Pea-Max? Para-flix? Regardless of what portmanteau they might end up with, odds are good that streaming services are going to spend a bit of time merging in 2024. Warner Bros. Discovery and Paramount were already talking about it at the end of last year, continuing the trend that started when WarnerMedia and Discovery merged in the first place. After years of Everybody Has a Streaming Service, that plethora of streaming video apps is getting pared down as people start making tough decisions about which streamers are actually worth it. If ad-supported models, password-sharing crackdowns, and cancellations don’t turn streamers into profit powerhouses this year, consolidation might, and the results look awfully boring.
Visit Wired to read this article.