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Leaked Disney+ financials may shed light on recent price hike
11–20 of 67 posts
Re: Leaked Disney+ financials may shed light on recent price hike
#12This feels... grotesque? The free market is meant to ensure that competitors lower their prices to compete with Disney+. If instead corporations raise prices to compete with... profits over marketshare, then it feels like something has gone terribly wrong.
Marketshare at any cost sounds like startup bullshit to me.
In manufacturing we called it “dumping”
Re: Leaked Disney+ financials may shed light on recent price hike
#13Subsidized service gets unsubsidized. The cost of quarterly profits moves quicker than the cost of rent.
Re: Leaked Disney+ financials may shed light on recent price hike
#14This feels... grotesque? The free market is meant to ensure that competitors lower their prices to compete with Disney+. If instead corporations raise prices to compete with... profits over marketshare, then it feels like something has gone terribly wrong.
You mean like Disney having a government enforced monopoly on their content that lasts for about a century, combined with changes in technology w.r.t streaming that allow them to never create a "first sale" and thus make it illegal for anybody to possess a copy of their content without paying them a monthly fee that they get to set?
You could also just...not watch it.
You don't have a right to consume someone else's creations just because you want to.
Re: Leaked Disney+ financials may shed light on recent price hike
#15This feels... grotesque? The free market is meant to ensure that competitors lower their prices to compete with Disney+. If instead corporations raise prices to compete with... profits over marketshare, then it feels like something has gone terribly wrong.
You mean like Disney having a government enforced monopoly on their content that lasts for about a century, combined with changes in technology w.r.t streaming that allow them to never create a "first sale" and thus make it illegal for anybody to possess a copy of their content without paying them a monthly fee that they get to set?
Whenever there's something that looks like a market failure, there's almost always a governmental grant of monopoly privilege or some government regulation to prevent competition.
Why are prescription drugs unaffordable? Because of a grant of monopoly privilege called "patents" that allow a company to monopolize a drug for around 2 decades. Why is health care so expensive? Because the government subsidizes employer provided insurance through the tax code so nobody cares about controlling medical costs. Why is housing so expensive? Because local governments literally make it illegal to build housing infringing on the private property rights of landowners with idiotic "zoning" laws and by doing things like declaring run down parking lots to be "historic" parking lots that must be preserved. Why is the labor market so skewed against labor and in favor of capital? Because numerous government laws make it harder to start businesses than it should be and also because government subsidizes employers providing "benefits" through the tax code. Why did the railroads collapse and most of the US become dependent upon cars? Because the government regulated the railroads to death with the Interstate Commerce Commission and subsidized both cars and car infrastructure. You can keep going on and on with examples but the answer is almost always something that the government did to screw up the market.
Re: Leaked Disney+ financials may shed light on recent price hike
#16[flagged]
Disney+ went woke and is now profitable...
The Disney of your childhood is still on Disney+. Literally a button press away, along with the conservative-leaning media they produced for generations (and are still producing).
Re: Leaked Disney+ financials may shed light on recent price hike
#17Earlier quoted context omitted.
You mean like Disney having a government enforced monopoly on their content that lasts for about a century, combined with changes in technology w.r.t streaming that allow them to never create a "first sale" and thus make it illegal for anybody to possess a copy of their content without paying them a monthly fee that they get to set?
Another way to say that first part is that after a certain amount of time the government strips away your control over your own creation.
You say "your control" as if that current "certain amount of time" was not after you had already been dead for 70 years.
Re: Leaked Disney+ financials may shed light on recent price hike
#18This feels... grotesque? The free market is meant to ensure that competitors lower their prices to compete with Disney+. If instead corporations raise prices to compete with... profits over marketshare, then it feels like something has gone terribly wrong.
Meant to?
By whom?
Who makes sure the system operates that way?
Re: Leaked Disney+ financials may shed light on recent price hike
#19Earlier quoted context omitted.
You mean like Disney having a government enforced monopoly on their content that lasts for about a century, combined with changes in technology w.r.t streaming that allow them to never create a "first sale" and thus make it illegal for anybody to possess a copy of their content without paying them a monthly fee that they get to set?
Whenever there's something that looks like a market failure, there's almost always a governmental grant of monopoly privilege or some government regulation to prevent competition. Why are prescription drugs unaffordable? Because of a grant of monopoly privilege called "patents" that allow a company to monopolize a drug for around 2 decades. Why is health care so expensive? Because the government subsidizes employer p…
While this can be the case, numerous of the examples you have given (medical costs and the labor market to name two) have fewer problems in countries with much stronger government intervention/regulation.
If your government creates poor regulations then maybe that should be tackled directly (by electing less incompetent/corrupt officials) rather than concluding that regulation itself is bad.
Re: Leaked Disney+ financials may shed light on recent price hike
#20This feels... grotesque? The free market is meant to ensure that competitors lower their prices to compete with Disney+. If instead corporations raise prices to compete with... profits over marketshare, then it feels like something has gone terribly wrong.
> The free market ... feels like something has gone terribly wrong.
Well yes. It has done for several decades at this point. It's a classic case of Goodhart's Law "When a measure becomes a target, it ceases to be a good measure". In this case the measure is the market price of a good/service and/or the profitability of a business. It is assumed by free-market capitalism to be a good measure of societal value, and it was, more or less. But over time that's become less and less true as people over optimise for the metric.