this post was submitted on 15 May 2022
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I thought it was the opposite, where all the production companies saw $$$ in Netflix's business model and Netflix started producing to fill in their content because it was getting a little sparse for a minute. idk
Yeah you're right, it was a realization for companies like Disney; "why are we letting them profit from our stuff when we can do it in our own terms?"
I'm surprised music companies are not doing the same with Spotify, but I guess most of the music is under UMG (I think) anyway.