The war is now over streaming services instead of hardware and streaming is a race to capture subscribers.
I did some investigation las5 month, and the world of streaming is all about trying to build the biggest market, profits be damned. Netflix makes a tiny operating profit compared to other entertainment companies and hides the cost of all it’s original content as capital expenditures. Spotify can’t make a profit even with something like 150 million subscribers.
My conclusion is these businesses will eat sh...er “losses” for a decade or two until the competition is weeded out even while they slowly raise prices or add advertising to their products. Netflix is cheaper than cable now, but add a couple more streaming services and watch them increase prices by $1 every year and we’ll see where we land.
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