Post

Karl Bode
@karlbode.com

don't worry, there's only like 50 years of hard data, much of which involves this very company, showing that these megadeals are pointlessly disastrous for labor, consumers, markets, and product quality

33 reposts218 likes

Karl Bode
@karlbode.com

in their heads they think they're also going to become a top tech company but when traditional media and telecom giants make this pivot they always fall on their face (see: AT&T)

Andre Kenji de Sousa
@andkenbrbr.bsky.social

I also think that what should frighten them is that Amazon doesn't really need to make money with Prime Video. I'm seeing Prime Video and Netflix in a turf war in Latin America, with all legacy players being squeezed.

Karl Bode
@karlbode.com

Like AT&T I think it's just hubris in that they think they can buy their way to market dominance but it's such a fickle and unstable segment and these kinds of execs aren't really innovative adaptation types, they're just cocksure bullies