{"id":1696987,"date":"2022-10-15T06:30:15","date_gmt":"2022-10-15T10:30:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1696987"},"modified":"2022-10-16T18:34:21","modified_gmt":"2022-10-16T22:34:21","slug":"crackle-parent-company-ceo-warns-against-streaming-industrys-focus-on-content-over-profit","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crackle-parent-company-ceo-warns-against-streaming-industrys-focus-on-content-over-profit\/","title":{"rendered":"Crackle Parent Company CEO Warns Against Streaming Industry\u2019s Focus On Content Over Profit"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcrackle-parent-company-ceo-warns-against-streaming-industrys-focus-on-content-over-profit%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1696987&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>In the opinion of Chicken Soup for the Soul Entertainment CEO Bill Rouhana, the streaming industry is headed for outright disaster unless it readjusts its focus from flooding viewers with content to making a profit.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-185252\" class=\"size-full wp-image-185252\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87a02c21.jpg\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87a02c21.jpg 1920w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87a02c21-300x169.jpg 300w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87a02c21-1340x754.jpg 1340w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87a02c21-768x432.jpg 768w\" \/><\/p>\n<p id=\"caption-attachment-185252\" class=\"wp-caption-text\">Source: Dead Rising: Endgame (2016), Crackle<\/p>\n<p class=\"cb-post-title\"><strong>RELATED: <a href=\"https:\/\/boundingintocomics.com\/2022\/10\/04\/warner-bros-confirms-velma-as-lgbt-in-new-halloween-movie-trick-or-treat-scooby-doo\/\">Warner Bros. Retcon Velma As LGBT In New Halloween Movie \u2018Trick or Treat, Scooby-Doo!\u2019<\/a><\/strong><\/p>\n<p>Rouhana, whose company currently holds such relevant services as Crackle and Redbox and is described by Deadline as \u201cthe largest player in ad-supported streaming that is not owned by a major tech or media entity\u201d, spoke to his thoughts on the streaming industry\u2019s health during <a href=\"https:\/\/deadline.com\/2022\/10\/bill-rouhana-ceo-crackle-chicken-soup-for-the-soul-netflix-disney-roku-redbox-wall-street-streaming-1235142389\/\">a recent interview<\/a> with the aforementioned entertainment trade news outlet.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-185255\" class=\"size-full wp-image-185255\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/2022.10.14-03.35-boundingintocomics-6348d8e815169.jpg\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/2022.10.14-03.35-boundingintocomics-6348d8e815169.jpg 1920w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.35-boundingintocomics-6348d8e815169-300x169.jpg 300w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.35-boundingintocomics-6348d8e815169-1340x754.jpg 1340w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.35-boundingintocomics-6348d8e815169-768x432.jpg 768w\" \/><\/p>\n<p id=\"caption-attachment-185255\" class=\"wp-caption-text\">Source: SuperMansion (2015), Crackle<\/p>\n<p>Opening their time together by establishing his authority on the topic of the streaming business, the CEO recalled to Deadline that though Redbox\u2019s \u201cheadline number of [being] $330 million in debt\u201d at the time of its acquisition \u201cscared the daylights out of Wall Street,\u201d it actually \u201cwas totally understandable but not really right when you understood the details.\u201d<\/p>\n<p>\u201cSo, the knee-jerk reaction was, \u2018What are you doing?!\u2019,\u201d he recalled, \u201cBut the more refined and thoughtful reaction was, \u2018Well, wait a minute now. If you are actually right about this and if, in fact, instead of having 13 theatrical releases hit your Redboxes in the third quarter, you have 32 or 37 in the fourth quarter, and your revenue is commensurate with that, oh my goodness, that\u2019s a great business. That\u2019s a fantastic, free-cash-flowing business that makes a lot of money for you and we\u2019ve undervalued your company.\u2019\u201d<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-185253\" class=\"size-full wp-image-185253\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87fec1be.jpg\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87fec1be.jpg 1920w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87fec1be-300x169.jpg 300w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87fec1be-1340x754.jpg 1340w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d87fec1be-768x432.jpg 768w\" \/><\/p>\n<p id=\"caption-attachment-185253\" class=\"wp-caption-text\">Source: Dead Rising: Endgame (2016), Crackle<\/p>\n<p class=\"cb-post-title\"><strong>RELATED: <a href=\"https:\/\/boundingintocomics.com\/2022\/10\/03\/warner-bros-discovery-being-sued-for-inflating-hbo-max-subscriber-numbers-by-ten-million-users\/\">Warner Bros. Discovery Being Sued For Inflating HBO Max Subscriber Numbers By Ten Million Users<\/a><\/strong><\/p>\n<p>Rouhana then explained that this success was anchored in the fact that \u201cWe know what people like to rent at the kiosk, we know what people like to buy on TVOD, FAST, AVOD.\u201d<\/p>\n<p>\u201cIf we can knit that together in a way that\u2019s value-added for our viewers and learn how to serve them a home page that\u2019s filled with stuff that\u2019s in the categories they\u2019ve shown they like, then we might have done something of great value,\u201d he said.<\/p>\n<p> <img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-185254\" class=\"size-full wp-image-185254\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d88370953.jpg\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d88370953.jpg 1920w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d88370953-300x169.jpg 300w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d88370953-1340x754.jpg 1340w, https:\/\/boundingintocomics.com\/wp-content\/uploads\/2022\/10\/2022.10.14-03.33-boundingintocomics-6348d88370953-768x432.jpg 768w\" \/><\/p>\n<p id=\"caption-attachment-185254\" class=\"wp-caption-text\">Source: SuperMansion (2015), Crackle<\/p>\n<p>Offering up a comparison of his business philosophy with that of the overall industry, the 70-year-old CEO turned to his services\u2019 most comparable rival, Roku, and asserted, \u201cThe Roku guys, I feel like they\u2019ve missed the point.\u201d<\/p>\n<p>Instead of putting all of their time and energy into producing original content, Rouhana believes Roku \u201creally needs to develop the same things we\u2019ve been building \u2013 distribution capabilities globally, the ability<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the opinion of Chicken Soup for the Soul Entertainment CEO Bill Rouhana, the streaming industry is headed for outright disaster unless it readjusts its focus from flooding viewers with content to making a profit. Source: Dead Rising: Endgame (2016), Crackle RELATED: Warner Bros. Retcon Velma As LGBT In New Halloween Movie \u2018Trick or Treat, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1696989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[],"class_list":["post-1696987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1696987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1696987"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1696987\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1696989"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1696987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1696987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1696987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}