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It’s Not TV

Slate Money

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Netflix and Peacock Aren't Under the Same Pressure as Netflix

What happens to Apple? Do they get out of the business entirely or do they wind up getting much, much, much bigger? I don't know. This period that we're in will determine that because right now all of the legacy players like HBO Max and Peacock are under a lot of pressure suddenly to stop losing so much money. But for Apple and for Amazon, they have no such pressures. They're not measuring their profitability of these streaming services in the same way as their competition. When you see YouTube TV just got the NFL Sunday ticket, Google's like, sure we'll pay $2 billion a year for this thing. That's clearly going to lose a lot of money

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