Nolte: One Cable TV Provider Lost 393K Subscribers in One Quarter
As streaming subscriptions plateau and two to three million cancel their CSTV every year, things will only get worse for Hollywood.
![The logos for streaming services Netflix, Hulu, Disney Plus and Sling TV are pictured on a](https://media.breitbart.com/media/2024/07/AP23306086123397-420x315.jpg)
As streaming subscriptions plateau and two to three million cancel their CSTV every year, things will only get worse for Hollywood.
Streaming bundles suck you in with a low price, and then one day you realize you are the slow-boiled frog paying $100 a month for content you hardly watch.
So now CNN is admitting it will try to survive with a subscription platform based on “lifestyle journalism,” which is just another way of saying, No one will pay for our political journalism, so let’s write about cooking and travel.
Paramount will soon begin selling off pieces of the studio and cutting $500 million in overhead, which means staffing cuts.
YouTube TV experienced its first-ever quarterly subscriber loss in what appears to be an ominous sign of increasing churn for the live TV streaming sector, according to a new report from analyst Craig Moffett.
Amazon Prime will be restoring the “Born to Kill” phrase on the main menu poster for Stanley Kubrick’s Full Metal Jacket.
The Oscar-nominated screenwriter of the movie “Philadelphia” is the latest Hollywood figure to sound the alarm on AI, while also warning about the dangers of soulless streaming algorithms.
The Canadian Radio, Television, and Telecommunications Commission (CRTC) on Tuesday announced that online streaming services such as Netflix, Hulu, and Amazon Prime will be required to “contribute” five percent of their Canadian revenue to funds for local broadcasting.
Nolte: Disney’s Lucasfilm Princess Kathleen Kennedy appears to already be blaming her next Star Wars flop on male Star Wars fans.
“CNN suffered its worst ratings among primetime viewers in the most coveted demographic by advertisers” since 1991, reports the New York Post.
Nolte: The Disney Grooming Syndicate has announced it will “reduce pretty dramatically” its investment in TV content.
My hope is that Bob Iger sincerely believes Disney’s descent into pure evil has nothing to do with this $4 billion loss. I don’t want Disney to right its ship. I want Disney to die.
This all grows out of streamers freaking over “churn.”
Netflix, Apple TV+, and Peacock will soon offer a streaming bundle. This comes after Disney announced a streaming bundle with Hulu and Max.
There’s a fascinating thread running through these quarterly reports from left-wing Hollywood. They all deliver good numbers (subscriber increases, etc.), but the stock still drops. Last week, it was the Disney Grooming Syndicate. This week it is AMC.
Rohan Reddy of Global X ETFs warns against buying Disney’s sinking stock, which is down primarily due to its failure with streaming.
“I think linear TV is kinda toast,” actor Edward Norton told CNBC Tuesday. He is absolutely right. Cable/satellite TV is doomed.
Comcast/NBC/Universal’s streaming service, Peacock, lost a whopping $639 million in the first three months of 2024.
A new phenomenon known as “serial churners” spells trouble for streaming services wherein people subscribe only temporarily.
Netflix’s decision to end its quarterly reporting of subscriber numbers tells me Netflix knows it has peaked.
The streaming giant Netflix has said it will stop reporting quarterly subscriber numbers with its 2025 earnings, instead focusing on other metrics.
Netflix, the only streamer making a profit, will reportedly no longer make lousy, super-expensive blockbusters or lousy “auteur” movies.
Major Hollywood studios are panicking as video piracy is once again on the rise, with the industry’s main lobbying organization demanding that Congress take action against piracy sites that are eating into studio profits at an ever-increasing rate.
Hollywood can produce all the crap it wants. But they can’t make us watch.
Hollywood’s streaming business is on the brink of catastrophe while price hikes continue to push more American subscribers away.
Only 34 percent of American adults prefer watching movies in a theater, compared to 66 percent who prefer watching them at home, according to a poll.
Antitrust experts are raising alarm bells as entertainment giant Disney aims to control over 80 percent of nationally broadcast sporting events through joint venture with Fox and Warner. The CEO of competing platform Fubo says that Disney “has consistently engaged in anticompetitive practices that aim to monopolize the market, stifle any form of competition, create higher pricing for subscribers and cheat consumers from deserved choice.”
What’s keeping Oscar-winner Daniel Day-Lewis in retirement is looking at 7,000 streaming choices and realizing none are worth a damn.
If you can’t hold the product or the title or the deed in your hand, it ain’t yours, and the fine print says they can take it away any time they want.
The Disney Grooming Syndicate is facing a “wave of subscriber cancellations” over Disney+ price increases.
FuboTV — the sports-oriented streaming service — is suing to stop Disney, Fox, and Warner Bros. Discovery from creating a rival service that would combine the three Hollywood studios’ formidable sports programming into one mega-streaming package.
New streaming data has revealed that older television shows have performed better than newer shows in terms of views.
All that’s left is for Hollywood to try and recreate the racket known as cable/satellite TV through streaming mergers.
Netflix is smart. If you want to see a Netflix movie, you have nowhere else to go. This is how I would run Netflix.
Wall Street is living with the fear that streaming services will never match the massive income generated by cable TV.
NBCUniversal’s Peacock lost a mind-boggling $2.7 billion in 2023 as the left-wing legacy studio continues to burn through cash at an alarming rate in the Hollywood streaming arms race.
Doug Liman, director of the upcoming Road House remake, is furious Amazon is sending his movie direct to streaming.
Nolte: In 2022, a sewer pipe delivered some 2,264 TV shows to American households. Last year, that number dropped to 1,784.
Amazon is laying off “several hundred” workers at Prime Video and MGM Studios — the latest bloodbath for a Hollywood streamer as consumers hammered by the Biden economy continue cutting back on streaming subscriptions.
We are doing this to ourselves. Are Americans now too fat and lazy to get off the couch to load up a DVD or Blu-ray no James L. Brooks can erase?