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Michael Charles's avatar

Interesting take - you might enjoy this article too (https://www.nytimes.com/2021/06/08/technology/farewell-millennial-lifestyle-subsidy.amp.html)

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David Roberts's avatar

I guess prices have already risen.

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Andrew Roberts's avatar

Simple: just short each of these companies a few dollars per month to hedge against any price increases.

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Sam Rittenberg's avatar

Interesting! I had read about the more commonly discussed reasons for Netflix’s downturn -e.g., increased competition, loss of important licensed content to the owners of the content who now have their own streaming channels (e.g., Friends to HBO Max), and the inability of Netflix to solve the problem of account owners sharing their password. But I’ve never read about or considered the role that cheap money played in all of this. An excellent and widely overlooked insight. Thanks!

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