Quote:
Originally Posted by Paul
I guess thats what a strike gets you.
Since they were forced to pay more for additional streaming, they decided to stop additional streaming.
Its just an additional cost, they dont really get anything back from it, so why pay it.
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That’s a misconception - the rights paid to performers were minuscule, and are now merely tiny. The real problem in Paramount’s case is it’s losing money hand over fist and needs savings to make itself attractive to a buyer; more widely the problem is the way media companies are structured so one subsidiary makes content whilst another broadcasts/streams it. They have to cross charge each other even though they’re part of the same company or else it makes the studio look loss-making while the distributor makes seemingly massive profits. It creates tax complications that are solved all too easily by simply taking stuff offline. For similar reasons, more than a couple of long-form movies have been made recently and then just cancelled, instead of released to cinemas. It’s a joke.