An anonymous reader shares a report: If you've been mindlessly scrolling through streaming services and have been feeling even less enthused than usual, you may not be entirely to blame: almost all major US streamers have been cutting their original TV output this year, according to new analysis (paywalled) from Variety. From content monolith Netflix, which released 203 original shows in the first half of 2023 compared with 174 in H1 '24, to Disney+, which has halved its already-slim original TV library as it continues an apparent shift to quality over quantity, shrinkage has hit the streaming world hard. Indeed, of the 8 major streamers Variety studied from Luminate data, only Max and Peacock maintained their output level year over year. All told, the number of original seasons fell 19% at the 8 streamers tracked.

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An anonymous reader shares a report: We're at a transitional moment in streaming -- user growth is slowing and major players are looking to consolidate, but the long-promised dream of profitability finally seems within reach (especially if you're Netflix). The perfect time, then, for The New York Times to interview many of the industry's big names -- including Netflix co-CEO Ted Sarandos, Amazon's Prime Video head Mike Hopkins, and IAC chairman Barry Diller -- about what they think comes next. There seemed to be broad agreement on most of the big themes: More ads, higher prices, and fewer big swings on prestige TV. These changes are all united by the shift towards profitability, rather than growth-at-all-costs. If the initial prices of many streaming services seemed unsustainably low at launch, it turns out they were -- prices have been steadily rising, while the streamers have also introduced more affordable subscription tiers for viewers who are willing to watch ads. In fact, some execs told The Times that streamers will keep raising prices for the ad-free tiers with the aim of pushing more customers to sign up for ad-supported subscriptions instead. The growth of ad-supported streaming could also affect the kinds of movies and shows that get produced, since advertisers generally want to reach a mass audience -- think of the heyday of ad-supported network TV, with its endless shows about doctors and cops, compared to the more ambitious fare on subscription-supported HBO.

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