The streaming services - and a lot of Internet Age businesses - started up in an environment with low interest rates.
It's all about cheap capital, and burning-tbrough it in a dash establish a working business and grow: and a stable revenue stream is a long way down the priority list.
I'm not sure how merging will work for the streaming services I use - I am kinda OK with paying under a tenner a month for three different services, but I think it would hit differently if it cost £30 for a combined one. Which may be daft but I bet a lot of consumers are the same.
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It's all about cheap capital, and burning-tbrough it in a dash establish a working business and grow: and a stable revenue stream is a long way down the priority list.
Or rather, it used to be.
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