Part 8/10:
Additionally, the power wielded by executives in these conglomerates can lead to decisions driven more by ego and profit motives than by consumer welfare. The allocation of resources by CEOs like Bob Iger involves strategic decisions that may prioritize corporate interests over user choices, squeezing consumers into paying more for content they might prefer to avoid.
The False Front of Consumer-Centric Messaging
Both Disney and Google/YouTube often portray their actions as being “for the consumer,” but this is mostly marketing rhetoric. In reality, their strategies tend to serve corporate interests—maximizing revenue and market control—rather than delivering better, cheaper options to viewers.