Because then you’re also taking on the administration of content delivery and payment for the same. That all takes time and money to spin up and market - which a bunch of networks have done, making their own streaming platforms. I’m willing to bet that a good number of those “second tier” direct to consumer streaming platforms aren’t making as much money as the networks had hoped, while also adding a lot of administrative overhead. So they’re moving back to just licensing the content to Netflix and Hulu and Amazon.
Because then you’re also taking on the administration of content delivery and payment for the same. That all takes time and money to spin up and market - which a bunch of networks have done, making their own streaming platforms. I’m willing to bet that a good number of those “second tier” direct to consumer streaming platforms aren’t making as much money as the networks had hoped, while also adding a lot of administrative overhead. So they’re moving back to just licensing the content to Netflix and Hulu and Amazon.