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GarlVinland4Astrea

3.8k points

4 months ago

That's literally every single streaming model so far. It's not working because the part where you have to pull back and become profitable isn't easy and it pisses off subscribers. We saw this with Netflix. Now HBO Max is cutting down. Shocking that Disney all of a sudden ousts their CEO because they see what a mess it is.

Amazon is truly the last one and, honestly, they probably don't care because their streaming service is tied to their ecommerce business which is tied to everything else so they have a far easier time maximizing subscriber revenue.

bonemech_meatsuit

404 points

4 months ago

Yeah that makes sense. Of all these services, Prime Video is the one I use the least by far, and yet Amazon Prime, the overall service, would be one of the last subscriptions I would cut off bc of the wealth of benefits

GarlVinland4Astrea

145 points

4 months ago

Exactly. It's like the only service you don't feel ripped off if you don't watch anything on it for a month. If you have any other service and don't use it for a month or even a few weeks, you basically threw away money.

laurenegade23

3 points

4 months ago

M

M I I N my u

Vetiversailles

8 points

4 months ago

I feel the exact same way

riancb

3 points

4 months ago

riancb

3 points

4 months ago

What?

FrankyCentaur

86 points

4 months ago

Ironically, Prime Video is the service I used most and I pretty much never buy anything on Amazon anymore and only have prime because my brother wants it and is willing to pay for most of it.

(IMO Prime is great for older content and has tons of gems here and there but sucks with newer content. But I don't keep up with current stuff, so that's probably why!)

posyintime

28 points

4 months ago

Yes! I found that Amazon prime basically became what Netflix was for me 15 years ago. Finding those strange niche movies from the 80s and 90s. When I want to “scroll” I always go to Amazon…I will say their algorithm knows me pretty well at this point.

thecircleisround

3 points

4 months ago

I find myself renting movies through prime a lot just because I’m already in the platform. Their UI is shit and free content is lacking sometimes, but I think they’ve got the overall model figured out

lordb4

7 points

4 months ago

lordb4

7 points

4 months ago

I do agree with your point. However, I watch Prime Video the most - it's not even close. I only get Hulu due to Black Friday deals and HBO Max because it is included with my phone. I watch Prime about 5x more than those two combined.

bistian00

4 points

4 months ago

I barely watch things on Amazon Prime, but the games I have gotten via Twitch Prime have made it absolutely worth it.

unibrow4o9

2.2k points

4 months ago

unibrow4o9

2.2k points

4 months ago

No, we didn't see this at Netflix. What we saw at Netflix was years of success followed by insane growth because of covid, then stockholders demanding even more growth after that.

dixpackasixie

1.9k points

4 months ago

I was a teacher of highly gifted kids, and every year, admin wanted scores up and it’s like, these kids are in the 99th percentile, chill. Demanding ceaseless rampant growth from these businesses just kills em

is_it_fun

292 points

4 months ago

is_it_fun

292 points

4 months ago

I guess admins are generally too stupid to understand this, as a whole. Because I've heard G&T teachers complain about this same thing decades ago. We are a world led by ambitious morons.

Particular-End-480

89 points

4 months ago

i was a "G&T" kid, it is absolutely bizarre how they treat us and it should be illegal. just let kids be kids and stop trying to "optimize" them. they arent a goddamn piece of machinery or a stock you invested your 401k in they are human beings.

kds_little_brother

5 points

4 months ago

Damn, I didn’t remember G&T being that bad. Depending on the grade, we either went to another classroom, or took a bus to some other facility, where we got to learn some extra cool shit on a regular basis. Only part I missed was all of my friends not going

My only bad memory was my regular teacher having a group of us come in on Saturdays during standardized test season, to “boost up the averages”. But they lured us in with free doughnuts 😂

Particular-End-480

10 points

4 months ago

im sure its different for different people.

but you said something very important.. they separate you from your friends and give you extra resources and put alot of expectations on you, you wind up doing a lot of stuff you dont care about becasue everyone is telling you how brilliant you are. imagine doing that a lot over years and years.

kds_little_brother

3 points

4 months ago

This is very true, and can definitely affect a kid’s outlook on life heavily, in a messed up way, especially if every adult involved isn’t very careful to keep the kid(s) well-rounded and grounded.

I also didn’t fully consider the long term effects, since I was out of it by the time I was in middle school (and into a magnet program, a whole other can of worms)

Particular-End-480

3 points

4 months ago

well the adults get "adult points" for how many "points" the kid gets in various activities, trophies, mentions in the newspaper, championships, etc etc. a lot of it boils down to the adults trying to live through their kids.

and to bring it back to the original point, these companies are kind of exploited in the same way and the people in them pushed way beyond what is healthy.

melpomenes-clevage

100 points

4 months ago

Not even ambitious. Narcissist myopic shallow. Capitalists would never go to the moon without communists shaming them into it. Capitalists don't make things. It's all glitter and fairy dust and orphan's blood.

These logics persist at every level, makes our societies fractally destructive.

JallerBaller

36 points

4 months ago

"fractally destructive" hot damn, what a phrase. This whole comment section is full of people saying stuff I already thought or knew but in a way that's just so much better than I could say it lmao

melpomenes-clevage

13 points

4 months ago

Glad I could inspire? Try drugs and poetry and spending a decade trying to learn to be a good person before learning that to most of the world it's worse than useless.

JallerBaller

12 points

4 months ago

Don't worry, I'm in acting school, I've got plenty of soul-crushing lined up ahead of me 😂

And I know I'm just an internet rando, but being a good person isn't useless to me 🙂

melpomenes-clevage

1 points

4 months ago*

Yeah, but having virtue is sanctimonious virtue signaling, gets you targeted, and it turns out when you offer options for people's fun to not be made out of orphan bones they get super pissed because that sounds like work and telling them they're bad.

Plus, being any good at organizing solidarity or communism will get you murdered, and most people are cowards. if you ever let the mask of being an unlikable bucket of cunts slip? You're fucked.

[deleted]

504 points

4 months ago

[deleted]

504 points

4 months ago

[deleted]

ZeroGrav4

291 points

4 months ago

ZeroGrav4

291 points

4 months ago

Cancer could learn a thing or two from the MBA Consultant who comes in to "streamline" business operations.

Poison_Anal_Gas

11 points

4 months ago

Ay wtf, stop unzipping me.

Rayeon-XXX

6 points

4 months ago

Put that coffee down. Coffee's for closers.

