Live data from Hacker News

Netflix CEO may have missed the real reason why US subscriber numbers plunged

marketwatch.com

341–350 of 417 posts

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#341

Earlier quoted context omitted.

The best Netflix originals are the British shows they've rebranded as Netflix originals in the US. The actual Netflix created ones have largely missed the mark for me.

I enjoy the standup specials. I remember when Comedy Central used to have stand up comedy. But I also remember when MTV was mostly music.

Remark that that past evolution (of niche formats) does not bode well for the future of streaming video.

Case in point: I expect ads to arrive (within a decade) to streaming videos, much like they did for cable.

(Cable's main advantage in the early days was the lack of ads - or so I'm led to believe)

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#342
post #75

Netflix is just getting more expensive and less interesting to me. With all of the content I like being taken off to be hosted on network exclusive streaming platforms that I refuse to pay for - I'll probably eventually just cancel Netflix as well going back to the tried and true method of just buying bluray box-sets of the content I want to watch. Or piracy. I think the critical mistake that all these megacorps are…

Of course people would rather pay $10 a month to access everything, but that's just not sustainable. Look at Netflix's own financials. They got into content creation and they're now deep in debt despite their massive subscriber base. I also don't get why everyone is clamoring for one company to control all video entertainment distribution. Isn't that what we hated about cable? Didn't we beg for the ability to pick an…

How much did Netflix pay for the Rock and Chappelle specials? I read it was over $100M, for both men's specials, and that was what, less than 10 hours of programming? No wonder they are deep in debt.

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#343

Earlier quoted context omitted.

> a way to get all the content without having to pay lots of individual companies Ironic, as a decade ago the complaint was that we need a la cart pricing. Now that it's happening everyone is complaining about it being too expensive. What it seems people really want is the cable all you can eat buffet model, but at a 90% discount.

I'm not sure it is happening though. Can I just say... pay 10$ a month for access to 10 TV shows of my chosing? Or even better would be to pay by the minute at a rate where it ends up that 1h of TV every month is around 10$. But where the selection of shows is the entire catalogue of all shows ever.

It sounds great, but as the content is already created, this business model doesn't reflect the real cost of business either. The more people watch the same shows, the better the synergy between content creators and viewers.

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#344
I am based out of the Asian sub-continent. I cut the cord on my Netflix subscription 5 months ago.

I only have a Prime Video subscription and a Hotstar subscription (for Live football, tennis etc). Netflix started becoming a place which would have content that I absoultely didn't want to watch and there were gazillion such titles.

I felt that a reduced set of options that Hotstar (which has license to HBO-content) and Prime Video was good enough for me. I felt I had too many options on Netflix and didn't want the overhead to select one.

As for some of the content on Netflix that I do like for e.g. Narcos & Mindhunter, Piracy FTW.

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#345
post #38

I think Netflix needs to invest in quality over quantity. I agree, its hard to find something I want to watch. There is definitely choice fatigue. If they had 1/3 as many shows but those shows were 3 times better. I am sure I would have no problem.

My take on the issue is that the whole tv/movie/entertainment industry far too insular! It's a relatively small clique of writers, producers, directors and actors that they keep throwing money at despite failure after failure. What they need to do is stop with the incestuous industry patronage and get fresh blood! Perhaps we need an "America's Got Talent" equivalent for writers/producers to pitch their show ideas and…

I agree as an immigrant i noticed stories told in country I came from and in USA are limited to certain types and different from each other. They follow cultural norms so rigorously that no matter the topic overall it looks like it was another event in the same city/country/culture. Even historical reanimations are very influenced by current culture to point they are simply false depictions. So yes, no matter how much writers try they have lived a life very similar to each other. Maybe I should write stories.

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#346
The article viewpoints are probably right, Netflix and Amazon need a few more hits that people trust.

The Office was a big fallback show and Netflix needs a few of those of their own. Stranger Things probably fits that.

The Witcher might change things for quality on Netflix.

Netflix shows have high production quality in terms of cinematography, lighting, sound, color, sets, on location etc. Writing and big draw actors aren't there just yet, though they have a bunch of that going and started that way with House of Cards. Stranger Things was new actors except a couple like Winona Ryder, the writing was better and it was successful. Maniac and Sabrina are also pretty good in this area. Bojack Horseman has a cult following. Dark is amazing. Black Mirror was a great acquisition. I Am Mother was pretty good and premiering Annihilation was a steal. Russian Doll was excellent. Animation like Death, Love & Robots, Voltron, Castlevania and more are solid. Those are all the model to go for. What is missing in most shows is writing and casting/actors draw to make a staple series that becomes a fallback like the article mentions.

