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 136 points 10 months ago (10 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 78 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 47 points 10 months ago

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.

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