this post was submitted on 04 Jul 2023
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And the IPO itself is a bad sign no matter who's in charge. It means the company will be shareholder-driven, and so aiming for maximum profit (or just straight up not operating at a loss to start with). Line must always go up, so when things start to stagnate, or they reach saturation, more and more bold anti-consumer decisions will be made to extract higher profits. See Netflix and their crackdown on password-sharing.
It may not happen straight away, but it will eventually.
Perhaps my opinions are different from others but I feel like these websites are forgetting that they're an optional part of people's lives. There are plenty of things I can spend my time on besides reddit and YouTube, and Netflix is forgetting that it's marginally more convenient than piracy.
Considering Plexshares exist, the margin is really only taking the 30 mins to set things up while having a library 5 times as big for half the price.