others will become a customer if the price is right.
This is me 100%. I was a huge pirate back in the day. As streaming services grew, I slowly stopped pirating. Netflix and Hulu had enough content to keep me entertained for $20/month. Now there’s too many streamers, commercial free prices are rising close to $20 each, and each service only has a handful of things I want to watch. The open water is looking more tempting every day.
The convenience is the issue for me. There should be minimal friction between me and the movie playing. For a while, around 2010-12, Netflix and also the pirate streaming sites had it right. Things worked like butter, it was beautiful. For a few years, the legit streaming sites got good too but then corporatism ruined it. All the distributors yanked their stuff from Netflix, rolled out half baked apps three years too late, filled them with b movies and a few out of date AAA titles, and basically attempted to make the case that streaming was bad and you should pay for cable and go to the theater.
oh yeah. I stopped pirating during the golden age of Netflix because it was just more convenient to pay and stream. Now piracy has become the easiest way to get new content again.
Personally I get lost in the weeds whenever I look at pirate communities. I was considering a “debrid” service for ease of use but then got hit with “they don’t seed those are super bad” and was told to look into a seedbox, and get invited into trackers, and get stremio, and buy a personal server…
Lol I’m probably overcomplicating things for myself but sheesh my head spins when I get into this stuff.
I just use free streaming sites. In some circumstances pirating is the only way to way to watch the highest quality version of the content. For example, Star Trek: Deep Space Nine was AI upscaled to HD by fans after the studio said it was “too expensive” – so pirating is literally the only way to watch it on a modern TV without feeling like you need eyeglasses.
For me it’s not even about price. I only (theoretically!) pirate if I cannot buy the album anywhere. I don’t pay to stream, but I definitely pay to buy so I can listen on my chosen device.
Big production companies don’t want to make their music or movies available for easy use. You have to jump through hoops and stream on some annoying platform rather than pay to download and play wherever you want. Soooo… they don’t get my money. They don’t want my money.
First and foremost the headline is intended to make it sound like Spotify is losing that money. Just look at the comments here and you can see that it’s very commonly misunderstood.
That said, opportunity cost is considered an irrelevant cost.
A relevant cost deals with actual cash flow, and opportunity cost is vapor because it doesn’t actually hit the ledger in any way. It’s nothing more than a way to express potential revenue changes, which are really just educated guesses.
If opportunity costs were meaningful at all then every business would be losing trillions of dollars.
Yea, I hate when opportunity cost and loss are conflated.
Opportunity cost will be the death of our current system IMO.
Buying up housing, hiking subscription prices because Oooh We Can Make More Money, They Will Pay For It Anyway
And piracy. Most people who pirate had no intention of being customers to begin with… and others will become a customer if the price is right.
This is me 100%. I was a huge pirate back in the day. As streaming services grew, I slowly stopped pirating. Netflix and Hulu had enough content to keep me entertained for $20/month. Now there’s too many streamers, commercial free prices are rising close to $20 each, and each service only has a handful of things I want to watch. The open water is looking more tempting every day.
The convenience is the issue for me. There should be minimal friction between me and the movie playing. For a while, around 2010-12, Netflix and also the pirate streaming sites had it right. Things worked like butter, it was beautiful. For a few years, the legit streaming sites got good too but then corporatism ruined it. All the distributors yanked their stuff from Netflix, rolled out half baked apps three years too late, filled them with b movies and a few out of date AAA titles, and basically attempted to make the case that streaming was bad and you should pay for cable and go to the theater.
So I sail the seas more than ever.
oh yeah. I stopped pirating during the golden age of Netflix because it was just more convenient to pay and stream. Now piracy has become the easiest way to get new content again.
Come join us ye scaleewag. Thar be free booty across the bay in all directions.
Personally I get lost in the weeds whenever I look at pirate communities. I was considering a “debrid” service for ease of use but then got hit with “they don’t seed those are super bad” and was told to look into a seedbox, and get invited into trackers, and get stremio, and buy a personal server…
Lol I’m probably overcomplicating things for myself but sheesh my head spins when I get into this stuff.
Honestly, the old Bay and a vpn is all I use. The top 100 hd movies alone is worth a peek every few weeks to see what pops up.
I just use free streaming sites. In some circumstances pirating is the only way to way to watch the highest quality version of the content. For example, Star Trek: Deep Space Nine was AI upscaled to HD by fans after the studio said it was “too expensive” – so pirating is literally the only way to watch it on a modern TV without feeling like you need eyeglasses.
Yarg, I came for the booty and never left!
YARRRRR
For me it’s not even about price. I only (theoretically!) pirate if I cannot buy the album anywhere. I don’t pay to stream, but I definitely pay to buy so I can listen on my chosen device.
Big production companies don’t want to make their music or movies available for easy use. You have to jump through hoops and stream on some annoying platform rather than pay to download and play wherever you want. Soooo… they don’t get my money. They don’t want my money.
Opportunity cost is still a cost, and this article is about “costs”.
First and foremost the headline is intended to make it sound like Spotify is losing that money. Just look at the comments here and you can see that it’s very commonly misunderstood.
That said, opportunity cost is considered an irrelevant cost.
A relevant cost deals with actual cash flow, and opportunity cost is vapor because it doesn’t actually hit the ledger in any way. It’s nothing more than a way to express potential revenue changes, which are really just educated guesses.
If opportunity costs were meaningful at all then every business would be losing trillions of dollars.