People (including me) complain about monopolies all the time for various reasons. At the same time, I’ve noticed a ton of complaints about the existence of multiple streaming platforms. But isn’t that a good thing at the end of the day? If streaming platforms consolidated into 2-3 companies, there wouldn’t be much stopping them from raising prices even more.

  • mommykink@lemmy.world
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    4 months ago

    Because the services are still only owned by a handful of corporations.

    Disney owns Disney+, Hulu, and ESPN+.

    Amazon owns Prime Video and MGM+.

    Warner Bros Discovery owns Max and Discovery+

    Those three companies own 7 of some of the largest streaming services with a little over a half a billion subs between them. Netflix is the only exception to that trend, being independently founded, but they have their own issues regardless.