Live data from Hacker News

The bottom is dropping out of Netflix

pajiba.com

851–860 of 1001 posts

Re: The bottom is dropping out of Netflix

#851
shouldn't there be some scale at which we can just be happy with the value an organization is providing? how many more movies and tv shows do we need for netflix to achieves the same level of credibility as TBS or the CW?

capitalism has always been about infinite growth but seems to have gone wild since everything starting going service-based

Re: The bottom is dropping out of Netflix

#852
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…

This is certainly part of it.

There are also those who are not happy with woke content and "Anything Silicon Valley/Tech" and are walking away.

Disney has the same thing going.

Re: The bottom is dropping out of Netflix

#853
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.

Yeah it feels like the binge watch mindset kind of papers over and enables this.

Shows like a lot of their lower-tier Marvel ones can have significant pacing/padding issues but it's such easy watching and you can just burn through it in a weekend while doing something else anyway.

Re: The bottom is dropping out of Netflix

#854
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…

They've lost 200K subscribes... so far.

The full effect of price increases will take time to fully play out, plus the effects of implementing commercials have yet to be seen. Also, it remains to be seen how other streaming services will respond. Will they raise prices and add commercials too?

If Netflix becomes the one streaming brand most associated with actions hostile to their viewers, this could be the beginning of a long decline.

Re: The bottom is dropping out of Netflix

#855
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…

Definitely a part of it for some.

Me, I cancelled due to the low quality of their catalog. A decade or so ago, they had a really strong library of media. Now they don't. What they spend their money on, I find to be severely lacking.

Re: The bottom is dropping out of Netflix

#856
post #154

Since Netflix is sticking with the binge-watch release model they pioneered, I wish they would provide a 1 or 2 week-long "binge" one-time payment option. They could charge as much as for a month's subscription, but you wouldn't have to deal with canceling your subscription when you're done watching the 2 or 3 shows you actually signed up to watch. $20 for a limited time, no hassle binge is a pretty good deal; it's c…

If you sign up and cancel right away, your subscription lasts for the rest of the month (and they charge you accordingly). It is a couple extra clicks but basically what you are asking for

Good to know!

Re: The bottom is dropping out of Netflix

#857
post #854
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…

They've lost 200K subscribes... so far . The full effect of price increases will take time to fully play out, plus the effects of implementing commercials have yet to be seen. Also, it remains to be seen how other streaming services will respond. Will they raise prices and add commercials too? If Netflix becomes the one streaming brand most associated with actions hostile to their viewers, this could be the beginning…

This 200k subscribers number is missing the elephant in the room. They expected 2.5 million new subscribers. They didn't get those 2.5 million new subscribers and actually lost 200k, so they're technically -2.7 million subscribers.

This may have also triggered an exodus of subscribers too, even if Netflix doesn't do anything additionally stupid to turnoff consumers.

Re: The bottom is dropping out of Netflix

#858

Earlier quoted context omitted.

>then one day it goes missing because the wokes decided it should be memory holed. [EDIT: yeah, I can't read. Sorry for missing the example that immediately followed. ] /ignore: Curious, can you provide any examples of this actually happening?

The next line in his comment was an example

More examples: There is at least one Disney film that is not available anywhere (Song of the South; even eBay banned sale of used dvds. I saw this film as a child on I guess VHS).

There are other Disney films and WB cartoons with large sequences removed.

Re: The bottom is dropping out of Netflix

#860
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…

Netflix has good points: best ui. Good library. Their bad points is what worries me for the service: poor quality of new content.

I have not seen anything that wows me for quite some time at least for my preferences (SciFi).

So maybe it is for Netflix (the sky falling) things that start as a trickle might end as a flood.

Post reply on HN