Quote:
Originally Posted by BigRedChief
And from the article. Most of the content on Disney+ they already own and not new content. How did they spend this much money getting launched?
Streaming is not yet profitable for Disney — far from it. Losses in the direct-to-consumer division totaled $2.8 billion in the company’s 2020 fiscal year
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I was curious and I got bored and had some free time so I tried to find some data.
BLUF: Owning and running a streaming service is ****ing expensive.
$2.58 Billion to buy 75% of streaming company BAMTech.
$204 million annually for leasing the cost of AWS server farms (estimated based on Netflix $17m monthly).
$unknown millions to streaming devices annually. Supposedly Roku charges 20% of subscriber fees, as well as a share of ad revenue.
$500 million for new content in the first year. $75 million for Hamilton alone.
edit: Today I learned that I should have purchased stocks in Roku.