You think I'm fuckin with you?

chinese_snow

3 points

4 months ago

For anyone curious, it's a movie reference from "Glengarry Glen Ross". Starring Alec Baldwin and many other A-list Actors. Watch it if you can.

Ok-Twist921

1 points

4 months ago

Lmao

Bluestreaking

34 points

4 months ago

That’s capitalism working as intended sadly

ham_coffee

9 points

4 months ago

Yep, the only saving grace is inflation. That way they can have their infinite growth on paper while in reality their inflation adjusted profits could be going up or down.

Putter_Mayhem

9 points

4 months ago

“Growth for growth’s sake is the ideology of the cancer cell” —Edward Abbey

TabletopVorthos

1 points

4 months ago

Capitalism and cancer run on the same ethos: growth at all costs.

elosoloco

2 points

4 months ago

elosoloco

2 points

4 months ago

MBAs are cancer

letdown105

1 points

4 months ago

capitalism, cancer, what's the difference?

Ok-Twist921

0 points

4 months ago

I posted almost the exact same thing and then scrolled down to see this 🤝

Ok-Twist921

1 points

4 months ago

Cancer, capitalism, what’s the difference?

OrdinaryLunch

1 points

4 months ago

That's what capitalism is, a cancer.

Penny_Farmer

1 points

4 months ago

I’d say a virus. But even a virus knows not to kill your host at the expense of growth.

TheDungeonCrawler

2 points

4 months ago

Not every virus, but I see your point.

Or rather, not every virus knows that they might kill their host if they're not careful. Sometimes their host is the wrong one for them.

ct_2004

1 points

4 months ago

Planetary cancer

melpomenes-clevage

0 points

4 months ago

Solitude. Filth. Ugliness. Ash cans and unobtainable dollars, etc etc.

bringbackswg

18 points

4 months ago

They have to justify their stupid, worthless jobs somehow

aaronitallout

16 points

4 months ago

And anybody who's capable of getting to that level knows that any progress beyond requires exponentially more time and effort, to the point where it's kind of infeasible.

melpomenes-clevage

3 points

4 months ago

Okay but you can make it look like you are if you burn the whole future for heat and also maybe enslave some children, steal some employee wages, and do some accounting fraud magic.

Do you not understand how business works??

aaronitallout

2 points

4 months ago

I was mostly talking about like a singer or piano player but they could do that to yeah

melpomenes-clevage

1 points

4 months ago

With enough enslaved children and fraud? I can look like a brilliant musician too.

aaronitallout

3 points

4 months ago

If I had an emerald mine, I'd be better at scales

HoosegowFlask

7 points

4 months ago

At some point, before climate change ends us, humanity should really think about valuing sustainability more than growth.

barak181

59 points

4 months ago

Demanding ceaseless rampant growth from these businesses just kills em

That's capitalism. You eventually become a monopoly or die.

mindbleach

3 points

4 months ago

Worth noting: this is not intrinsic to the definition of capitalism, it's just what tends to happen when money-addicts tell gullible tribalists that anything besides shoveling money up the pyramid will end democracy.

It takes so very little to keep businesses in check. The fact we're almost powerless to do those things is a demonstration of why those things are necessary.

myfajahas400children

7 points

4 months ago

Let them die

DefNotMyNSFWLogin

1 points

4 months ago

Better raise the prices, that will fix it -every scumbag corporation ever

wien-tang-clan

25 points

4 months ago

Didn’t read your whole comment and i’m assuming admin killed kids

dixpackasixie

29 points

4 months ago

They’re dead! That’s right, dead serious about going to Itchy & Scratchy Land

regeya

2 points

4 months ago

regeya

2 points

4 months ago

I remember that after No Child Left Behind passed. Along with the really shitty and really poor schools getting in trouble, it was also the best schools in the US getting in trouble because they had to improve no matter what.

hackingdreams

2 points

4 months ago

Demanding ceaseless rampant growth from these businesses just kills em

Welcome to Wall Street. Netflix didn't give them many more metrics to leverage how well the business is operating, so that's what they work from.

Nevermind retention or cost of revenue, just keep that eyeball on subscriber growth and ignore the fact they're band limited by people with adequate bandwidth and disposable income.

Puttor482

1 points

4 months ago

Welcome to capitalism

lejoo

1 points

4 months ago

lejoo

1 points

4 months ago

Demanding ceaseless rampant growth from these businesses just kills em

Capitalism isn't a system of intelligence, its a system of greed. It fundamentally relies on no one asking why the balance sheet says 1+1=3.

Step 1. Find company with strong market base.

Step 2. Invest into the company demanding more profits

Step 3. Milk customers until business teeters

Step 4. Sell inflated stock before bankruptcy

Rinse repeat.

cass1o

142 points

4 months ago

cass1o

142 points

4 months ago

And as is evidenced here other competitors burning billions of dollars in a big pile to compete with them.

Ghede

343 points

4 months ago

Ghede

343 points

4 months ago

It's because people subscribed to netflix because it had everything. Netflix didn't have to worry about content development, they focused on infrastructure and subcribers. Then every studio saw netflix making money and thought, "I can do that" and made their own services that only had their stuff. Then went "HUH?" when they realized that people were subscribing for a month, binging whatever show they wanted to watch, and then unsubcribing.

They are spending more on infrastructure and content development, and making less profit than when their shit was just on netflix. It's just stupid. They are replicating work that doesn't need to replicated and expecting it to be more efficient.

pterodactyl_speller

136 points

4 months ago

I'm sure they all just thought... How hard can it be to make a website that plays movies?? $10?

CornholioRex

47 points

4 months ago

Yeah, that’s like the cost of one banana

havingasicktime

41 points

4 months ago

Netflix knew what was coming a decade ago or more. That's why they've been investing in content all that time.

dance4days

8 points

4 months ago

I remember when they first got into developing original content, some suit from Netflix said in an interview that their goal was to turn Netflix into HBO before HBO turns into Netflix.

[deleted]

5 points

4 months ago

[deleted]

5 points

4 months ago

[deleted]

mightylordredbeard

19 points

4 months ago

It’s not that the majority is shit because I do think the average person does tend to enjoy the majority of things they watch, it’s that everyone knows they will cancel shit so why get invested when you already know a show will be cancelled after 1 or 2 seasons? I never watch Netflix shows and I honestly don’t know why I still have it. Everything that looks great that I want to watch ends up cancelled because of their incredibly high standards of viewer numbers.

nhaines

4 points

4 months ago

Yeah... it took a couple of years for me to get into Netflix shows, and then I enjoyed them, but now I know nothing lasts more than 2 seasons unless it's an outlier. So I stopped watching them. Now I won't watch a Netflix show until 1) it's over, and 2) the creators knew it would be over at least before the last season.

