this post was submitted on 04 May 2024
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Streaming went to shit when everyone made their own. It was good and worth the money when it was one portal with everything available.
Now i am back navigating the stormy high seas, to avoid the treacherous shores of bankruptcy
And the funny thing is, rather than competition driving down prices, they only seem to be competing for who can charge the most while showing more ads.
Streaming infrastructure is expensive, and all these smaller networks that decided to spin up their own didn't seem to realise that. Prices go up, ad tiers get added because none of them are actually making any money. It's just quarter after quarter of loss even with substantial revenue due to the fact that producing content, hosting and then scaling globally to make it available to a wide variety of geographic locations just isn't cost effective. Even Amazon, the lord of cloud compute itself, hasn't been able to maintain this.
So in this case, competition limits the only way they make money: people subscribing. Greedy bastards.
A lot of the infrastructure is provided to ISP's free for local caching/deployment. Netflix has the Open Connect program to greatly relieve stress on interconnects and backbones.
If memory serves, ISP didn't like this and would rather profit from fees for the internet traffic. I feel like those fees and licensing fees account for a significant increase in subscription costs.