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Cyrano4747 posted:I’m going fo assume this is conspiracy BS until it gets confirmed elsewhere. That guy was a disaster and lost a ton of money, especially with Disney+. Replacing him isn’t a shocker. Which is kinda ironic as the former CEO wasnt the one who even got Disney+ and most of the train of loss making shows and movies in train, that would be Bob Iger. Who replaced the now sacked CEO Ups_rail posted:My friend sent me this Disney almost certainly did not put a cent into Crypto and that idiot is another one of these culture war bro fuckwits without a single "fact" to back up their bullshit. Yeah nah real lotta doubt there.
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Nov 26, 2022 05:25
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Disney is one case where having their own service makes sense- they have a shitload of stuff both in active production and their back catalogue, and everyone knows what they're getting with them. This is where you go to get old Disney cartoons (that aren't subject to inexplicable office politics anyway), to get Marvel, to get Star Wars, and other stuff is a nice bonus. The rest of the splintering just serves to confuse and annoy watchers who have no goddamn idea where to actually find a show at this point, triply so if you're outside the US, and unsurprisingly drove a ton of people right back to piracy. And doesn't help that they do things like fund all these new shows to attract subscribers and then cancel them right as they get popular assuming the subscribers will, I guess forget to turn off autorenew?
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Nov 26, 2022 05:28
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This might surprise some but a great amount of income from subscriptions and similar services come from people not ending their sub from either laziness or forgetfulness. I used to work for a company whose business was in asset leasing to other companies, and a huge source of our income was those companies not turning off autorenew on their leases.
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Nov 26, 2022 06:16
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I don't know why Disney just doesn't take the check to have their poo poo on Netflix et al. Why even bother spinning up the infrastructure to serve that content. You're going to drown in operating costs and reinvent the infrastructure problem that other companies have already solved.
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Nov 26, 2022 06:25
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Dr. Fraiser Chain posted:I don't know why Disney just doesn't take the check to have their poo poo on Netflix et al. Why even bother spinning up the infrastructure to serve that content. You're going to drown in operating costs and reinvent the infrastructure problem that other companies have already solved. Greed and being incredibly dumb OP.
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Nov 26, 2022 06:26
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Greed; they could make more money by Going Bender. efb on the greed answer. I guess my two cents is lol at people being lazy/stupid??? with letting monthly expenses keep going. so lazy in fact that there's an app to monitor your monthy expenses and will cancel stuff on your behalf. PhazonLink fucked around with this message at 06:30 on Nov 26, 2022 |
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Nov 26, 2022 06:27
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Dr. Fraiser Chain posted:I don't know why Disney just doesn't take the check to have their poo poo on Netflix et al. Why even bother spinning up the infrastructure to serve that content. You're going to drown in operating costs and reinvent the infrastructure problem that other companies have already solved. So like other streaming services like paramount are stupid for not doing this, but Disney legit has the back catalog, production studios, specific demographic -slightly less so with marvel/star wars/fox stuff but still all vague "family friendly" no independent, experimental or foreign films really", and brand recognition to pull it off. Amazon and apple seem to of got into production less about the streaming and more for something to sell through their stores, so that's a bit of a different model. Seems their more trying to create a home theater model for TV series... which I dunno maybe that could work? The actually just streaming services part of it seems more like an afterthought.
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Nov 26, 2022 06:42
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SettingSun posted:This might surprise some but a great amount of income from subscriptions and similar services come from people not ending their sub from either laziness or forgetfulness. I used to work for a company whose business was in asset leasing to other companies, and a huge source of our income was those companies not turning off autorenew on their leases. I remember hearing back in like 2015 that AOL was still making hundreds of thousands of dollars (millions?) off of their dialup subscriptions, presumably from people who forgot to cancel.
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Nov 26, 2022 09:31
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Dr. Fraiser Chain posted:I don't know why Disney just doesn't take the check to have their poo poo on Netflix et al. Why even bother spinning up the infrastructure to serve that content. You're going to drown in operating costs and reinvent the infrastructure problem that other companies have already solved.
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Nov 26, 2022 09:43
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I do not understand how they spent 33 billion on Disney+ last year.
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Nov 26, 2022 10:26
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Dr. Fraiser Chain posted:I don't know why Disney just doesn't take the check to have their poo poo on Netflix et al. Why even bother spinning up the infrastructure to serve that content. You're going to drown in operating costs and reinvent the infrastructure problem that other companies have already solved. To some extent the issue ran the other way — every year the cost to license top tier content from Disney and subsidiaries like Marvel was going up, and the instant the rental bill wasn’t paid that content would go to the next bidder. It was a brutal trend for Netflix’s overall business. At a certain point it became cheaper for Netflix to focus entirely on original content that they’d own in perpetuity instead of renting titles that grew more expensive every year. Having said that, I’m sure Disney executives saw enormous dollar signs at the prospect of directly streaming their most valuable stuff directly to customers, and may not have worked too hard to keep the content relationship going with Netflix.
