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You see it a lot in cable TV. They will periodically (for example) pull all Disney channels until they can get an agreement: https://edition.cnn.com/2023/09/01/
by gadders 3y ago
You see it a lot in cable TV. They will periodically (for example) pull all Disney channels until they can get an agreement: https://edition.cnn.com/2023/09/01/media/disney-spectrum-cable-carriage-deal/index.html https://edition.cnn.com/2023/09/01/media/disney-spectrum-cab...
- lotsofpulp 3y agoThis is not the same. ggm is referring to a buyer and seller agreeing to a trade, the seller providing the product or service, and then the buyer reneging on the payment in order to extract concessions because the legal and headache costs of pursuing full payment via courts would presumably not be worth it for the seller. This is trying to arbitrage the inefficiency of courts. Technically, everyone in society can do this, but it raises the costs of transacting considerably and reduces societal trust. A high trust society where you do not have to worry about dragging everyone to court or having to fund courts for many more cases will waste less resources on dispute resolution. In TV, the buyer (cable or satellite TV business) and the seller (content owner) never had an agreement after a certain date, so the channels disappearing is not a similar situation.