21–30 of 188 posts
Earlier quoted context omitted.
>>The economy goes from boom to bust, bust to boom, it does not have to. boom and bust is a direct result of fiat currency and manipulation of that currency by central banks
Currency is the lifeblood of the system known as a state, what exactly would you consider an alternative? Surely you're not suggesting a gold standard would solve the issue?
Netflix made waves for sure with original content, but if you look at in another light, it was just an extension of what HBO and other cable networks had already started doing.
And Hollywood initially was much more concerned with Youtube and piracy than Netflix, see the introduction of Hulu as a free ad-supported broadcast-network-based "TV from last night" alternative to piracy.
Hulu borrowed the back catalog model from Netflix as streaming grew, and then eventually started doing its own originals too, which was then also copied by everyone else, including Youtube, ironically enough.
And this was a boon for writers and actors and studious, but at the same time the contracts weren't particularly well thought out (see how some stuff has now been pulled from streaming altogether because the views weren't seen as enough to support paying whatever was needed to make it available at all per contract) or actor/writer friendly in terms of residuals.
So it's a tough time on the backend now since hardly anyone who tried to throw money at content and hope profit followed succeeded (hi Quibi), and the market was oversaturated, PLUS the deals got increasingly talent-unfriendly since the syndication residuals and similar dried up. And now there's the specter of AI too!
But all that was set in motion from 2007-2013, before "magical thinking" about Uber, Theranos, WeWork, etc was mainstream; and even without AI things would be at a head.
"The boom times are over. Executives know it. Wall Street knows it. And the story that we're in a revolutionary moment of technological transformation will run out of gas soon." "Wildly profitable tech companies are citing an as-yet notional recession to make deep workforce cuts. They may have another agenda."
I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
Netflix are not an innocent tech company doing the best for consumers in the face of big bad Hollywood. For all of Hollywood’s flaws, it was a simple business: make something, make money off it, repeat. Netflix brought the Silicon Valley funny money into the picture and threw everything out of whack.
I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
Let me put it in perspective for you: Hollywood the actors and writers are on strike because Hollywood, the money making machinery decided to replace them with a product from SV. I don’t care for Hollywood and indeed it has gotten quite garbage anyway but I do support the actors and writers striking because they can. For the rest of us it remains to be seen how we’re going to handle it or whether we boil slowly.. In…
Earlier quoted context omitted.
Currency is the lifeblood of the system known as a state, what exactly would you consider an alternative? Surely you're not suggesting a gold standard would solve the issue?
No, they are almost certainly suggesting crypto would solve the issue...
Anyway I'd also like to express my sympathies to the moderators here, as I seem to have upset a whole botnet of them.
I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
Netflix used their magical tech money to compete with studios in a wildly unprofitable way. Netflix churns out hundreds of thousands of hours of content each year at heavy, heavy losses, because they can afford to burn money to force the studios to the table. If we imagine a world in which streaming platforms were only ever licensees and not producers, it’s easy to imagine the status quo could have continued indefini…
Then that's just the cost of acquiring content, not a total loss. I'm not comfortable labeling it a loss because it supports user retention _and_ acts as force to draw in other content providers.
I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
Netflix used their magical tech money to compete with studios in a wildly unprofitable way. Netflix churns out hundreds of thousands of hours of content each year at heavy, heavy losses, because they can afford to burn money to force the studios to the table. If we imagine a world in which streaming platforms were only ever licensees and not producers, it’s easy to imagine the status quo could have continued indefini…
Netflix is quite profitable, so this is clearly not true in any meaningful way.
I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
Netflix used their magical tech money to compete with studios in a wildly unprofitable way. Netflix churns out hundreds of thousands of hours of content each year at heavy, heavy losses, because they can afford to burn money to force the studios to the table. If we imagine a world in which streaming platforms were only ever licensees and not producers, it’s easy to imagine the status quo could have continued indefini…
Studios did originally take them up on some early license agreements that were very time limited to see the market. And they kept terms that were basically identical as some of the terms they use for syndication, which Netflix agreed to as they don't want to share too much data, for fear of things.
Not shockingly, at the table between studios and Netflix, the actors and writers are not represented. Getting that corrected does make sense to me. I'm not entirely clear that having residuals tied to actual streams will actually benefit as many as the current discussion hopes.
I support the strikes and hope it comes to a good conclusion; but this feels a touch forced, honestly. I get that it is in vogue to blame silicon valley, but hollywood has a littered history of killing their goose, as it were. For fun, consider that if netflix had stuck to the DVD model, they could still be profitable. You don't need a special license to buy a dvd and rent it out to anyone. Just as you don't need a s…
If Netflix never got into production that would be a different story, but they did so here are the consequences of that.