this post was submitted on 21 Jun 2024
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Jetflicks, which charged $9.99 per month for the streaming service, generated millions of dollars in subscription revenue and caused “substantial harm to television program copyright owners,
The ownership class will tremble before a communist revolution!
Yeah that competition really did demonstrate what an awful service all those media monopolies provided.
As per Das Kapital our industrialists always move to capture regulation and seek to eliminate competition, which are the two aspects that can make capitalism work for the public. Then you have what we have today, late stage capitalism which is about tiers of rent, so everything is both shoddy and expensive.
That's how Disney and Warner Brothers (Warner Sister too!) end up owning all the franchises. It's how Sony owns all the music and sues to take down dancing baby videos.
The EU and California have both made in-roads to slowing down the steady takeover of regulatory bodies and the mulching and mass merging of megacorps into monolithic monopolies, but they can't stop it, and both are seeing the bend into precarity that is symptomatic of late stage capitalism.
That said, true post scarcity communism is realistically a pipe dream well beyond a few great filters we've yet to navigate, but we will see small victories, of which piracy -- what is essentially crime against ill-gotten gains -- offers more than a few.