Have we hit peak TV? Plus, our debt to bees
FT News Briefing
Streaming Wars: Building Franchises and Facing Challenges
This chapter explores the competitive landscape of streaming platforms, particularly focusing on Netflix and Warner Brothers as they attempt to create franchises to rival Disney's Marvel success. It examines the impact of Warner Brothers' acquisition by Discovery and the resultant shifts in content strategy, including the controversial decision to cancel projects like 'Batgirl'. Additionally, it reflects on the industry's concerns regarding overspending and the potential for consolidation among streaming services as they navigate the evolving market.
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