It has been hours since the Netflix scare. And a few hours after that, less then 10 hours after I wrote the previous article, we get to see ‘CNN streaming service to shut a month after launch’ the article (source: BBC) also gives us “Warner Bros Discovery (WBD) says it will issue refunds to subscribers after the service is shut down on 30 April. The head of CNN+ has resigned and hundreds more workers could be at risk of losing their jobs. CNN+ was launched on 29 March in an attempt to bring in revenues from news streaming subscriptions”, we can see this in a few ways. Yet in this I personally believe that saturation is part of the issue and it will not go away. The others will feel the brunt. Netflix will bounce in part back, Disney will take a hit, but these two are too big to fail drastically, the smaller ones will take larger hits as CNN+ is doing and some of them will not survive. What I stated some time ago is now coming to pass. I wonder if I was right in the thought that smaller could survive if they would merge. The idea that smaller would combine their channels and subscriptions is a little bit extreme, but it beats being dead, does it not?
Yet there is more underfoot. There is ‘Cinedigm’s DMR Unveils Cinehouse – A Curated Lineup of Free Streaming Channels for Superfans’ (Source: Accesswire) where we see “Digital media and entertainment company DMR, is letting fans stream their favourite niche channels with the launch of Cinehouse. A wholly-owned subsidiary of Cinedigm (NASDAQ:CIDM), DMR is unveiling this new free ad-supported streaming television (FAST) service to super-serve enthusiast fan bases across several popular genres.” You can take these thoughts in many ways but when I see “Cinehouse is dedicated to bringing fans the best movies and TV shows from around the world – from ancient mysteries and heart-stopping action, to classic anime, comedy, gaming, K-pop and more.” I personally believe that some are dropping small channels with ‘free’ materials to subvert the populations requiring free options to make them unavailable. A bait to get rid of the smaller fish and clean the pond, decrease saturation levels by getting rid of the opposition. It is a personal believe and I might be wrong, but we see new free channels after the drowning of CNN+?
The swarms seem to settle and some are playing the free card to take out the competition. It is one thought and my thought could be way off and massively wrong, but when you see one source that can verify the setting that the rest ‘seems’ to overlook, my wandering lobe starts to take a look at the information others leave lying round and this is where it got me. Is it me, or not?
I will let you decide.