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The State of Streaming in 2022: The Decline of Netflix, the Future of HBO Max, and More!

of IGN streaming state We’re back for our 4th annual check-in to do all the streaming. Check out the livestream kickoff event in the video above. We have exclusive interviews, clips and insights from the people behind your favorite streaming shows. Justin Roiland talks about working with Hulu on Solar Opposite and all of his latest shows. House of the Dragon composer Ramin Djawadi We look at HBO Max and a career full of streaming, game music, and more.

As IGN’s State of Streaming 2022 draws to a close, it’s time to reflect on this crazy year in the entertainment world. Warner Bros. Discovery Cancels Batgirl, Netflix lost about 1 million subscribersand two big-budget epic fantasy series airing simultaneously.

Being a consumer of popular culture in 2022 is both fun and confusing. But what does all of this mean for the future of the industry? And will these changes in the streaming landscape dampen entertainment consumption? And read on to see where each of the major streaming platforms ranks on the list.

Will Netflix’s reign as the streaming king come to an end?

*The number of members is rounded off to the nearest whole number.

*The number of members is rounded off to the nearest whole number.

Based on the sheer number of subscribers shown in the chart above, Netlflix is ​​still winning the streaming wars. But the streaming giant’s 220.67 million users don’t tell the whole story, especially as he lost nearly 1 million subscribers in the second quarter of this year. In comparison, Disney+ has 7.9 million subscribers Closed the gap with 152.1 million users in the first three months of 2022. So, is Netflix’s heyday really over? To find out more, we spoke to CNBC Tech Reporter Alex Sherman.

Netflix is ​​actually nearing the limits of its growth here, or may have already peaked.

“Netflix investors have given up on this idea that the more Netflix spends, the more subscribers it will have worldwide. , investors don’t think that’s all, I think what investors think is what Netflix used to say, there’s a total of up to 800 million addressable markets in the world The general idea is that the number is probably much lower than that. They may be nearing a ceiling, or perhaps they have already peaked.

Sherman’s references to ‘ceilings’ and ‘peaks’ are key to a better understanding of what’s happening at Netflix, and what may ultimately happen to Disney+ and HBO Max. FX boss John Landgraf, famous for his “State of the Union” speech at the Television Critics Association press tour, echoed Sherman’s view.

“2022 will be the high point, which will be the peak of the ‘peak TV’ era,” said Landgraf. While not mentioning his services individually, Landgraf highlights the fact that there were 559 original scripted series. 2021 (he’s up 5% from 2020), with more shows slated for 2022. It’s important (and obvious) to note that neither Landgraf nor I can see the future. .streaming market, etc. Netflix subscribers surge to 10 million in early 2020, It’s likely the end. There are too many TVs for everyone to see…or are there?

Exploring the Future of Feige and HBO Max with Warner Bros. Discovery

After the turmoil surrounding Warner Bros. Discovery’s shelving of the upcoming Batgirl movie, reports began circulating that: The studio set its sights on producer Dan Lin (The Lego Movie, Godzilla: King of Monsters) will be the DC Chief of the new company. With a slew of superheroes at his disposal, including Batman and Superman, he might look glamorous while ruling the DC Universe. Even if there are lucrative deals on the table, some jobs just aren’t worth the load.

CNBC’s Alex Sherman told IGN, “I thought he was going to get paid pretty well.” So, in his mind, I think this opportunity had to be a very good one on every level to let go of what he already really loved… getting fired or It’s very different from a free agency executive who has been laid off and is looking for a new job. “

Warner Bros. Discovery’s quest kicks off Feige’s equivalent anew, and with the future of the DC Universe up in the air and without a steady hand to guide the ship, we know that HBO and its streaming platform, HBO Max, have arrived. I feel safe. good hands.

Less provocative than the Batgirl news, Warner Bros. Discovery CEO David Zaslav also provided an update. HBO creative chief officer Casey Bloys signs new five-year deal HBO and HBO Max. If Bloys’ name doesn’t ring a bell, here’s why you can (probably) rest easy. Emmy Juggernaut Quality will not deteriorate anytime soon. Since becoming his chief of programming at HBO in 2016, Bloys has overseen the development of his Game of Thrones, True Detective, Succession, and House of the Dragon.

Will there be more billion-dollar shows like The Rings of Power?

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With the launch of The Lord of the Rings: The Rings of Power on Amazon Prime Video, you can now stream the most expensive TV show ever produced. It’s gorgeous and pretty funny to boot.But spending Reported $750 million to $1 billion in one TV season Does it improve your chances of winning the streaming wars? And how long will the big spending last? Netflix’s The Crown may look meager compared to the Disney+ and HBO Max budgets above , Netflix still plans to spend $17 billion a year on content.

If HBO Max gets a sizable bump from House of the Dragon, it pays for House of the Dragon

“I think the answer to that will depend on what we see in terms of subscriber growth next year,” Alex Sherman explains of the amount spent and subscriber growth. If Max makes a good profit from House of the Dragon, it will pay for House of the Dragon, and what we’ll see is: I mean there’s still that same rush to the tentpole franchise, big bucks of money, that can be turned into both movies and TV series.It’s the middle class that’s seeing the cost savings. and movies don’t get the chance, I think the A-plus series will have an arms race between HBO, Apple, Amazon, and Netflix.

It’s important to remember that studios like Warner Bros. Discovery, Peacock, and Netflix rely heavily on the success of their respective platforms compared to Apple TV+ and Amazon Prime Video. The latter two of his streamers have endless income to fall back on when the streaming wars go awry. for example, Apple is the world’s most valuable company at $2.4 trillion, Amazon is a few orders of magnitude below that at $1.15 trillion. What’s the point in him spending $1 billion on his one season of TV when it’s worth trillions of dollars?But Amazon and Apple aren’t stupid (in our opinion), You will avoid throwing money aimlessly.

Which streaming platform is the best, according to IGN?

We’ve taken a look at most of the major streaming platforms to see how they’ve kept up with the competition in 2022. As you can see from the chart above, Netflix is ​​still king of the streaming wars, not just in total subscribers. But also thanks to a robust library of original content and a sleek, easy-to-navigate best-in-class user interface. You can find links to all streaming service reviews below.

One of the most fascinating aspects of revisiting all these streamers is discovering how mature they have become. My personal “Most Improved Streamer” award goes to Apple TV+. First called Apple’s venture into the world of streaming. “Medium”, score of 5.5/10However, in 2022 Apple has one of the best platforms in its heartwarming series, such as Ted Russo mind-bending dramas like retirementOf all the streaming service reviews in 2022, Apple made the biggest leap in terms of scores.

After all, you really can’t Make a bad choice by subscribing to any of the major platforms.Each has its strengths and weaknesses, but there are incredible shows like Netlfix stranger things When Sandman to HBO Max House of the Dragon When Inheritance to prime video the boys When Reacher to Hulu bear When old man, there are almost endless entertainment options to consume. Sit back and enjoy your binge! The State of Streaming in 2022: The Decline of Netflix, the Future of HBO Max, and More!

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