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Nov 26, 2022 10:44
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33 billion dollars is so much more than the combined budget of every major studio film released last year god drat
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Nov 26, 2022 10:50
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For comparison it looks like Netflix is on track to spend 18 billion dollars in 2022. The first Google results mention that Disney’s 33 billion number does include things like sports rights, wide theatrical movie releases and their other networks like ESPN and HULU. But it’s definitely a shitload of money, no question about it.
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Nov 26, 2022 11:02
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Deep Glove Bruno posted:33 billion dollars is so much more than the combined budget of every major studio film released last year god drat less than bird website tho
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Nov 26, 2022 11:42
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King Carnivore posted:less than bird website tho Twitter has more dark comedy at the moment than Netflix and Disney combined
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Nov 26, 2022 11:46
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Cyrano4747 posted:I’m going fo assume this is conspiracy BS until it gets confirmed elsewhere. That guy was a disaster and lost a ton of money, especially with Disney+. Replacing him isn’t a shocker. ...is Disney+ losing Disney a ton of money? I had the impression it was pretty successful, and I'm industry-adjacent there. That may involve losing money starting off, of course, but they've gone from nothing up to basically right up there with Netflix and Amazon Prime.
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Nov 26, 2022 13:40
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feedmegin posted:...is Disney+ losing Disney a ton of money? I had the impression it was pretty successful, and I'm industry-adjacent there. That may involve losing money starting off, of course, but they've gone from nothing up to basically right up there with Netflix and Amazon Prime. Yep. their last earnings call was brutal quote:
That bolded but includes Hulu and I think a few other things but Disney+ was the bulk of it. A cool $1B from another article I read yesterday. Edit: this is a big part of them raising prices on Disney+ to $10/mo while adding a cheaper tier with ads.
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Nov 26, 2022 14:07
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also seems some tv shows were aired on the disney channel first that way their budget goes to that channel. I think the best solution for the streaming war would have been for different libraries to pool their content and collect the money let the distributor worry about making money.
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Nov 26, 2022 14:25
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Barudak posted:I do not understand how they spent 33 billion on Disney+ last year.
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Nov 26, 2022 14:26
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Another take I've seen repeatedly is that controlling distribution directly allows you to collect all the data about what your users are watching, for how long, etc. in order to inform future production decisions. In the surveillance capitalism era, capitalizing on user data telemetry has basically become table stakes for any public business. $33 billion is a huge amount of money, but maybe they were prevented from swinging and missing on, say, TaleSpin 2099 or live-action Gargoyles. But we do get stuff like Hocus Pocus 2, a sequel that oddly didn't already exist to a movie that is near the peak of its nostalgia wave.
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Nov 26, 2022 15:39
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Seems like business people this past decade have decided that "we lose money on every sale but we make it up in volume" is a sound strategy
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Nov 26, 2022 16:28
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Ups_rail posted:also seems some tv shows were aired on the disney channel first that way their budget goes to that channel. Yeah, the story just broke that Disney's CFO had been calling foul on the way Chapek had been juggling shows--content that was ordered and produced with the intent of airing on Disney+ would be given a rushed TV release so that the budgets could be attributed to the TV segment rather than Disney+. So that $23 billion direct-to-consumer price tag has already been massaged to make it look better than it was. I do think it's funny that Disney of all companies is lighting money on fire for market share right as the streaming wars turn unprofitable when they could have just tossed up their back catalog, pocketed a bunch of subscription fees, and wait for the bottom to fall out of streaming so they could pick up the pieces.
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Nov 26, 2022 16:34
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istewart posted:Another take I've seen repeatedly is that controlling distribution directly allows you to collect all the data about what your users are watching, for how long, etc. in order to inform future production decisions. In the surveillance capitalism era, capitalizing on user data telemetry has basically become table stakes for any public business. $33 billion is a huge amount of money, but maybe they were prevented from swinging and missing on, say, TaleSpin 2099 or live-action Gargoyles. But we do get stuff like Hocus Pocus 2, a sequel that oddly didn't already exist to a movie that is near the peak of its nostalgia wave. I am not an expert and do not sit in the big room, but based on my limited knowledge of how the data sausage for D+ was made, for the people making these decisions the data was an excuse to backup their preconceived notions and not nearly complex enough for what you are describing.