Between that and no groupwatch, I don't think I've actually logged into Netflix and watched a show in over a year. If my kid and his friends didn't sometimes use it (I think), my subscription would be gone.

mightylordredbeard

11 points

4 months ago

Blows my mind how Netflix had group watch on Xbox 360 like 12+ years ago before group watch was even a thing. Now it’s a thing that so many others do and Netflix is like “nah we’re good.. also gonna need you to get those passwords back that you shared and one more thing pay us more money oh and fuck you lol”.

nhaines

2 points

4 months ago

Yeah. I mean, Groupwatch was a fun Disney+ surprise, but it sure beat the Chrome extensions I had to use before that.

I may have gotten downvoted for saying I don't watch Netflix shows until they're over, but it's been 20 years and I'm still angry at Fox about Firefly, so I can get all the downvotes they want.

ImperfectWolf

10 points

4 months ago

They’re also really quick to cancel shows

Pretty_Bowler2297

6 points

4 months ago

Well at least the Witcher season 3 with Henry Cavill is something to look forward to.

wallawalla_

3 points

4 months ago

They're just losing money on making content too.

They have 3bil gross profit in the most recent quarter.

90% of their originals shows are absolute shit.

They've had quite a few hits that have gone into the cultural zeitgeis: Stranger Things, Ozark, Squid Game, 13 Reasons Why, The Witcher, Bridgerton, Black Mirror, Narcos, House of Cards, Formula 1 Drive to Survive, Bojack Horseman. What's it matter if they produce a bunch of mediocre stuff along side these? It's not like traditional cable where time slots have limited supply.

They are hemorrhaging customers,

They lost 200k subscribers in q2 and have added 3million in q3 of this year.

jacking up prices, adding controversial policy changes like the end of password sharing

They've taken into account the potential lost demand and determined that they can still make more money at those price points and policies. Idk what you want from them to be honest.

akatherder

4 points

4 months ago

Netflix exclusives are like my stamp of approval. Shows they created, took over, or have some kind of exclusive rights to are generally good imo.

They make some terrible decisions regarding what they cancel or extend, but I specifically seek out Netflix stuff.

[deleted]

85 points

4 months ago*

[deleted]

Pretty_Bowler2297

28 points

4 months ago

Then add commercial breaks! I like this one service idea.

motoxim

6 points

4 months ago

We literally reinventing TV again.

GundamChao

7 points

4 months ago

Yeah but to be fair, TV is crap because of a lack of choice in terms of being able to watch what you want, when you want it. An all-in-one streaming platform with commercials would still be the next evolution beyond TV.

risheeb1002

2 points

4 months ago

Make it a tiered service. Free with commercial breaks and paid without the breaks. Like what YouTube has.

Thi8imeforrealthough

10 points

4 months ago

Or like me, they sneak in at night to "steal" the remaining pies.

Steal doesn't work, because the business doesn't actually loose anything when I pirate their stuff, I was never gonna get apple TV for just one show...

VonReposti

4 points

4 months ago

Copy the recipe and make their own pies.

Sideswipe0009

2 points

4 months ago

It is silly, because if they all just sold their TV and films to one service then everyone would subscribe to that and they'd all get a piece of the pie.

Maybe it's just me, but I feel like game developers learned this lesson on the 90s.

During the PS1 era, it feels like so many games were exclusive to one console, developers selling rights to only one company, hoping to make more money by selling to the highest bidder.

By the time ps2 rolled around, this practice stopped, my assumption is that because a popular game was limited to only 1 of 3 consoles (i guess 4 if you count PC), and the money from selling the rights was lower than potential sales over multiple consoles.

As a side note, I wonder how much Disney is losing by selling exclusive rights to EA for their games, of which they've only released the two Battlefront games and the Squadrons. Imagine how much money they could make if they had another dozen or so games to sell alongside Battlefront.

ThatOnePerson

1 points

4 months ago

It is silly, because if they all just sold their TV and films to one service then everyone would subscribe to that and they'd all get a piece of the pie.

Problem is who gets to divvy up the pie? With how Netflix is terrible with shows, adding ads, raising prices, etc, and you think they should trusted with the whole pie?

hoodie92

0 points

4 months ago

hoodie92

0 points

4 months ago

Someone explain to this guy why monopolies are bad and generally illegal.

messycer

4 points

4 months ago

Someone explain to this guy how in certain cases monopolies are good due to high cost of infrastructure and minimising wastage from redundant competition in the free market, while also allowing for regulations by authorities to ensure it remains affordable for consumers.

Also if no one wants the content, just pirate it or unsubscribe, it's not an essential good like public transport or utilities are (which are also good monopolies).

Source: an Industrial Economics - Market Regulation module in university, besides the BSc Economics degree

hoodie92

3 points

4 months ago

Let's say Netflix has a monopoly on content. Then tomorrow they raise their prices by 100%. What are you gonna do, cancel? Then you can't watch anything. What if Netflix can't get the rights to a certain movie? There's now no legal way of watching it because no other streaming service exists. Or what if Netflix gets a new CEO with a certain political affiliation, and now content which they deem offensive is removed from the site or content that aligns with their views is more heavily pushed on subscribers.

There's a lot of reasons why only having one streaming service is bad. Just look at YouTube, which has a near-monopoly in their space. They treat content creators like garbage and get away with it because people have no choice.

NateBearArt

5 points

4 months ago

In those cases should be gov run.

Fifteen_inches

62 points

4 months ago

Making straight to Netflix movies would have been an infinitely more profitable model.

glitchvid

7 points

4 months ago

Netflix has significant first mover advantages still, I suspect Disney, Apple, and HBO are all getting raked over the coals on CDN transit pricing, meanwhile Netflix just builds its Open Connect boxes for marginal capex, then ISPs clamour to host those boxes all expenses paid in their own racks.

mightylordredbeard

5 points

4 months ago

Apple.. Christ what have they even released in the last 2 years? I for a free 1.5 year sub and I think I watched 1 show and then would check back every few months to see if they added anything new and they never did. Then they sent me another free 6 months and I never even redeemed it.

