Most home viewers sit blissfully unaware of the silent war raging between household name streaming platforms like Netflix, Apple, Hulu, and Disney. Despite a $4.5B production budget, Apple is losing $1B annually on its streaming service. No matter how much money is thrown into new shows or streaming licenses, providers seem to be neck-and-neck, and barely profitable, while fighting for subscription dollars.
Abdul Haleem, Head of Business Development – APAC with Accedo.tv, global experts in streaming solutions and software, weighs in on the streaming war, noting that very few players will emerge profitable in the midst of intense competition and ever changing user preferences.
