this post was submitted on 22 Sep 2023
894 points (97.8% liked)
Technology
57432 readers
3325 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
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
More I see stuff like this the more I believe that these services really aren't making any money and its all smokescreen.
Though this could also just be investors trying to drive up profits instead.
The latter really wouldn't surprise me. A service could be making four times the investment in profit and many investors will still push to get a few more cents out of it at any cost.
It was awhile ago but I read that a lot of streaming services don't make a profit and I can understand the logic. With ads, there is a direct link between a show and it's profits. The more people watch a show, the more people see the ads, the more a company can charge for ads on that show. Without ads it becomes difficult. It doesn't matter if 100 people watch or a million, the profits are the same.
I feel it's inevitable that streaming services are going to go back to ads. It's the better business model.