They advertised convenience and cost—for just a few bucks a month, you could get everything that cable offered, but ad-free! In the digital age, you don’t own anything—you rent it. The trend of movie studios and streaming services abruptly removing content from their platforms demonstrates just how desperate they are for profits. Streaming services, according to CNBC, operate at a loss; for years, shareholders have focused on maximizing growth and subscriber count, sure that profits were soon to follow. Artists and other content creators oftentimes don’t even own their own work—as soon as it’s made, it becomes property of Disney, or Netflix, or whichever streaming service lays claim to it.

Source: Forbes February 21, 2024 17:13 UTC