Streaming platforms include very strong companies such as Netflix, Disney+, MAX, even Paramount+However, there are things that remain in the shadows despite being owned by giants in the world of consumerism and one of them is Apple TV+. Which, despite his efforts, could not be at the forefront of others and it forced them to make a new decision aimed at reducing the budget to programs that do not make a profit.
It is confirmed that the company will implement cuts in the budget allocated for original content that does not generate expected profits. The decision comes after more than $20 billion was spent on a production that, despite receiving positive reviews and nominations, didn’t attract as many customers as those on the block would have liked.
Eddie QService Chief appleMeeting with studio directors Jack Van Amburgh and Jamie Elrichot To review and control the budget. Recent expensive productions include movies Martin Scorsese, Ridley Scott and Matthew Vaughn, As well as miniseries “Masters of the Air”, with a total cost of $750 million. It was even said that the platform makes the same in a month that it was practically Netflix In a week, and those losses may not continue.
Finally we can say apple As it is adjusting its content investment strategy to improve competition against giants Netflix, focusing on cost control of production that does not generate sufficient profit. Also, it has been proven that certain types of series can earn millions of dollars without so much money involved, it was initially seen Stranger ThingsFor which the cost increased because there was a positive response from the fans.
Through: Bp
Author’s Note: They must do something before they lose more money, there is still the option of withdrawing the platform and selling the series and other content.
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