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I like to compare it to releasing films in theaters vs streaming. The former has a large industry that has relied on it for decades, as well a subset of consume

I like to compare it to releasing films in theaters vs streaming. The former has a large industry that has relied on it for decades, as well a subset of consumers that love it. The latter is more convenient for other consumers, as well as being embraced by some companies. Shareholders naturally want to take advantage of whichever is more profitable, which often is a mixture of the two.

nytesky 3y ago
That is an interesting comparison, since streaming is bankrupting all the media companies and will likely change movie studios for the worst.
- lotsofpulp 3y ago
  Streaming is not bankrupting media companies, the fact that there are numerous other ways to spend your time viewing content from numerous other content makers is changing the market for media companies. Had media companies maintained their exclusivity on people’s screen time, then they would be in an even better position. But the supply of content exploded, from video games to YouTube to TikTok and Instagram and even forums like this one. More supply relative to demand means lower prices.
  - ghaff 3y ago
    It's probably also true that streaming almost certainly aligns to different types, quantity, and production values of content overall. And there are always ongoing demographic and public fashion trends going on as well. I agree with your point about competition. On the other hand, mindless channel surfing has mostly been replaced at the same time. People do it to some degree with streaming and even channels setup for the purpose--but it's a less natural fit.
  - sandworm101 3y ago
    And lower prices almost universally means lower profits for manufacturers. As prices fall, factories increase production and efficiency as they chase a diminishing profit margin. They are running flat out right until that margin disappears and everything suddenly stops. The frantic rate of tv/film production today, the insane production costs for a marginal return, fits that pattern.

nytesky 3y ago

That is an interesting comparison, since streaming is bankrupting all the media companies and will likely change movie studios for the worst.

lotsofpulp 3y ago
Streaming is not bankrupting media companies, the fact that there are numerous other ways to spend your time viewing content from numerous other content makers is changing the market for media companies. Had media companies maintained their exclusivity on people’s screen time, then they would be in an even better position. But the supply of content exploded, from video games to YouTube to TikTok and Instagram and even forums like this one. More supply relative to demand means lower prices.
- ghaff 3y ago
  It's probably also true that streaming almost certainly aligns to different types, quantity, and production values of content overall. And there are always ongoing demographic and public fashion trends going on as well. I agree with your point about competition. On the other hand, mindless channel surfing has mostly been replaced at the same time. People do it to some degree with streaming and even channels setup for the purpose--but it's a less natural fit.
- sandworm101 3y ago
  And lower prices almost universally means lower profits for manufacturers. As prices fall, factories increase production and efficiency as they chase a diminishing profit margin. They are running flat out right until that margin disappears and everything suddenly stops. The frantic rate of tv/film production today, the insane production costs for a marginal return, fits that pattern.