I don't understand the business model of the so-called "content providers." They are constantly showing themselves willing to take a bigger slice of a shrinking pie. They
have to know that jacking the prices so high will reduce consumption, yet they persist in doing so anyway, as though the moral rectitude they perceive in their decision justifies the Pyrrhic victory. Well, the revenues of the music industry alone have shrunk
50 percent in the last 10 years, yet they persist in their self-destructive ways.
And whose fault is it? Why, the
customers' of course! Surely shrinking revenues must be a sign of ill-will -- if not downright illegal behavior -- on the part of consumers! It couldn't have anything to do with the fact that consumers have limited budgets and are focused on things like, you know, putting food on their families' tables.
Given that a corporation is usually regarded as having an obligation to shareholders to maximize profits, entertainment has to be the only field in which corporations are given a pat on the back for driving revenues into the ground in the name of principle.
Not to mention, it never ceases to amaze me that content providers seem to believe that demand for their wares is inelastic and that customers will keep coming back no matter how high prices rise.
Well, I won't. I have a family to feed. A walk in the woods is free, and I find that just as entertaining as a movie anyway.