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RE: The Media Carnage Continues: Paramount Layoffs

in LeoFinance11 months ago

This is very interesting. A lot of media are taking a hit. Cable seems to be taking a big brunt of it, but streaming services are not spared. Netflix lost some subscribers because they were clamping down on account sharing. Disney+ are also losing subscribers. Tiktok and YT are thriving though. With how easy it is to make content, people have more choices, and are able to follow and watch only those that they want. I am curious to see how these companies try to change to stay relevant.

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Exactly.

We are entering a time where the tools for content creation, especially with generative Ai, will only lead to more of it created. Here is where we will see the models get disrupted.

With more content that is good enough for people (YT and TikTok), I would say the eyeballs are further diluted in terms of where they go.