Everyone Blames Studios for Ditching the Pay TV Bundle. Can a New One Be Built Before Disaster Hits?

2023/09/02 16:01

Whether it's the Writers Guild, SAG-AFTRA or Charter executives, all parties point to the decision to chase Netflix as the cause of Hollywood anguish. Who can come up with a new alternative?

If the entertainment business could be summed up in one word these days, it could be “misery.”

The Writers Guild of America and SAG-AFTRA strikes drag on, with no end in sight. The major streaming services (sans Netflix) continue to be unprofitable, with most studios still targeting 2025 to break even. The pay-TV business continues to decline at a rapid pace, with its lynchpin sports and news channels seeking an exit.

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