Melonius [he/him]

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Joined 1 year ago
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Cake day: July 24th, 2023

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  • The middle panel up top has baggage. Maybe it goes without saying, but even people with sizeable investments profit or exist at the whims of capitalism. More than 1 ghoulish landlord lost most of their hoarded wealth during the housing crisis, and plenty of “small business” owners can see themselves muscled out if larger capitalist set their eyes on a market and bribing (buying out) is off the table. Every petite bourgeoisie is always one manufactured capitalist crisis away from losing their artificially granted “class”.

    They will probably not come around but it’s worth reminding them to take the wind out of their sails. Maybe they’ll be materially worse off under a Marxist system right now, but there is value in living in a society where you will not be abandoned by society or go hungry, nor have to see others suffer that way.

    I went off topic but I think that “no other investments” line is too open to wrong interpretations.














  • Long term they may axe hulu but comcast still has an ownership interest. For now they have subscribers and show contracts that are probably limited to that platform. Let them expire, renew what’s earning, and write off any homegrown content for whatever % of goodwill of the acquisition price it accounts for. Most importantly though - they’ll continue to raise prices unabated.

    I can’t predict the future but they’ll probably let hulu stagnate for the next few years and payoff remaining shareholders when its time to snuff it.

    Can’t comment on Microsoft and Activision too much, but it will be the same drivers. Microsoft has been pushing game pass aggressively at a loss, and when companies are operating at a loss in a product segment they’re in the extend phase. They’re also very publicly focused on xbox market share. Maybe the next COD game will be gamepass exclusive or something dumb like that, idk.

    Streaming could be a whole other post really. All these companies have bought into having their own app and they are all losing big time.

    I’d be cautious jumping to that conclusion. Netflix, Disney, and Amazon are all extremely profitable. The news makes it sound like there’s blood in the street but its just that earnings aren’t growing exponentially as fast as before. The smaller ones might be having trouble competing but I haven’t really looked in to it.