alt Hacker News> Consolidating streaming services down to a handful of offerings will make price competition more fierce because they'll have richer catalogs to do battle with.
this is not how markets usually work.
> Consolidating streaming services down to a handful of offerings will make price competition more fierce because they'll have richer catalogs to do battle with.
this is not how markets usually work.
Correct, but the current market is not working. 15+ streaming services is terrible for consumers. Catalogs are compromised. Bigger services can push prices up because they have more stuff. Clearly if there are too few players then there's less competition and no price pressure, but there's a sweet spot between what exists today and that.