@pluralistic which brings me back to your thread and your point. We had a loyal audience and literally had a subscription magazine. We were making documentaries that were winning awards and making money at a ridiculously low cost. What if instead of launching a tv channel at the most obviously stupid time they launched their *own* streaming network? Starting with their already existing base of paying subscribers! or if they simply decided to NOT light hundreds of millions of $$ on fire?
@jasonkoebler @pluralistic This is fascinating on multiple levels. If you squint, you can kinda see a rationale that says "we're too reliant on YT for distribution," which considering the time frame is a very insightful observation. But... a cable TV channel? That's a very VC decision. Like their VC fund got a "sweet deal" on a cable channel and synergy!