The Coming Streaming Collapse
Streaming has become a bubble economy. And bubbles always go pop. The Warner Brother’s Discovery quarterly earnings report was, believe it or not, interesting. In places anyway. The biggest place was reserved for WBD CEO David Zaslav’s little speech where he demolished the entire business model for the 2022 entertainment industry. The Unfallen Darklings who read this blog on the regular know all about my spiel on studios chasing the Twenty Billion Dollar Dragon, so skip the next couple of paragraphs. A few years ago, the...