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Tim Dillon talked about this recently. He said they want to be too big to fail, merge and get bailouts and handouts like sports get, since they own lots of reve

by graphe 3y ago

Tim Dillon talked about this recently. He said they want to be too big to fail, merge and get bailouts and handouts like sports get, since they own lots of revenue streams. He mentioned it's dead too, this article says the same thing. Once it's too big to fail this happens, they can push any agenda they want, not be any "good" and when people wonder how are they still around making nothing but pushing agendas in not all subtle way it's because nobody is responsible for content anymore. https://en.wikipedia.org/wiki/Diffusion_of_responsibility https://en.wikipedia.org/wiki/Diffusion_of_responsibility https://youtu.be/iIRZNlacGMI https://youtu.be/iIRZNlacGMI (second half) >But no deals emerged, leading some investors to conclude there is little appetite among private equity or tech companies for acquiring legacy businesses. Definitely dead.

vel0city 3y ago
But the thing it seems he's missing about sports teams sometimes getting bailed out or sweetheart rent deals is team identities often get intermingled with city identities. No municipality is going to bail out a streaming network even though they might bail out a football club or hockey team that's been in the city for ages and is connected to the city identity.
- graphe 3y ago
  Sorry he just said too big to fail I threw that in there, the government will prop up their arms of propaganda if the nelib news sites and media convege the US isn't going to only save the news sites. I don't think the us will allow our propaganda to be lost unless they have a better way of dealing with it. He did mention them owning theme parks though, Florida can't get rid of them easily and if Disney went under now with their IP, real estate, theme parks, cruises, etc I think the US would bail them out or risk a lot of joblessness.
game_the0ry 3y ago
> He said they want to be too big to fail, merge and get bailouts and handouts like sports get That is observation I can agree with. Same can be said with finance and airlines - both business models cant stand on their own with out help from the tax payer. > But no deals emerged, leading some investors to conclude there is little appetite among private equity or tech companies for acquiring legacy businesses. Probably also a product of increasing interest rates - risky investors (PE, VC, etc) can't pencil deals, the economics no longer work.
- graphe 3y ago
  That's a good point about airlines and finance, they can't afford to fly so they tried to expand and now it makes most of their income, pilots aren't paid much either. Samsung is probably the finest example of these corporations, it pretty much owns the government with the power it holds along with the other chaeobols.

by graphe 3y ago

vel0city 3y ago

But the thing it seems he's missing about sports teams sometimes getting bailed out or sweetheart rent deals is team identities often get intermingled with city identities. No municipality is going to bail out a streaming network even though they might bail out a football club or hockey team that's been in the city for ages and is connected to the city identity.

graphe 3y ago
Sorry he just said too big to fail I threw that in there, the government will prop up their arms of propaganda if the nelib news sites and media convege the US isn't going to only save the news sites. I don't think the us will allow our propaganda to be lost unless they have a better way of dealing with it. He did mention them owning theme parks though, Florida can't get rid of them easily and if Disney went under now with their IP, real estate, theme parks, cruises, etc I think the US would bail them out or risk a lot of joblessness.

game_the0ry 3y ago

> He said they want to be too big to fail, merge and get bailouts and handouts like sports get That is observation I can agree with. Same can be said with finance and airlines - both business models cant stand on their own with out help from the tax payer. > But no deals emerged, leading some investors to conclude there is little appetite among private equity or tech companies for acquiring legacy businesses. Probably also a product of increasing interest rates - risky investors (PE, VC, etc) can't pencil deals, the economics no longer work.

graphe 3y ago
That's a good point about airlines and finance, they can't afford to fly so they tried to expand and now it makes most of their income, pilots aren't paid much either. Samsung is probably the finest example of these corporations, it pretty much owns the government with the power it holds along with the other chaeobols.