Get the latest gossip

Sony, Paramount explore merger as streaming sector runs completely out of original ideas — Such deals almost always result in layoffs, lower-quality product, large debt loads, price hikes, and consumer dissatisfaction

As the streaming sector has consolidated and new subscriber growth has slowed, it has increasingly started chasing the bad habits of the industry it once disrupted: cable TV. Gone is stuff like enc…

As the streaming sector has consolidated and new subscriber growth has slowed, it has increasingly started chasing the bad habits of the industry it once disrupted: cable TV. As predicted, with the streaming sector all out of fresh ideas and Wall Street demanding impossible quarterly revenue growth at any cost, it’s time for a bunch of pointless consolidation. Government regulations restrict foreign ownership of broadcast networks and could prevent Sony’s parent company, based in Japan, from owning CBS outright.

Get the Android app