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Summebride t1_itplgtd wrote

Reply to comment by mountainhighgoat in Apple raises the price of Apple TV+ to $6.99 by Murky-Insect-7556

That was my initial reaction.

But considering it in a long term context, 30 years ago it cost $6.99 to rent one movie, for one night. And everyone was happy to pay it. Usually you'd rent 2 movies, maybe $9.99 for two. Then you'd go back and do it again. Spending $20+ per week at blockbuster was normal, and that when $20 was worth a lot more than it is today.

If you had a crystal ball back then, the idea of watching hundreds of tv episodes and movies for $6.99 would have been mind blowing, and you wouldn't be fussing over $4.99 vs $6.99

The current streaming prices don't reflect the true cost of creating and distributing the content. It's only been kept in this fake unnatural state because of stock market exploitation (some cases, like Netflix) or because the richest companies in history are giving it away as a loss leader.

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ascagnel____ t1_itpz80k wrote

Netflix found value where nobody else thought to look (old shows that had either ended their syndication runs or never had syndication runs in the first place, and buying streaming rights from Starz) and turned it into a $125B business.

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