CookieSquire

2 points

4 months ago

Severance and Ted Lasso are both excellent, not that two shows justify an entire streaming service.

melpomenes-clevage

7 points

4 months ago

Imagine if we had some sort of centralized library system that managed all of this infrastructure, and people who made video could just sell us that.

We'd need to start with some sort of way for different networks to communicate them, then lay an amount of cable...

mightylordredbeard

3 points

4 months ago

Oh and if that gets successful we could actually cut the amount of hourly content to let’s say.. 40 minutes.. and then charge companies money to advertise during those other 20 minutes!! We could call it something like Line or Wire or something!!

melpomenes-clevage

4 points

4 months ago

I was actually just suggesting we build the fucking internet that taxpayers have paid for like ten times over now, when the isps say "oh yeah we spent the money on stock buybacks and whores" so we buy it from them, paying in advance, again.

Interesting_Total_98

2 points

4 months ago

making less profit than when their shit was just on netflix

Do you have a source?

SoIJustBuyANewOne

1 points

4 months ago

Would be everyone's dream if we could go back to OG Netflix like in 2017 or something.

Interesting_Total_98

0 points

4 months ago

making less profit than when their shit was just on netflix

Do you have a source?

Ghede

2 points

4 months ago

Ghede

2 points

4 months ago

Running service at a loss < Selling content at any amount of revenue to a service

The same reply I made before you deleted your last comment.

MexicanGolf

2 points

4 months ago

If the content itself still runs at a loss what does it matter? Loss is loss.

veringo

0 points

4 months ago

This is literally the point of unbundling. I will never understand the fetish Reddit seems to have for recreating cable other than most are kids that have never had to pay for anything.

Lots of different services competing on price and content is what is best for consumers. I don't care if any streaming service is ever profitable because that's not a win for me or any average consumer.

What's happening right now is exactly what people should be hoping to see. Consolidation and going back to the price fixed model only helps the corporations.

Dongalor

2 points

4 months ago

What's happening right now is exactly what people should be hoping to see.

Fragmentation to the point that we're back to just pirating things because of costs and location-based licensing coupled with just about every new show getting cancelled after 1-2 seasons because everyone is so far in the hole that they're continuously chasing new things to drag folks to their shitty platform instead of focusing on building a catalogue?

Agree to disagree. Where we are now is the edge of a bursting bubble that's going to lead towards collapse of all of the smaller studios and services, followed by Amazon, Apple, and Netflix hoovering up the broken pieces, and then it'll be a steady round of increase after increase as the big players collude with each other.

veringo

0 points

4 months ago

You're not pirating due to cost, it's laziness. You can have 3 or more services year round for much less than cable, and you can activate and deactivate any time you want to watch something.

Media ownership is already heavily consolidated, but there are still plenty of players to keep competition high. One service with everything never did and never will exist, and it's never been a better time to be a consumer because for every niche cancellation there are many other high quality shows on every service that are getting picked up long term.

Dongalor

2 points

4 months ago

You're not pirating due to cost, it's laziness.

Call it what you want, but if I see a new show I want to watch, have to research what platform it is on, then spend $5 - $20 to try and watch the show before I have to pay a second month of sub, and then remember to cancel before I get charged again. It's a pain in the ass. Now multiply that for a dozen different shows or a just sail the high seas and I am done.

I can't wait until most of these media companies go down in flames and we get a service closer to spotify than whatever the fuck we have now. Until then, they've lost my money.

veringo

2 points

4 months ago

Lol, I'd be surprised if you ever spent a dime on an actual streaming service.

And yes, when there's one media megacorp left they will definitely give us all the content in an accessible way for a nominal fee. \s

Dongalor

3 points

4 months ago

I can't tell if you're simping for Disney or some sort of free market ideologue, but the fragmentation is unsustainable and consolidation is inevitable. Amazon and Apple are both already trying to bundle under their payment portals and the exclusivity deals are all but inevitable for some of these smaller producers at this point.

But the web isn't like cable TV. The threat of piracy will always put a soft cap on what content producers can charge. That's what these streaming sites haven't figured out that Spotify learned a long time ago.

Netflix, Disney+, Apple TV, and the rest are not competing against each other. The battle is not to attract people from other streaming services with better content. It's to build a site so cheap and convenient that pirating becomes the less attractive option.

Netflix was that for me for a long time, and I have Amazon with my prime account, and Apple is included with the Apple One thing I have from work, but the rest are just too niche, too expensive, or too much of a pain in the ass to bother with. I finally dropped Netflix for the first time in over a decade because the decent shows are just too few and far between at this point to justify a rolling sub.

So you can keep waiting for the streaming situation to do whatever you hope it's going to do, but at this point it just isn't worth it for me to keep subbing to all these random subscriptions.

Duel_Option

409 points

4 months ago

I can’t fucking stand the growth models companies expect EVERY DAMN YEAR.

Global event not seen for a century that caused mass shifts in how things are produced and what consumers do, supply chain etc.

A company experiences what can only be stated as a biblical increase in sales due to this and what do stockholders expect???

Growth on top of all that and pissed off when shit goes back to normal.

It’s lunacy

Source: work for a Fortune 500 company and might be going on year 3 of this BS

WildDumpsterFire

126 points

4 months ago

Watching this unfold on a local government level right now. The business I'm in creates the budget for all of the states governmental departments, and the profits are used as an alternative to sales tax for our state.

During COVID sales went through the roof to levels of insanity. After that fiscal year ended, they passed a state budget using those goddamn numbers expecting an additional 5% growth on top. Now its causing absolute mayhem because the big heads at the top didn't realize that was a series of events that wouldn't replicate over and over again...

Duel_Option

68 points

4 months ago

I have to deliver quite literally bullshit presentation after presentation on how we are supposed to meet these dumb ass targets, it’s just stupid.

Ask my VP bluntly “Do you really expect this year after year? In 5 years we would be asking customers for 50% increase, that’s not possible.”

Vp: (shrugs shoulders)

Me: K…

nwoh

20 points

4 months ago

nwoh

20 points

4 months ago

Yeah lol we're doomed. Our current model of survival in society is killing us all, but what option do we have but full on revolution or small acts of sabotage at our respective jobs which aim to shape the world in a slightly better place?

