this post was submitted on 28 Dec 2023
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It’s “shakeout” time as losses of Netflix rivals top $5 billion | Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.::Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers.

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[–] LazaroFilm@lemmy.world 129 points 10 months ago (4 children)

Streaming platforms should not be allowed to produce content and vice-versa. That’s how it was with movie theaters. Ever wondered why there are no Paramount theater, or MGM theater and so on? Because studios aren’t allowed to own theaters.

[–] AliasWyvernspur@lemmy.world 75 points 10 months ago (1 children)

It's basically the Live Nation/TIcketmaster issue. They sell the tickets to the events at venues they own. Conflict of interest much?

[–] You999@sh.itjust.works 45 points 10 months ago (1 children)

Live nation/ticketmaster is worse than that, if you try to open a venue without giving then a cut in some way they'll blacklist you from the industry.

[–] chitak166@lemmy.world 0 points 10 months ago (1 children)

Blacklist them from the... real estate market?

Lol. How exactly does that work? It's the performers that make venues worth going to, not the venues themselves or the people selling the tickets.

[–] ReallyActuallyFrankenstein@lemmynsfw.com 7 points 10 months ago* (last edited 10 months ago) (1 children)

By creating near-universal exclusive contracts with venues and artists.

Ticketmaster/LN offers venues ticketing access to fans who want to buy tickets. Because there's no real competitor, the venues feel compelled to sign. The contracts have a provision that prohibits the venue from contracting with other ticket sellers.

Ticketmaster/LN offers artists access to venues for a national tour. Because major venues have all contracted exclusively with Ticketmaster/LN, there is effectively no way to tour without participation of venues who exclusively use Ticketmaster/LN. It's a fait accompli at this point, but Ticketmaster/LN also offer artists participation in their bogus fees, meaning artists get some extra money and don't have to take the blame (Ticketmaster/LN takes the blame, and some extra profit). The artists' contracts prohibit working with non-Ticketmaster/LN venues, further locking in the venues.

Venues who do not participate are locked out of artists and fans. Sounds like a blacklist to me.

[–] chitak166@lemmy.world 0 points 10 months ago

So, it's the artist's fault for whoring themselves out to ticketmaster.

Greed wins again!

[–] givesomefucks@lemmy.world 26 points 10 months ago

Yep.

Like lots of "disruptions" it was just getting ahead of regulations and lobbying to prevent/stall them.

3rd party streaming providers and ending exclusivity contracts would fix streaming overnight, and studios would still make an insane amount of money.

Not many people are going to sign up for a 7th streaming service to watch The Office, but millions of people would have it on if only for background noise.

Have the streaming service pay studios per hour watched.

It's up to the streamer to balance how much they charge consumers and how much they pay studios to remain profitable.

[–] affiliate@lemmy.world 2 points 10 months ago (1 children)

yeah exactly. and hopefully being banned from making shows will motivate them to finally work on their terrible UIs. it’s so annoying that so many streaming services still lack basic functionality and have almost no customization options.

its so insane these companies are competing with each other over what’s on their service instead of how pleasant it is to use their service.

[–] LazaroFilm@lemmy.world 2 points 10 months ago* (last edited 10 months ago)

Yep. Because as long as the content is exclusive, the ui isn’t a selling point.

[–] chitak166@lemmy.world -2 points 10 months ago (1 children)

Because studios aren’t allowed to own theaters.

Says who?