this post was submitted on 16 Nov 2023
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[โ€“] [email protected] 0 points 10 months ago (1 children)

Ironically, another guy just did a pretty good video about why this is happening. Basically those streaming services were built on debt and operated on loss, with hopes of saturating their markets ASAP and then ramping up profits once they stablish a monopoly. So Netflix could create a bunch of very expensive exclusive series, but they can't keep doing that forever (which is why they keep getting cancelled).

But turns out that now they have already saturated their markets, and although none of them has a monopoly they have completely dominated the TV program market. So now it's enshittification time all the time.

[โ€“] [email protected] 0 points 10 months ago

Damn, I bet that pretty much applies to what YouTube is doing right now too. They've basically saturated the market and have very little room to grow. So they need to start making money as soon as they can, by ramping up advertisements and blocking ad blockers.