Or at least survive it? Then why are we selling something that could be a moneymaker if ran properly?
Sony will be buying anime streaming service Crunchyroll from AT&T for $1.175 billion, Sony and AT&T announced Wednesday.
https://www.theverge.com/2020/12/9/22166585/sony-buy-anime-streaming-service-crunchyroll-at-t-funimation
People...ATT has NO business running a media company...period!!!
It’s all about paying debt in the short term. I cannot believe the total idiocy of the gazillionaires at the helm of this company. Meanwhile, let’s put another meeting on the calendar so they can lecture you about social justice issues and then send incessant emails to put your volunteer hours and such on a company platform to make them look good. Don’t forget your Twitter hashtag either! 🙄
Because the incompetence at the top has no effing clue how to win this war, let alone survive it.
Win the streaming war? Disney is the new streaming champion they charge a lot less per month, more content and does not like to screw their customers over like T does. Disney said on Thursday evening it’s forecasting Disney+ will have 230 million to 260 million subscribers by 2024.
Read all about it at: https://www.cnbc.com/2020/12/11/after-showing-massive-growth-disney-hikes-5-year-subscriber-goal-.html
Sony already owns Funimation which is the main competitor to Crunchyroll so this buyout may end up monopolizing the anime industry in the US.
+1 for the DirecTV comparison, both treated the same way. This place penny pinches so much the asset deteriorates over time, faster than it should.
Crunchyroll had a lot of potential too, SMH
The answer is simple: total lack of investment (it was pretty much treated just like DirectTV).
I (used to) watch (or try to, at least) Crunchyroll. I've watched it deteriorate since AT&T got it. Dropping support for a lot of devices, like the smart TV apps. The remaining apps getting glitchier and glitchier. It became impossible to use the add-supported app, because it would just freeze up when showing a commercial break, and you couldn't continue.
My son-in-law has connections inside Crunchyroll (he works in the business of bringing video games and Anime to the USA), and he says that it was just unwillingness to spend anything on the business and willingness to drive away all the best people.
I let my paid subscription lapse almost a year ago because of the issues. AT&T is getting rid of it because they are shedding subscribers and AT&T doesn't want to invest to fix that.
Maybe it was going to be too expensive to re-do all the rights deals for the content?
It doesn't make a lot of sense to sell off a big content catalog when you have a streaming service that needs to give people a reason to subscribe to it. They must need the immediate payday over the subscribers and content.
Just another example of how they don't know what to do with the media side. I imagine they'll eventually have to carve off pieces of Warner to sell of as well.
anything AT&T touches turn to shhiit