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> They were using their monopoly power to drive down the overall price of packaged TV and by de-bundling, we end up paying more overall. This is complicated. P
by doctorpangloss 3y ago
> They were using their monopoly power to drive down the overall price of packaged TV and by de-bundling, we end up paying more overall.
This is complicated. Piracy sold Comcast broadband Internet connections for many. Napster long predates Comcast's acquisition of NBCUniversal, when it became a content maker.
So even in the last two decades, looking at one company, it played some, or all, sides of the producer ecosystem, in complex ways, sometimes 200% changing (sticking a minus sign in front of) how it benefits from consumer trends. If you want to analyze any specific thing about cable TV pricing, you're going to need to write a whole dissertation about it. Meanwhile "whatever the consumer is willing to bear" will get you most of the way there.