After the initial bloom of new platforms and subscriber growth, the digital streaming industry has cooled — and Wall Street has turned up the heat.
Streaming was supposed to be forever. That was the promise of a digital library of movies and TV shows.cycling through titles, aware that as Hollywood studios launched their own streaming services, proprietary content would transition to a new platform.pulled content as part of planned tax write-offs tied to its merger, consumers seemed to accept the move as the cost of doing business.
After the initial bloom of new platforms and subscriber growth, aided by pandemic lockdowns and a surge of fresh content, the digital streaming industry has cooled. And Wall Street has turned up the heat on media companies, now focusing on if and when streaming will be profitable versus if those providers are putting up big subscriber numbers.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How SF can learn vital lessons from Wall StreetWall Street had its own ‘doom loop’ days. SF should learn from them. Opening downtown up for residential housing is a start.
Read more »
Wall Street tech darling Nvidia unveils more AI products — including a new supercomputerFounder and Chief Executive Officer Jensen Huang set out to dazzle a crowd at a Taiwan tech show on Sunday, announcing an array of new products.
Read more »
Wall Street Dreads Biden-Trump RematchThe finance set wants a business-friendly challenger to emerge and shake up the 2024 race. “Everybody is hoping for a miracle.”
Read more »
TipRanks reveals the top 10 consumer goods sector analysts of the past decadeTipRanks' analyst ranking service ranks the top Wall Street firms of the past decade.
Read more »
Driver killed after crashing into cliff wall in Southern UtahOne person has died after officials said they failed to complete a 90-degree curve and crashed into a cliff wall in San Juan County.
Read more »