Part 7/9:
As streaming services like Netflix have sought to capitalize on their market position, they inadvertently introduced behaviors that mirror the piracy world—high costs, advertisements, reduced quality, and fragmented content libraries have turned consumers away. It can be argued that while platforms like Spotify have successfully navigated the challenges of music piracy by staying competitive, the film and TV industries have struggled to align with consumer expectations.
Further complicating matters is the uncomfortable reality that some studios, unlike their musical counterparts, are heavily invested in high-budget production models. Thus, they are ill-prepared for the swift industry changes wrought by an increasingly disenchanted audience.