Just saw the news about Paramount+ losing subscribers and laying off staff, and honestly, it shook me. It feels like every streamer is tightening belts, and suddenly our careers are tied to quarterly subscriber counts we have zero control over. I’ve already had friends lose jobs because a show got cut mid-season, not because it wasn’t good, but because the platform was bleeding subs. Are we all just at the mercy of subscriber churn now, or is there still a way to build stability in this industry?
https://www.msn.com/en-us/money/companies/paramount-cuts-3-000-jobs-after-losing-1-3-million-subscribers-in-13-weeks/ss-AA1Mt2Kl
It's not that our careers are "suddenly" tied to subscriber counts, that's obviously been the case for years. That's why Netflix was tossing around so much money years ago, they assumed if they had massive amounts of content no other service would get subscribers. That didn't work as planned, of course. A big part of the problem is that viewing now is so fragmented across various services, and once people are comfortable with unsubscribing and moving from service to service they're all at risk.
Oh wow, I don't know how I didn't hear about this. But honestly with so many streaming apps, I am not one bit surprised. People cannot afford to have every single streaming service these days.