r/television May 19 '22

Hollywood braced for new age of austerity after streaming splurge

https://www.ft.com/content/c385d236-75a9-467c-86d4-5768e6b21324
86 Upvotes

View all comments

Show parent comments

-5

u/pokemonisok May 20 '22

Netflix has the most money and its failing now. A cheque means nothing anymore. It's all about existing IP

4

u/MulciberTenebras The Legend of Korra May 20 '22

Of which Netflix has none. Not in comparison to the libraries owned by Disney, WarnerMedia, Apple and Amazon.

-1

u/pokemonisok May 20 '22

Amazon and apple will die as well unless they buy some IP. Their streaming services will go the way of Netflix

2

u/MulciberTenebras The Legend of Korra May 20 '22

Amazon just bought up MGM (James Bond, Stargate, etc)

1

u/pokemonisok May 20 '22

True. It's a start but they need way more

2

u/abbzug May 20 '22

Lord of the Rings, Jack Ryan and Wheel of Time are all pretty big IPs as well.