Why streamers are shrinking their content libraries
Publishing timestamp: 2024-04-02 07:00:01
Summary
Streaming platforms are removing content to avoid residual payments and licensing fees, leading to a need for differentiation. Data from Fandom suggests where major streaming platforms can specialize based on current viewership. The landscape is shifting towards profitability and depth rather than breadth, with streamers focusing on acquiring complementary content to engage their audiences.
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Keywords: movies, warner bros discovery inc, business news, netflix inc, business, paramount global, comcast corp, walt disney co, life, entertainment, apple inc, amazon.com inc, breaking news: business,
Source: https://www.cnbc.com/2024/04/02/streaming-platforms-are-shrinking-their-content-libraries.html