Streaming Services (business / market / service, not content-focused) in Entertainment Posted May 25, 2021 10 hours ago, Zorral said: More analysis of this corporate foolishness's mess. This one focuses on the long history of outsiders to creative industries' failure when they come charging in. One of the classics some of us here might be old enough to recall is recalled w/in this analysis: https://www.washingtonpost.com/business/2021/05/22/discovery-warner-media-att-spinoff/ Gulf and Western ran their studio "at some remove"? All that stuff I heard about Charlie Bluhdorn must have been wrong then. It's interesting to me that "Covid" never appears once in that article. Imagine you're ATT and you're carrying a lot of debt going into a recession. One of your subsidiaries, Warner Media, is especially hard hit because box office receipts have cratered world-wide due to the pandemic. Further, they are unlikely to fully recover for another year, if ever. In hindsight, you probably launched your streaming service 6 months later than you should have and the roll out wasn't as successful as it could have been. You have the choice of continuing to carry this costly business unit or turn it into the kind of cash that you could really use right now. The $40-odd billion in debt that ATT is erasing with this transaction; how long would it take Warner Media to generate that in after-tax profits in the normal run of things? A decade? More? So what do you do? Maybe it's just that simple. It certainly seems a lot more plausible than a clash of cultures between wall street and main street Hollywood, especially since the corporations have been in there for decades.