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The era of cheap streaming is officially over
(www.cnn.com)
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this post was submitted on 13 Aug 2023
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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.
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