512

The TV streaming apps broke their promises, and now they’re jacking up prices (arstechnica.com)

submitted 1 year ago by soyagi@yiffit.net to c/technology@lemmy.world

96 comments fedilink hide all child comments

For a moment, it seemed like the streaming apps were the things that could save us from the hegemony of cable TV—a system where you had to pay for a ton of stuff you didn't want to watch so you could see the handful of things you were actually interested in.

Archived version: https://archive.ph/K4EIh

you are viewing a single comment's thread
view the rest of the comments

[-] Corkyskog@sh.itjust.works 2 points 1 year ago

It wouldn't be a lie, it would just be accounting. And honestly I don't know the accounting practices around such large organizations.

Basically Disney+ charges Disney studios for Disney IP. Disney studios gets $3B let's say over x amount of time for the deal, and Disney+ spends that amount of money. Meaning Disney+ loses money, while the Disney portfolio as a whole breaks even on the trade. That's not even to mention the value there is bringing people into the Disney ecosystem, making it more likely to visit them parks and buy more merchandise.

I don't think it's fair to look at Disney+ in a vacuum to compare to other services.

this post was submitted on 11 Aug 2023

512 points (97.6% liked)

Technology

59205 readers

2842 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS