970
The era of cheap streaming is officially over
(www.cnn.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Aug 2023
970 points (98.3% liked)
Technology
33707 readers
148 users here now
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed
founded 5 years ago
MODERATORS
It is inevitable, every industry grows to destroy itself through contradictions. It is just annoying how fast this business model took to do it.
Have to keep the profits increasing every quarter, otherwise shareholders will sell and buy your competitors and line go down. The article talks a little about how a lot of the streaming platforms have raised prices this year since right now shareholders want to see more profit instead of growth with interest rates up.
We have the best system, folks. Truly the greatest.