Consumers are paying more than ever for streaming TV each month and analysts say there’s no reason for the companies to stop raising prices

L4sBot@lemmy.worldmod to Technology@lemmy.world – 714 points –
Consumers are paying more than ever for streaming TV each month and analysts say there’s no reason for the companies to stop raising prices
finance.yahoo.com

Consumers are paying more than ever for streaming TV each month and analysts say there’s no reason for the companies to stop raising prices::Finding new subscribers in a saturated streaming video market isn't easy. And with legacy media companies desperate to recoup revenue declines in their linear TV businesses, the cost of your monthly plan is likely to keep rising.

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boo-hoo-hoo poor mega corps, I'm pretty sure the CEOs of these companies were paying by their own money the price difference of the true cost and the decreased subscription price of all the customers and they will walk out poorer. Not with millions in their pockets.

boo-hoo-hoo poor mega corps

I'm genuinely baffled that you interpreted any of what I said as garnering sympathy for streaming platforms or their CEOs. They don't need your sympathy, nor does it have anything to do with what I said.

I’m genuinely baffled that you interpreted any of what I said as garnering sympathy for streaming platforms or their CEOs.

then explain me why you mentioned the "operating at a loss" thing. What does it prove in your argument? What does this offer in the dialog and please explain me if the CEO of a said company which is "operating at a loss" walks out with millions in their pockets or not. And also what will happen in the owner of a small business which is also operating at a loss. Then compare these two "operating at a loss" and tell me if they are even slightly comparable.

The point is that the company has to be profitable. It's not complicated. The point of companies is to be profitable. If they're not profitable, they cease to exist, which isn't good for anyone. Those are the only options they have: become profitable or cease to exist. I know you people like to think money is just conjured into existence with magic but that's not the way anything works.

you didn't manage to reply to any of the arguments above. You just spitted out some basic principles which all of us are aware of. I don't understand even why you bothered to type these since they also don't offer anything valuable in the conversation

You just spitted out some basic principles which all of us are aware of.

Maybe "aware of" but have clearly demonstrated that you don't understand.

Listen, it's really an irrelevant point. It doesn't matter if they're a fucking Fortune 100 company charging $500/mo, nothing about that entitles you to the content they produce.

It's not food, it's not healthcare, it's not shelter, you're not being deprived of any sort of necessity, it's entertainment. Too expensive? Don't fuckin buy it.