this post was submitted on 03 Oct 2023

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Netflix Plans Price Hike After Actors' Strike Is Resolved (Report) | TheWrap (www.thewrap.com)

submitted 1 year ago by danhakimi@kbin.social to c/television@lemmy.world

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Streaming competitor Disney+ is looking to boost revenue with live sports tier

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[–] PP_BOY_@lemmy.world 2 points 1 year ago

Imagine you're the CEO of a publicly traded corporation that is legally required to maximize profits for shareholders. Do you

A) choose an option that will earn less gross profit or

B) choose the option that will earn more?

If you chose "A" because you're a good person and not a greedy capitalist, congratulations. You've just been fired as CEO and the major shareholders just picked a replacement who will choose the second option.