Gizmo_Duck
blathering blatherskite!
Digital sales and subscription models is the corner industry leaders painted themselves into.
Now they're scrambling. Their vocal concern is becoming more and more public.
I'm referring to the market of digital and streaming content as a whole.
How many subscriptions did these dummies really think a single household could sustain.
Did they really think the majority of consumers were going to consistently have all:
Netflix, Hulu, Disney Plus, Paramount Plus, The Fortnite Battle Pass, The Call of Duty Battle Pass, buy extra cosmetic items, monthly internet bill, Apple Music, YouTube Premium (or whatever they call it).
It's clear the cost to maintain these libraries of content consistently is draining them financially while at the same time, consumers not having the money to spend across all of these platforms at once on a sustainable basis.
I really don't know what the solution is.
What I do suspect is that we're on the verge of seeing some of these streaming giants disappear.
Back to Sony, I do think it has to do with the digital and subscription games conversation because what I'm saying is; The digital subscription market is a VERY expensive market to play in. We're seeing that across the board with all content platforms. Sony doesn't have the money to keep burning left and right so of course we're going to hear more about projections being corrected downwards and focus shifting. They aren't the only ones doing it.
I actually agree, i think this subscription and digital content drive is a race to the bottom. We see it playing out everywhere else, I’ve also been echoing this sentiment. People keep demanding for sony to compete with gamepass and now that they’ve started adding bigger games to the service the prices are starting to skyrocket. People don’t want to pay more money for all these games, just like people don’t want to pay for all these c grade marvel and Star Wars shows on disney.
Let’s not even talk about the music industry…. These companies chasing this trend are gonna end up in trouble. I’m glad sony is at least not completely jumping head first into it like the competition