The report suggests these assets would be “better positioned as a consolidated, linear-focused vehicle with scale benefits that can drive affiliate and advertising negotiation as well as synergies.”
kinda reads like they’re becoming a boring tv channel.
i’m paraphrasing but this article is pretty much saying “let’s just ditch all original content & rely on syndication of older shows the younger generations don’t give a shit about & also keep a focus on advertising revenue.”
I mean younger folks don’t generally have cable anyways, and Comedy Central and MTV have relied on cheap programming like reruns and reality tv for at least 15 years
For like a decade they took over the role of producing comedy specials when HBO got out of the game, but that niche seems to have been filled by Netflix recently.