Comment by awongh
8 hours ago
This is definitely another case where a union could either understand where the bigger economic forces are headed (in this case globalization, IP licensing, residuals that no longer make sense, attention economy fracturing the marketplace etc) and adapt to how people will consume content in the future, or double down on an economic model that is one generation behind.
In theory the union is the only org capable of standing up to the streamers' buying power, but it has to make sense within a business model where consumers pay one monthly fee for content. I'm not even sure what that really looks like in the end.
Maybe it's also that the FTC allowed all this monopolization to happen, and turns out that having three media companies in the US is bad.
How will unions help stand up to streamers? Many of the “Netflix originals” are already just co financed or licensed foreign films and many others are filmed in Canada.
People always think unions are magic when I saw in my small town where I grew up in South GA was that when union demands got to onerous - factories just picked up and left.
Just like software engineers scream unionization when tech companies can just expand departments overseas and as a bonus, they don’t have to worry about H1B shifting policies