Subscription-based streaming video services worldwide spent nearly $50 billion on content in 2021, an uptick of 20% from last year, according to new data released by research firm Ampere Analysis. When compared to content spending figures in 2019—before streaming usage saw a boom as a result of people stuck at home during the early stages of the pandemic—subscription streaming services’...
Subscription Streaming Video Content Spending Approaches $50 Billion in 2021
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What do Good Eggs, a startup that delivers $4.99 broccoli bunches, and Tonal, a fitness startup that sells $3,995 exercise equipment, have in common—other than a business model subsidized by venture capital? They’re both engaged in a painful type of financing known as a “cram down.” If you grew up in the era of easy money, ultralow interest rates and 100 times multiples, it’s possible you’...
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