I09 sees the wheels coming off the Paramount+ strategic model with the cancelation of Prodigy.
Interesting piece with some new angles…
This time last year, the series was the bold vanguard of an attempt to bring the venerable sci-fi franchise to new audiences in a way Star Trek hadn’t attempted in years, and the latest in what was now a whole fleet of Star Trek shows on the platform. In a swift, single move—not just the takeback of a second season renewal, but the complete erasure of the series from its platform—the studio’s stratospheric ascent seems to have come crashing down all around it.
I think Disney is one of the few platforms that can survive the streaming bubble. The mouse has acquired an obscene number of huge IPs over the last couple of decades - Marvel, Star Wars, The Simpsons… not to mention Disney/Pixar’s own output. It also helps that even without streaming they make more money than some countries.
https://www.techradar.com/news/disney-plus-loses-its-magic-touch-as-millions-cancel-their-subscriptions https://www.mirror.co.uk/3am/us-celebrity-news/disney-subscribers-boycott-streamer-axed-30047706.amp
I doubt that to be honest, I can dig up more news, but my understanding is that Disney is already struggling to be profitable, they are finding that customers are not willing to pay for their walled content and are cross licensing with other platforms things that they would have tried to keep in house previously.
Oof, I hadn’t heard about any of that. I’m genuinely surprised that even Disney can’t make a sustainable streaming service.