Well it’s their developed tech and they see streaming sites raise their prices and rake money.
Comment on Firm quietly boosts H.264 streaming license fees from $100,000 up to staggering $4.5 million
Korkki@lemmy.ml 3 days ago
4500% increase
Absolute financial parasitism. This is why we can’t have nice things. People who own a license of something critical can just sit on their asses decades on end and collect unearned income from other companies who will in turn move to cost to the consumers.
Evotech@lemmy.world 3 days ago
RedSnt@feddit.dk 3 days ago
Remember when Martin Shkreli was thrown in jail for hiking the price of medicine by 5555%? That was 2017, but when something like this happens in 2026 nobody bats an eye.
ParlimentOfDoom@piefed.zip 3 days ago
No? He was arrested for securities fraud, not for increasing the price of medication.
That’s why you’re not seeing anyone bat an eye now they didn’t then either.
a_non_monotonic_function@lemmy.world 3 days ago
Medicine is not a codec.