How Disney and Warner Bros. Are Causing Internet Piracy to Boom | Platforms like Netflix, Hulu, and Disney+ were supposed to do away with pirated media. Instead, they may make them stronger than ever.
How Disney and Warner Bros. Are Causing Internet Piracy to Boom | Platforms like Netflix, Hulu, and Disney+ were supposed to do away with pirated media. Instead, they may make them stronger than ever.
Platforms like Netflix, Hulu, and Disney+ were supposed to do away with pirated media. Instead, they may make them stronger than ever.
How Disney and Warner Bros. Are Causing Internet Piracy to Boom | Platforms like Netflix, Hulu, and Disney+ were supposed to do away with pirated media. Instead, they may make them stronger than ever.::Platforms like Netflix, Hulu, and Disney+ were supposed to do away with pirated media. Instead, they may make them stronger than ever.
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My biggest question is despite how expensive Disney+ is and their huge subscriber base, how are they not profitable? Nebula is a fraction of the price without any ads and plenty of originals and is quite profitable despite having under 1 million subs.
They spent $350 million making Secret Invasion, which was a bad show in every way. They have no control over their costs, yet they squeeze everyone as hard as they can.
They are profitable. Just not profitable enough.
No, they actually aren't profitable.
From https://arstechnica.com/culture/2023/12/its-shakeout-time-as-losses-of-netflix-rivals-top-5-billion/
"Disney, the largest traditional media company, is in the midst of a gutting restructuring that has featured 7,000 job cuts and attacks from activist investors. It lost more than $1.6 billion from its streaming businesses in the first nine months of 2023, during which its Disney+ service gained 8 million subscribers. The company says it will turn a profit in streaming in late 2024."