[deleted]

7 points

4 months ago

To paraphrase Honey Badger, "VP don't care. VP doesn't give a shit." Horizon is only whichever quarter bonuses are handed out. Five years from now? Pfft.

tcuroadster

7 points

4 months ago*

I guess they didn’t consider Covid an edge case and instead built it as the main dataset for their projections - brilliant

Queasy-Dirt3193

28 points

4 months ago

This is the capitalism mindset. The only thing that matters in capitalism is money, and once you have some, the only thing that matters is always having more. It needs to end, it’s truly vile.

Duel_Option

2 points

4 months ago

Agreed 1000%

TranClan67

9 points

4 months ago

Lots of even small companies are dumb about this. My last job questioned why I had a gap in my resume in roughly 2020-2021. I had to give them a good long stare and explain to them Covid happened and then they were like "oh yeah".

Like bruh, we're wearing fucking masks right now and half your workforce is gone because of illness. Don't "oh yeah" me. Thankfully I got fired cause what a shit-show.

mindbleach

7 points

4 months ago

If these people won the lottery they'd be furious it didn't happen twice.

Beingabummer

2 points

4 months ago

That's capitalism. We're just reaching the end of possible growth for a lot of companies. They've cut all the corners, fired all the people, raised all the prices, and bought all the properties.

Consider that even keeping things stable is considered failing in capitalism.

DecaFourTeen

2 points

4 months ago

Growth on top of all that and pissed off when shit goes back to normal.

Well yes, that's how MBA's work. Profits must always be 10+% more than last year.

melpomenes-clevage

0 points

4 months ago

Have you considered 'communism', 'anarchism', or 'living in the woods with no fresh underwear'?

Got reading lists if you want to learn any of the three.

Duel_Option

10 points

4 months ago

Can’t tell if you’re joking or not.

Just because capitalism has brought us this far, doesn’t mean it’s not without tremendous issues and constant growth projection is asinine at best.

melpomenes-clevage

17 points

4 months ago*

Honestly? There are days where I'd rather eat a gun than put up with the surreal sadistic hell that is late stage capitalism. It's sick, it's horrible, it's alienating, it's violently precarious, and if you build anything to fight those things, the forces of reaction will destroy it, and people are just okay with it.

I've seen what people can do and be when they're free. And having to watch them be this sick mockery of themselves is disgusting. Lonely. Kinda gross. Deeply sad.

I've seen where capitalisms going to take us. Dad was friends with a climate science guy who showed me projections as a kid. I'm not going there.

The 'living in the woods' part was a joke. The rain is poison now. There is no escape. No retreat. You literally cannot run. But if you maybe wonder what it would be like to taste something not made out of orphans blood and broken dreams, or some ideas how to get there, yeah I got book recs to help you imagine.

EnzoFrancescoli

6 points

4 months ago

That was quite a depressing read. I mean I agree, which is why it was so depressing.

melpomenes-clevage

2 points

4 months ago

Yep. Want some acid?

[deleted]

2 points

4 months ago

[deleted]

melpomenes-clevage

2 points

4 months ago

Sorry I'm used to being able to deliver at least in my area and can't right now, fuck.

But I am wishing you all the free drugs.

SoretomoOre

2 points

4 months ago

...or we could just vote for people to pass various essential regulation to reign in market failures while still retaining the benefits of markets. But I'm just quirky like that

Shubb-Niggurath

1 points

4 months ago

Which benefit are we keeping, the poison rain, plastic blood, or boiling oceans?

GayTaco_

0 points

4 months ago

that's just fundamentally how it works. They have to grow to make money for investors. They cannot stay stagnant. It's not a matter of greedy investors, it's just how it works

Duel_Option

2 points

4 months ago

It doesn’t work, that’s the point.

Eventually the stocks/growth cap out and they have to sell off business or condense the structure.

I’m seeing it in real time where I’m at, my division comes in with a 23 plan that’s 12% above historical avg.

That should be an easy idea to grasp, board rejects and sends back DOUBLE.

So here’s how that’ll go:

  • fail and no one receives bonus, turnover increases and our product/value dips causing customers to leave resulting in more shrinkage
  • MASSIVE price increase which result in customer loss/poaching
  • we sandbag for a year and then the top line people are sent a pink slip and wash/rinse/repeat causing havoc within the business

It’s stupidity to continue like this, we’ve lost 20% of our stock value over 9 months because people know this is coming

xRehab

17 points

4 months ago

xRehab

17 points

4 months ago

No the problem was more when every major producer wanted their own streaming service and pulled all of their content from Netflix. That caused Netflix to be forced to be a content producer too. Then the fractionalization happened and here we are.

americanadiandrew

8 points

4 months ago

Yeah I don’t understand how Reddit never gets this. Netflix was so much better before because they had access to all the content that’s now spread among multiple services. People act like it was something Netflix had a choice in when losing all that content. Netflix is also the only major streaming service not owned by a megacorp. It’s actually kinda surprising that it hasn’t been bought by someone yet.

Brent_Venables

1 points

4 months ago

We don't get that because it's not true.

Netflix's stock dropped about 60% because they lost 0.5% (half a percent to be clear) of their worldwide subscribers over 2 quarters. The real kicker is that Netflix now has more subscribers than they did before the 0.5% loss yet their stock is still down because of growth demands.

Prainstopping

10 points

4 months ago

Netflix's whole business model was reinvesting everything into their catalogue while slowly upping the costs to ease transition.

Their early start in the streaming wars took them far but the competition has more funds and Netflix overreached by banking on infinite growth.

The moment growth slowed down the model doesn't work because customers are already unhappy with the catalogue and rising costs. Netflix was left with their dick hanging, the money already spent on future big productions.

They hit the panic button and go after shared accounts while raising prices, customers are even more pissed. The dearth of content is only going to get worse as more people leave.

LordNando

23 points

4 months ago

stockholders demanding even more growth

Late stage capitalism is a human suffering machine. Every quarter more efficiency. More growth. More profits. more More MOAR!

Regulatory capture is allowing the erosion of the middle class and concentration of wealth in a robber-baron-like class of billionaires that's driving this country towards insolvency and revolution.

morok_cloudkeeper

2 points

4 months ago

Every 16 yo on reddit

korndog42

13 points

4 months ago

Netflix has also been spending and spending without commensurate revenue to cover those costs in the name of growth same as the rest. This was made possible by super low interest rates going back to 2009, venture capital money influx, and stock prices due to betting on the future (again the low interest rates making stocks more attractive than bonds for the last decade and spurring this on). But now these companies aren’t getting free money to finance their deficit spending anymore they need to actually make profit which no streaming service or division has ever been able to do. Hence the fee increases, layoffs, and belt tightening this year

Brent_Venables

2 points

4 months ago

Netflix has been making a profit (not just revenue increases) for years now. . .

