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Entertainment is fundamentally one of the simplest forms of enterprise. One party has disposable income and gives it to another party for completely non essenti
by qeternity 6y ago
Entertainment is fundamentally one of the simplest forms of enterprise. One party has disposable income and gives it to another party for completely non essential services. The incentives align perfectly. If there was ever a market that should run as a for profit entity, it’s football.
People see Super League as some sort of failure. This is a free market success. The fans reign supreme through the power of their wallets.
- username90 6y agoNo, more profits doesn't mean more entertainment. People who are addicted to football pay a lot for it, increasing prices wont make them happier, increasing ads wont make them happier etc. You are basically increasing profits to make worse entertainment, having it not be profit seeking is so much better for the viewers.
- qeternity 6y agoYou're missing the point: the fact that people are willing to pay a lot means that there is a large incentive to provide the best level of entertainment. If you take the profit away, you risk misaligned incentives.
- username90 6y agoNo, capitalism doesn't work for front brand loyalty situations. Sure in theory building a good brand should be worth it, but that isn't what is happening here, the money grubbers came in long after the brand was built, changed it into a money making machine and the poor souls who got addicted to the brand now gets as much money as possible extracted from them. That kills the brand after a while, young people will stop watching and ultimately sports will die with that strategy.