Last week, it was Netflix slowing its “growth” in subscribers as NBC and others yanked hit shows off the streaming service. Direct TV Tuesday said that it lost 168,000 subscribers.
Now HBO reports “lower domestic linear subscribers” for its second quarter, “partially offset by higher digital and international growth.”
Add that to the slack box office this year and the Hollywood entertainment content delivery business is looking pretty grim. Audience splintering into a la carte atoms? Movies too narrow in appeal are dominating release slates? “Must binge/stream TV” lacking fresh titles to lure us in?
Or are broke people bailing out of costly entertainment options?
https://t.co/2bCjNHtwiu https://t.co/lObzwHFOc3 https://twitter.com/THR/status/1153986211226234880?s=17
This is interesting. So many are moving to subscription streaming models but I really think they run the risk of smothering themselves out. Netflix, Disney+, Hulu, CBS, HBO, Starz, Amazon Prime, NBC/Universal, Criterion, etc. There are just too many for most people to subscribe to.