Hollywood Nightmare: From Netflix's Stock Swoon to Mass Layoffs, Anxiety Grips Industry

[pstokely]

Last edited Thu May 5, 2022, 03:54 AM - Edit history (2)

What's the rate of subscribers who only subscribe to a service for a short period and then cancel, and maybe come back again for another short period? I've done that, and I just the DVD/BluRay sets of shows I really like if available

https://variety.com/2022/biz/news/netflix-stock-drop-hollywood-layoffs-1235257661/

Now Wall Street has serious questions about Hollywood’s long-term financial viability.“We think the industry is facing a point of no return in which the economics of the old models look increasingly frail while the potential of the brave new world now appears overly hyped,” wrote Robert Fishman, an analyst with MoffettNathanson, on May 2.

Ramped-up streaming initiatives have been a boon for creators in recent years: Every week, it seems, some new showrunner has been lured to Netflix, HBO Max, Apple TV+ or any other service with a mathematical symbol in its moniker, with the promise of a megadeal or a multi-episode order. Film and TV writers are worried that they’re going to see a slowdown in work amid rumblings of significant Netflix belt-tightening and questions about the future of DC Entertainment under new corporate ownership.

“Netflix couldn’t keep growing forever, so now it seems like they finally hit their limit and they will have to be more careful in how they do things,” one agent says.

In a sign of just how serious Netflix is about trimming content expenditures, on May 1 news broke that “Pearl,” an animated series developed by none other than Meghan Markle and Prince Harry’s Archewell Prods., had been canned. Not even the Duchess of Sussex is immune to the pressures of economizing.
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[Demovictory9]

1. I add netflix then close it over and over..flip between streaming.svcs

.i currently have amazon britbox..all are cheap but just.dont need more than one at a time

I have opened and closed hulu too

[PortTack]

2. Same here..screw their increases..cut it off for a couple of months and go back..fixed it!

[patricia92243]

3. There are more and more freebies as long as you are willing to watch ads.

HBOMax offers a discount price if you watch ads. Netflix etc. need to start doing that or make them free with more ads.

It is good for the consumer to have choices.