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> These companies blew up a successful business model that the public enjoyed, that was immensely profitable, and they replaced it with a mishmash that we have
by dehrmann 3y ago
> These companies blew up a successful business model that the public enjoyed, that was immensely profitable, and they replaced it with a mishmash that we have now
They were only "immensely profitable" because they were in an oligopoly with 4.5 players. Netflix disrupted that, and then it was a race to the bottom. Saying the "public enjoyed" network TV is a bit of a stretch, too. For the most part, it was just adequate.
- erklik 3y ago> Saying the "public enjoyed" network TV is a bit of a stretch, too. For the most part, it was just adequate. Not adequate either. Throwing a hundred ads during one show, at the same time charging you for it and that's somehow a good experience? Netflix is a million times better and that's why they're still raking in money.
- johnnyanmac 3y ago>Saying the "public enjoyed" network TV is a bit of a stretch, too. They may not have profited as much as they would have from cable, but the number of viewers seems to speak for itself. I know they aren't the HN audience but surely we can see wider than that.