PUC News’s Matt Belloni reports on what the slide in the stock price of
Netflix means about the streaming model.

In terms of theory, it means the Market is no longer convinced the
worldwide number of potential multiple platform streaming subscribers is
anywhere near as high as Netflix has asserted.

Practically, it means streamers are going to rely a lot more on advertising
for revenue, and not just subscriptions.  Even Netflix is starting to think
about this, and (even more shocking to me) HBO, which will soon be merged
with Paramount +, and have a with ads tier to hold down the subscription
price. Which sounds to me like, contrary to their old marketing phrase,
streaming will be the one thing that makes HBO, TV.

https://puck.news/why-hollywood-is-souring-on-streaming/
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