Disney, Warner, Comcast, and Paramount are contemplating cuts, possible mergers. The world's largest traditional entertainment companies face a reckoning in 2024 after losing more than $5 billion in the past year from the streaming services they built.
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arstechnica.comObviously, streaming is not a good business. Even though Disney is phasing out DVD & Blu-ray in Australia and New Zealand, they are planning to increase physical media releases in America. Whatever makes more money for them I guess.