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This is the best summary I could come up with:

Discovery’s David Zaslav have also indicated that their services were initially priced “too low” in an effort to draw a huge and unendingly expanding subscriber base.

In the early-to-mid 2010s, a subscription to Netflix and Hulu and your friend’s borrowed HBO password could get you access to the vast majority of all the TV that was worth watching.

Netflix had a huge archive of older shows plus a slowly growing library of its buzzy releases like Orange Is the New Black, Jessica Jones, and Stranger Things.

Not content to let Netflix have what looked like a lucrative new market all to itself the companies that made and distributed TV decided one by one as the decade wore on that it was time to create their own apps and generate their own subscription revenue.

Tech companies also decided to jump in, with Amazon Prime Video pushing into expensive scripted dramas and Apple TV+ becoming relevant by dint of throwing untold gobs of money at all kinds of projects.

Netflix announced its first subscriber loss in a decade in early 2022, cratering its stock; despite some recovery, it’s still only worth about two-thirds what it was at its peak in late 2021.

I’m a bot and I’m open source!

Well yea bait and switch is literally capitalism. We have lived with this shit cunt economic model for 40+ years. Now we won’t buy their bloated garbage because let’s face it, there is literally NOTHING good to watch so they bloat their services with D movies and hide good movies or you still have to pay for them (Amazon Prime).

Fuck Bob Iger and every Hollywood CEO. Your legacy is trash and I feel bad for the people who are elated by it.

People will for sure look back and say wow there was some good stuff created but it was because of writers and actors not because of shit cunt CEOs and vulture capitalist bankers.

So fuck off streaming services while the kids go pirating again.