Introducing MountCock+

Ladies and gentlemen, boys and girls, roll up and be the first to subscribe to the greatest streaming service of all time: the brand-new MountCock+!

Made-up logo of fictional streaming service "MountCock+".
If only it was real…

If you haven’t heard, Paramount Global – the company behind Paramount+, the Star Trek franchise, and others – is in a pretty bad place financially. That isn’t “breaking news;” it’s been the case for quite some time. As Paramount has continued to lose money, its executives have put a lot of faith in streaming to swoop in as some kind of saviour – but they’ve learned, belatedly, that streaming is a difficult market to crack at the best of times. And these are not the best of times!

Here’s what I think happened a few years ago. An elderly executive or investor – who knows nothing about the internet, data, streaming, or any of the complex technologies required to make it work – saw the success of Netflix, looked at CBS/Paramount’s own back catalogue and library of content and said to some poor, overworked employee “make me my own Netflix.” In the mid-2010s, Netflix was the hottest up-and-coming property in the entertainment world, and Paramount wanted a piece of that action. But rather than work with Netflix, Paramount wanted to be a competitor – despite having none of the outside investment, financial support, development knowledge, or technological know-how.

Logo of Paramount Global.
Logo of Paramount Global.

I really wish that I’d been faster at getting to work on this story, because “MountCock+” would’ve been a great April Fools’ gag if I’d made it a week ago! Oh well, lesson learned.

The title of this piece – which, in case it really needs saying, is facetious and won’t really be the name of a potential newly-merged streaming service – comes from news that new Paramount investor and potential new owner, SkyDance Media, is considering rolling Paramount+ and the Peacock streaming service together into one single entity. This would give subscribers to either platform access to a lot more films and TV shows, and the hope is that rolling two unprofitable streamers together will help the restructured Paramount/Paradance/Dancemount (or whatever the new company might be called) edge its way closer to profitable territory.

Logo of Skydance Media.
Paramount Global and Skydance Media may be in talks about a merger or sale.

Let’s get one thing straight right off the bat: small, specialised streaming platforms that only offer relatively few shows and films within a single niche have always been a bad idea. It was a bad idea when DC Comics tried it, it was a bad idea when CNN tried it, and the fact that DC Universe and CNN+ no longer exist as independent platforms is all the proof you’ll ever need. Netflix succeeded in the 2010s because it was a comparatively cheap and convenient way to access a huge library of content. Yes, there were whole genres on Netflix that you’d never even touch because they were of no interest to you. But there was so much other stuff that was appealing that it made a Netflix subscription worthwhile.

That was what convinced me to cut the cord – or rather, the wire to my satellite dish! In the late 2000s I got Sky – a satellite TV provider here in the UK. Getting Sky in the first place had been one of my ambitions for a long time; ever since it launched in the ’90s, the idea of hundreds of channels had been massively appealing! But by the late 2010s, the media landscape was changing. When Star Trek: Discovery was only going to be available on Netflix, I signed up so I could watch it. And I found streaming to be so convenient and at such a good price point that I very quickly dropped Sky altogether.

Stock photo of a satellite TV dish.
You can still see a satellite dish on many houses here in the UK.

The reasons for Netflix’s success were its convenience, low price point, and huge library of content. Take away one of those factors and it wouldn’t have become the phenomenon that it did – and as the so-called “streaming wars” rage in the 2020s, it’s a combination of those same factors in reverse that account for the failure or underperformance of other, newer streaming platforms. Less content for a higher price turns people away – even big fans of some franchises. I’m a Trekkie, but in 2024 I’ve only paid for a single month of Paramount+ so far; the streaming platform just doesn’t feel worth it most of the time.

Roll Paramount+ content in with another streaming service, though, and suddenly it becomes a more enticing proposition. As long as the price stays low as the library of content grows, there would be much more of an incentive to sign up for MountCock+ than there is for either Paramount+ or Peacock individually. Continuing as competitors will, in all likelihood, lead to the failure of both platforms, but if they join forces they might stand a chance. Even though Skydance doesn’t own Peacock and thus profits will have to be split, it still feels like a good idea.

Stock photo of streaming apps on a TV screen.
There are currently too many streaming services. Some will never be profitable for their parent companies.

Almost every time Star Trek’s parent company has been shaken up, there have been changes for the franchise. And not all of these changes have been positive. We have to keep in mind that it’s possible that a Skydance/hedge fund-owned corporation would have less of an interest in Star Trek, especially if the franchise seems to be underperforming, not bringing in or retaining subscribers, or even running too hot. While I don’t expect to see imminent cancellations, it’s something to be aware of as it’s happened before. It’s also possible that new corporate leadership might be keener on feature films with cinematic releases than on making more made-for-streaming series.

On the other hand, Paramount has been slow and even reluctant to listen to Trekkies sometimes. There’s been a significant fan campaign to create a sequel/successor show to Star Trek: Picard – but after more than a year, it hasn’t garnered a response from those at the top of the corporation. So perhaps new faces in the boardroom would be better at reading the room and understanding where the fan community is and what kind of projects we’d like to see. This is an area where Paramount has needed to improve for a long time, so again there’s the potential to see some positive changes.

Still frame from Star Trek: Picard Season 3.
Trekkies have been clamouring for another Picard-era series.

Business and finance is not my strong suit nor my area of expertise – and I don’t blame you if the details are boring or difficult to grasp. I’m pretty sure I’m oversimplifying it because I don’t fully understand it either; when you’re looking at corporations that routinely deal in the hundreds of millions or billions of dollars… it can be hard to really comprehend the kinds of decisions that they take. But as fans, and as consumers of media in a competitive marketplace, we need to know a little about what’s happening behind-the-scenes. The future of Paramount Global will have an impact on future Star Trek productions, on the corporation’s other streaming projects, and even on its cinematic output and television channels.

For my two cents, I can see why amalgamating Paramount+ and Peacock – or Paramount+ with some other streaming platform, if the Peacock deal falls through – would make sense. After several years of streaming becoming an increasingly balkanised and fractured marketplace, bringing different platforms together just makes sense. There’s a general unwillingness on the part of audiences to pay for more than two or three different streaming services, and smaller, second-tier platforms will struggle in such a challenging environment. I’m a Trekkie – albeit one who’s been feeling a bit burned out of late – but even I have never paid for a full year’s worth of Paramount+; it’s a service I pick up for a month or two at a time to watch a couple of shows. On a related note: have you checked out my review of Halo Season 2 yet?

Promo poster for Halo Season 2.
It’s the Master Chief!

So could the hypothetical MountCock+ turn things around? I think it has to have a better chance of turning a profit than either Paramount+ or Peacock do individually – though it will perhaps need a better name than I’ve given it! But in theory, a bigger streaming platform with more original and legacy content, backed up by a corporate merger that brings more film franchises and television shows under its umbrella is a good thing. We don’t want any one corporation to have a monopoly in this marketplace, of course, but creating platforms that are more consumer-friendly and don’t see small bundles of content paywalled off at every turn is a good thing and a positive development.

