Is anyone making money out of entertainment anymore?

Is anyone making money out of entertainment anymore?

As Apple TV+ makes a loss and everyone wrings their hands at Warner Bros, it seems like no-one can make narrative TV and film pay actual money. Last week, The Information reported Apple TV+’s streaming operation is losing the company as much as $1bn each year. As the streaming service with arguably the most consistently high-quality original output across film and TV, this isn’t ideal. Coming to the streaming game much later than its closest riv…