get 73 local channels which include main and diginets. My wife complains about having to change the input/source each time she wants to watch a local channel, but it's not that difficult.
 
Have you subscribed to YouTubeTV? Different than just YouTube. If so, it also has your local channels just like cable in the lineup.

I don't want to get into any subscription plans at this time.

I've used the browser on my RV's 'smart TV' to find local channels or their associated network programming when we're out camping but have Internet access.

So that's not with a Firestick?
 
Streaming of video isn't profitable for so many large media companies, like Disney, Warner Bros., Comcast, Paramount? Even when (in some cases) they have increased their numbers of subscriptions and even raised some prices? And they're still facing "billions in losses" from their digital platforms?

Who'da thunk?

Obviously, consumers only have so much money to pay out, and they're being selective. And as some in the Hollywood movie industry have said (Matt Damon in particular, in an interview I saw on YT), streaming has cut revenues that they used to get from physical sales, that would act as a sort of revenue 'cushion' when box office proceeds weren't exactly massive.

The main problem seems to be that there is massive, and nearly unlimited competition for the same couple of device screens, even more than there was during the age of Cable, where each home had one cable service or satellite service with 250 channels, but one fairly large fee to cover them. Today it's all scattershot, and it seems Netflix must be doing something right, but there's always a winner in the internet commerce game, the aforementioned Amazon being one of them.

Such is the nature of the internet media age.
 

I haven't read about any creative plans to minimize churn - once my Hulu $0.99/mo runs out in 11 months, I plan to just subscribe for a month or 2 and binge watch some programs.


Kirk Bayne
 
I don't want to get into any subscription plans at this time.
Doesn't include local channels, but you might want to try downloading the Freevee app to your firestick. Just like the name says; it's free. There are some national and diginets there. You can just press the little TV set icon on your remote to see the channel lineup and schedule.
So that's not with a Firestick?
Correct. The two 50" Insignia TV's in my RV, one in the bedroom and one in the living area, have a baked-in browser that one can search, or download apps. Most of the newer Samsung TV's have something similar.
 
It's the streaming that's causing the massive losses. Or rather, the loss-leader pricing of streaming in an attempt to attain immediate scale as everyone not named Netflix, Amazon or Hulu jumped in the pool at the same time.

Getting full control of Hulu is how Disney becomes profitable.

Warner Bros. Discovery is profitable because of cost-cutting.

Apple can afford to run Apple TV+ as a boutique streamer.

Amazon Prime is a shopping service with a streamer wrapped inside it. They're fine.

That leaves Paramount+ and Peacock as the losers. As the article says, mergers and spinoffs would be one way to handle it, but the added debt doesn't look good on anybody's balance sheet.

I've said it before, I'll say it again: Barring a merger, Paramount+ and Peacock are best off shutting down their own services and becoming a tier on Amazon Prime---or just licensing their stuff in packages to the highest bidders among the survivors.
Starz is a strange one. At any time of the year, I can get it for like $3 a month or so...even without ads. Sundance Now is the same way.
 
Starz is a strange one. At any time of the year, I can get it for like $3 a month or so...even without ads. Sundance Now is the same way.

They are not major streamers. Starz is owned by Lionsgate Pictures that basically branched into streaming from cable on a limited scale.

Sundance is an imprint of AMC. They're not even in the same conversation as Netflix, Hulu, Disney and Warner, or for that matter even Paramount or Peacock.
 
They are not major streamers. Starz is owned by Lionsgate Pictures that basically branched into streaming from cable on a limited scale.

Sundance is an imprint of AMC. They're not even in the same conversation as Netflix, Hulu, Disney and Warner, or for that matter even Paramount or Peacock.
I wonder how they make money. Sundance sometimes offers me free months in an email, and even then I do not get ads. Starz is always running a massive sale.
 
I wonder how they make money. Sundance sometimes offers me free months in an email, and even then I do not get ads. Starz is always running a massive sale.

Well, for starters, they didn't (I can't believe I'm saying this again) bury themselves in debt trying to attain Netflix or Hulu-like scale.

Sundance has a mixture of content from small filmmakers, AMC's own library and, it appears some off-network shows. None of that costs a lot, and they don't have a lot of it. Even if it loses a little money, it's probably fine within the context of AMC's overall balance sheet.

Similarly, Starz has a limited library, much of it original content made to a budget, stuff from the Lionsgate film library and, again some off-network stuff (Laramie? Wagon Train? The Rifleman?). And, like Sundance, if it loses some money, it's probably a wash once it's part of the overall Lionsgate budget.

You DO understand that not every streamer has the same business model, the same costs or the same level of indebtedness, right?
 
Well, for starters, they didn't (I can't believe I'm saying this again) bury themselves in debt trying to attain Netflix or Hulu-like scale.

Sundance has a mixture of content from small filmmakers, AMC's own library and, it appears some off-network shows. None of that costs a lot, and they don't have a lot of it. Even if it loses a little money, it's probably fine within the context of AMC's overall balance sheet.

Similarly, Starz has a limited library, much of it original content made to a budget, stuff from the Lionsgate film library and, again some off-network stuff (Laramie? Wagon Train? The Rifleman?). And, like Sundance, if it loses some money, it's probably a wash once it's part of the overall Lionsgate budget.

You DO understand that not every streamer has the same business model, the same costs or the same level of indebtedness, right?
You are right that they probably do not spend as much, and that probably justifies it. Did not know The Rifleman was on Starz!!
 
You are right that they probably do not spend as much, and that probably justifies it. Did not know The Rifleman was on Starz!!
One of the major FAST networks has an entire channel devoted to The Rifleman, I'm pretty sure. Either that or a channel that seems to be running a Rifleman marathon every time I scroll down the schedule. Either Pluto, Xumo or Tubi, not in a position to check that right now.
 
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