> Consumers turn to a trusted source when they don’t know what to watch on their streaming service

> Subscriptions like Netflix and Amazon Prime offer plenty of critically-acclaimed, award-winning content. But the thing is, viewers have to pick which movies and series they’ll watch, and observers say many are getting burned out from all that decision-making.

Now with The Witcher the writing is based on a really solid book series, they have a big name actor Henry Cavill that has read the series and it looks great. It could be their Game of Thrones.

Amazon is also trying this with Lord of the Rings and Wheel of Time.

These shows if they are done right, will get rewatched for a long time and draws in the mega fans that are influencers.

Netflix is doing pretty good with stand up comedy, maybe even the leader now. They paid Dave Chappelle and will forever be thanked for that by comedy content consumers.

Netflix and Amazon need some big hits like the coming epics, and they need some good staple shows like the Office, Parks and Recreation, Brooklyn 99 (Netflix should have bought this), Always Sunny in Philadelphia, Friends, Seinfeld, Curb Your Enthusiasm and more. When they have that they equal the content competition that has that trusted good quality. They need a few more of these always watchable fallbacks.

They are both still chasing HBO, HBO is still the top in consistently good content and shows.

Personally I love the competition, some real funding and creator freedom is being unleashed, some are big hits, some are average and some not so good, but I like the amount of content and like the vibe of where Netflix is headed. Their new intro splash where the N goes into color bands is even great, matches their really colorful catalog.

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#347
post #134

Earlier quoted context omitted.

Next to the thumbs up rating (they only have two possible ratings). It might be confusing as you sometimes (at least on iOS) have to click a thumbs up icon to be shown the actual options with the thumbs down?

I suspect they don't have it at all on their Roku channel :( I'll look again tonight, but if I can start downvoting these things, I can at least feel like I'm screaming "no" into the void, which is better than screaming "no" internally. Nobody wants to live through an "I have no mouth and I must scream" nightmare, after all.

Netflix has thumbs down on Roku. That's where I use Netflix primarily, so I'm sure I've used it there.

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#348
> Netflix was worth it because it made accessing so much content easier than piracy

Amazon can solve that problem. They makes it easy to bring all those disparate channels into a single UI. For example, we have HBO, Boomerang, CBS all in the one Amazon Prime browsing experience. IE You don't need any other apps other than Amazon Prime.

Makes it super easy, but yeah, all the $10/month start to add up.

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#349
post #321

Earlier quoted context omitted.

Amazon, Apple, Google, and Microsoft all offer paid rentals of nearly anything, on a per movie, episode, or season basis. So what you are asking for definitely exists. It’s just priced disproportionately high compared to the streaming packages that are popular these days.

$4/movie when i could get a month of X service for $8-12/month is kind of too high. Pay per episode for the TV shows I want to watch is too high almost whatever the price (who would pay anything to watch the logan's run tv series??) Maybe we can get a frequent renter's club. $20/month for 8 movies (two a week) and 20 episodes?

The Amazon Prime model works decent i think. Bunch of included content and stuff that’s too expensive to throw in for free gets a rental charge.

Was trying to find John Wick 3 this weekend and no joy. I would have paid a premium for that.

Re: Netflix CEO may have missed the real reason why US subscriber numbers plunged

#350
post #322

Earlier quoted context omitted.

It seems like there is some pitfall in making a recommendation algorithm that more and more people are falling in to. I don't watch TV or have Netflix, but I listen to streaming music, and I noticed something weird. I used to listen to Pandora, and it recommended a lot of different artists that I liked on hearing them for the first time. It single-handedly gave me a taste for 21st century music. But there wasn't enou…

Pandora has almost no variety at all. Even a playlist like "90s Alternative" which should have thousands of potential top songs plays the same songs every time I listen Google Play Music has been the best for me in terms of variety, but it's buggy as hell. It freezes up if it can't play an ad for some reason, won't automatically play when bluetooth is connected (like Pandora does), and other annoying things. (I ride…

Pandora has almost no variety at all. Even a playlist like "90s Alternative" which should have thousands of potential top songs plays the same songs every time I listen

If a streaming service didn't order automatically generated genre playlists by popularity (with a little randomness) people would stop listening to them and start saying the playlists are full of rubbish songs they've never heard of.

Post reply on HN