FAIL – How and Why Hollywood’s Streaming Services Will Fail June 29, 2024

Welcome back to FAIL, where Maniac discusses some of the worst executive decisions in the gaming and film industries.

Since Netflix proved there was a major market for digital streaming services with their massive subscriber number, the suits running major Hollywood studios who owned the content Netflix was broadcasting believed they were smart enough to launch a competing service and cut Netflix out as a middle man.

Several years ago, a major conglomerate decided to break itself up. The consequences were as immediate as they were disastrous to both companies. Their last remaining plan to save face was to create their own exclusive streaming service and create an exclusive show for it that would serve as a continuation of a beloved franchise. Other major companies have since followed suit, and all have seen low to lukewarm success.

What these companies failed to realize was that building and maintaining an exclusive video on demand streaming service is not free. More importantly, they may have known you will need to release exclusive shows on your service for people to want to sign up for it, it is not free to make them.

So what happens when you spend millions upon millions of dollars of your studio’s money on movies and shows that only have one potential revenue stream, a monthly streaming subscription fee that many consumers are unwilling to see as a good value? Watch the video below and see our perspective on it.

All opinions in this video are protected under the First Amendment.