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Streaming TV economics are worse than many expected
One of the main culprits is churn
With help from @AntennaData, I discuss why churn is so important to profitability, why it surprised, whether it's becoming an ingrained consumer behavior and what can be done.
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Recently it has become clearer that streaming TV will be neither as large nor as profitable as many hoped
In this essay I address the question: If you’re a media co. who’s been betting that streaming is a major growth/profit engine, what do you do now?
https://t.co/BKzN8hWldc
I think bakers should be legally required to post a sign saying, "WARNING: OATMEAL RAISIN COOKIES." If not, they should be sued for fraud by people who had a reasonable expectation of chocolate chips.