Over the past few months, many streaming companies have eliminated some of their own shows from their libraries to help save the companies money.
HOLLYWOOD -- Actor Diana-Maria Riva is all too familiar with one of her shows being canceled. For a performer, it's a painful, unfortunate part of show business.In December, Riva was floored when she found out that"Gordita Chronicles," her recently canceled family comedy, would be removed from HBO Max's vast streaming library — one of dozens of shows that HBO last year effectively wiped from existence for U.S. viewers.
Streaming companies offer this defense: They never promised that shows would live forever. In a hyper-competitive, changing market, they say, each streamer is trying to balance ample offerings with sheer survival.Amid the downturn in the tech and media industries, streamers are being pushed to cut spending and turn a profit rather than"chasing growth at all costs," media analyst Dan Rayburn says.
Some of those shows have found new homes. For those that haven't, including"Gordita Chronicles," the effects of their disappearance are widespread. Potential viewers might never have a chance to discover it. Actors and writers no longer know whether their work will be seen again. And the original streamer no longer has to pay residuals.
"The idea that everything a company produces will be in one spot forever and ever, for $15 a month, for eternity, is a relatively new concept," Bloys said."$15 a month is going to cover everything for the rest of time? It's a nice idea, but it's not viable."The shifting landscape has alarmed creatives who have already seen their residuals dwindle over the years.
"In case y'all are wondering why a WGA strike may be impending, my first residual check for the broadcast show I wrote on was $12,000. I just got my first residual check for my streaming show… $4," screenwriter Kyra Jones tweeted.
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