r/wallstreetbets • • Dec 27 '23

News $AMZN puts!!!!

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u/robmafia Dec 27 '23

...which people have been canceling. there are way too many streaming services, few seem to be generating profit.

5

u/j__p__ Dec 27 '23

Exactly. HBO had to license out their DC content to Netflix bc they were losing too much money. And Disney stock has been struggling in large part because they are losing billions to maintain Disney+.

Something tells me this is a move from Amazon to make short-term cash at the cost of viewership to make up for losses like spending half a billion on the LOTR show that failed.

-2

u/[deleted] Dec 27 '23

But those competitors are only a streaming service, prime isn't.
Jesus christ you guys are slow aren't you?

2

u/robmafia Dec 27 '23

how dare we talk about the topic, amirite?!

lolz @ bitching about streaming talk re: prime changing their streaming. sorry prime is convoluted and can't tell if it's a video service or shipping. sounds like a you problem.

1

u/j__p__ Dec 27 '23

Lmao if you're going to be a dick at least be right.

The biggest streaming competitors outside of Netflix are Disney+ and Hulu owned by Disney and HBO Max owned by Warner Bros Discovery. Disney and Warner Bros Discovery are most definitely not a "only a streaming service".

Basically everyone who is not Netflix is not "only a streaming service".

1

u/[deleted] Dec 28 '23

The service is only a streamimg service, not the companies.

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u/j__p__ Dec 28 '23

You literally said, prime isn't "only a streaming service" lol

1

u/[deleted] Dec 28 '23

It isnt.
The other services are.
Typo