2min chapter

Channels with Peter Kafka cover image

Why the media landscape is “dire” with WSJ’s Jessica Toonkel

Channels with Peter Kafka

CHAPTER

The Media Companies Are Losing Money, Right?

Wall Street is not wanting to stomach the losses of the streaming business. The traditional business that all the media companies are moving away from is also weakened because they've continued to have cord cutting problems. And with inflation, everyone has a lot of debt on their books. There's not a lot of things that any of these companies can do.

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