Sean Liu

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Facebook benefits from the ultimate jujitsu move: it will likely become the largest media company on earth, and it gets its content, similar to Google, from its users. In other words, 2 billion customers labor for Facebook without compensation. By comparison, the big entertainment companies must spend billions to create original content. Netflix is shelling out more than $100 million for each season of The Crown and will spend $8 billion on content in 201821
The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google
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