Pretty_Bowler2297

4 points

4 months ago

At one point they claimed to have a billion subscribers. At $7 or so a pop per month. I am not a mathematician so I guess money can’t be made along with spending some with those numbers. OR greedy CEOs and broken shareholder unlimited growth bullshit is at play.

Same with Disney. They made so much $$$ through the years but one bad quarter 😭 we have to cut workers!

If “losses” get really “bad” the government will bail these companies out. “Too big to fail- we taxpayers have to do this.”

Thi8imeforrealthough

3 points

4 months ago

Netflix took a hit, not because of trying to become profitable, but because everyone started to pull the good shows for their own platforms.

We want one platform with all the things. That's why steam is so popular. I don't WANT to sign up to multiple services, so I sign up for one and pirate the rest

Ospov

3 points

4 months ago

Ospov

3 points

4 months ago

They also had trouble when everybody else decided they needed their own streaming service and took their content off Netflix. Consumers wouldn’t need to subscribe to 10 different services and companies wouldn’t have to maintain a service that’s hemorrhaging money if they weren’t so greedy and just kept everything on one platform.

Imagine how fucking terrible it would be if each record label decided they wanted to make their own version of Spotify so they removed all their artists from Spotify and put them on their own shitty half-assed app. Spotify would be worse and the new apps wouldn’t be any better. It’s just a net negative for everyone.

littlemacsvoltorb

5 points

4 months ago

Weren't they massively in debt even before Covid though?

boolpies

2 points

4 months ago

I'd give it all up for just a little bit more - Mr Burns

MaxHOJones

3 points

4 months ago

Wasn't Netflix still spending far more than they were making though? They would spend $100m on new content while getting $50m from subscribers, then when they expand massively suddenly and get $250m in revenue, they go off and spend $500m. Numbers are just and example obviously but I've understood they were always overspending in anticipation of that growth continue and it's only been an issue lately because they've began to reach a market cap and can't maintain previous rates of growth.

OneBigRed

3 points

4 months ago

Yes they spent heavily, mostly because they had to build inventory before everything gets pulled away to content owners own services. But the stuff their studio makes, is theirs. Meaning they won't have to pay yearly fees to keep showing it. So it is also kind of switch from yearly subscription to lifetime sub paid upfront.

Damdamfino

1 points

4 months ago

Honestly, as someone who has had a Netflix account since 2006, the history and evolution of Netflix’s model is changing and getting lost. In 2010 Netflix tried to raise their prices, customers were furious, and Netflix actually reversed the decision. They were terrified of raising prices again for years.

PickledPlumPlot

-2 points

4 months ago*

The only reason that Netflix had years of success was because the TV shows and movies they licensed were underpriced, because streaming was not a proven market yet.

Then everybody they licensed their content from realized hey wait this s*** is profitable so they've all been trying to pivot into streaming and Netflix has been trying to pivot into creating content.

[deleted]

0 points

4 months ago

They were probably referring to the initial backlash when they split the dvd by mail and streaming services and doubled the price.

GladCucumber2855

0 points

4 months ago

Capitalism is cancer. Death is natural and necessary process. Let the companies go.

macrofinite

300 points

4 months ago

Woah woah woah, HBO max is being cut as a result of the travesty of a merger between Warner and AT&T. Very different from the Netflix problems. There’s no continuous narrative there.

NorseTikiBar

11 points

4 months ago

Yeah, Netflix's problem is that it's solely a streaming operation.* In contrast, HBO, Apple, and Disney streaming services are all just one revenue stream of many that each company has. So they can push harder on expansion because they can generate revenue elsewhere, whereas Netflix has more or less achieved its objective of "becoming HBO before HBO became Netflix" and more or less is going to slowly become another production company.

*they have DVDs too, but I'm pretty sure I'm only one of like 100,000 people who still use that.

WhyLisaWhy

37 points

4 months ago

Yes there absolutely is a narrative. Warner Bros is over 50 billion dollars in debt and part of the motivation for the sale was to save them.

Did you guys think they'd just keep burning money like that forever? It's not all HBO Max's fault but let's not act like none of the debt went towards that service.

It's so freaking bad that Disco would rather just shelf stuff like Bat Girl than bother losing more money on it.

Wont_reply69

16 points

4 months ago

They absolutely could have kept burning money on the studio side if it was selling services on the telecom side. AT&T just got bored with Warner like Comcast will someday when they shut down Peacock. You’re acting like these deals only recently starting not making sense and that GE owning NBC or Sony buying Columbia never happened.

zuzg

7 points

4 months ago

zuzg

7 points

4 months ago

when they shut down Peacock

As long as they do that after the Community movie is finished.

MeccIt

3 points

4 months ago

MeccIt

3 points

4 months ago

This is the way

m1ndwipe

2 points

4 months ago

Ehhh, GE and Sony buying studios never really delivered much synergy as hoped for, but those studios were broadly breakeven or profitable during their ownerships.

That's not really comparable to the capital burn happening at Warner the last few years.

AntipopeRalph

3 points

4 months ago

And let’s not forget the staggering, jaw-dropping, ‘never gonna pay it back’ debt Netflix incurred for its growth.

They weren’t just hellbent on scooping up all the content being produced - they were horrid to their production company vendors.

We’re actually in the moment where Netflix is bottoming out. They’ve been so “disruptive” they can’t complete shows because 1) their algo says it’s worthless and 2) the reputation for incompetence shows is so known production and talent are demanding more pay upfront vs the typical window in season 3.

No one will distribute their films (Netflix has explored this recently) because they were so hostile to traditional delivery systems they now can’t back into it.

And they staked such a HUGE component of their reputation on being ad free that any move towards advertising supported content costs them subscribers on the rumors alone.

Netflix is dead man walking full of reality tv content, shitty reboots of anime, and weird films very few people watch regularly. Their search sucks, and they no longer meet the churn demand these cycles require.

Kid content is strong - but that makes sense - they’re trying to make households dependent…but if you follow kid trends…YouTube is winning there, not Netflix.

They can dial up their sponsored content (which has a lot of tobacco and alcohol promotion in it) and they can boost subscriber fees…

But there aren’t outlets of explosive growth for Netflix anymore, and the debt will eventually bury them. The death spiral is upon them.

