Decline of Pay-TV Industry and Rise of Streaming Services

The pay-TV industry lost 1.6 million subscribers in the second quarter of 2024 and is projected to continue declining. The shift to streaming services is attributed to the excessive costs and bundling of unwanted channels in cable and satellite TV packages.

Jimmy Kimmel Criticizes Disney and Streaming Services

Jimmy Kimmel criticized Disney CEO Bob Iger and the company's streaming strategy during an upfront presentation, mocking the bundling of services and calling it an 'enormous ad-supported streaming pile of shit.' Kimmel also made jokes about other streaming platforms and Tucker Carlson.