“Watch this space” is probably the soundest advice right now! Paramount has been in talks for a while about possible mergers, sales, or splitting off different parts of its business, so nothing is set in stone and this latest Skydance/Peacock proposal is unofficial at best. It could happen – or Paramount could end up going in a very different direction. Still, corporate changes are afoot – and I feel increasingly confident of major news breaking before the year is over.


All properties discussed above remain the copyright of their respective broadcaster, distributor, studio, etc. This article is not financial or investment advice. This article contains the thoughts and opinions of one person only and is not intended to cause any offence.

Thoughts on Streaming Schedules

Back in 2021, I watched and generally enjoyed Amazon Prime Video’s The Wheel of Time adaptation. I’d read the first couple of books in the series, and although it was a long time ago and I couldn’t remember many of the details of the story, I was still interested to see what a studio with Amazon’s means could bring to the fantasy realm. In the aftermath of the success of Game of Thrones, many studios were scrounging around for fantasy properties to adapt! I was pleased with the result in 2021.

The Wheel of Time has just returned to our screens after a break of almost two years – and it’s this scheduling that I want to talk a bit about today. The Wheel of Time’s first season ran to a scant eight episodes, which isn’t out of the norm for streaming shows these days, but is still a lot shorter than a typical television show from years gone by. But a short run of episodes combined with a very long break in between seasons has meant that I’ve basically forgotten all of what happened last time – and I almost missed The Wheel of Time’s return entirely. It was only when I saw an advertising banner splashed across Amazon’s homepage that I even remembered the series existed.

Promo poster for The Wheel of Time Season 2.

This is far from an isolated example. Amazon’s Lord of the Rings: The Rings of Power also ran for eight episodes in its first season – and also looks set to take a break of at least eighteen months before its second season will be ready. The same is true of shows like The Witcher and Stranger Things on Netflix or Paramount+’s Halo adaptation. These long breaks, when combined with short seasons, are actually doing a lot of harm to these shows – and I’m surprised that none of the big streaming companies have caught on yet.

The pandemic was a major disruptive force across the entertainment industry, shutting down or prolonging many productions. And I get that – I really do. The knock-on effects of that disruption are still being felt, and while that partially explains some of these long breaks, that’s not the whole story. Made-for-streaming shows like The Wheel of Time just aren’t interested in deadlines and schedules any more, and I think that’s to their detriment.

Still waiting on that second season of Halo

Most viewers of any series are not hard-core fans. The vast majority of a show’s audience are casual viewers, folks who tune in while the show is running but don’t spend too much time thinking about it after the credits have rolled on the season finale. Those people basically pay for a production and determine whether or not it will be a success, so keeping them engaged is vitally important. It’s great when a show can be “made for the fans,” but the reality is that most viewers will never be in that hard-core category.

When a series disappears for almost two years, the way The Wheel of Time did, it makes it so much harder to retain the kind of casual audience that it relies on. I would generally consider myself to be someone who likes fantasy, and I ranked The Wheel of Time as being one of my favourite shows of 2021… but even I’m struggling to remember who’s who and what happened last time. It’s just been so long, and I’ve had other things to watch since. Sure, my ageing, addled brain isn’t as switched-on as some people’s might be… but that’s beside the point!

Who’s this again?

With shorter seasons of ten, eight, or even six episodes becoming increasingly common, it’s more important than ever for shows to not wait too long in between seasons. It’s also worthwhile, in my opinion, for streaming platforms to release shows at roughly the same time of year – at least the same season. There’s no need for rigid schedules on a streaming platform in the way there used to be on broadcast television, but if people get used to watching a particular show in the spring or the autumn, sticking with that for future seasons makes a lot of sense to me.

This must sound like a very long-winded way of saying “oops, I forgot that The Wheel of Time was a thing!” But this phenomenon goes beyond one single series or even one single streaming platform. There are perfectly understandable reasons for productions to be disrupted – whether we’re talking about the pandemic, the recent writers’ and actors’ strikes, or something else – and I’m not trying to single out Amazon or The Wheel of Time unfairly. I just really feel that these long breaks are to the detriment of practically every series and make it much harder to retain viewers.

SAG-AFTRA and WGA members on strike in 2023.

One of the benefits of the “streaming wars” over the past few years has been a glut of high-quality, big-budget entertainment on the small screen. Now I’ll be the first to tell you that not all of these shows were enjoyable, but some have been outstanding. With advancements in technology meeting a corporate need to drive and retain subscribers, the past few years have seen some of the best-looking television shows ever made. And that’s fantastic.

But when these shows disappear for years at a time – after only running to a handful of episodes – it becomes increasingly difficult to keep up. There’s a lot of choice of what to watch right now, even in genres that used to be considered small niches like fantasy. Studios like Amazon have to do better at keeping production and post-production schedules tight so that these kinds of long breaks can be avoided, especially if they only want to produce eight episodes in a season.

The Wheel of Time is produced by Amazon Studios.

So The Wheel of Time is back – and it’s already been renewed for a third season, so I guess we shouldn’t worry about the series being abandoned! But I hope Season 3 will be able to premiere in 2024, not 2025 or 2026. I’m only just beginning to figure out who’s who and what’s what all over again, and the last thing I need is for the series to disappear for nigh-on two years again!

As the streaming wars continue to rage, the studios that manage to get a grip on this situation will do well. Rigid schedules may no longer be necessary, and the flexibility that streaming allows for is, I would argue, a net positive for television production overall. But scheduling still matters, and taking two years to produce a single eight-episode season feels excessive. Worse than that, I fear it will prove harmful to any show’s prospects. Streaming services don’t only need to be concerned with signing up new subscribers, they need to worry about retaining current subscribers – and making sure that the shows people are watching don’t vanish for long periods of time is going to be part of that.

This was a bit of a whine; I’m sorry about that! And The Wheel of Time isn’t the only offender, it just happened to be the best recent example of this phenomenon. I do enjoy the series… I just hope I won’t have to wait so long for the next season. Time’s marching on, after all!

The Wheel of Time is available to stream now on Amazon Prime Video. Season 1 is also available for purchase on DVD/Blu-ray. The Wheel of Time is the copyright of Amazon Studios and Amazon Prime Video. This article contains the thoughts and opinions of one person only and is not intended to cause any offence.

Paramount+ versus the cost of living

I’m trying to get my thoughts in order with June just around the corner. Here in the UK we’re just over three weeks away from the (alleged) launch date of Paramount+, and despite my criticisms of Paramount Global and the jokes I’ve made on social media, I truly want to be able to sign up for the platform and give my financial backing to the renewed Star Trek franchise. But I’m not sure that I can, at least not at the moment.

As a disabled person on a fixed income, the current inflation and cost of living crisis is hitting me particularly hard. Since the start of this year I’ve cancelled my plans for an upgrade to my slow internet connection and also let go of my Netflix subscription. I’d originally signed up for Netflix in order to be able to watch Star Trek: Discovery in 2017, and although there are still Netflix projects that interest me, the removal of the Star Trek franchise from the platform was a big factor in choosing to cancel that subscription.

I originally signed up for Netflix to be able to watch Star Trek: Discovery.