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Nov 26, 2022 17:42
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disney as a whole is still making profit but shareholders expect infinite growth every year
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Nov 26, 2022 17:51
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sorry for the streaming war derail. But I read an article about the AT&T Time warner failure. It outlined that warner was run like Switzerland, sell everything to everbody. ATT wanted to have the upstream of the content they provided they were gonna also collect and guard user data. I also think they looked at how people want short little tik tok videos (remember qubie) Turns out it was all a gaint cluster gently caress the ATT people didnt know how to run a studio. They are a loving phone company. I think someone mentioned it here but the content people should go back to a rental model and not do the exclusive poo poo. hulu can pay for friends netflix can pay for friends gently caress I should be able to open my own streaming service called Rails railing streaming video and have people pay to watch night court when ever they want. The big 3 networks trying their own streaming thing is also stupid. Anyway the more I think about the stupider it sounds that ftx had mouse money. because disney legal team as loving bullied terrorist organizations
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Nov 26, 2022 17:52
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I want my Willow TV series. Then Disney can cut costs.
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Nov 26, 2022 18:53
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16 5 the new floor? too high.
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Nov 26, 2022 18:59
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you can be a streaming company or you can be a production company but you probably shouldnt try to do both just to make TV shows that will never in a million years make back their cost
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Nov 26, 2022 19:12
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Proud Christian Mom posted:you can be a streaming company or you can be a production company but you probably shouldnt try to do both just to make TV shows that will never in a million years make back their cost Ups_rail posted:sorry for the streaming war derail. I don't understand a single thing about media but distribution is infrastructural and the duplication of infrastructure demanded by capitalist markets in the name of competition is just the stupidest thing I can think of.
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Nov 26, 2022 20:12
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I don’t even get how streaming is supposed to be making money at all. You have a set subscription, you spend billions of dollars to make shows and maintain the infrastructure and bandwidth. Not mention licensing costs if you aren’t Disney. Unless you have a giant toy market , I don’t see how this will ever break even unless they’re hoping for some absolute victory, wiping out all streaming competition and then raising the prices exhorbitantly
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Nov 26, 2022 22:52
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Disney plus would be free money if it stayed focused on kids instead of also spending a shitton to also make it work for adults because it's just monetizing the poo poo they already have
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Nov 26, 2022 23:05
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Darth TNT posted:I don’t even get how streaming is supposed to be making money at all. You have a set subscription, you spend billions of dollars to make shows and maintain the infrastructure and bandwidth. Their trying to get to where Netflix is. They had $24.9 billion revenue and $5.1 billion in profit in 2021. https://www.businessofapps.com/data/netflix-statistics/ Although honestly the math isn't quite working for me as like 220 million subscribes X $10-20 should be in the the $2.2-4.4 billion range, and subscriptions as far as I can tell are pretty much their only revenue, but that seems to be the numbers that are generally given. It's early, I dunno 
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Nov 26, 2022 23:18
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Darth TNT posted:I don’t even get how streaming is supposed to be making money at all. You have a set subscription, you spend billions of dollars to make shows and maintain the infrastructure and bandwidth. Not mention licensing costs if you aren’t Disney. you just have to exponentially increase the viewership for eternity, simple
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Nov 26, 2022 23:19
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Cyrano4747 posted:Yep. their last earnings call was brutal I didn't listen to the earnings call, but can't Disney control the profitability of Disney+ by varying the cost of 'licensing their enormous library of video products'? (in the same way that 'Google Australia' used to make sure it was never profitable by paying 'licencing fees' to Google Ireland that just happened to be the same as all their profit). Or are they literally spending all their revenue and then some licensing non-Disney content?
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Nov 26, 2022 23:29
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I mean people used to pay Disney + levels of money for the premium cable Disney channel which didn't let you pick what to watch but was based on a huge catalog of animated movies kids will watch 150 times repeatedly over the course of a year.
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Nov 26, 2022 23:42
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The problem is the infinite growth model plus the idea that "five bucks Jim has is five bucks I don't have". If I license my rights to Netflix, that means that whatever they're paying me is less than what they're taking in, and therefore I'm leaving money on the table; if I open up my own Netflix and reap the subscriber fees myself, I could theoretically get more money. This is being buffered slightly by the fact that piracy is a pain on anything less than a full computer, and a lot of people have moved to smart devices, phones, tablets, etc. for media consumption. EDIT: The last line is speculation, I'm willing to be proven wrong.
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Nov 27, 2022 00:23
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piracy has become so easy that people literally post their poo poo for direct download on archive.org, and these are frequently top-listed google results
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Nov 27, 2022 00:34
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dr_rat posted:Their trying to get to where Netflix is. They had $24.9 billion revenue and $5.1 billion in profit in 2021. You forgot the subscription price is per month not per year 
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Nov 27, 2022 00:47
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evilweasel posted:You forgot the subscription price is per month not per year
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Nov 27, 2022 00:57
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I found this tweet in my old screenshot folder. It was comedy then, but it's on another level now.
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Nov 27, 2022 02:02
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