In the last three years, we’ve seen every major studio launch their own streaming service (Apple TV+, HBO Max, Disney+, Paramount+, Peackock) in order to stay competitive.
But streaming, which just seemed like it was hitting a new golden age, has hit a few major speedbumps. For one, CNN+ just shuttered after a month, and Netflix lost 200,000 subscribers in their recent quarterly reports which shook Wall Street and sent Hollywood into a reactive panic.
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