• Snapz@lemmy.world
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    1 year ago

    However, media execs acknowledged that the prices being charged by streaming services were unsustainable, and that a “crash” would follow – where companies would be forced to increase prices or go out of business.

    Absolutely nobody believes you.

    • phoneymouse@lemmy.world
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      1 year ago

      They won’t go out of business… they just won’t double revenue year over year. God forbid your business doesn’t grow. We need endless growth! Unlimited growth, even in a finite world.

      • Stovetop@lemmy.world
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        1 year ago

        That’s what kills me about capitalism. Everything has to be about growth. Nothing can ever be “good enough” or “sustainable”, it must always be improving at a dramatic rate to make those shareholders happy.

        The economy is still in a slump and companies are still laying off people left and right, but at least the money they’re taking away from the incomes of dedicated workers are helping shareholders profit.