Netflix Flexes

#1

Post by jmsflknr » Sun, Jan 27, 2019, 6:42 PM UTC

Re: Netflix Flexes

#2

Post by iambateman » Sun, Jan 27, 2019, 7:15 PM UTC

I’ve said this before, but I expect Netflix to continue to flex their muscle until they have an average subscription cost of $35-40/month.

There’s so much room in the entertainment market for them to save customers $50/mo, offer them more, and increase their revenue.

Re: Netflix Flexes

#3

Post by chinathrow » Sun, Jan 27, 2019, 7:18 PM UTC

"Netflix is so confident in its position it is effectively stating that if customers choose to watch TV, they will choose Netflix."

That is, until they stop choosing Netflixt.

I cancelled my Netflix account a week ago after finally realizing what a huge time suck it has become in my life. I know I'm just one data point but I'm pretty sure others will come to that conclusion eventually.

Re: Netflix Flexes

#4

Post by [deleted] » Sun, Jan 27, 2019, 7:20 PM UTC

iambateman wrote: post #2

I’ve said this before, but I expect Netflix to continue to flex their muscle until they have an average subscription cost of $35-40/month. There’s so much room in the entertainment market for them to save customers $50/mo, offer them more, and increase their revenue.

[deleted]

Re: Netflix Flexes

#5

Post by Phenomenit » Sun, Jan 27, 2019, 7:22 PM UTC

iambateman wrote: post #2

I’ve said this before, but I expect Netflix to continue to flex their muscle until they have an average subscription cost of $35-40/month. There’s so much room in the entertainment market for them to save customers $50/mo, offer them more, and increase their revenue.

I would never pay more than the 10€ I pay now if the content quality and quantity they have at the moment persist, especially for us non US subscribers.

Also I doubt they can keep it up, soon they and Amazon will go through all the culture written down and then what?

Re: Netflix Flexes

#6

Post by orev » Sun, Jan 27, 2019, 7:23 PM UTC

iambateman wrote: post #2

I’ve said this before, but I expect Netflix to continue to flex their muscle until they have an average subscription cost of $35-40/month. There’s so much room in the entertainment market for them to save customers $50/mo, offer them more, and increase their revenue.

The market is on its way to fragmentation as more content producers move to have their own apps instead of going through an intermediary. And they all want $10-$15 a month. It won’t be long before people refuse to pay for more apps, as the total cost of both the Internet connection and all app subscriptions surpasses the price they used to pay for cable. That is what limits the price any one app can charge.

Re: Netflix Flexes

#7

Post by ballenf » Sun, Jan 27, 2019, 7:23 PM UTC

iambateman wrote: post #2

I’ve said this before, but I expect Netflix to continue to flex their muscle until they have an average subscription cost of $35-40/month. There’s so much room in the entertainment market for them to save customers $50/mo, offer them more, and increase their revenue.

For me Netflix isn’t competing against cable (its been 15 years since I subscribed) but against YouTube and small mobile games that I can play a few minutes here and there.

In that light they are already a little too expensive for the value to me for a yearlong subscription. Instead I’ll subscribe for a few months and then cancel when I realize I’ve been paying without watching anything for weeks.

Re: Netflix Flexes

#8

Post by matwood » Sun, Jan 27, 2019, 7:24 PM UTC

chinathrow wrote: post #3

"Netflix is so confident in its position it is effectively stating that if customers choose to watch TV, they will choose Netflix." That is, until they stop choosing Netflixt. I cancelled my Netflix account a week ago after finally realizing what a huge time suck it has become in my life. I know I'm just one data point but I'm pretty sure others will come to that conclusion eventually.

So you stopped watching television style entertainment? That’s a great change if so, but I’m not sure I see that happening on a wide spread basis anytime soon.

Re: Netflix Flexes

#9

Post by general8bitso » Sun, Jan 27, 2019, 7:25 PM UTC

I have been a Netflix subscriber for over 5 years now, but seldom use it anymore.

Most streaming is via Hulu (commercial free) or Prime in our house nowadays.

I don’t have children, but I could see how having the Disney catalog would be enticing to parents of young children.

Also, strange the article did not mention Fortnight, by name, as a competitor.

Re: Netflix Flexes

#10

Post by zaroth » Sun, Jan 27, 2019, 7:26 PM UTC

iambateman wrote: post #2

I’ve said this before, but I expect Netflix to continue to flex their muscle until they have an average subscription cost of $35-40/month. There’s so much room in the entertainment market for them to save customers $50/mo, offer them more, and increase their revenue.

I can speak for myself, at that price I need to get live streaming as well as on-demand.