The idea is that the audience got captured years ago with cheap subscription prices, and now the platform can squeeze them mercilessly—offering less and charging more.
I've spent my life as a free market "capitalist" kind of guy. Corporations need to make a profit, right? They need to employ people and they need to produce innovation which fuels an expanding economy, right?
But I look around these days and I see EVERY place squeezing their customers for every last penny. Meanwhile laying off as many workers as possible (illegal immigrants preferred? H1-Bs? AI? Doesn't matter -- just DON'T hire American workers -- those guys are too expensive).
The greed is off the charts. And in the 1980s when Gordon Gekko said "Greed is good", he had a bit of a point. But here we are 40 years later and greed is ruining the lives of a lot of people. Squeezing the workers and squeezing the customers is not a good long-term strategy.
It’s the governmental forced benefits that employers have to pay that make American workers so expensive.