this post was submitted on 22 Sep 2023
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ATT owns HBO (HBOMAX). They're merging with Warner Bros and Discovery (owns Discovery+). Hulu is now majority owned by Disney after Disney purchased 21st Century Fox, but was originally established by News Corporation and NBC Universal (owned by Comcast). Comcast also owns Peacock streaming through NBC.
Basically all of the Netflix competitors had cable companies dive into them to do a quick name change and reclaim their market share. It's also when Netflix lost most of its library, because they pulled all of the licensed content they could to their own platform. Disney+ was one of the few non-cable services, with even Paramount+ being owned by Paramount Global (CBS Entertainment Group), which is the cable arm of Paramount Pictures that owned everything from BET Networks to Comedy Central and Showtime.
At this point, streaming services are literally just cable with a paint job.
Ah I didn't realize that many cable companies bought all the platforms
Yeah, I'd never liked Hulu because Comcast was behind it, and I will forever hate Comcast, but the enshittification of streaming services is essentially an intended return to the structure of cable packages.