this post was submitted on 03 Oct 2023
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As consolidation continues corporations do not need to compete on prices as there are no alternatives. Yes people will pirate but they’ve already lobbied vendors to embrace DRM and governments to make it illegal so that makes it as annoying as possible.
Are we reading the same thing? Netflix has more competition now than it ever has. When Netflix had cheaper prices when it has no competition than it does now. Piracy has been making a huge resurgence as well.
"More competition" meaning less access, people having to pay for multiple different services instead of having it in one place.
The competition should be about having the best platform, not exclusive content. There's no reason why the same show couldn't be on two different platforms. And available globally. Practically, all you really need is more local servers for where there's more traffic.
When Netflix started they entered the market as a licensor of content from studios to be distributed as part of a streaming service.
This possibility largely no longer exists. All of the studios have bought out competition, stopped licensing a lot of their popular content, and now release their content themselves. This means there is little competition in the film distribution market for streaming, beyond PayPerView.