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For five years, Netflix, Disney+, Max, and Peacock spent billions on original popular media. The strategy was "growth at all costs." Now, the bill has come due. We are seeing a mass consolidation of libraries. Studios are licensing their content back to competitors because exclusivity is too expensive.

Gone are the days when "entertainment" meant sitting silently in a dark theater. Today’s popular media demands participation. Carla.Morelli.Punished.By.Spiderman.XXX.1080p -...

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