The Honest Broker • 25300 implied HN points • 02 Nov 24
- Streaming subscription prices are increasing because companies are focusing on making more profit from fewer customers. They believe it's better to charge loyal users more instead of trying to attract new ones.
- The entertainment industry is cutting back on creating new content, which means we might see fewer movies and shows. This reduction is part of a strategy to maintain profits even as customer numbers decline.
- While big companies may struggle, this situation could open doors for indie creators. As larger companies shrink, new opportunities for creativity and innovation might arise for others.