Earlier quoted context omitted.
> Today you want to watch an Apple show you must go to Apple's VOD. When I was a kid, if you wanted to watch an NBC show, you had to watch it on an NBC network. What is the difference? At least nowadays you can just pay, watch, and cancel at your leisure with the click of a few buttons.
I’m guessing that you’re young-ish, then? Because that’s not how it was when I was a kid. That changed in the mid-nineties, and it was a fairly controversial decision. From about 1970 to 93, antitrust regulations were put in place because only three networks could determine over 90% of broadcast media. A judge ended that rule under the rational that upstart networks like Fox and CW were now competitive. https://www.n…
Yes, that’s the difference. There used to be a gatekeeper to reaching your audience, but now there is none. A kid can take their 4K phone and make their own TV show with their friends and distribute it worldwide, or a company can get a professional crew and spend a couple billion dollars and distribute it worldwide.
If the contention is that a few companies owning all the content will raise the prices, then that solution would be removing/reducing copyright protections, or compulsory licensing, but in the current environment, who owns what is mostly immaterial to customers.