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Joined 4 months ago
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Cake day: March 18th, 2024

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  • It just makes economic sense.

    The data suggests a sharp shift in consumer behavior — far from the cable era, when viewers largely stuck with a single provider, as well as the early days of the so-called streaming wars, when people kept adding services without culling or jumping around.

    Yeah, turns out when the monopolies are eliminated, people get more competition and a better deal on the consumer end. It’s why I’ll never understand people who say streaming services became as bad as cable.

    One option for slowing the churn, executives think, is to bring back some element of the cable bundle by selling streaming services together. Executives believe consumers would be less inclined to cancel a package that offered services from multiple companies.

    No, I’m less likely to cancel a service that’s worth what you charge for it. Be happy you got one month out of me, and if you want more, offer me more value. Putting serialized shows out week by week doesn’t do it for me either, because I’m just going to wait until the season is done to start watching it anyway.

    Price sensitivity is also a factor. Americans with a streaming subscription are spending an average of $61 a month for four services, an increase from $48 a year ago, according to a new study by Deloitte. The increase was due to higher prices, not additional services. Nearly half the people surveyed said they would cancel their favorite streaming service if monthly prices went up another $5, the study said.

    Mystery solved.









  • ampersandrew@lemmy.worldtoFediverse@lemmy.worldWhat's your take on Bluesky?
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    3 months ago

    It’s still funded by ads and governed by algorithm recommendations, right? Even if they had perfect moderation, which is difficult to decide on anyway, it’s still got the same incentives as Twitter, which means it will inevitably become Twitter. They want you to spend more time on it to make more money, so they show you things most likely to get a reaction out of you, which means they’re showing you things designed to get you angry and respond. Mastodon is much nicer for giving everyone equal billing and allowing you to modify that by following people you want to hear from most.