Over dramatizing much?You almost sound like my grandmother in the 1980s... no one will want to pay for TV.
Do you really think that they will never be able to make money on movies again?
Or that no one will want to watch TV programming anymore?
Or Sports? Game Shows? Documentaries?
D+ is just a medium toward distribution. Unless you really want to believe that humans of the future will have no need for entertainment, D+ will find a way to be profitable. Do they need to reduce costs on content? Yes. Do they need to diversify their offerings? Yes. But you're looking at TODAY and assuming there is no hope for the future because they cannot change.
They can change.
Analysts are correctly looking for an immediate short term change to reign in the out of control spending. Looking at a hypothetical longterm change in direction down the path doesn't help at all.
Disney decided to go all in on Marvel and Star Wars to be the foundation and primary driver for growth with D+. They bet that expensive marquee productions would drive subscriber growth. Turns out it was a bad bet. Could they come up with something that may fix it in the future? IDK. But what they have on tap for the next 12 months certainly seems like more of the same which has been failing.