@danwagstaff
Wow, this is spot-on analysis, at least seen from my perspective inside the industry. I've been complaining about how insanely risk-averse and short-sighted executives are, and Apple treated the animated show I was on the same as in the article: no viewership numbers, no release schedule, strung along for months about season two without saying 'no' (despite evidence we were a top-viewed show).
What I didn't expect was the same private equity firms that @pluralistic has been writing so incisively about to have been at the root of it once again.