Right now I have two subscriptions that I pay for: Xbox Game Pass and Disney+. In order to be able to afford Paramount+, realistically I’d have to cancel one or the other. And the problem there is simple: I regularly use and enjoy both. Subscribing to Game Pass has meant that I’ve only had to buy one game since the start of the year (Lego Star Wars: The Skywalker Saga, in case you were wondering). It’s a good service – for now, at least – that offers a decent number of games, and although I don’t spend as much time gaming as I did say a decade ago, Game Pass still has a lot to offer.

Disney+ has a few new shows that I’m interested in, like the current Obi-Wan Kenobi series, but more than that it’s a service that carries a lot of shows that I’ve enjoyed in years past. The likes of Futurama or Scubs make great background viewing; light entertainment that I don’t need to think too deeply about. Kids’ cartoon Phineas and Ferb is one of my comfort shows that I turn to on days when my mental health is poor, and Disney+ even carries shows like Lost and a diverse array of documentaries and films.

I watch quite a lot of things on Disney+ these days.

I feel like the debate I’m currently having internally about streaming kind of encapsulates a broader issue with the oversaturated streaming market, but more significantly for Paramount Global and the Star Trek franchise, it shows how being too late to the party can be incredibly costly. I’m not trying to decide between Paramount+ and Disney+ in a vacuum with both services on an equal footing; I already have Disney+, so in order to be able to afford Paramount+, Paramount needs to convince me to give up what I already have.

Perhaps the cost of living crisis of 2022 has blown the lid off things – it certainly has for me, at least – but these kinds of conflicts were inevitable, and not every streaming service currently on the market can survive. Perhaps current events will accelerate the decline of some of the lesser ones – such as CNN+, which cost parent company Time Warner over $300 million and lasted barely one month – but with the market having become so crowded and so anti-consumer, there simply isn’t room for everyone.

There have been some high-profile streaming failures already.

I’ve argued this point before – in an article that you can find by clicking or tapping here – but I really think it makes a lot of sense for some of the lesser companies to get out of the streaming game and focus instead on making content, not trying to make their own platform. The Star Trek franchise could be a good example of how this could work; Discovery was sold to Netflix, but Picard and Lower Decks were sold to Amazon Prime Video. Other media companies could take a similar approach, selling their shows and films to the highest-bidding streaming platform without making a cast-iron commitment to always work exclusively with a single platform.

That has to be the future, doesn’t it? It isn’t affordable for most households to pay for four, five, or six different streaming subscriptions even at the best of times, so something’s got to give sooner or later. As inflation and the cost of living continue to bite around the world – and with no sign of things improving at least in the short-term – I’d expect similar conversations to be happening in a lot of households. It’s possible that we’ll even start to see the impact of this on the streaming market pretty soon.

It’s increasingly unaffordable for folks to keep adding new streaming subscriptions.

I’ve written about piracy here on the website on more than one occasion. Although it can be hard to explain how I feel in just a few words, I’ll give it a shot: when a series, film, or video game is made available, I’m firmly in the camp that says “pay for it.” If everyone turned to piracy there’d be no future for entertainment; it wouldn’t be possible to keep creating new films, games, or shows if no one was paying for and supporting the creation of those projects. So with Paramount+ slowly stumbling its way towards its UK launch, almost by default I felt sure that I’d be signing up.

As a big Trekkie and someone who loves the Star Trek franchise, I want to be in a position of contributing to its success, even when Paramount Global as a corporation has misbehaved when it comes to international fans. The reason for that is pretty simple: I want Star Trek to be financially successful so that it’ll continue to be produced for many years to come. I don’t want to be a pirate, especially not when it comes to Star Trek. The fact that Paramount forced fans like me into piracy with their decisions over Discovery Season 4, Prodigy, and Strange New Worlds remains a source of disappointment.

I want to see Star Trek succeed.

But now, with the cost of living and inflation biting me in the backside, I’m left wondering whether my best option in the short-term is to rely on my DVDs and Blu-rays for older shows and pirate the final few episodes of Strange New Worlds. By the time Paramount+ lands in the UK there will only be three weeks left in the first season of Strange New Worlds – and even if Prodigy or Lower Decks are going to be hot on its heels, it hardly seems worth signing up for a new subscription to get three episodes of a single series.

Perhaps I’m clutching at straws trying to justify accessing media that I can’t afford. Maybe it’s the curse of those of us on low and fixed incomes that, in a world of dozens of streaming subscriptions, it’s too expensive to be able to afford to watch everything. Do the cost of living crisis and inflation justify piracy? Is piracy, as some like to claim, a form of theft? If I can’t afford Paramount+, shouldn’t I find ways to cut other things out of my budget so that I can – and if I’m unable or unwilling to do that, shouldn’t I then stick to that commitment and stop watching these new Star Trek shows?

Piracy remains a tempting option.

These are some of the questions rolling around in my head at the moment! Maybe I should just shut up, review new episodes of Star Trek and whatever else, and let everyone reading assume that I paid for everything completely legitimately. But this website is my only real outlet for talking about some of these issues, and with the cost of living and inflation being big worries at the moment and weighing on my mind, I wanted to talk about it and not just cover it up and pretend like everything is fine.

This is far from the worst financial crisis I’ve personally had to deal with. Ever been so broke that you had “sleep for dinner?” I’ve been there. I’ve been to the supermarket with only a bunch of coins that I managed to scrounge up from pockets and down the back of the sofa, buying food for a couple of days without knowing when or how I’d be able to afford the next shop. And I’ve been in a position of turning off the heat and wearing a coat, gloves, and three pairs of socks in the living room in order to save money. Compared to that – and compared to what many folks are going through right now, too – having to choose between different streaming services because I can’t afford all of them… well it doesn’t exactly matter, does it?

I’ve been in worse financial positions at other points in my life…

But at the same time, there is a broader point here. Paramount+ is about to launch in an incredibly difficult market, one in which some of the biggest fans of the corporation’s most popular franchises are going to struggle to afford the service. The longer-term prospects of Paramount+, and whether it will ever be able to break into the top tier of streaming platforms alongside Netflix and Disney+, remains very much in question – and with that question comes fears for the longer-term sustainability of Star Trek. As a fan, that concerns me.

Decisions going back a decade or more on the part of big entertainment corporations have led to this point, and while the current jump in inflation and rise in the cost of living may have exposed some of these issues of affordability sooner than expected, it was inevitable that we’d reach this point in such an oversaturated marketplace. As a Star Trek fan I want to support Star Trek and I want the company that owns it and the platform on which it’s available to be financially successful – but I can’t commit to backing Paramount+ with a long-term subscription at the moment. If the cost of living crisis worsens in the months ahead – and with energy bills set to rise significantly in October, just in time for the winter, it very well may – I’ll be needing to cut back even more on the few services I already pay for, and there’ll be absolutely no place for anything new.

It’s a tough market, and Paramount Global’s many mistakes and offensive decisions have not endeared the corporation or its latest venture to the people who should be its biggest supporters. I wish Paramount+ well as a Star Trek fan who wants the franchise to succeed… but I’m unsure whether I’ll be able to make a long-term commitment to it right now.

Paramount+ is available in the United States, Scandinavia, Australia, and parts of Latin America now, with launches in the UK and South Korea in June 2022. Further international launch dates are yet to be announced. Paramount+ and the Star Trek franchise are owned by Paramount Global. Some stock images used above are courtesy of Pixabay. This article contains the thoughts and opinions of one person only and is not intended to cause any offence.