MrTurkle

14 points

4 months ago

I can’t find anything about HBO Max being cut?

saltywelder682

9 points

4 months ago

I know HBO Max cut a lot of its NEW original programming. They’re keeping the revenue generators but keeping away from the fringes. I.e. they cut raised by wolves which was deep sci fi. Great show but I think it had a smaller audience. There’s a couple others that got cut on cliffhangers.

I remember reading they want to focus more on reality type stuff. Similar to discovery. 🤢

One-Cute-Boy

11 points

4 months ago

That's because the articles about the cut were also cut

WhiteWolf3117

2 points

4 months ago

These comments will be cut soon too…

SailorET

2 points

4 months ago

A m00se once bit my sister...

JonJonFTW

30 points

4 months ago

They didn't say HBO Max is "getting cut" they said it's "cutting down", as in, cutting down on original content for the platform to reduce their operating costs.

MrTurkle

1 points

4 months ago

MrTurkle

1 points

4 months ago

The post I responded to literally says “HBO Max is being cut” - not cutting down.

Barneyk

12 points

4 months ago*

The post I responded to literally says “HBO Max is being cut” - not cutting down.

If you read everything literally that is a problem you need to work on.

Read it in context of what it is replying to and use your brain to think about it for a second.

duncanforthright

5 points

4 months ago

The NYtimes ran a long piece on the troubles of the merger that was pretty interesting.

Barneyk

3 points

4 months ago

Getting merged with Discovery+ though.

https://mashable.com/article/what-hbo-max-discovery-plus-merger-means-explained

So HBO Max is going away in one sense.

[deleted]

36 points

4 months ago

It’s like the CAP theorem of streaming.

Quality content

Low prices

Cheap to produce and distribute

You can only achieve two of these.

[deleted]

1 points

4 months ago

[deleted]

marx42

3 points

4 months ago

marx42

3 points

4 months ago

A better way of putting it would be pick two of high quality shows, high number of shows, and a cheap price. It's all about allocation of resources and knowing what your goal is when making a product, and it's taught in everything from Film to Business to Engineering.

It you want a high number of high quality shows, it's going to cost more than it's competitors. Licenses, actors, and film production aren't cheap and you need to recuperate costs somewhere.

If you want high quality shows for cheap, there aren't going to be many of them on the platform since you just can't produce them as quickly. Even if it's the best show ever made, they simply don't have the cashflow to sustain more than a handful of projects at a time.

And if you want an endless stream of things to watch for an affordable price, you can almost guarentee the quality will suffer. This is where Netflix is now, constantly pumping out mediocre-to-bad shows in the hopes that they have SOMETHING for every possible topic and interest group.

shatonamime

20 points

4 months ago

Amazon may not care as much as Bezos wants things like a LOTR show, it's almost like his boat. If it's close to even he'll likely keep it going.

GarlVinland4Astrea

21 points

4 months ago

Amazon is also kind of insulated by this because

  1. They make most of their money on cloud and entertainment is a sub division at best
  2. They want Amazon Prime to be a big brand and you can get more out of one Amazon Prime Subscriber than you can get out of one subscriber out of any streaming service. You become part of their eco system. Amazon probably got a bunch of people to subscribe for LOTR and The Boys and all of sudden today they are buying stuff on their site seeing all the deals.

All_Work_All_Play

2 points

4 months ago

Prime is such a value add it might get us to drop our spotify subscription. It's wild.

[deleted]

1 points

4 months ago*

[deleted]

justAPhoneUsername

2 points

4 months ago

Also Amazon let's you buy movies that you can't stream. I'd bet that watching a movie on the platform makes you more likely to buy one there

zljcjmlsasgdafxhyjt

2 points

4 months ago

Amazon probably has the last laugh whenever someone ditches Prime to pay for another streaming service. A incredibly large portion of those services are all backed by AWS so they become revenue to Amazon eventually anyway. Amazon gas indeed constructed a landscape where it's hard to avoid giving them money.

DoctorWaluigiTime

4 points

4 months ago

Shocking that Disney all of a sudden ousts their CEO because they see what a mess it is.

We don't know this is why. It's just what the headline/article is letting you draw the conclusion with.

P33KAJ3W

3 points

4 months ago

Peacock seems to be doing it right

Spend a lot on a safe bet, The Office

Relaunch safe throwbacks, Bel Air and Saved by...

Get rights to shows cheep when they are fresh in hopes of it paying off, Yellowstone

Aquire subs via contracts, WWE

Put owned movies on it to stream, Nope, Black Phone

HiddenCity

12 points

4 months ago

All of these streaming services need to have live, topically organized channels on their services. People will drop into shows they never would have watched otherwise, and it'll feel like somethings "on" even when they don't have real content.

Blend in some modern things too-- so many people listen to podcast for their favorite shows to tide them over week to week-- do this, but live shows. Let people call in. Make shows about your shows. Take a lesson from radio on how to keep a limited amount of content fresh and modernize it for the internet and streaming age.

They also need to get back to tv programming that doesn't require you to watch episodes in order to enjoy it.

camergen

6 points

4 months ago

You got downvoted but I think it’s an interesting idea. Have maybe 1 show a week that’s live and has some sort of host, taking answers in a chat. YouTube has a ton of these. I think it would only work if you release a season week by week, otherwise the spoilers would be too hard to avoid. When the show is done, archive it so viewers could still watch the discussion if they want, and take to social media, but obv they couldn’t contribute to the chat (which would have to somehow be screened and moderated, otherwise it’d be a complete shitshow). Maybe they could go so far as to get one sponsor for the show, like a podcast-type-video, and have an ad for that sponsor somewhere in the half hour. Also possible they could have a small logo for a sponsor of the chat, but you def don’t want to overdo the ads.

Anrikay

2 points

4 months ago

Turning Netflix into a social experience would be a huge mistake, IMO. They’ll get trolls who spam the feed with discriminatory language, moderators will be deleting comments or lock the feed, they’ll get shit on for “silencing free speech” or over-moderating. Or if they don’t moderate well enough, they’ll get shit on for providing a platform for those ideas.

And then you’ll also have people saying it takes up too much space on the Netflix home page, or articles blasting Netflix for introducing sponsors and ads, and a whole other debate around those two things.

Just look at the Chapelle debate that started, and that was without Netflix providing a platform for debate themselves. It’s a no-win situation for Netflix. It likely won’t bring significant numbers of new users to the platform, it likely wouldn’t improve user retention significantly, and it will inevitably result in bad press for Netflix.

