These numbers aren’t arbitrary, they are from different base numbering systems.
60 can easily divide by 2, 3, 4, 5, 6, and 10.
12 can easily divide by 2, 3, 4, and 6 (notice how much overlap there is).
10 only divides easily by 2 and 5. Common fractions like 1/4 or 1/3 now require decimals.
Basically, base 12 and base 60 make it significantly easier to think and work in common fractions.
It is also historically significant, as base 12 used to be more common than modern base 10. Our timekeeping system dates back to the ancient Babylonians, who worked in base 12. This influence is still felt in other places, such as the fact that eleven and twelve have unique names in many languages rather than following the same pattern as everything that comes after them.
the problem i have, that nobody has been able to really explain to me, is how the economics of streaming should be made to work.
content is insanely expensive to make. even with all of Netflix’s recent shitty changes, their operating margin is still only about 13%. that isn’t enough cash left over to fund production of every single show they don’t have. and it’s important that they actually be able to fund production, because unlike 10 years ago, most productions no longer rely on first runs on OTA or cable TV to make their money
so it seems to me there are three paths here:
the industry puts everything on a single service and dramatically increases the base price (remember cable? my parents paid twice as much for it in 2005 as i spend today on streaming services)
the industry puts everything on a single service and dramatically scales back production (remember OTA TV?) to fit within the budget afforded by a reasonable subscription price
studios branch off into competing streaming services
i’m not trying to start a fight or defend shitty corporate behavior (no one will ever get me to pay for ads), i just want to know how people think this could work in a way that balances out