How Sega and the Dreamcast offer a valuable lesson for streaming platforms

In 2001 I was bitterly disappointed by the failure of the Dreamcast – a console I’d only owned for about a year and had hoped would carry me through to the next generation of home consoles. For a variety of reasons that essentially boil down to mismanagement, worse-than-expected sales, and some pretty tough competition, Sega found itself on the verge of bankruptcy. The company responded not only by ending development on the Dreamcast, but by closing its hardware division altogether.

At the time, Sega seemed to be at the pinnacle of the games industry. For much of the 1990s, the company had been a dominant force in home video game consoles alongside Nintendo, and as the new millennium approached there were few outward signs of that changing. It was a massive shock to see Sega collapse in such spectacular fashion in 2001, not only to me but to millions of players and games industry watchers around the world.

The Sega Dreamcast failed in 2001.

Thinking about what happened from a business perspective, a demise like this was inevitable in the early 2000s. Both Sony and Microsoft were arriving in the home console market with powerful machines offering features like the ability to play DVDs – something that the Dreamcast couldn’t do – but at a fundamental level the market was simply overcrowded. There just wasn’t room for four competing home consoles. At least one was destined for the chopping block – and unfortunately for Sega, it was their machine that wouldn’t survive.

But the rapid demise of the Dreamcast wasn’t the end of Sega – not by a long shot. The company switched its focus from making hardware to simply making games, and over the next few years re-established itself with a new identity as a developer and publisher. In the twenty years since the Dreamcast failed, Sega has published a number of successful titles, snapped up several successful development studios – such as Creative Assembly, Relic Entertainment, and Amplitude Studios – and has even teamed up with old rival Nintendo on a number of occasions!

The end of the Dreamcast was not the end of Sega.

I can’t properly express how profoundly odd it was to first see Super Mario and Sega’s mascot Sonic the Hedgehog together in the same game! The old rivalry from the ’90s would’ve made something like that impossible – yet it became possible because Sega recognised its limitations and changed its way of doing business. The board abandoned a longstanding business model because it was leading the company to ruin, and even though it does feel strange to see fan-favourite Sega characters crop up on the Nintendo Switch or even in PlayStation games, Sega’s willingness to change quite literally saved the company.

From a creative point of view, Sega’s move away from hardware opened up the company to many new possibilities. The company has been able to broaden its horizons, publishing different games on different systems, no longer bound to a single piece of hardware. Strategy games have been published for PC, party games on the Nintendo Wii and Switch, and a whole range of other titles on Xbox, PlayStation, handheld consoles, and even mobile. The company has been involved in the creation of a far broader range of titles than it ever had been before.

Sega’s mascot Sonic now regularly appears alongside old foe Super Mario.

So how does all of this relate to streaming?

We’re very much in the grip of the “streaming wars” right now. Big platforms like Netflix, Amazon Prime Video, and Disney+ are battling for subscribers’ cash, but there’s a whole second tier of streaming platforms fighting amongst themselves for a chance to break into the upper echelons of the market. The likes of HBO Max, Paramount+, Apple TV+, Peacock, BritBox, and even YouTube Premium are all engaged in this scrap.

But the streaming market in 2021 is very much like the video game console market was in 2001: overcrowded. Not all of these second-tier platforms will survive – indeed, it’s possible that none of them will. Many of the companies who own and manage these lower-level streaming platforms are unwilling to share too many details about them, but we can make some reasonable estimates based on what data is available, and it isn’t good news. Some of these streaming platforms have simply never been profitable, and their owners are being propped up by other sources of income, pumping money into a loss-making streaming platform in the hopes that it’ll become profitable at some nebulous future date.

There are a lot of streaming platforms in 2021.

To continue the analogy, the likes of Paramount+ are modern-day Dreamcasts in a market where Netflix, Amazon, and Disney+ are already the Nintendo, Xbox, and PlayStation. Breaking into the top tier of the streaming market realistically means one of the big three needs to be dethroned, and while that isn’t impossible, it doesn’t seem likely in the short-to-medium term at least.

Why did streaming appeal to viewers in the first place? That question is fundamental to understanding why launching a new platform is so incredibly difficult, and it’s one that too many corporate executives seem not to have considered. They make the incredibly basic mistake of assuming that streaming is a question of convenience; that folks wanted to watch shows on their own schedule rather than at a set time on a set channel. That isn’t what attracted most people to streaming.

Too many corporate leaders fundamentally misunderstand streaming.

Convenience has been available to viewers since the late 1970s. Betamax and VHS allowed folks to record television programmes and watch them later more than forty years ago, as well as to purchase films and even whole seasons of television shows to watch “on demand.” DVD box sets kicked this into a higher gear in the early-mid 2000s. Speaking for myself, I owned a number of episodes of Star Trek: The Next Generation on VHS in the 1990s, and later bought the entire series on DVD. I had more than enough DVDs by the mid-2000s that I’d never need to sign up for any streaming platform ever – I could watch a DVD every day of the year and never run out of different things to watch!

To get back on topic, what attracted people to streaming was the low cost. A cable or satellite subscription is easily four or five times the price of Netflix, so cutting the cord and going digital was a new way for many people to save money in the early 2010s. As more broadcasters and film studios began licensing their content to Netflix, the value of the deal got better and better, and the value of cable or satellite seemed ever worse in comparison.

Streaming isn’t about convenience – that’s been available for decades.
(Pictured: a 1975 Sony Betamax cabinet)

But in 2021, in order to watch even just a handful of the most popular television shows, people are once again being forced to spend cable or satellite-scale money. Just sticking to sci-fi and fantasy, three of the biggest shows in recent years have been The Mandalorian, The Expanse, and The Witcher. To watch all three shows, folks would need to sign up for three different streaming platforms – which would cost a total of £25.97 per month in the UK; approximately $36 in the United States.

The overabundance of streaming platforms is actually eroding the streaming platform model, making it unaffordable for far too many people. We have a great recent example of this: the mess last week which embroiled Star Trek: Discovery. When ViacomCBS cancelled their contract with Netflix, Discovery’s fourth season was to be unavailable outside of North America. Star Trek fans revolted, promising to boycott Paramount+ if and when the streaming platform arrived in their region. The damage done by the Discovery Season 4 debacle pushed many viewers back into the waiting arms of the only real competitor and the biggest danger to all streaming platforms: piracy.

Calls to boycott Paramount+ abounded in the wake of the Star Trek: Discovery Season 4 mess.

The streaming market does not exist in a vacuum, with platforms jostling for position solely against one another. It exists in a much bigger digital environment, one which includes piracy. It’s incredibly easy to either stream or download any television episode or any film, even with incredibly limited technological know-how, and that has always represented a major threat to the viability of streaming platforms. Though there are ethical concerns, such as the need for artists and creators to get paid for their creations, that isn’t the issue. You can shout at me until you’re blue in the face that people shouldn’t pirate a film or television show – and in the vast majority of cases I’ll agree wholeheartedly. The issue isn’t that people should or shouldn’t engage in piracy – the issue is that people are engaged in piracy, and there really isn’t a practical or viable method of stopping them – at least, no such method has been invented thus far.

