Déjà vu all over again..:). I remember when music streaming was destroying artists income stream, think Napster. Now streaming services like Spotify YouTube and TicTok support artists in ways they could not have imagined 20 years ago.
Entertainment streaming is still in its infancy. Other than Netflix who broke the old model, almost no one else makes money. Disney is flailing but Iger got a sweet new contract. It's not a good look. I suspect this could take the rest of the decade to sort out. We'll see if consumers are willing to pay previous cable level dollars to be entertained in an old school way or if gaming and other interactive media steal too much of the entertainment pie.
Rule #1, Don't lose money. Rule #2, read rule #1. - WB.
