CNBC: Streaming services are removing tons of movies and shows — it’s not personal, it’s strictly business
CNBC: Streaming services are removing tons of movies and shows — it’s not personal, it’s strictly business. “After the initial bloom of new platforms and subscriber growth, aided by pandemic lockdowns and a surge of fresh content, the digital streaming industry has cooled. And Wall Street has turned up the heat on media companies, now focusing on if and when streaming will be profitable versus if those providers are putting up big subscriber numbers. The change came last year after Netflix reported its first subscriber loss in a decade.”