As more and more streaming platforms try to make a go of it in an already-overcrowded market, more and more viewers are drifting back to piracy. 2020 was a bit of an outlier in some respects due to lockdowns, but it was also the biggest year on record for film and television piracy. 2021 may well eclipse 2020’s stats and prove to have been bigger still.

The overcrowded streaming market makes piracy look ever more appealing to many viewers.

Part of the driving force is that people are simply unwilling to sign up to a streaming platform to watch one or two shows. One of the original appeals of a service like Netflix was that there was a huge range of content all in one place – whether you wanted a documentary, an Oscar-winning film, or an obscure television show from the 1980s, Netflix had you covered. Now, more and more companies are pulling their content and trying to build their own platforms around that content – and many viewers either can’t or won’t pay for it.

Some companies are trying to push streaming platforms that aren’t commercially viable and will never be commercially viable. Those companies need to take a look at Sega and the Dreamcast, and instead of trying to chase the Netflix model ten years too late and with far too little original content, follow the Sega model instead. Drop the hardware and focus on the software – or in this case, drop the platform and focus on making shows.

Some streaming platforms will not survive – and their corporate owners would be well-advised to realise that sooner rather than later.

The Star Trek franchise offers an interesting example of how this can work. Star Trek: Discovery was originally available on Netflix outside of the United States. But Star Trek: Picard and Star Trek: Lower Decks went to Amazon Prime Video instead – showing how this model of creating a television show and selling it either to the highest bidder or to whichever platform seems like the best fit for the genre can and does work.

Moves like this feel inevitable for several of these second-tier streaming platforms. There’s a hard ceiling on the amount of money folks are willing to spend, so unless streaming platforms can find a way to cut costs and become more competitively priced, the only possible outcome by the end of the “streaming wars” will be the permanent closure of several of these platforms. Companies running these platforms should consider other options, because blindly chasing the streaming model will lead to financial ruin. Sega had the foresight in 2001 to jump out of an overcrowded market and abandon a failing business model. In the two decades since the company has refocused its efforts and found renewed success. This represents a great model for streaming platforms to follow.

All films, television series, and video games mentioned above are the copyright of their respective owner, studio, developer, broadcaster, publisher, distributor, etc. This article contains the thoughts and opinions of one person only and is not intended to cause any offence.

The Amazon buyout of MGM is another blow to cinemas

We’ve recently talked about how the pandemic may have a long-term impact on cinema attendance and the box office, with many folks getting used to the convenience and practicality of streaming big blockbusters at home. But it seems cinemas just can’t catch a break, because it was recently announced that Amazon will be buying legendary Hollywood studio MGM.

Make no mistake, this is all about streaming. Amazon Prime Video looks set to benefit greatly from this acquisition, helping the service compete with the likes of Netflix and Paramount+ in terms of films. Though Amazon does have its own film studio, and has had a hand in titles like the Academy Award-winning Manchester By The Sea, most films available to stream via Amazon Prime Video were licensed from other companies. As more and more companies try to launch their own streaming platforms, these licensing deals are increasingly difficult (and expensive) for the likes of Netflix and Amazon, so finding ways to get their own in-house content is hugely important.

Buying MGM will enable Amazon to add a huge library of titles to its Prime Video streaming service.

Netflix has branched out into making more and more of its own original films – for better or worse! But Amazon is one of the world’s largest and most successful companies, having grown massively during the last year, and can throw its money around to buy up studios – and the rights to properties like The Lord of the Rings. We’ve recently seen Microsoft do something similar in the gaming realm, buying up Bethesda and adding that studio’s games to Xbox Game Pass. Amazon is doing the same thing with MGM.

I’ve seen some outlets trying to make the case that this is Amazon further diversifying its business model. What began as an online bookseller in the mid-1990s has grown to sell practically everything and has involvements and holdings in industries as far apart as space technology and baby nappies. But this MGM acquisition is not about diversification. Amazon doesn’t want to break into the film distribution market any more than they’re already involved; they want films, both old and new, to add to Amazon Prime Video for the sole purpose of driving more subscriptions. It’s that simple.

Amazon announced a deal to buy famed American film studio MGM for $8.45 billion.

This is a hammer blow for cinemas and cinema chains already reeling from the pandemic and associated closures and cancellations. We’ve already seen many films that would otherwise have received a theatrical release go direct-to-streaming, and Amazon’s acquisition of MGM comes with the real threat of all future MGM titles following suit. There aren’t many studios the size of MGM, releasing multiple high-budget titles per year, so this is a coup for Amazon.

Upcoming titles like the sequel to Tomb Raider, Legally Blonde III, Soggy Bottom, and House of Gucci would have all been draws at reopened cinemas around the world, but their theatrical releases are now in doubt. And that’s before we even consider one of the biggest upcoming MGM titles (at least from a UK perspective!) No Time To Die, the latest instalment in the James Bond series.

No Time To Die may still manage a theatrical release… or it may not.

It’s not unfair in the slightest to say that British cinemas have been desperately waiting for No Time To Die’s release, as no other upcoming film has quite as much potential to bring audiences back after well over a year of closures, lockdowns, and cancelled titles. Even the mere threat of No Time To Die going direct to streaming is enough to make a lot of people involved in the UK cinema industry very nervous, and I’m not sure we can rely on promises that the film will still meet its planned theatrical release in September – especially if the pandemic causes further disruption in the months ahead.

As I said when Microsoft acquired Bethesda, companies don’t spend these vast sums of money and expect nothing in return. With Amazon making this move to shore up and expand its library of streaming titles, any future MGM release now has the potential to end up on Amazon Prime Video either exclusively or alongside a release in cinemas. Even if imminent titles like No Time To Die meet their theatrical obligations – which will almost certainly be due to pre-existing contracts if it happens – future titles, both announced and unannounced, are almost certain to join Amazon’s streaming line-up. In short, cinemas may get a temporary reprieve from the fallout of this acquisition, but it won’t last much beyond the end of 2021.

Amazon will be expecting a serious return on such an expensive investment – and that’s all focused on streaming.

The way people consume media has been changing for years. The pandemic may have accelerated some of those changes to light-speed, but it isn’t the fundamental cause of a shift in audiences away from cinemas and broadcast television to online on-demand streaming. Just like the pandemic isn’t the root cause of problems with many high street shops, it can’t be blamed for people moving en masse toward an all-digital streaming future. The future of companies like MGM is in the digital space, and unfortunately for cinemas that means fewer films, smaller audiences, and growing irrelevance as bigger titles bypass a theatrical release altogether. Even in the pre-pandemic years, going to the cinema had become, for many folks, an occasional treat rather than a regular outing, and this move is simply a reflection of the changing way in which people choose to watch films.

Amazon’s acquisition of MGM is a big deal, but it’s unlikely to be the last such move as the so-called “streaming wars” look for new battlefields. It isn’t yet clear how many streaming services people are willing to put up with, nor which will ultimately survive, so it seems inevitable that more big studios and distributors will eventually team up with – or be bought out by – other big players in the streaming landscape. None of which is particularly pro-consumer, it has to be said, but then again I’d rather see MGM films go to Amazon Prime Video – a streaming service I already have access to – than wait for MGM to set up their own “MGM Plus” or whatever they would’ve called it!

