r/movies • u/MarvelsGrantMan136 r/Movies contributor • 16d ago

News Apple Losing Over $1 Billion a Year on Streaming Service

https://www.reuters.com/technology/apple-losing-over-1-billion-year-streaming-service-information-reports-2025-03-20/
11.4k Upvotes

95% Upvoted

1.3k comments sorted by

View all comments

Show parent comments

131

u/BallerGuitarer 16d ago

They’re the anti-Netflix.

Netflix also started with great shows like House of Cards and movies like Beasts of No Nation.

Even before streaming, we all saw Discovery Channel go from great educational content to reality TV.

Everything enshittifies eventually.

19

u/seppukucoconuts 16d ago

Enshitrophy if you will.

2

u/no_morelurking 16d ago

Ooh write that down

10

u/torvi97 16d ago

Every business with endless profit as a goal*

3

u/swine09 16d ago

What did the CEO say? Netflix is going for midrange/bistro burgers? Better than fast food but not prestige television

3

u/rawonionbreath 16d ago

Netflix was losing money during those years.

1

u/BallerGuitarer 16d ago

No way.

2

u/rawonionbreath 16d ago

It’s not a secret. It was like that for years.

2

u/BallerGuitarer 16d ago

Yeah, I was being sarcastic.

My point is Netflix put a lot of money into good content early in their life, lost money initially, then became profitable once they started putting out cheaper content.

And Apple is doing the same thing now.

3

u/[deleted] 16d ago

[deleted]

5

u/Darmok47 16d ago

Black Mirror aired on Channel 4 on the UK before it moved to Netflix.

I don't think any British network is involved with Slow Horses.

1

u/Free-Pound-6139 15d ago

Netflix stil has great shows.

Most people just want to watch new stuff, not great stuff.