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An Elon-free year in review

Channels with Peter Kafka

CHAPTER

Streaming and Retirables

There are all sorts of just the way that payments work in the entertainment business with contracts with Union and things called residuals where you get paid anytime people watch something on a streaming service or rent it or buy it via Apple. There are small checks that people will collect. And if the company can avoid paying that by basically wiping it off the face of the earth, they will. It's part of the defense for these moves which are largely cost cutting and they don't want to seem cheap. The other thing is that there is a belief among some services, I would say, that they would like to declutter and limit the library so that the act of browsing and searching is not as traumat

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