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The reason comcast is diversifying is because their monopoly (it really never was a monopoly) over tv distribution is essentially dead in the water. Not only d
by rhino369 11y ago
The reason comcast is diversifying is because their monopoly (it really never was a monopoly) over tv distribution is essentially dead in the water.
Not only does satellite exist, but now virtual cable companies already exist. Sling and PS vue offer full blown cable over the internet. Netflix, Amazon, Google, Apple, Hulu etc. offer most tv content streamed over the internet.
Google and Apple have much bigger control over our media content consumption than Comcast does. Apple extorts 30% from all media sold to me on a phone I bought. It's bullshit. Google uses it's actual search monopoly to weasel it's way into other markets.
>they are building up content because they can leverage it to extract rent.
Isn't that why all content is made?
I do think it would be useful to have a pay per stream statutory royalty rate like we do for radio music. Set it at say, 3 dollars per hour long episode, 2 dollars for a half hour. OR even just require all content have a reasonable MSRP rate so that any serious streaming company can sell it easily.
- maxerickson 11y agoWhy should I care if Comcast is able to diversify or not? I don't see where Comcast getting bigger is especially important to the economy in general, it seems like something that probably benefits shareholders more than the general public. I think encouraging business activity is great. We should be careful when we regulate it. The other side of that is that we shouldn't hesitate to regulate businesses when they try to do things that do net harm to the public.