For a moment, it seemed like the streaming apps were the things that could save us from the hegemony of cable TV—a system where you had to pay for a ton of stuff you didn’t want to watch so you could see the handful of things you were actually interested in.
Archived version: https://archive.ph/K4EIh
Tech products usually follow the same recipe:
Netflix’s plenty profitable, they seem to be enshittifying because they’re the market leader. Hulu also seems to be turning a profit nowadays. Peacock, Disney+, Max and Paramount+ are still bleeding money.