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Global Marketing Localization VP / Founder of Embodied Spirit Yoga (embodiedspirityoga.com)

The current state of streaming, in a nutshell: “There was a peace in the valley for a period of time. Now, it’s quite chaotic.” That’s what media mogul John Malone told NYT when asked about video-streaming upending cable TV. It’s an interesting time for this industry, with Netflix and Prime Video leading the way. However, other players, some of which are household global brands, aren’t experiencing as much success. Disney lost $2.6B with its Hulu & ESPN+ bundled services Comcast lost $2.7B on Peacock. Discovery is paying down $43B in debt.  Paramount lost $1.6B on its service. As a result of last year’s writers’ and actors’ strikes, the first quarter of 2024 saw television production fall 16.2% and local on-location filming fall 7.7%. So, what’s next for the streaming service industry? We’ll almost certainly see more bundles. Who’s going to team up? It seems like sports is the last remaining mainstay of linear television, with a fan base that expects quick, easy, and (mostly) free access. We’ve seen some SVOD flirting in recent years, but is the public ready for something that seismic of a shift? This is certainly one of the fastest-moving landscapes in both our professional and personal worlds, maybe only second to AI. If you're interested in exploring the full NYT article referenced above, check out the comments for a link.

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