It’s a serious blow to cinemas in the medium-to-long-term, even if some titles scheduled for this year will still get a full theatrical release. But will audiences really care? As I said last time, the shift away from the cinema had already set in long before the pandemic struck, and with film studios and audiences alike having discovered the many advantages of at-home streaming, it seems like we’ll be seeing a lot more of this type of acquisition or merger in the months and years ahead, with many more films going direct-to-streaming in the very near future. MGM may be one of the biggest so far, but it won’t be the last. Cinema chains and owners are already feeling the effects.

All titles mentioned above are the copyright and/or trademark of their respective owner, studio, company, distributor, etc. This article contains the thoughts and opinions of one person only and is not intended to cause any offence.

Have we seen an unstoppable shift away from the cinema?

One of the consequences of the pandemic has been the long-term closure of many cinemas (movie theaters for my American readers). Aside from a short respite last July and August, most cinemas here in the UK have been shut since March 2020 – for well over a year now. Some, like a local independent cinema near me, have had no choice but to close permanently, even with the end of lockdown seemingly in sight. Even when cinemas are able to reopen, limits on capacity due to social distancing, the general unease among many people about sitting in a room with dozens of strangers with the pandemic still ongoing, and most significantly, the lack of major film releases in the near term will – in my opinion, at least – most likely mean it will be a long time before things are able to get back to normal.

But will things ever get back to normal? That’s the question I want to ask today.

Will empty cinemas be full again one day?

In the early days of the pandemic, most films scheduled for release in spring or summer 2020 were simply postponed; their release dates pushed back by a few months so that they could be released to full crowds when lockdowns were lifted in their key markets. But as the pandemic has dragged on and on, film studios have begun to switch the way they release many big titles – opting to send them to streaming platforms rather than wait.

Without Remorse was originally supposed to get a theatrical release, but premiered on Amazon Prime Video instead. Raya and the Last Dragon went directly to Disney+. Then there are titles like Zack Snyder’s Justice League, Mulan, The Little Things, Godzilla vs. Kong, Bill & Ted Face The Music, News of the World, and Tom & Jerry. Upcoming titles such as Jungle Cruise, Space Jam: A New Legacy, Black Widow, Malignant, and A Quiet Place II are all going to either be released directly on streaming or with a limited theatrical run at the same time as going straight to streaming.

Animated film Raya and the Last Dragon went straight to Disney+ earlier in the year.

Is this a one-time thing, purely caused by the pandemic? And if it is, will audiences be happy to return to cinemas once the pandemic has cleared and they can fully reopen? If you’d asked me in March or April last year, I’d have said yes to both questions without hesitation. But now I’m not so sure.

There are a lot of advantages to streaming compared to going to the cinema, and as more and more people come to see those advantages, the cinema becomes a less-attractive option in contrast. This trend is not new – cinema attendance has declined a lot from where it was a few decades ago, and with the rise of high-quality television series which can rival and even surpass films in many cases, this is a reckoning that cinemas have had coming for a while. The pandemic has accelerated that to light-speed, but the trend has been going in this direction for a while.

Paramount+ is one of many competing streaming platforms that have arguably benefited from the forced closure of cinemas during the pandemic.

So what are the supposed advantages of at-home streaming? The first has to be convenience. Viewers can watch what they want on their own schedule, with the ability to pause a film to take a phone call or go to the bathroom, watching before or after work, or even late at night. It’s possible to watch with subtitles, audio description, director commentaries, and even watch in other languages. Most folks are more comfortable in their own homes than they are in a cinema chair – even the nicest cinema seats aren’t as pleasant as a comfy armchair or couch. There are no distractions from (other people’s) noisy kids, people munching popcorn, or idiots on their phones. You don’t have to sit through half an hour of adverts and trailers to get to the film. If you’re using a phone or tablet it’s possible to watch on the go, or literally anywhere. And some of the things we might’ve considered to be disadvantages a few years ago – such as screen size, resolution, and audio quality – are all easily surmountable even for folks on a limited budget.

Obviously not all of these points apply in every single case, but as a general rule, as screens get bigger and better, the need to watch something in the cinema is dropping. The old adage that a particular film was “better in the cinema” or “made for cinemas” no longer applies in many cases.

Amazon Prime Video have snapped up a number of films that couldn’t get a theatrical release this year – including Without Remorse.

I have a relatively inexpensive 4K television that doesn’t have OLED or HDR or any of those higher-end features, just a bog-standard LED set. But this model, even when I was buying it a few years ago, only started at a 40-inch screen size, with sizes going all the way up to 60″ or 65″. Nowadays, 85″ and 90″ sets are on the market and within reach of many consumers. Sound bars and speakers that put out fantastic quality audio are equally affordable, with prices dropping massively from where they had been when 4K and large screens were new. Even on my cheap and cheerful set, films look great. And if you sit reasonably close, it really does feel akin to being in the cinema – in the comfort of my own home.

It’s difficult, in my opinion, for cinemas to compete on price or quality. Even the more expensive streaming platforms, like Netflix, cost around £10-12 per month. It’s been a while since I was able to go to the cinema – health issues prevent me from doing so – but the last time I was able to go, £10 wouldn’t even stretch to two tickets. For that money you get one month’s worth of access to a massive library of titles – including many brand-new ones and Netflix originals made specially for the platform.

Large, good-quality television screens are increasingly affordable and offer a cinema-like experience at home.

In the late ’40s and ’50s, when my parents were young, going to the cinema was a frequent outing. You’d see an A- and B-movie, as well as perhaps a newsreel or something else, and it would feel like good value. Since the early 20th Century, going to the cinema on at least a weekly basis was a big part of many peoples’ lives – but things have been changing, slowly, for quite a while.

For at least the last couple of decades, going to the cinema is something most folks have viewed as an occasional treat rather than a regular outing. The price and value of a cinema ticket – and the additional extras like drinks and snacks – have shot up in relation to earnings, while at the same time the number of advertisements and trailers have also increased. Though the cinema still has a place in many folks’ lives, that place had been slipping long before the pandemic arrived. In the ’90s and 2000s, the blame for that lay with cable and satellite television channels, including many dedicated film channels. Nowadays, the blame has shifted to streaming.

Netflix has picked up a lot of subscribers in the past year.

Many film studios are keen to play their part in this trend, too. Sharing a big chunk of their profits with cinema chains and operators was never something they were wild about, which is why we’re seeing more and more studios and production companies either partnering with big streaming platforms or else trying to launch their own. Paramount+ exists for this reason, as do Disney+, HBO Max, and many others. These companies don’t care in the slightest about the fate of cinemas – except insofar as they can use them to turn a profit. When the pandemic meant that wasn’t possible, many companies happily jumped ship and released their films digitally instead.

Though I know a lot of people who have told me they’re keen to get back to the cinema as soon as possible, when I probed most of them further and asked how often they would go to the cinema pre-pandemic, or what films they were most excited to see at the cinema next, all of the answers I got back up everything I’ve been saying. Most folks go to the cinema infrequently at best, and while they’ve missed some of the social aspects of the “cinema experience,” they certainly haven’t missed the adverts, loud seat neighbours, and hassle. Streaming, while not as glamorous or exciting in some ways, is a more enjoyable experience in others.

