Netflix Gains 2.4M New Subscribers, Reversing Trend • Hacker News Board

Re: Netflix Gains 2.4M New Subscribers, Reversing Trend

#21

Post by silisili » Wed, Oct 19, 2022, 1:33 AM UTC

norwalkbear wrote: post #16

It's fake just like HBO max. Att gives free HBO max, t mobile gives free netflix. Lots of corporate shenanigans going to artificially boost dying audiences I know because we see the same thing in the mobile game world. I'm pretty sure just looking at usage numbers of the companies left that I contract with across America,Asia, Europe, and Brazil that we are in a global recession.

Yup. I only signed up for peacock because Comcast gave it to me, and HBO for a similar reason. Paramount was offered but even free it seems not worth it. I don't subscribe to Netflix, but may rejoin next year for a couple months to catch up.

Subjectively, of course, I've found Netflix content as a whole has gotten much worse each year. I also feel they're padding numbers with a shitton of foreign content most people probably aren't interested in.

Then again, Stranger Things dropped in Q3 I believe, so it could have been a rush of month or two subscribers.

Re: Netflix Gains 2.4M New Subscribers, Reversing Trend

#22

Post by curiousDog » Wed, Oct 19, 2022, 2:07 AM UTC

iLoveOncall wrote: post #8

crazygringo wrote: post #5

Earlier quoted context omitted.

Nobody's going to "win" streaming, but like so many consumer industries, it's probably going to result in 3 major services and then a long tail. Netflix is almost certainly going to stay as one of those 3 major ones, with Disney as a 2nd. But unlike Coke/Pepsi or AT&T/Verizon/T-Mobile, you buy all 3 (or cycle through them) rather than sticking with just one. And they're not a tech company anymore, because as you say…

Netflix will 100% lose long term. The ones that will win are the ones that are supported by other businesses. Amazon PrimeVideo can lose 100M viewers in a quarter, it doesn't matter, the money is still here, and it won't even make the stock price move by a tenth of a percent. Netflix loses 10M subscribers in a quarter and its stock will be worth 0. Netflix has literally no way to compete against the other giants. It'…

Netflix has been in business for 25years now and competing with Amazon prime for close to ~12 years.. Of course on a long enough timeline survival zero yada yada..

Re: Netflix Gains 2.4M New Subscribers, Reversing Trend

#23

Post by cactus-bussin » Wed, Oct 19, 2022, 2:23 AM UTC

curiousDog wrote: post #22

iLoveOncall wrote: post #8

Earlier quoted context omitted.

Netflix will 100% lose long term. The ones that will win are the ones that are supported by other businesses. Amazon PrimeVideo can lose 100M viewers in a quarter, it doesn't matter, the money is still here, and it won't even make the stock price move by a tenth of a percent. Netflix loses 10M subscribers in a quarter and its stock will be worth 0. Netflix has literally no way to compete against the other giants. It'…

Netflix has been in business for 25years now and competing with Amazon prime for close to ~12 years.. Of course on a long enough timeline survival zero yada yada..

No post body was provided.

Re: Netflix Gains 2.4M New Subscribers, Reversing Trend

#24

Post by chernofool » Wed, Oct 19, 2022, 3:06 AM UTC

SQueeeeeL wrote: post #13

deskamess wrote: post #12

For budget conscious customers I think the cheaper ad version of Netflix may not be a bad option. You get all the content at the expense of a few minutes of ads. Still not as onerous as cable. Once the financial situation improves you move up the value chain.

This is how our brief golden age of ad free content ends. Not with a bang, but with quiet resignation about how 'it's really better for us!'

5 years from now: content is only available on expensive ad platforms, everybody is back to pirating content.

10 years from now: rightsholders get desperate enough to let you purchase and download DRM-free TV shows and movies. Whoever re-invents iTunes gets on the cover of Forbes.

I wish we could find a way to disincentive the sort of collective short-term greed that sinks an industry. These periodic dry spells of accessible media content are inconvenient and unnecessary.

Re: Netflix Gains 2.4M New Subscribers, Reversing Trend

#25

Post by Gunax » Wed, Oct 19, 2022, 3:44 AM UTC

dragon-hn wrote: post #7

Gunax wrote: post #4

I am a big Netflix fan (subbed since 2003) but I am concerned about their future since 2017 or so. The reality is that streaming is becoming a commodity technology. What was cutting edge in 2007 and new in 2010 just isn't very differentiating any longer. I don't know what their alpha is. Everyone seems to complain about Netflix content (though I think it has the best selection, but whatever) and I worry they are figh…

In my opinion you are incorrect that streaming tech is a commodity. Nobody comes close to Netflix in video delivery and client robustness. I’d say Netflix is many years ahead of its competitors in terms of technology.

Hmm, i guess I dont see it. I really dont find much difference between any of the top competitors.

Re: Netflix Gains 2.4M New Subscribers, Reversing Trend

#26

Post by parkingrift » Wed, Oct 19, 2022, 10:31 AM UTC

norwalkbear wrote: post #16

It's fake just like HBO max. Att gives free HBO max, t mobile gives free netflix. Lots of corporate shenanigans going to artificially boost dying audiences I know because we see the same thing in the mobile game world. I'm pretty sure just looking at usage numbers of the companies left that I contract with across America,Asia, Europe, and Brazil that we are in a global recession.

T-Mobile has been offering free Netflix for over three years. They don’t even market it these days.

As for the reduction in mobile game usage, perhaps consumers are finally growing weary of the abomination that has become mobile gaming? Predatory, ad-filled, and micro transaction riddled treadmills. Having fun is an entirely secondary goal from evacuating funds from wallets.