The era of cheap streaming is officially over

floofloof@lemmy.ca to Technology@lemmy.ml – 961 points –
The era of cheap streaming is officially over | CNN Business
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And did you at any point ask yourself why they own these things? Why Netflix the corporate entity owns media it did not produce while stiffing the people that did out of just compensation? Or how that information slightly complicates the otherwise simple nature of property and theft?

The only mental gymnast here is you bud. The simple fact is, labor creates value, and Netflix has no part in that. I doubt they even put up any of their own capital in producing these shows.

I cant believe I'm seeing anyone here defending a corporation. What the hell??

Why they own these things? Because they paid for it.

How are Netflix stiffing people out of compensation? Netflix pays the rights holders for the right to stream the content.

On your last part you could not be more wrong. Netflix spent over $6 billion in 2021 on original content. Content they created. They pay for the streaming rights to everything that’s on Netflix up front - in 2021 they paid $11 billion to the rights holders of the content in order to stream it on their platform.

You’re trying to justify theft. You’re the one doing the mental gymnastics.