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Nolte: Studios Panic as Streaming Fails to Offset Cord Cutting – Yeah, Cuz Your Content Sucks
breitbart ^ | 12/8/2022 | john nolte

Posted on 12/14/2022 8:23:58 PM PST by bitt

The far-left Hollywood Reporter thinks it’s doing journalism with this hilarious story about how all the major entertainment multinationals are freaking out over the fact that cord-cutting is accelerating, and streaming revenue is failing to make up for that shortfall.

Here’s what’s happening…

About 3.5 million people are canceling their cable/satellite packages per year. That is a massive loss of revenue for entertainment outlets. Why? Well, as I have been explaining for 15 years now, merit has nothing to do with cable TV profits.

Whether you watch the Disney Grooming Channel, MTV, CNNLOL, TBS, TCM, MSNBC, Fox News, ESPN, or all those other well-known networks, the providers/studios that own those networks all get a piece of your monthly bill. For example, just because you (like the rest of America) do not watch CNN, because it is still part of your cable package, you are subsidizing CNN. Every month, something like a dollar of your cable bill goes to CNN’s parent company. Same with all the other networks you don’t watch. Now do the math. Twelve dollars a month times 100 million households equals $1.2 billion for CNN per year, even though no one watches CNN.

The whole cable game is rigged.

Do the new math…

Twelve dollars a year times 3.5 million cancellations per year…. Except it’s not $12 a year, because these major entertainment outlets have up to a dozen or more channels earning those fees. At one point ESPN alone was earning around $5 a month. That’s $60 a year from 100 million households.

As I’ve been predicting (and championing) for more than a decade, streaming would not only eventually kill the cable TV cash cow, streaming would force these entertainment outlets to do something they did not have to do with a rigged cable: provide news and

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Politics/Elections
KEYWORDS: cordcutting; entertainment; hollywood; media; msm; streaming
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1 posted on 12/14/2022 8:23:58 PM PST by bitt
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To: null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; bitt; ...

p


2 posted on 12/14/2022 8:24:11 PM PST by bitt (<img src=' 'width=50%>)
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To: bitt

this is what i have been sayin’


3 posted on 12/14/2022 8:28:01 PM PST by joshua c (to disrupt the system, we must disrupt our lives, cut the cable tv)
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To: bitt

we use only Roku now

Plenty of free programming, pay stuff too but we dont

Link it to the hotspot ($10 per device/mnth added 10GB) on your cellphone and you dont even need an additional internet connection, unless you want that.

Gone, a $100+ mnth comcast bill


4 posted on 12/14/2022 8:36:49 PM PST by Gasshog (Too often, my cursor jumps to a place I didn’t intend for it to jump and the typing contin)
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To: bitt
Screen Rant Pitch Meetings rip the lousy movies apart and I love watching them do it.

https://www.youtube.com/@PitchMeetings

5 posted on 12/14/2022 8:37:18 PM PST by Dalberg-Acton
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To: Dalberg-Acton

He’s great.


6 posted on 12/14/2022 8:42:11 PM PST by proust (All posts made under this handle are, for the intents and purposes of the author, considered satire.)
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To: bitt
I would have cut the cord years ago if it weren't for my wife. As it is, our TV service no longer qualifies for a promo and it is outrageously expensive. She's finally ready to bite the bullet, but I also realize I will get to play "customer service" when it happens. Not looking forward to it.

Thinking about Sling Blue to start. No Disney or ESPN. No local channels, but no $10+/mo re-broadcast fees. An indoor from our location can get the major networks, if we need them (no DVR though).

7 posted on 12/14/2022 8:42:38 PM PST by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: bitt
Streaming won't offset cable costs because Streaming is losing money.

Paramount alone lost $1.8 billion in 2022:

https://deadline.com/2022/08/paramount-global-earnigns-paramount-streaming-content-spending-1235084972/

8 posted on 12/14/2022 8:44:17 PM PST by T.B. Yoits
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To: CatOwner

*indoor antenna


9 posted on 12/14/2022 8:47:22 PM PST by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: bitt

Vudu is an option. You buy or rent shows a la carte. We watch several shows on Freevee (formerly IMDB) and Tubi. Both are free.


10 posted on 12/14/2022 8:50:52 PM PST by ChessExpert (Dem mandates: slavery, segregation, Indian removal, experimental vaccines)
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To: bitt

I have thought for a long time that someone ought to offer a package based only on the channels the subscriber wants.


11 posted on 12/14/2022 8:56:13 PM PST by Blood of Tyrants (Inside every leftist is a blood-thirsty fascist yearning to be free of current societal constraints.)
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To: CatOwner

“ I would have cut the cord years ago if it weren’t for my wife.….”
************************************************

Major league dittos to that.


12 posted on 12/14/2022 8:56:26 PM PST by House Atreides (I’m now ULTRA-MAGA-PRO-MAX.)
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To: bitt

It’s not just the studios either.

The NFL has tried to coordinate with Amazon Prime to increase
their viewership.

Hopefully that has fallen flat too.


13 posted on 12/14/2022 8:57:53 PM PST by DoughtyOne (I pledge allegiance to the flag of the U S of A, and to the {Const'l} REPUBLIC for which it stands.)
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To: Blood of Tyrants

Many feel that way.

.


14 posted on 12/14/2022 8:59:06 PM PST by Mears (.)
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To: bitt

Never watched TV much for decades, do not miss it now.

Wife has one of theose Roku things and gets some of the few things she used to watch on cable.

It seems the few she cares about can be paid for independently, so she is not subsidizing the liberal garbage to watch them..


15 posted on 12/14/2022 9:01:39 PM PST by doorgunner69 (Let's go Brandon)
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To: ChessExpert
#10: We watch several shows on Freevee (formerly IMDB) and Tubi. Both are free.

Same here. There is plenty to watch on those services. No need to pay for special channels at all. Also Newsmax is free, not bad for the price. Other free services include Plex, Crackle, and Pluto. I rarely watch those because Freevee and Tubi usually have more than enough to keep my attention.

16 posted on 12/14/2022 9:05:06 PM PST by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: doorgunner69

What’s the cheapest streaming to get the ESPN channels!


17 posted on 12/14/2022 9:07:04 PM PST by Treeless Branch
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To: DoughtyOne

repent for all the gag me force fed queer crap... and flush that content like the dirty turd collection it is...

and return to hetero sex based plots with bad guys getting snuffed for being bad, aka “woketards”...

Make christmas movies about the life, principle, teachings and history of Christ, his followers and the goodness of God almighty... aka john wayne type of true grit stories, sci fi and all that...

and some of us might, that is MIGHT reconnect... but get rid of the homo crap...


18 posted on 12/14/2022 9:07:53 PM PST by MIA_eccl1212 (When the bad guys have leverage they use it)
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To: Treeless Branch

If only ESPN, this tells you what’s cheapest:

https://sportsnaut.com/espn-plus-packages-and-pricing/


19 posted on 12/14/2022 9:27:15 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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To: Gasshog

Roku is great, and I know someone who uses their cellphone for all Roku access on their TV.

One month she used over 100 GB.


20 posted on 12/14/2022 9:28:41 PM PST by ConservativeMind (Trump: Befuddling Democrats, Republicans, and the Media for the benefit of the US and all mankind.)
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