Route246
Full time employment: Posting here.
- Joined
- Jun 22, 2023
- Messages
- 650
WSJ has a story behind their paywall about WB/Discovery posting a $10B loss due to the plunging value of their linear networks.
My response is, "No kidding, idiot!"
Their legacy business model is targeted at us in this forum and totally neglects the future consumers around the world, our grandchildren's and great-grandchildren's generations. We are dying off and many of us who are lucky enough not to die off yet are having more and more options where we spend our leisure time.
Don't any of these people managing this company ever listen to their children and grandchildren? Peter Lynch had it right. These people are so used to ripping us off that they can't figure out what to do when competition emerges. They can try to lobby for killing net neutrality, ISP data caps and stronger DMCA enforcement but that ship sailed years ago. The younger generations don't know what a landline phone bill is, have no clue that Grandma and Grandpa used to pay huge fees by the minute to talk to friends and family who live 50 miles away and more importantly they don't know why things that are free should cost money.
We need to thank the younger generations for the quality of life us old people enjoy. Imagine, calling overseas for free. Wow!!! What a concept!!! I don't know anyone under 25 who has ever paid for a call overseas. I don't know anyone over 50 who has not paid for a call overseas and for those over 50 who have not they never had the opportunity to try years ago.
Two of the Magnificent 7 (Google and FB) figured this out and don't charge for rather robust functionality. Zuck told Senator Hatch how it works:
Sen. Hatch: "If [a version of Facebook will always be free], how do you sustain a business model in which users don't pay for your service?"
Mark Zuckerberg: "Senator, we run ads."
My response is, "No kidding, idiot!"
Their legacy business model is targeted at us in this forum and totally neglects the future consumers around the world, our grandchildren's and great-grandchildren's generations. We are dying off and many of us who are lucky enough not to die off yet are having more and more options where we spend our leisure time.
Don't any of these people managing this company ever listen to their children and grandchildren? Peter Lynch had it right. These people are so used to ripping us off that they can't figure out what to do when competition emerges. They can try to lobby for killing net neutrality, ISP data caps and stronger DMCA enforcement but that ship sailed years ago. The younger generations don't know what a landline phone bill is, have no clue that Grandma and Grandpa used to pay huge fees by the minute to talk to friends and family who live 50 miles away and more importantly they don't know why things that are free should cost money.
We need to thank the younger generations for the quality of life us old people enjoy. Imagine, calling overseas for free. Wow!!! What a concept!!! I don't know anyone under 25 who has ever paid for a call overseas. I don't know anyone over 50 who has not paid for a call overseas and for those over 50 who have not they never had the opportunity to try years ago.
Two of the Magnificent 7 (Google and FB) figured this out and don't charge for rather robust functionality. Zuck told Senator Hatch how it works:
Sen. Hatch: "If [a version of Facebook will always be free], how do you sustain a business model in which users don't pay for your service?"
Mark Zuckerberg: "Senator, we run ads."