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Message: <blockquote data-quote="nevin" data-source="post: 9070940" data-attributes="member: 7024481"><p>no.  Remember the tech bubble in the 90's and the big crash?   We are watching the slow motion video tech bubble crash.  Since before blocbuster crashed insane amounts of money have been flowing into streaming companies because everyone thought streaming was more important than profit.   Only in the last 3 years has profit become the central thing to these streaming companies.  Except paramount who never bought the hype.   Until the shattering of the billions of dollars worth of dreams is over and things get back to a more normal business relationship where how much money something is likely to make is more important than impressing people with money to keep the pyramid scheme going the only smart move is to sit it out and then make business decisions from there.   I read an interview with a director who talked about the fact that contract with streaming companies would get delayed but they'd have provisions that they had to have movie level special effect budgets and be done by a certain deadline.   Then the streaming company would release it 4 or 5 months out from deadline and expect everyone to just get it done.   This is one of the things that has led to the strikes.  Things that needed 10 months or a year to get done in a reaasonable way have sometimes turned into 4 month 20 hour a day work days for 4 and 6 months and they don't pay overtime to the workers because that wasn't in the contract and they unlike the directors don't get huge checks that make it worth the effort.   Streaming has been operating on an unsustainable business model since launch and everyone and every company that has pointed that out has been attacked by the internet machine.   It's going to get far worse before it get's better and it may drag a studio or two down with it.</p></blockquote><p></p>

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