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The bottom is dropping out of Netflix

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Re: The bottom is dropping out of Netflix

#821

Earlier quoted context omitted.

I cancelled because it’s not worth the time investment. Good shows are not only difficult to find, but Netflix will release a season or two and unreasonably no longer continue on, without closing out the story. They try to cater to a mass audience and use a large net, but then due to capital costs or whatever reasons, they force their customer to feel stupid for getting invested into a show in the first place. I miss…

Entire seasons being released at once was such a massive positive for streaming. The fact that they're moving away from that just to boost numbers is very disappointing.

As long as they episodes stay up, I don’t mind the week-to-week model. I’ll just wait until the entire season (or seasons) is complete.

Re: The bottom is dropping out of Netflix

#822
post #712

Earlier quoted context omitted.

The problem with pay per item is that they try to stretch and tretch the amount of items/movies/episodes you watch. Netflix overdid it with making everything a serie. It's super annoying, and I simply don' have the energie to start another serie simply because Netflix's analytics say that it's better for engagement that you have use the serie format instead of a simple movie. It has very little to do with the actual…

I kind of long for the sitcoms of my youth. Something like Night Court, where it's a half an hour of jokes and then you're done . It's nice and relaxing and doesn't try and hook you into watching hours on end.

Tried modern family?

Re: The bottom is dropping out of Netflix

#823

Earlier quoted context omitted.

The recommendation system crash is coming. Name a recommendation system that shouldn't be replaced with simple rules based on obvious and transparent metrics like popularity and ratings, or by organizing things into categories. Less fancy ML nonsense, more working hard to gather high quality simple metrics.

YouTube has the best recommendation system in the world. Of course it gets lots of complaints. But the amount of fantastic content it has consistently recommended for me, including even pretty small channels, is incredible. A few points though: 1. I find YouTube to be good for general educational content. I don’t know if it’s as good for specific niches of entertainment. 2. It’s not just plug and play. You need to ac…

Visit https://www.youtube.com/feed/trending for the non-personalized alternative, based on currently popular videos in your country.

Re: The bottom is dropping out of Netflix

#824
post #804

Earlier quoted context omitted.

I completely agree. I was only lightly using Netflix so when they last raised prices it was the push I needed to actually cancel. The recent content they've rolled out doesn't justify the heftier price tag compared to competitors. I love the UX of Netflix, but content rules and they're losing that battle. I don't even want to try new shows because of their reputation for cancelling things unceremoniously.

I think many single-season Netflix shows would have been movies 15 years ago. But many types of films just don't get made anymore, and many directors and performers would rather work on series. I’d still watch a show with one season, just like I’d watch a film without a sequel. I don’t tend to watch Netflix shows because they just aren’t that good.

> I think many single-season Netflix shows would have been movies 15 years ago.

There would be one big change there I believe, in a movie they make sure to kill off arcs terminally pretty often, in series they make sure not to do that in order to be able to spin on it perpetually if demand be.

Re: The bottom is dropping out of Netflix

#825

Earlier quoted context omitted.

I think an issue for me that prevents me from collecting DVD’s, to; say - collecting CD’s - is that while a CD from the 1980’s is pretty much the best quality of audio you can still get today, DVD’s unfortunately suffer from an issue where the SD quality has aged very poorly, and the difference in resolution and image quality is insanely noticeable on, especially 4K, TV’s. Of course, since CD’s are uncompressed audio…

Many remasters sound better than the original disc. It is a small improvement however, perhaps 1.2x better at most, not a 4x one like dvd to bluray.

That’s fair - but also remasters can be subjective. For instance - I vastly prefer most of the original Beatles masters to the 2010’s remasters. Point is that we’re almost comparing 128kbps MP3 to CD quality with DVD vs. Blu-Ray.

Many Blu-Rays are remasters of the originals as well - so, it’s kinda moot with remasters. My point is with the massive quality difference, and that DVD’s in general will only get less worthwhile as time goes on.

