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- By removing the content specifically made for streaming rather than licensed shows and movies, Warner Bros. Discovery and Disney can immediately cut expenses. Warner Bros. Discovery saved “tens of millions of dollars” after eliminating content, CNBC previously reported.
www.cnbc.com/2023/05/29/streaming-services-remove-movies-shows-heres-why.html
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Jun 29, 2023 · The first way that removing a show from a platform saves money is tied up with some of the reasons that the WGA is striking and SAG-AFTRA is considering it: residuals. Production companies...
Apr 10, 2023 · Erasing original shows from their libraries can help streamers get tax write-downs and, to a smaller extent, save on residual payments.
Jun 30, 2023 · Not only that, but poorly-received content on a platform can undermine its popularity and stock value. Consequently, streaming companies have the potential to save tens of millions of dollars if they remove enough content, which can then be better spent on developing more lucrative IP.
May 29, 2023 · Removing content from platforms is a way for streamers to avoid residual payments and licensing fees. “Much like syndication of Hollywood’s yesteryear, streaming services must pay for the right...
Mar 17, 2023 · Dozens of original streaming shows have been removed from platforms in an apparent effort to cut costs. The disappearing shows may point to a more fundamental change in the business of...
- Alexi Horowitz-Ghazi
Mar 11, 2023 · Over the past year, dozens of shows have been disappearing from streaming platforms like HBO Max and Showtime. Shows like Minx, Made for Love, FBoy Island, and even big budget hits like...
Jul 10, 2023 · To save costs, i.e to not pay the creatives behind the content they produced, HBO Max made the decision to remove several original shows, a move that CNN said at the time would save the...
