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Notes -
Are Fast Food Restaurants raising their prices or is it delivery services/delivery prices? I feel like after price increases last year FF seems like it's stabilized, but keep seeing some insane recipts.
Netflix was always in a race to eventually replace your cable company. Ultimately they may do that, but the end price will likely end up being pretty similar, too.
That's why the people who were pro unbundling thinking they could subscribe to just the channels they liked for the bundle price were dumb. If a channel with 80 million subscribers (because it's in a basic tier gets $.25 cents a month) goes to 2 million subscribers, it's going to have to raise prices to $10/month. So instead of paying $50 a month for 40 channels and watching 5, they'll pay $50/month for the 5 channels they watch.
The big thing cheaper netflix probably impacts is the amount of media licensed or produced for the viewers of Netflix.
I don't know if they still are, but I did notice some items I buy regularly increased in response to inflation. And there was a huge spat recently about Wendy's trying to implement surge prices, even despite Wendy's best efforts to frame it as discounts during off hours instead of higher general prices. My question was just about general price increases anyways- if costumers act together as a pseudo-monopsony in response to a fast food place raising prices, what would the consequences be? Just that fewer restaurants would be opening in the area since there's less profit? Might be a good thing tbh to have 5 restaurants in a food court that are all cheaper than having 10 that are more expensive.
Do you think the amount of media licensed/produced being lower is probably worth or not worth the lower cost?
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