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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 2 years ago by [M, B] 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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[–] 135 points 2 years ago (17 children)

Streaming platforms should not be allowed to produce content and vice-versa. That’s how it was with movie theaters. Ever wondered why there are no Paramount theater, or MGM theater and so on? Because studios aren’t allowed to own theaters.

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  • [–] 78 points 2 years ago (4 children)

    It's basically the Live Nation/TIcketmaster issue. They sell the tickets to the events at venues they own. Conflict of interest much?

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  • [–] 45 points 2 years ago (3 children)

    Live nation/ticketmaster is worse than that, if you try to open a venue without giving then a cut in some way they'll blacklist you from the industry.

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  • [–] 0 points 2 years ago (2 children)

    Blacklist them from the... real estate market?

    Lol. How exactly does that work? It's the performers that make venues worth going to, not the venues themselves or the people selling the tickets.

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  • [–] 7 points 2 years ago* (1 child)

    By creating near-universal exclusive contracts with venues and artists.

    Ticketmaster/LN offers venues ticketing access to fans who want to buy tickets. Because there's no real competitor, the venues feel compelled to sign. The contracts have a provision that prohibits the venue from contracting with other ticket sellers.

    Ticketmaster/LN offers artists access to venues for a national tour. Because major venues have all contracted exclusively with Ticketmaster/LN, there is effectively no way to tour without participation of venues who exclusively use Ticketmaster/LN. It's a fait accompli at this point, but Ticketmaster/LN also offer artists participation in their bogus fees, meaning artists get some extra money and don't have to take the blame (Ticketmaster/LN takes the blame, and some extra profit). The artists' contracts prohibit working with non-Ticketmaster/LN venues, further locking in the venues.

    Venues who do not participate are locked out of artists and fans. Sounds like a blacklist to me.

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  • [–] 29 points 2 years ago

    Yep.

    Like lots of "disruptions" it was just getting ahead of regulations and lobbying to prevent/stall them.

    3rd party streaming providers and ending exclusivity contracts would fix streaming overnight, and studios would still make an insane amount of money.

    Not many people are going to sign up for a 7th streaming service to watch The Office, but millions of people would have it on if only for background noise.

    Have the streaming service pay studios per hour watched.

    It's up to the streamer to balance how much they charge consumers and how much they pay studios to remain profitable.

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  • [–] 15 points 2 years ago (6 children)

    As of 2020 move studios can own theaters

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  • [–] 29 points 2 years ago (5 children)

    And this is why the film industry is fucked. I’m a camera operator.

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  • [–] 2 points 2 years ago (4 children)

    No, generative AI is. Why get props, lighting, actors, etc. when you can just not and say you did at a language model connected to a video generation model?

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  • [–] 0 points 2 years ago (1 child)

    Uhh, no.

    Movies have sucked long before AI came out.

    Kaufman even commented on it saying that AI can do a better job than writers because writers have been making the same formulaic shit for years.

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  • [–] 2 points 2 years ago (1 child)

    yeah exactly. and hopefully being banned from making shows will motivate them to finally work on their terrible UIs. it’s so annoying that so many streaming services still lack basic functionality and have almost no customization options.

    its so insane these companies are competing with each other over what’s on their service instead of how pleasant it is to use their service.

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