Some people have missed every aspect of being at the cinema… but many haven’t!

I know I have to acknowledge my own bias here. As someone whose disability prevents them going to the cinema, I’d be quite happy if every film I want to watch from now on comes directly to streaming! On a purely selfish level, that’s something I’m fine with. And while I stand by the fact that the trend away from the cinema in a general sense is real and demonstrable, the pandemic probably hasn’t killed the entire concept of the cinema stone-dead. Nor would that be a good thing. Many cinemas offer more than just the latest blockbusters, with classic films, recorded theatre plays and ballet performances, and other such events. In the rural area where I live, the idea of being able to see something like the Royal Ballet is beyond a lot of people due to the distances involved. But local cinemas occasionally show things like ballets, operas, and Shakespeare plays, bringing a different kind of culture and entertainment to the region. Cinemas are also big local employers, and it’s nothing to celebrate when a local business is forced to close.

So most cinemas will eventually re-open. But the question I asked is still pertinent, because I don’t know whether they’ll see pre-pandemic numbers of visitors for a very long time – if at all. The pandemic has forced the hand of film studios and distributors, and the result has been an uptick in the number of subscribers to streaming platforms. Many folks have tried streaming for the first time, and while there will always be holdouts, people who proclaim that it really is “better in the cinema,” I think a lot of people have been surprised at how enjoyable streaming a film at home can be, and how favourably it can compare to the cinema experience.

Many people haven’t missed the “cinema experience” as much as they expected.

A big home theatre setup is no longer necessary. With a relatively inexpensive – but still large – television set and maybe a sound bar or pair of satellite speakers, many people can have a truly cinema-like experience in their own living rooms. And a lot of people who’ve tried it for the first time, prompted by lockdown, may have no plans to return to the cinema any time soon – or if they do, they’ll be making fewer trips.

In my opinion, this is something that has the potential to continue to build over time. As screens continue to improve, and as more people eschew the cinema in favour of staying in, more films will go direct to streaming because companies will see more success and more money in it. Fewer films will end up in cinemas exclusively, so fewer people will go. And the cycle will continue!

Even if I’m wrong on that final point, I do believe that we’ve already seen a slow move away from cinemas in the pre-pandemic years. The pandemic came along and blew the lid off that, and while there will be a return once things settle down, at-home streaming is here to stay. It benefits viewers and companies – the only folks who are going to lose out are the cinema chains themselves. I’m not saying it’s a positive thing necessarily, although it does stand to benefit me in some respects, nor am I advocating for it. But when I look at the way things have been going over the past few years, and add the pandemic’s disruption into the mix, I really do feel that we’re seeing a big move away from the cinema in favour of at-home streaming.

All titles mentioned above are the copyright of their respective studio, distributor, production company, etc. This article contains the thoughts and opinions of one person only and is not intended to cause any offence.

What difference will Paramount+ make to Star Trek?

We’ve known for a few months that CBS All Access is planning a major rebranding as Paramount+ this year, and more details have just emerged. The new service will launch – or should that be re-launch – in March, and will be the new digital home of Star Trek in the United States. Paramount+ is also going international, with launches planned for Latin America, Canada, Australia, and Scandinavian countries all before the summer of 2021.

Paramount+ was made possible by the coming together of the two halves of ViacomCBS in 2019, and in addition to content from American network CBS, the streaming platform will offer shows and films from Nickelodeon (where Star Trek: Prodigy will make its debut soon), MTV, Comedy Central, Paramount Network, and most significantly, films released under the Paramount Pictures brand.

Films from Paramount will be a big part of the new service.

Licensing rights are complicated, though, and with many shows and films contracted to Netflix, Amazon Prime Video, etc. it seems likely that Paramount+ won’t have everything in its library immediately available in every country and territory. Star Trek: Discovery, for example, looks set to remain on Netflix outside of the United States – even in countries where Paramount+ will operate – at least in the short-to-medium term.

There was no mention of a UK launch for this new service, which from a personal point of view is a bit of a double-edged sword! On the one hand I’m disappointed that we aren’t being prioritised by ViacomCBS for this new service, but on the other hand I’m already subscribed to Netflix and Amazon Prime Video for my Star Trek shows (as well as Disney+) and I don’t exactly relish adding a new streaming platform to my monthly bills!

Hopefully a UK launch isn’t too far away.

And that encapsulates the challenge facing Paramount+. Since CBS All Access launched in the United States in 2017, most people I’ve spoken to or heard from either aren’t subscribed at all or only subscribe for a few weeks to see whichever show they’re interested in, then cancel their subscription when the season ends. Netflix offers a huge library of content such that many people are content to have a year-round subscription – will that be true of Paramount+?

The name Paramount carries a certain gravitas, far more so internationally than CBS, which as an American network is not particularly well-known overseas. The addition of shows from the likes of Nickelodeon, Comedy Central, MTV, etc. as well as Paramount’s extensive back catalogue of films does make it seem like an appealing package – but is that good enough?

One of the promises made by Paramount+.

There are a lot of streaming platforms competing for attention in the current market, so much so that we’re in an era dubbed the “streaming wars.” People who cut the cord and stopped paying for cable or satellite television did so to save money first and foremost, as well as to watch what they wanted on their own schedule. Expecting viewers to pick up half a dozen or more subscriptions pushes them back into cable television-scale costs, and for many it just won’t be worth it to pick up a second-tier service like Paramount+, especially if they already have Netflix or one of the bigger services.

However, ViacomCBS is clearly going all-in with Paramount+, and a wider international rollout looks likely, as well as taking back shows and films that are currently available elsewhere. As Paramount+ grows its library of content, both with new shows and films and by returning its older content to the platform when contracts and licenses lapse, it has the potential to be a pretty big and interesting service – certainly bigger than the likes of Apple TV+, which has to rely entirely on brand-new programming due to having no back catalogue.

SpongeBob SquarePants is one of the famous series that is coming to Paramount+.

Decades worth of films and television shows broadcast across multiple channels could be Paramount+’s ace in the hole. There’s a trend for nostalgia and returning to classics of the past – which is a big part of why Star Trek is back in the 2020s – so with that in mind, many people will be at least a little interested to see what else Paramount+ has to offer.

Paramount+ will need a well-designed user interface and a decent marketing push, but I feel the name, branding, and greater library of content are all appealing and will bring in an audience. It can take time for a streaming service to both establish itself and become profitable, so as long as ViacomCBS is willing to make the investment and give it time to pay off, hopefully the platform will at the very least become stable as time goes by.

The Paramount+ logo. Better get used to seeing it!

The rebranding is a risk in a way, and its international rollout may mean in the longer term that some Trekkies who had access to Star Trek elsewhere may lose that access as rights and licenses change. But anyone who wants to watch the various upcoming Star Trek productions will know that Paramount+ is the place to do so, and I guess that’s a good thing.

