• Seraphin 🐬@pawb.social
    link
    fedilink
    English
    arrow-up
    24
    arrow-down
    1
    ·
    1 year ago

    And the IPO itself is a bad sign no matter who’s in charge. It means the company will be shareholder-driven, and so aiming for maximum profit (or just straight up not operating at a loss to start with). Line must always go up, so when things start to stagnate, or they reach saturation, more and more bold anti-consumer decisions will be made to extract higher profits. See Netflix and their crackdown on password-sharing.

    It may not happen straight away, but it will eventually.

    • Mayoman68@lemmy.world
      link
      fedilink
      English
      arrow-up
      9
      ·
      1 year ago

      Perhaps my opinions are different from others but I feel like these websites are forgetting that they’re an optional part of people’s lives. There are plenty of things I can spend my time on besides reddit and YouTube, and Netflix is forgetting that it’s marginally more convenient than piracy.

      • Mkengine@feddit.de
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        Considering Plexshares exist, the margin is really only taking the 30 mins to set things up while having a library 5 times as big for half the price.