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Netflix is turning into cable TV
(www.theverge.com)
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this post was submitted on 24 Jan 2024
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Just because it's something you don't like, doesn't make it not worth an insane amount of money.
There's a reason why WWE is not only still around, but worth more today than it was in it's "heyday".
You're laughing because someone bought a proven market. It's literally the same as Marvel, Star Wars, or any other market.
That's nice you think you understand what a valuable acquisition is.