See, this is why you are not thinking like a capitalist.
For the monopolist capitalists, this is exactly the time to raise prices. When the war in Ukraine started in 2022, the commodity monopolists all raised their prices in anticipation of potential shortages in the near future, which led to inflation. Nobody could do anything about it.
It’s the same logic here. The streamers have already priced in the potential drop in subscriptions by raising the prices, making those who continue to subscribe compensate for the loss in revenues. There is no need to wait until the strikes end.
This is how a monopoly economy works. There is no alternative to Hollywood - the actors and the writers on strike eventually have to go back to work somehow, and back to the same groups of employer, unless they intend to switch their jobs entirely. So, the capitalists will simply wait it out until the strikers can no longer keep going, and come back with contracts offering even shittier conditions than before.
See, this is why you are not thinking like a capitalist.
For the monopolist capitalists, this is exactly the time to raise prices. When the war in Ukraine started in 2022, the commodity monopolists all raised their prices in anticipation of potential shortages in the near future, which led to inflation. Nobody could do anything about it.
It’s the same logic here. The streamers have already priced in the potential drop in subscriptions by raising the prices, making those who continue to subscribe compensate for the loss in revenues. There is no need to wait until the strikes end.
This is how a monopoly economy works. There is no alternative to Hollywood - the actors and the writers on strike eventually have to go back to work somehow, and back to the same groups of employer, unless they intend to switch their jobs entirely. So, the capitalists will simply wait it out until the strikers can no longer keep going, and come back with contracts offering even shittier conditions than before.