There is a weird rumour that ViacomCBS and NBCUniversal are considering a merger. Because their losing market share to streaming rivals, they’re looking at ways of getting back on top; like they were when decades ago when the competition was less fierce. If it is in the cards, this merger is foolhardy and doesn’t address the fact that neither company has compelling enough content or a strong enough brand-name to compete with Netflix.
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I was working on article about the rumoured ViacomCBS/NBCUniversal streaming service partnership, but Netflix released their financials on Tuesday and it was a very curious report. The two biggest news items are that they’re planning to go into the video game business and that they’re actually losing customers (in North America) instead of growing. Getting into gaming is a gamble that may not pay off for them and may actually result in them losing more than they’ll gain.
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Madness Brewing 