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To: sphinx
Oops. How long Netflix can stay healthy withOUT a deep pocketed corporate owner is the interesting question. But at this point, Netflix is the only likely survivor of the approaching wave of consolidation that is 100 percent in the movie and tv business. For all the other likely survivors, movies and tv are loss leaders. And for them, even in the PixelVerse space, online gaming and sports are far bigger than movies. Offer any of the streamers a choice between the NFL or college football broadcast rights vs. a ten year run as King of the Theatrical Box Office AND the Oscars, and none of them would hesitate a second. They would toss movies under the bus in a flash. And these are the companies that now dominate the movie business.

The film industry needs to recover its independence and be run by people who are actually interested in making movies, whose financial success depends on making movies that people actually want to watch, and whose aspiration is to make truly great movies (rare in any era) that audiences embrace as well. Those kinds of people are still scattered throughout the film divisions of the Borg, but they are no longer the bosses. And it shows.

19 posted on 03/03/2024 6:33:27 PM PST by sphinx
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To: sphinx

Take a look at Netflix’s last earning statement and balance sheet. They earned quite a bit. They are doing just fine and will survive as they have pivoted as far costs and content are concerned.

Disney is going to shuffle around all kind of things to make Disney + look profitable but it will be an illusion.

Paramount will be sold .

Warner has just green lighted a new Superman Movie with a production price tag of $363 million and no one knows a thing about what it is about, but it will start shooting in Ohio according the huge tax credit they got there.


22 posted on 03/03/2024 7:13:27 PM PST by Captain Peter Blood
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