Summary of “Streaming TV is about to get very expensive”

The most watched show on US Netflix, by a huge margin, is the US version of The Office.
Even though the platform pumps out an absurd amount of original programming – 1,500 hours last year – it turns out that everyone just wants to watch a decade-old sitcom.
Things are just about manageable – if you have a TV licence, a Netflix subscription, an Amazon subscription and a Now TV subscription, you are pretty much covered – but things are about to take a turn for the worse.
The former Disney chairman Jeffrey Katzenberg is about to launch a platform called Quibi, releasing “Snackable” content from Steven Spielberg and others that is designed to be watched on your phone.
Watching television is about to get very, very expensive.
There’s a huge difference between not being able to watch everything because there’s too much choice and not being able to watch everything because you don’t have enough money.
Netflix didn’t become a monster because people wanted to watch a specific show; it became a monster because people wanted to watch everything.
When its streaming platform launched, people were spending more than £15 just to watch a single season of a show on DVD. So to be able to watch every season of a show – and every season of hundreds of others of shows – for a fiver a month was revolutionary.

The orginal article.