Below is a look at the most exasperating news from streaming services from this week. The scale of this article demonstrates how fast and frequently disappointing streaming news arises. Coincidentally, as we wrote this article, another price hike was announced.
We’ll also examine each streaming platform’s financial status to get an idea of what these companies are thinking (spoiler: They’re thinking about money).
Netflix starts killing its cheapest ad-free plan in June
Sony bumps Crunchyroll prices weeks after shuttering Funimation
Peacock is raising prices
Fubo cuts 19 channels
In a seemingly desperate push, many streaming services prioritize revenue and profits ahead of building the best streaming service for customers.
We could go on about how this might force people to reconsider their subscriptions, but we should publish before another service makes yet another policy change.
Because we’re shoulders deep in late stage capitalism. It won’t be long before we start seeing consumer scarcity. People are living paycheck to paycheck and can’t afford much beyond basic needs. There are only so many hours in a day that people can work, so that’s not stretching much further. We’re rapidly approaching the breaking point. In a world with finite resources, a system seeking infinite growth will eventually collapse.
That’s why some of them are starting to look up. Our great-great-grandchildren are going to be indentured servants on an asteroid mine.