3 ms·
You're right, of course. The reason for this is that digital entertainment is long-lived, cheap to produce and practically free to distribute, even moreso than
by sesqu 12y ago
You're right, of course. The reason for this is that digital entertainment is long-lived, cheap to produce and practically free to distribute, even moreso than film and literature. As the demand has increased, the supply has exploded, and the market has responded by emphasizing infungible goods, perishable goods and rent-seeking (franchises can be argued as all three).
As supply exceeds demand, prices tend towards manufacturing costs rather than utility provided. Suppliers therefore have to either increase demand or reduce supply (big publishers), or segment the market (small publishers) to maximize profit.