[bart_spoon]

I agree most people won’t turn to privacy. I still think streaming services like Netflix will take a massive hit though, not because people are turning to privacy but because the market is saturated and people have lots of different streaming subscriptions. If a recession hits, I think it’s unlikely every user cancels all their subscriptions, but many will likely reduce the number to just one or two. For some people, they might axe Disney+ and keep Netflix. Others may opt for Hulu and get rid of Netflix. I think virtually all of them will see a sizable loss of subscribers.