Re: The bottom is dropping out of Netflix

#826
I just saw via a post on Reddit [0] that Netflix IS going to adding ads, or at least offering a lower/cheaper tier that has ads. But we all know where this ends and even if ads don't creep into full-price subscriptions I'm about done. I'm struggling to point to a Netflix show that I couldn't live without, or couldn't binge in less than 1 month if needed. The main reason I still have my account, and why I kept it through the price increase, is I have at least 4 friends mooching off my account. Looking at watch histories they all use it more than I do by a long shot, my last watched show was in January, they all have multiple in the last few days. If they crack down on password sharing this I'm out as well. Really it feels like just a matter of time, sharing crackdowns, another price increase, or ads and I'll cancel.

[0] https://popculture.com/streaming/news/netflix-officially-add...

Re: The bottom is dropping out of Netflix

#827

I just saw via a post on Reddit [0] that Netflix IS going to adding ads, or at least offering a lower/cheaper tier that has ads. But we all know where this ends and even if ads don't creep into full-price subscriptions I'm about done. I'm struggling to point to a Netflix show that I couldn't live without, or couldn't binge in less than 1 month if needed. The main reason I still have my account, and why I kept it thro…

Well in your situation, it's good for Netflix if you cancel. You have multiple friends using the service via your account (by your own admission) that could potentially convert into paying customers on their own.

Re: The bottom is dropping out of Netflix

#828
post #778
post #775

All the handwringing over Netflix subscriber loss seems to be overlooking the fact that they raised their prices - significantly. Of course they could lose subscribers from doing that. But 200k subscribers out of 150 million? Combined with the end of the pandemic and sky high inflation meaning many people have less opportunity to watch and less money to spend. The fact they raised their prices something like 20% and…

I wonder why the market reacted so harshly though, with NFLX losing 1/3 last Wednesday ($347 to $215).

Netflix was never worth its market cap. It’s been borrowing more money than it’s net profit for years.

Re: The bottom is dropping out of Netflix

#829
post #775

All the handwringing over Netflix subscriber loss seems to be overlooking the fact that they raised their prices - significantly. Of course they could lose subscribers from doing that. But 200k subscribers out of 150 million? Combined with the end of the pandemic and sky high inflation meaning many people have less opportunity to watch and less money to spend. The fact they raised their prices something like 20% and…

Think I read somewhere that of one of their content production differentiators is their direct-to-consumer approach. Classically lots of content was produced for the "average" consumer. Netflix can use their subscriber data to create low-cost content for extremely niche consumers, who might love that extremely relevant production (think super edgy, super graphic, super cartoon, etc - the type of extremes not covered…

This seems like a way of sugar-coating the actual content strategy Netflix deploys, which has much more to do with product placement than it does content production. Their strategy is to align their content productions with the brands that best correlate with their subscriber base. In so doing, they can create lucrative deals with brands where their products are intricately woven into the stories/narratives of the show.

As an example, Stranger Things featured an average of 9 minutes of product placement for each episode of their third season. [0] The company claims they did not receive any payments from brands for this placement [1], but they likely received other extremely valuable considerations in the form of payment instead.

[0] https://www.ama.org/marketing-news/product-placement-in-stra...

[1] https://www.fastcompany.com/90380266/more-product-placements...

Re: The bottom is dropping out of Netflix

#830
post #778

Earlier quoted context omitted.

I wonder why the market reacted so harshly though, with NFLX losing 1/3 last Wednesday ($347 to $215).

Many of the big tech stocks are insanely overpriced according to traditional investment measures. The rational reasons to support those prices are expectations of similarly extreme future growth or a belief that it might be a speculative investment but the dollars will keep pouring in. The discussions this week aren't just a wobble, they're about whether Netflix can still generate that kind of extraordinary future gr…

Netflix was never a “Big Tech stock”. It’s revenue was nothing compared to the Microsofts, Apples, Amazon’s and Google’s of the world.
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