Paying Netflix $0.53/h, etc.
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Paying Netflix $0.53/h, etc.
“What would I have been willing to pay for that? What would I pay more for?” Other examples: • Would you pay more for Netflix? Netflix faces competition from Amazon, HBO, and other challengers, along with many international first-movers.
That comes out to more than $17 per gym visit—when in reality they’d have been better off buying pay-as-you-go passes for $10 each.
While half a trillion hours are devoted to TV annually (just in the U.S.), it generates for its content owners, on average, only 20 cents per hour. If you were being paid to watch TV at this rate, you would be earning a third-world hourly wage. Television watching is coolie labor. Newspapers occupy a smaller slice of our attention, but generate mor
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