this post was submitted on 25 Dec 2024
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Netflix entered into the already existing sphere of greed based commodification / exploitation that legacy media created decades ago. these legacy media conglomerates (owned circularly by the same big players in wall street black rock, vangaurd, state street et all.) dominate and control multiple industries and now Netflix is just part of that same ecosystem amassing wealth for their own self centered agenda without much, if any oversight at all. Theres just few greedy old cigar smoking men or rather boardrooms lead by these same men controling a majority of the world. Blackrock, blackston, state street and vanguard circularly own about 20% of disney and they own around the same percentage of netflix as well. Nevermind all the other media outlets they own large shareholding positions of. Greed is not the accidental result its the primary objective