Netflix’s Prices Are Rising Faster Than Cable • Hacker News Board

Re: Netflix’s Prices Are Rising Faster Than Cable

#61

Post by hylaride » Mon, Jan 17, 2022, 3:13 PM UTC

samwillis wrote: post #35

discardable_dan wrote: post #2

I said this again recently, but it's worth repeating: Netflix is on the very fast downward slope. Their catalog is wilting, the space is heating up with well-established competitors moving in and serving the precise content that Netflix originally built their brand on, and their efforts to fund a new catalog with new IP (and taking ownership of old IP) is destroying the business model that made them so appealing in t…

While I don't entirely agree with you I do think the price of Netflix is getting a little higher than the value we personally get out of it. Our personal breakdown this year (in the UK): Adults in the house, we are quite picky but if we love it then we will keep watching: Netflix @£9.99: 2 tv shows, 4-5 films Apple TV+ @£4.99: 3 tv shows, 2 films Disney Plus @£7.99: 1 tv show, Loads of movies Amazon Prime @£7.99: 3 t…

Stillwater and the new Snoopy show are quite good Apple TV+ shows for kids. But otherwise, Apple TV+ has been very meh. We only have it because we have the big bundle for the icloud storage.

Re: Netflix’s Prices Are Rising Faster Than Cable

#62

Post by rkagerer » Mon, Jan 17, 2022, 3:14 PM UTC

fullshark wrote: post #17

discardable_dan wrote: post #2

I said this again recently, but it's worth repeating: Netflix is on the very fast downward slope. Their catalog is wilting, the space is heating up with well-established competitors moving in and serving the precise content that Netflix originally built their brand on, and their efforts to fund a new catalog with new IP (and taking ownership of old IP) is destroying the business model that made them so appealing in t…

My personal taste agrees with this based on viewing their catalogue, but i'd like to see evidence that consumers agree, maybe the upcoming earnings report will show cracks in the foundation. Netflix has seemed pretty barren for a while and in trouble imo but then something like Squid Game becomes a global phenomenon and you realize that they have 213 million subscribers globally and likely a pretty good understanding…

This is purely anecdotal and subjective but I've tended to dislike Netflix's taste in content as well. I refused to subscribe for years as every time I watched Netflix at someone else's house it seemed to follow the same shallow, drivelly formula. That said there have been a few gems I loved as the volume of content grew, and I get some endurance out of their library of classics (content produced back in the network television days).

Re: Netflix’s Prices Are Rising Faster Than Cable

#63

Post by henriquez » Mon, Jan 17, 2022, 3:15 PM UTC

Yarr harr fiddle dee dee…

I canceled Netflix years ago on the heels of a previous absurd price hike. Somehow I still am able to watch all the shows I want. Weird!

Re: Netflix’s Prices Are Rising Faster Than Cable

#64

Post by UnpossibleJim » Mon, Jan 17, 2022, 3:15 PM UTC

fullshark wrote: post #17

discardable_dan wrote: post #2

I said this again recently, but it's worth repeating: Netflix is on the very fast downward slope. Their catalog is wilting, the space is heating up with well-established competitors moving in and serving the precise content that Netflix originally built their brand on, and their efforts to fund a new catalog with new IP (and taking ownership of old IP) is destroying the business model that made them so appealing in t…

My personal taste agrees with this based on viewing their catalogue, but i'd like to see evidence that consumers agree, maybe the upcoming earnings report will show cracks in the foundation. Netflix has seemed pretty barren for a while and in trouble imo but then something like Squid Game becomes a global phenomenon and you realize that they have 213 million subscribers globally and likely a pretty good understanding…

Speaking of global, I have noticed that Netflix is one of the few who offers a variety of non-English/American targeted shows. There are quite a few Indian, Mandarin and Latino focused programs in their lineup, which I haven't seen on the other channels (except for HBO en Español).

Could it be that Netflix has seen that they can't compete in a crowded market with "the big boys" (though their bank share might disagree) and they're making the prudent, global market move? (I'm totally speculating and genuinely looking for an answer. Global enterprise is so far from my field)

EDIT: grammar

Re: Netflix’s Prices Are Rising Faster Than Cable

#65

Post by hylaride » Mon, Jan 17, 2022, 3:15 PM UTC

discardable_dan wrote: post #37

boardwaalk wrote: post #26

Earlier quoted context omitted.

Wait, what Apple Arcade games have ads? Some of them have “formerly had in-app purchases” vibe, but no actual ads. I would guess Netflix’s stuff to be the same.

I'd have to look at my phone. I just know I installed some and got ads in the games, and it made me unsubscribe.

There are various games that have an apple arcade version as well as an ad supported or separate paid app. It's stupidly confusing.

Re: Netflix’s Prices Are Rising Faster Than Cable

#66

Post by jorams » Mon, Jan 17, 2022, 3:15 PM UTC

arbitrage wrote: post #34

dmitriid wrote: post #19

Earlier quoted context omitted.

Do they offer the same shows and movies in Europe as they do in the US though?

Does Netflix? Does anyone?

Wikipedia shows the vast, vast majority of Netflix original programming is available globally, with only 6 exceptions[1].

[1]: https://en.wikipedia.org/wiki/List_of_Netflix_original_progr...

Re: Netflix’s Prices Are Rising Faster Than Cable

#67

Post by snicker7 » Mon, Jan 17, 2022, 3:15 PM UTC

If Netflix increases their price, than so can their competitors. And many people are now subscribed to multiple services instead of just one. In practice, this is not a 2X increase in 10 years — it is 5X.

Re: Netflix’s Prices Are Rising Faster Than Cable

#68

Post by stathibus » Mon, Jan 17, 2022, 3:16 PM UTC

MattGaiser wrote: post #45

stathibus wrote: post #36

Earlier quoted context omitted.

Product managers don't build things.

Engineers have very little say in what to build.

I think my point has been missed. You don't need that much manpower to maintain CDN. They have to either be working on something new, or sitting around doing nothing. I'm assuming they are not doing nothing so I am wondering what their product people have them working on that could be so inconsequential as to not be having any effect on their loss of market share.

Re: Netflix’s Prices Are Rising Faster Than Cable

#69

Post by nabla9 » Mon, Jan 17, 2022, 3:17 PM UTC

Netflix has no significant cash flow from other channels.

Many competitors, like Disney (Disney+, Hulu, ESPN+), Amazon (Amazon Prime Video), WarnerMedia (HBO), Apple (Apple TV+), ... can fund streaming wars (=exchange profits for market share) with their cash flow from other sources for long time if needed.

If you count every streaming service as separate, Disney has already more market share than Netflix in the US.

Re: Netflix’s Prices Are Rising Faster Than Cable

#70

Post by markus_zhang » Mon, Jan 17, 2022, 3:18 PM UTC

I figured the best way to purchase is to subscribe for one month, watch all you want, and then stop. Repeat when new series that you are interested in show up again.

Again I really think this business model is stretching for them. I would rather to subscribe on a full catalog of all classic movies and Documentaries before the year 2000 and I can subscribe that for many years.