If Paramount+ were coming to the UK I would sign up, and although it will be an expense it’s one I’m happy to absorb if it means more Star Trek! The business people who own and operate the Star Trek brand decided years ago that pushing their own streaming service was the way to go, and while we can debate the merits of that versus the option of just producing shows and selling them to the likes of Netflix, it has resulted in the broadest and most varied lineup of Star Trek productions ever – something I do appreciate.

So I wish Paramount+ well. Hopefully it will be the home to Star Trek productions new and old for a long time to come, and the catalyst for continuing to expand the final frontier into new live-action shows, animated series, miniseries, and feature films. Please bring Paramount+ to the UK soon… and while you’re at it, this is a great excuse to finally remaster Deep Space Nine and Voyager – doing so would surely bring in viewers who loved those shows during their original runs.

Paramount+ will launch in the United States on the 4th of March 2021. Launches in other countries and territories are already planned for early- and mid-2021. The service will be the new digital home of Star Trek. Paramount+, the Paramount logo, and all titles mentioned above are the copyright of ViacomCBS. This article contains the thoughts and opinions of one person only and is not intended to cause any offence.

There’s no easy answer for film studios and cinemas right now

To perhaps nobody’s real surprise, three big films have recently announced delays: No Time to Die, Dune, and The Batman. With the coronavirus pandemic clearly not dying down any time soon – at least in the west – studios quite rightly feel that releasing their titles this year or even early next year won’t bring in audiences and won’t make enough money. They’re not wrong in that assessment; many people I know here in the UK would be uncomfortable visiting a cinema in person, even if the law or guidelines say that doing so is allowed. It’s going to take time – and, perhaps, a widely-available vaccine – for that mindset to change.

Over the summer, the UK government ran a scheme called “eat out to help out.” If you’re unfamiliar with it, the programme offered diners a 50% discount (up to a maximum of £10 per head) at participating restaurants. The goal was to encourage people anxious about the ongoing pandemic to get back into restaurants and, frankly, save the industry from collapse. It was successful, at least partially, with participating restaurants reporting increased takeup. However, such schemes are temporary, and there’s no way the government could run something like that for every impacted industry.

Cinema bosses have denounced decisions to delay releases – or, in the case of titles like Mulan – send titles directly to streaming platforms. Without big blockbuster releases, there’s no way to entice cinema-goers back, and the entire industry is on the brink. Cineworld, one of the world’s largest cinema chains, has announced it will close all of its US and UK sites until further notice – putting 45,000 people out of work. This is the real impact of the pandemic, and the longer it goes on, the worse it’s going to get.

Dune (2020) has been delayed.

There’s no “eat out to help out” equivalent coming to cinemas. The industry is on its own to handle the fallout from the pandemic – as are so many others – and there’s no easy fix. Until the public at large have confidence that it’s safe to go out, that it’s safe to sit in a big room with a couple of hundred strangers, there’s nothing that can be done. Even the release of Tenet in August failed to bring in sufficient numbers of viewers to make running a cinema financially viable. At this rate, the highest-grossing film of 2020 will remain Bad Boys for Life. Nobody would have predicted that in January!

I can understand from the cinemas’ perspective that film studios aren’t behaving appropriately. Cinemas and film studios are two parts of a greater whole, yet the studios have unilaterally acted to pull their films, either delaying them or sending them directly to streaming. And I can understand why that’s going to sting. Where there could have been a coming together, it feels like the bigger companies are acting selfishly; it’s everyone for themselves instead of a sense of community and togetherness.

And ultimately that’s going to make things more difficult. We’ve already seen Odeon, another large cinema chain, pledge to stop showing films from Universal Pictures in retaliation for Universal making Trolls World Tour a streaming-only title. As I wrote when looking at Mulan’s release on Disney+, if every cinema chain were to come together and announce a boycott of companies that acted this way, they could effectively prevent the release of any film they chose. There’s power in working together, but ultimately the question will be: who has that power?

Mulan (2020) went straight to Disney+, upsetting cinema chains worldwide.

Film studios clearly see streaming as a viable option. As television screen technology continues to improve – and as screens get larger – the adage that a particular film was “better in the cinema” doesn’t ring true for a lot of people any more. In some ways, the move towards streaming is something we can absolutely argue was coming anyway; like with many things, the pandemic may have accelerated the move, but it didn’t fundamentally cause it. Titles like Annihilation and the critically-acclaimed The Irishman began production with the intention of a theatrical release, but circumstances changed and they ended up going to Netflix instead.

Streaming titles have also been nominated for top awards, and when a film is released digitally nowadays, it’s become so commonplace that it scarcely gets a mention in reviews. When people of my parents’ generation were young, going to the cinema was at least a weekly outing, and not only was there an A- and B-movie but you’d probably also get a newsreel too. Those days have gone, and for increasing numbers of people pre-pandemic, the cinema was an occasional treat rather than a regular one. Attendance has been steady, but the likes of Netflix, Amazon, Disney+, and big-budget television series like Game of Thrones have slowly been eroding the need for cinemas. In short, if cinemas try to pick a fight with film studios over digital releases, I think they’ll likely lose.

But for film studios it’s not as clear-cut. Selling an already-made film to the likes of Netflix is a complicated undertaking. Netflix wants to make sure any purchase is going to be worth its while, and the gold standard is whether a title will bring in new subscribers. As a result, I think it’s not unfair to say that a lot of films would likely make more money at the box office than on a streaming platform. That’s why Mulan costs $30 instead of being available to anyone with a Disney+ account; Disney wants to make as much of the film’s budget back as possible.

Bringing a film to Netflix – or any streaming platform – is not straightforward and will not make as much money, in most cases, as a theatrical release.

Making a film is an expensive project, and the vast majority of any title’s money is made at the box office, not through streaming or sales. If film studios were to move to streaming-only releases, a lot of things would have to change. Budgets may have to fall in some cases, which would not only be to the detriment of the quality of films, but would also put more people in the industry out of work.

As I said at the beginning, there is no easy answer. Streaming is a short-term solution that may be viable for some projects, but certainly can’t replace the revenue of a full theatrical release for most titles. Mulan was a test case, but as a film that has received mixed reviews at best, it perhaps isn’t the best example for studios to look to. And besides, most film studios don’t have their own streaming platforms, meaning they have to negotiate with the likes of Amazon or Netflix to put their titles out.

One thing that history teaches us about the longer-term effects of a disaster on any industry is that things do eventually get back to normal. If one big cinema chain were to go out of business this year, within five years or so most of its empty cinemas will have been bought up and reopened by some other company. The desire for going to the cinema may not be present right now, but it will largely return when the pandemic is brought under control. At least, that’s the way I see it. Streaming has already been disruptive, but there’s still a sense of enjoyment in going to the cinema, and from the point of view of studios, streaming is far less profitable. That means that as soon as they can, film studios will want to encourage people to get back to the cinema.

How long the pandemic will continue to drag on, and how long studios and cinema owners can hang in there are the big questions right now. And unfortunately those are the same questions people are asking across many different sectors of the economy. When the pandemic is brought under control – and it will be, sooner or later – how many businesses will have survived? And how long will it take to rebuild? From the point of view of films, are we about to enter a “dark age” where budgets and quality drop? I don’t have a good answer to any of these questions. Only time will tell.

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