Disney is removing original content from its streaming platforms to cut spending on residual payments to writers and actors. The company is also claiming the purge will result in $1.5 billion in losses — which could amount to a substantial tax break.
  • sibachian@lemmy.mlEnglish
    26·
    1 year ago

    ah yes, because sailing the high seas was only a trend and had nothing to do with how much actual content netflix offered originally.

    with less on netflix. the split to all these services. and themselves cutting their offerings. how the hell do they imagine people won’t look elsewhere?

    talk about bad decision making process lol.

    • luciole (he/him)@beehaw.orgEnglish
      13·
      1 year ago

      Last time I sailed was on Kazaa and she was young and shiny. I’ve been enjoying the quiet life on shore for the last two decades, quenching my thirst at the streamings. The times are changing though. I’m hearing the call of the sea.

      • Obi@sopuli.xyzEnglish
        3·
        1 year ago

        The landscape changed a lot, there’s options now where you can create a better experience than the paid services (you may need to pay a little but for a debrid service though). These answers lay on Lemmy already…

        • Pixel@beehaw.orgEnglish
          3·
          1 year ago

          Any links for stuff like that with a decent UX? Any support for casting to a TV would be especially wonderful without needing to hassle myself with a plex server but I’ll take anything to avoid these streaming platforms wars

          • Obi@sopuli.xyzEnglish
            3·
            1 year ago

            Look for the stremio + torrentio + real debrid guide. Very easy. For next level pair it with a Trakt account to curate your own feed in Stremio and get personalized recommendations / have stuff marked as watched automatically.

              • Obi@sopuli.xyzEnglish
                2·
                1 year ago

                You could just ignore that part but then I’d advise having a VPN instead. Also performance is going to be much poorer.

                There are other debrid services yeah, but you’ll also have to pay.

  • luciole (he/him)@beehaw.orgEnglish
    23·
    1 year ago

    This is getting to be a trend.

    Last year, Warner Bros and HBO Max undertook the first massive purge in the industry following the merger between the two companies, removing dozens of titles — reportedly to save on residuals and other costs. This spring, Paramount + also removed original content from their platform.

    Looks like they’re trying to optimize offering as little content as possible while retaining as many subscribers as possible. I know the term is usually applied to platforms of a different nature, but it does feel like the usual march towards enshittification.

  • MadgePickles@lemmy.dbzer0.comEnglish
    10·
    1 year ago

    "Disney claims it needs to destroy the content to cut costs on platforms that aren’t making money, but experts say the company is overstating the value of its content — which could ultimately help the company pocket a higher tax break.

    In May, Disney told regulators that it will incur $1.5 billion in losses as part of its content purge. Disney’s chief financial officer, Christine McCarthy, told investors Disney was making “excellent progress on our cost-cutting initiatives,” on its May earnings call, including “removing certain content from our streaming platforms.”

    How can it be both?

    • BirdyBoogleBop@lemmy.dbzer0.comEnglish
      12·
      1 year ago

      They are portraying it as a loss in assets, while the other is a gain in revenue.

      It’s still bullshit to portray it as an asset loss because it is not destroyed, but that appears to be what they are saying.

  • Valliac@beehaw.orgEnglish
    7·
    1 year ago

    Get a decent vpn, a worthwhile adblocker and some reliable pirate sites.

    I havent paid for a gd thing for over a year and I don’t plan to anytime soon.