Yep. They are following the same death spiral as movie theaters. Fewer people are going, so they charge more from the ones who still go to make up for it. This makes fewer people go, so they charge more to those who still go... Rinse and repeat until dead.
Yep. They are following the same death spiral as movie theaters. Fewer people are going, so they charge more from the ones who still go to make up for it. This makes fewer people go, so they charge more to those who still go... Rinse and repeat until dead.
"Death spiral" sounds so bad... In corpo groups, we prefer to call it a "positive feedback loop".