Warner Bros. Discovery is releasing full-length, classic movies on their free, ad-supported YouTube channels like "WB Movies" and genre-specific hubs. This strategy aims to monetize their vast film library content that isn't performing well on streaming services. By utilizing YouTube's existing audience and ad infrastructure, they can generate revenue from these older films without the costs associated with maintaining their own streaming platform or licensing deals. This also allows them to experiment with different ad formats and potentially drive traffic to their Max streaming service by showcasing their library's depth.
After 75 years, the Society for Technical Communication (STC) is permanently closing, effective July 15, 2024. Facing declining membership and revenue, the organization's Board of Directors determined it could no longer sustain operations. STC will cease all activities, including its annual summit, publications, and certification programs. The organization expressed gratitude for its members and their contributions to the field of technical communication.
HN commenters lament the closure of the Society for Technical Communication (STC), expressing surprise and sadness at the loss of a long-standing organization. Several speculate on the reasons for the closure, citing declining membership, the rise of free online resources, and the changing nature of technical communication. Some question the STC's relevance in the modern landscape, while others highlight its historical importance and the valuable resources it provided. A few commenters express hope that another organization will fill the void left by the STC, preserving its archives and continuing its mission of advancing the field of technical communication. Some users discuss their personal positive experiences with the organization. One notes a large amount of student debt held by the organization.
Summary of Comments ( 417 )
https://news.ycombinator.com/item?id=42949181
Hacker News commenters discuss several potential reasons for Warner Bros. Discovery's strategy of releasing free, ad-supported movies on YouTube. Some suggest it's a way to monetize their back catalog of less popular films that aren't performing well on streaming services. Others posit it's an experiment in alternative distribution models, given the ongoing challenges and costs associated with maintaining their own streaming platform. The possibility of YouTube offering better revenue sharing than other platforms is also raised. Several commenters express skepticism about the long-term viability of this strategy, questioning whether ad revenue alone can be substantial enough. Finally, some speculate that this move might be a precursor to shutting down their existing streaming services altogether.
The Hacker News post discussing Warner Bros. Discovery's strategy of releasing older movies on YouTube generated a moderate number of comments, primarily exploring the potential motivations and implications of this move.
Several commenters focused on the financial aspect. Some suggested that Warner Bros. Discovery might be prioritizing short-term revenue generation from YouTube ads over potential long-term gains from licensing or other distribution methods. They speculated that the company might be facing financial difficulties and is looking for quick cash flow. Others pointed to the declining value of older movie catalogs and the potential for YouTube to provide a wider audience reach than smaller streaming services or other licensing agreements. The idea of exploiting existing resources to generate revenue with minimal effort was also raised.
A few comments touched on the legal and copyright implications. One user questioned the implications of Warner Bros. Discovery seemingly owning both the movies and the platform (via their ownership stake in Roku, which offers the YouTube app) and how that relates to antitrust considerations, although this wasn't discussed in depth.
Some commenters saw this move as a positive for consumers, providing free and easily accessible entertainment. Others were more skeptical, raising concerns about potential impact on other distribution channels and the long-term implications for the film industry.
A couple of commenters brought a more technical perspective, discussing the quality of the uploads and whether this move suggests a shift in Warner Bros. Discovery's digital strategy. One comment mentioned the contrast between the relative low quality of the YouTube uploads compared to better quality copies potentially available elsewhere.
The most compelling comments revolved around the financial motivations behind this move. The discussions about short-term vs. long-term revenue strategies and the decreasing value of older movie catalogs were particularly insightful, offering different perspectives on the potential calculations Warner Bros. Discovery might be making. The discussion, while not extensive, provided a good overview of various possible reasons for the shift to YouTube distribution.