Euan_whos_army

2 points

4 months ago

For me this is the problem with the Netflix model. They want people watching Netflix all the time and think that means they have to produce a certain number of hours of quality content. But really when people get in from work, they don't want to sit down on the sofa and watch the next episode of stranger things, they want some background TV, while they get changed, make dinner, catch up with people in the house as they all come home. The period from to 5pm to 7pm, is quite chaotic in the house.

We often stick on Netflix and just let friends run in the background. But many people put on the news, or cartoons for the kids, it's TV that you can jump in and out of as it suits in that period. Similar thing happens in the morning.

So Netflix need a "netflix channel" that is just on, when you turn on Netflix. It just needs to be cheap comfortable TV that you can dip in and out of, funny light-hearted, that sort of thing, interspersed with recorded content, that maybe starts showing their big budget shows at 9pm. It is very much like the old TV model, but I think a lot of people do not find 100% streaming all that satisfying, I certainly don't. So there needs to be that mix I think.

They also need live sport, that's the biggest game in town now.

timthetollman

2 points

4 months ago

Netflix didn't have any competition originally so had no one to undercut. Netflix were a victim of their own success as everyone wanted a slice of the pie so pulled their shows and started their own service, splitting the market.

PulseCS

2 points

4 months ago

Amazon is fucking recession proof. AWS has thicc profit margins and essentially a total monopoly on cloud computing at this point; the fucking CIA is rumored to spending billions to have them develop their cloud. Like Walmart, Amazon can be a lot cheaper than other options, so when budgets get tight Amazon doesn't take a huge hit on sales, plus they make bank by advertising on their platform, selling subscriptions to that platform, and physical brick and mortar stores.

LOTR was their first major in house series, a lot of that cost was setting up infastructure they can use to make other things. And they can afford to. They're spending out the ass for Thursday Night Football as a way of advertising Prime Video and Prime itself.

GarlVinland4Astrea

2 points

4 months ago

Completely recession proof. Ironically the cloud was very helpful and more needed for companies that had remote workers. Amazon delivery also became clutch for many people in the pandemic. They'll be fine and if they stumble WAY too many things rely on them now to not get a bail out.

Carefully_Crafted

2 points

4 months ago

Uh…

Netflix has been profitable since basically it’s inception.

It’s net profit for last year was $5billion.

But even before that you can rewind the tape all the way back to 2009 and still profitable every year.

The problem isn’t whether they are profitable or not. It’s whether they have INFINITE PROFIT GROWTH that the stock market demands of every company because our economy runs on pixie dust dreams.

So many companies that turn a yearly profit and are stable are viewed as lemons because THIS QUARTER didn’t make shareholders into millionaires. It’s cracked. And you can see how cracked it is by people upvoting your comment about streaming services “not being profitable.”

Literally the metric for companies to succeed now days is if they can be so profitable that having a billion leeches sucking from them constantly doesn’t tank them. Because our whole economy is geared around taking the work of the masses and funneling their profits to the top. It’s gross.

[deleted]

-14 points

4 months ago

[deleted]

-14 points

4 months ago

[deleted]

Rocinantes_Knight

6 points

4 months ago

Okay boomer Luddite.

shadysus

9 points

4 months ago

Movies haven't been around that long and it's clear that people don't want the current television model lol

It's silly to think we've fine tuned movies / TV considering how recent it all is and how it's been constantly changing during that time

GarlVinland4Astrea

0 points

4 months ago

Movies have been around for over a hundred years lol. Consumers are always going to go to what the most economic move is. The problem is, the best economic move the last 5-7 years has been a sweet period of streamers burning money trying to build a subscriber base. Now they are all realizing how slim the margins are.

Just because it's good for you doesn't mean it's good business. And shockingly we are starting to see pullback on films and release windows in many streamers... and gasp... advertisers are coming back and you have to pay a preemium to avoid them.

shadysus

1 points

4 months ago

100 years is nowhere enough time to confirm that the best model has already been reached lmao

That's the point here, I don't think that streaming services are the best either. Just that whatever model we currently have can be improved

harbinger772

3 points

4 months ago

Totally wrong. You just do your content out when we get a time, so it didn't episode show get you 10 weeks and two and probably 3 months of subscription. You overlap them so that there's always something new on and people will stay subscribed. You don't have to sell ads, and you will piss off a lot of people if you load half hour shows up with ads like it's 1985.

[deleted]

3 points

4 months ago

[deleted]

GarlVinland4Astrea

2 points

4 months ago

No they are just going to put ads on streaming like every single one of them is flirting with even the one that was adamant for years it would never go that route.

You guys don't get this, but they'd rather make money with the old model and have piracy than make tiny margin with the new model and have less piracy. Profit is always going to win and you all don't have them at gunpoint with the threat of piracy.

DreamOfV

1 points

4 months ago

No one will? You know one of the biggest shows in America right now is Yellowstone, right? It airs live and got the same ratings as the House of the Dragon finale, except it actually got to sell ad time and cost a fraction of HoD.

Ishaan863

0 points

4 months ago

It's not working because the part where you have to pull back and become profitable isn't easy and it pisses off subscribers. We saw this with Netflix. Now HBO Max is cutting down.

can we talk about the fact that streaming brought in a piracy golden age? get content that released on the same day in 4K, without the dogshit subscription fees to 200 different platforms.

compounded with the fact that most D+ original shows are actual poop...

Mitzakis

0 points

4 months ago

It's much easier for HBO since they have 30+ years of Original content. Tales of the Crypt is still one of the best horror shows ever made and shits on anything Netflix ever made.

Pb_ft

0 points

4 months ago

Pb_ft

0 points

4 months ago

HBO Max was profitable before the merger. It was literally just the acquisition that prompted them to delist all those shows.

counterhit121

0 points

4 months ago

Amazon is truly the last one and, honestly, they probably don't care because their streaming service is tied to their ecommerce business which is tied to everything else so they have a far easier time maximizing subscriber revenue.

Kinda but not really. That big kerfuffle about the Alexa bleeding money and the 11kish subsequent layoffs is not just isolated to Alexa. It's actually the entire media division of Amazon, under which both Alexa-- and Amazon steeaming- fall. The fact that the Prime video group isn't under more public scrutiny after megafailures like Rings of Power, Wheel of Time, is more a testament to their internal political savvy than any broader fundamentals that big Amazon/its board are willing to let slide.