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Netflix is turning into cable TV

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Re: Netflix is turning into cable TV

#3

It's becoming TV. All it needs is a live news & sports section and you'd never need to leave the Netflix app.

Then we're back to bundling.

Exactly what is keeping us from having a system where viewers just directly pay content creators? (And the likes of Game of Thrones is distributed therein?)

Re: Netflix is turning into cable TV

#4

It's becoming TV. All it needs is a live news & sports section and you'd never need to leave the Netflix app.

Then we're back to bundling. Exactly what is keeping us from having a system where viewers just directly pay content creators? (And the likes of Game of Thrones is distributed therein?)

Distributed risk. Publisher's lose money on lots of content under the context of earning it on others. If somehow you could mega selectively pick it would be very expensive.

Re: Netflix is turning into cable TV

#5
Perhaps enshittification is like the capitalistic version of carcinization [0]. Stuff like TV or the music labels or the movie industry became the way they are because it has been proven to generate the most revenue. When a new service comes out after some time it naturally tends to gravitate to the proven strategies of money making which in turn makes it seem we are going "back to the cable days".

[0] https://en.m.wikipedia.org/wiki/Carcinisation

Re: Netflix is turning into cable TV

#6
This has been happening for years with the spawning of all these streaming services.

At one point a lot of content was on Netflix but now it’s been bundled into the owners own streaming platform.

So we’ve effectively went from cable tv to digital streaming freedom and almost back to square one.

Re: Netflix is turning into cable TV

#7
It's not even doing a good job of that, though. The other day someone mentioned the 1990 movie "Taking Care of Business" with Jim Belushi and Charles Grodin. It's a pretty unremarkable movie, but I remembered liking it as a kid for whatever reason and wanted to see it again.

Of course, it's not on any of the four streaming services I pay for (I'm outside the US so ymmv). And why? Why is the studio hoarding access to this film that probably stopped making them money decades ago when they could just lease out the streaming rights and make something of it?

I would kind of love it if there were a modern day TNT / TBS / USA that had all the movies you half-remembered from long ago, but Hollywood can't get their heads out of their asses long enough in the scramble for each individual property to have its own streaming service to pick up literal free money that is just sitting there.

Re: Netflix is turning into cable TV

#8

Perhaps enshittification is like the capitalistic version of carcinization [0]. Stuff like TV or the music labels or the movie industry became the way they are because it has been proven to generate the most revenue. When a new service comes out after some time it naturally tends to gravitate to the proven strategies of money making which in turn makes it seem we are going "back to the cable days". [0] https://en.m.w…

It seems like this is a consequence of the ZIRP era ending. Now that the disruptors can't justify their market growing business models with free investor cash, they reinvent whatever business they originally displaced. See Uber pricing being competitive with taxi pricing, and every tech startup turning into a B2B SaaS, and of course Netflix.

Re: Netflix is turning into cable TV

#9

Perhaps enshittification is like the capitalistic version of carcinization [0]. Stuff like TV or the music labels or the movie industry became the way they are because it has been proven to generate the most revenue. When a new service comes out after some time it naturally tends to gravitate to the proven strategies of money making which in turn makes it seem we are going "back to the cable days". [0] https://en.m.w…

Netflix's situation was unsustainable. We were getting content very cheaply because they were skirting a lot of agreements that made sure all the people in the process got paid. Most of big tech's innovation was just doing this: skirting laws and agreements and cutting people out of the gains.

Also, companies initially allowed netflix to stream their assets because it was at first thought of as free money. Example: "We are not going to loose viewers by letting them stream our Breaking Bad, why not?"

however, cannibalizations did occur, and netflix inevitably became a competitor.

Re: Netflix is turning into cable TV

#10
post #9

Perhaps enshittification is like the capitalistic version of carcinization [0]. Stuff like TV or the music labels or the movie industry became the way they are because it has been proven to generate the most revenue. When a new service comes out after some time it naturally tends to gravitate to the proven strategies of money making which in turn makes it seem we are going "back to the cable days". [0] https://en.m.w…

Netflix's situation was unsustainable. We were getting content very cheaply because they were skirting a lot of agreements that made sure all the people in the process got paid. Most of big tech's innovation was just doing this: skirting laws and agreements and cutting people out of the gains. Also, companies initially allowed netflix to stream their assets because it was at first thought of as free money. Example: "…

"Most of big tech's innovation was just doing this: skirting laws and agreements and cutting people out of the gains."

Interesting cuz the vast majority of any tech innovation is cutting people out and using fast and reliable machines to do work instead...

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