Disney is removing original content from its streaming platforms to cut spending on residual payments to writers and actors. The company is also claiming the purge will result in $1.5 billion in losses — which could amount to a substantial tax break.
  • luciole (he/him)@beehaw.orgEnglish
    23·
    1 year ago

    This is getting to be a trend.

    Last year, Warner Bros and HBO Max undertook the first massive purge in the industry following the merger between the two companies, removing dozens of titles — reportedly to save on residuals and other costs. This spring, Paramount + also removed original content from their platform.

    Looks like they’re trying to optimize offering as little content as possible while retaining as many subscribers as possible. I know the term is usually applied to platforms of a different nature, but it does feel like the usual march towards enshittification.