Part 4/10:

The Failure of Streaming and the Cost Crisis

The streaming revolution, which was supposed to secure Hollywood’s future, has instead become one of its most significant liabilities. Major streaming platforms like Peacock and Paramount+ have posted massive losses. For instance, Peacock lost over half a billion dollars in just a quarter, while Paramount faced a quarter-billion-dollar deficit. These financial woes have pushed companies toward potential mergers just to stay afloat.