To be fair, it's not necessarily valid to argue that they should have seen it coming because of the growth of streaming services. I mean, there have been devices that make fancy wind up watches obsolete for 50 years, but there are still companies that do a good business selling fancy wind up analog watches. At the price point they were at, they weren't selling to folks who were particularly budget conscious.

Some of it could be an issue of market saturation, in that there are only so many wealthy folks out there who are into movies, and they finally had enough of them that there wasn't a lot of growth available to them there.

And it sounds like they did put a lot of effort into supporting a high quality streaming service.