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HBO Max was renamed Max, and Warner Bros. Discovery lost subscribers
(www.theverge.com)
This is a most excellent place for technology news and articles.
I agree that these changes have all been incredibly stupid and devalue one of the few remaining producers of quality TV (HBO), but I think that this is missing the point. The key is this:
In other words, fill up the service with cheap / easy to produce reality crap and hike up prices over time. Revenue goes up and costs go way down. People drift away but you keep growing the bottom line, at least for now. The shareholders rejoice and the consumers lose.
Short term profit > Longevity
Every single time.