I think that is the true reason. For example D+ has around 160 mil subs but they are still losing money. What are they going to do next, beat Netflix in sub count? No, they already reached their limit already and started to lose subs. They should cut costs instead of chasing revenue.
That and insane production budgets. A lot of stream services are dumping hundreds of millions into shows that… Really didn’t need that?
I think that is the true reason. For example D+ has around 160 mil subs but they are still losing money. What are they going to do next, beat Netflix in sub count? No, they already reached their limit already and started to lose subs. They should cut costs instead of chasing revenue.
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