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Netflix’s bad habits have caught up with it

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Re: Netflix’s bad habits have caught up with it

#51

Post by justbaker »

eggsmediumrare wrote: post #4
thrill wrote: post #2

The quoted "competing exec" is 100% wrong when he says Netflix is making a mistake ending shows after three seasons. Shows need to be pitched and run for three seasons max, period. Everyone has a life other than the show that's "hot" for the moment, from cast to writers to the source of money - the viewers. Shows that get dragged out inevitably suck. And yeah, go to weekly releases.

Depends on the show (IASIP has been funny until recently, South Park is still good, et cetera), but I agree that shows shouldn't have the life wrung out of them

Sadly I think both are in their decline(and have been past few seasons) Both were the worst seasons of the series… South Park lost its edge where they poke fun at anything and everything without fear of backlash. The “tolkien” episode smelled of wokeness. The tegridy episodes are getting old, you can tell the two creators just don’t care as much about the show anymore as the IRL tegridy.

Re: Netflix’s bad habits have caught up with it

#52

Post by bumper_crop »

tonguez wrote: post #37
bumper_crop wrote: post #8

It doesn't help that Netflix stands on principle and blocks all accounts in Russia, one of their major sources of subscriber growth. America, while being the most lucrative market, was already pretty saturated. Cutting off the countries with huge growth makes it extremely difficult to keep growing paying customers. But, principle comes first at Netflix, to the chagrin of their stock holders and employees.

would it even be possible for netflix to not block russian accounts? aren’t companies that big always significantly enmeshed with the state?

Generally Netflix makes shows in the same country in which it operates. This has a positive interaction between the country and the company, since the shows are more identifiable to the people who would watch them in that country. While the production in Russia probably would have to stop, there was no reason to turn off access to the existing and new customers. It had no measurable effect on Russia's actions or the outcome of the war. It was merely an attempt for Netflix to "be on the right side of history". Instead, it's shaping up to be Netflix "not being part of the future".

Re: Netflix’s bad habits have caught up with it

#53

Post by daenz »

>Its stock price collapsed by more than 35 percent Wednesday, erasing more than $50 billion in value in a single day.

For people who want to be able to tax unrealized gains like stock, what is the plan for these kinds of events? Would stockholders receive a credit from the IRS when the valuation dips?

Re: Netflix’s bad habits have caught up with it

#54

Post by arrosenberg »

daenz wrote: post #53

>Its stock price collapsed by more than 35 percent Wednesday, erasing more than $50 billion in value in a single day. For people who want to be able to tax unrealized gains like stock, what is the plan for these kinds of events? Would stockholders receive a credit from the IRS when the valuation dips?

The holders would pay less in taxes when the valuation drops, why would they get a credit? Also, the only people who would be subject to those taxes are already extraordinarily wealthy, so who cares?

Re: Netflix’s bad habits have caught up with it

#56

Post by bumper_crop »

rvz wrote: post #47
mertd wrote: post #26

Earlier quoted context omitted.

Netflix losing subscribers is a false narrative. Had they not pulled out of Russia, they would have posted a net gain.

> Netflix losing subscribers is a false narrative. So is that why the increasing competition from the likes of Apple, Disney+ and HBO, recent price increases and password sharing loopholes have plagued its growth? All of that explains why they are ( still ) losing subscribers. Pulling out of Russia, just accelerated it and that was self-inflicting.

> So is that why the increasing competition from the likes of Apple, Disney+ and HBO, recent price increases and password sharing loopholes have plagued its growth?

This is also a false narrative. Netflix subscribers seldomly churn. Long lived accounts typically don't cancel, since new content comes out on a weekly basis. You can't cancel your cable subscription and just buy Disney+; you usually keep Netflix around too. Netflix is only tangentially competing with other streamers; they are directly competing with cable.

The subscriber count is affected by two things: new subscribers coming on board, and existing subscribers leaving. Since subscribers usually don't leave, the miss was on the new subscribers coming in. It absolutely was due to high growth countries (like Russia) not growing.

Re: Netflix’s bad habits have caught up with it

#57

Post by mullingitover »

I helped drive that subscriber loss!

The mistake for Netflix was the price increase - I've had a bunch of online video subscriptions kicking around, and when I got the notification that prices were going up, it served as a reminder that I really wasn't getting much value out of Netflix at the current price, so it made zero sense to put up with a price increase. This actually made me cancel Hulu while I was at it.

It definitely doesn't help that it's about 99% certain that if there's a mainstream movie you want to watch, Netflix won't have it.

No regrets, haven't felt like I was missing anything. After the pandemic the last thing I want to do is spend more time shut indoors staring at a screen.

One comment about the article:

> While Netflix has taken small steps to evolve its release model, particularly with unscripted shows, it refuses to experiment with weekly releases on its original scripted shows. One exec at rival streamer I talked with yesterday believes this is a huge mistake, if only because it makes it harder for Netflix to build those reliable franchises it so desperately needs more of.

The only thing dumber than this idea is adding commercials, which they're planning, so I assume they'll also be dumb enough to start listening to idiots telling them to do weekly releases.

Re: Netflix’s bad habits have caught up with it

#58

Post by Sebb767 »

smegger001 wrote: post #49
thrill wrote: post #2

The quoted "competing exec" is 100% wrong when he says Netflix is making a mistake ending shows after three seasons. Shows need to be pitched and run for three seasons max, period. Everyone has a life other than the show that's "hot" for the moment, from cast to writers to the source of money - the viewers. Shows that get dragged out inevitably suck. And yeah, go to weekly releases.

Almost all the shows i watch over and over and again are ones with 7+ seasons, 90's star trek (tng ds9 voy) all 7 seasons, M A S*H 12 seasons, Frasier 11 season, Scrubs 8 season (I skip season 9 and refuse to acknowledge its existance), Red Dwarf 8 season (+ more after the revival decades later), X-Files 11 seasons, How I Met Your Mother 9 seasons, Freinds 10 seasons, Stargate SG1 10 seasons, three seasons is to litt…

> How I Met Your Mother 9 seasons

Luckily the last season only has 22 episodes!

A lot of series jump the shark of they get dragged out for long. Even worse, if it's a slow decline, it kills rewatchability. Some manage, but it goes wrong more often than not. And especially if your concept does not lend itself to a lot of seasons (like Chernobyl, for example), you should stop while it's still good.

Re: Netflix’s bad habits have caught up with it

#59

Post by AdrianB1 »

bumper_crop wrote: post #8

It doesn't help that Netflix stands on principle and blocks all accounts in Russia, one of their major sources of subscriber growth. America, while being the most lucrative market, was already pretty saturated. Cutting off the countries with huge growth makes it extremely difficult to keep growing paying customers. But, principle comes first at Netflix, to the chagrin of their stock holders and employees.

Russia is tiny in the overall number of subscribers, it is not an explanation for the hude drop in the stock price. Also the recent Netflix content shows it does not stand on principle, it is highly politicized.

Re: Netflix’s bad habits have caught up with it

#60

Post by gruez »

daenz wrote: post #53

>Its stock price collapsed by more than 35 percent Wednesday, erasing more than $50 billion in value in a single day. For people who want to be able to tax unrealized gains like stock, what is the plan for these kinds of events? Would stockholders receive a credit from the IRS when the valuation dips?

>For people who want to be able to tax unrealized gains like stock, what is the plan for these kinds of events?

tax-loss harvesting

https://www.investopedia.com/terms/t/taxgainlossharvesting.a...

>Would stockholders receive a credit from the IRS when the valuation dips?

If you realize the loss (ie. sell at a loss), under certain circumstances you can get a credit.

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