Comment by tombert

9 months ago

The combined market cap of Disney and Comcast (who owns NBC and the like) is about 350 billion dollars [1][2]. Facebook alone is worth about 1.7 trillion [3]. I had trouble finding exact numbers on this, but it seems like the movie industry itself in the US is worth less than $100 billion.

Facebook could simply buy most of the companies involved if they give them too much shit. We've consolidated way too much power into a few large tech companies. I don't see it very likely that Hollywood could win this.

[1] https://companiesmarketcap.com/walt-disney/marketcap/ [2] https://companiesmarketcap.com/comcast/marketcap/ [3] https://stockanalysis.com/stocks/meta/market-cap/