The streaming industry is entering a decisive new phase. After years of rapid expansion and subscriber land-grabs, growth is plateauing and Wall Street expectations have shifted from scale at any cost to sustainable profitability and durable revenue growth. Investors now prioritize margin expansion, free cash flow and disciplined capital allocation over raw subscriber additions.

In response, media companies are reshaping their streaming models to compete in a tougher environment. The reset is not just about driving new revenue, but also about improving cost structures. Companies are aggressively pursuing operational savings while protecting scale and engagement.

Key strategic pivots include:

• Expanding revenue streams beyond pure subscription growth
• Growing ad-supported tiers to widen audiences reach
• Emphasizing live events and programming to drive retention
• Leveraging AI for smarter content discovery and personalization
• Deepening bundling strategies to reduce churn
• Rationalizing content spends and improving operational efficiencies
• Consolidating platforms and optimizing technology infrastructure

A clear example of this reset is playing out with Warner Bros. Discovery. The company is at the center of a potential “bidding war” between Paramount Skydance and Netflix, underscoring how critical scale and premium IP have become. Paramount has reportedly sweetened its bid, while Netflix’s existing agreement heads toward a March shareholder vote.

Road to the NAB Show: Streaming Summit

Want to learn more about the current trends in the streaming industry? The OTT event of the year is back! The two-day NAB Show Streaming Summit will take place in the West Hall of the Las Vegas Convention Center and will feature two tracks with approximately 85 speakers. Hear from some of the largest OTT platforms, sports leagues, broadcasters and content owners on the latest business and technology challenges and opportunities for video monetization across FAST, SVOD and AVOD services.

Topics covered include (but are not limited to):

• Packaging, Distributing and Monetizing Video for Profitability
• Real-World Implementations of AI in the Video Stack
• Cord Cutting, Linear TV and the New Streaming TV Bundle
• Best Practices for Optimizing the Video Workflow for Cost and Quality
• OTT Churn, Retention and Engagement Strategies
• FAST, AVOD and SVOD: OTT Business Models for Every Consumer
• Challenges and Best Practices for Delivering Video at Scale
• Strategies for Discovery, Personalization and Content Recommendation
• Video Advertising Measurement: Challenges and Opportunities
• The Complex and Fragmented World of the Sports Streaming Business