My uneducated prediction:
The next recession is triggered by a number of major Silicon Valley business models failing (e.g. Netflix, Uber, etc).
Netflix shares sink 10% as subscriber take-up slows
101–110 of 167 posts
Re: Netflix shares sink 10% as subscriber take-up slows
#102Earlier quoted context omitted.
I didn't realise cancelling my netflix subscription made me a degenerate. *you've added more to your post now. > If you don’t like the terms on which people have offered their work, by all means, take your business elsewhere. There’s literally nothing stopping you from instead consuming the work of indie artists and producers who choose to make their work available more widely. I've not done any of those things thoug…
>I didn't realise cancelling my netflix subscription made me a degenerate. That's a very disingenuous reply. GP obviously meant suggesting you will return to piracy makes you a degenerate.
It was flippant humour at being likened to a degenerate despite a lack of details as to what my situation actually was.
He's added more meat to the comment now, and I've replied to that.
Re: Netflix shares sink 10% as subscriber take-up slows
#103Earlier quoted context omitted.
Given Netflix's propensity to burn money in an attempt to solve the problem, they're in for a world of hurt if things don't change. They fund and cancel so many projects it feels like throwing spaghetti at the wall to see what sticks. They have a few hits, but this won't save them from the content behemoths. I think Netflix should begin lobbying for a greatly retracted copyright period. Studios always need to produce…
After a couple of cancellations of shows I was liking, I'm not generally that enthused about starting a new show. Especially given the trend of not resolving anything at the end of the first season, where you get no payoff at all. I don't mind cliffhangers, but resolve the season's main problem first! (ref: The Expanse)
Expanse is continuing though!
Re: Netflix shares sink 10% as subscriber take-up slows
#104Earlier quoted context omitted.
I'm about to cancel my subscription because their content selection is weak overall. They have a few native shows that are worth watching. Beyond that, their movie selection is horrible (they've obviously navigated away from that for many years now). The perpetual price increases are getting annoying. They're trying to relatively gouge the large US market to offset the fact that they're bleeding to death (on a cash g…
As an understatement of epic proportions, those figures don't look sustainable to someone un-trained in large-scale financial accounting. The fact that it's been allowed to increase to those levels, year-on-year, would indicate that there's some likelihood of being able to either pay-back loans or show some amount of return-on-investment at some point in the relatively near future. Where is the money coming from? Why…
Compare that debt to the debt of Disney or Comcast or AT&T. It’s nothing.
Re: Netflix shares sink 10% as subscriber take-up slows
#105There's too much content making it feel nothing special.
Disney+ will have original shows from legacy IP (star war shows, marvel shows, pixar, etc) and HBO Max if WarnerMedia is smart will create live DC character TV shows or fold the DC Universe into HBO Max, along with Friends and all their 100 or more year old legacy content they can pull from. Though so far HBO Max the shows announced looks Warner isn't following Disney+ playbook which seems dumb.
Personally Netflix can nor will ever compare or have that type of strong legacy content needed to compete against Disney+. I only use friends or family accounts and again when i do there is so much content Ive never heard of with popular actors that i just sign out/do not even use it for free. Clips on Youtube suffice(mac mini connected to TV) and it's forever playing things I like works for me.
Re: Netflix shares sink 10% as subscriber take-up slows
#106Earlier quoted context omitted.
I'm about to cancel my subscription because their content selection is weak overall. They have a few native shows that are worth watching. Beyond that, their movie selection is horrible (they've obviously navigated away from that for many years now). The perpetual price increases are getting annoying. They're trying to relatively gouge the large US market to offset the fact that they're bleeding to death (on a cash g…
Serious questions: Could Netflix actually go out of business? If so, who buys their IP? Who will be the major players in the streaming entertainment space in 5 years? How will this impact film and tv production/distribution? (Less variety in theaters?) Is consolidation in the media industry something lawmakers would take interest in breaking up? Can we lobby to decrease copyright duration? Can an aggregation service…
Anyone can go out of business. Netflix going out of business right now is highly unlikely. Your comment is asking this in response to some specific stats with no comparison to how competition is doing. If those stats and numbers are making you question Netflix then you should be questioning most if not all media companies much more.
Re: Netflix shares sink 10% as subscriber take-up slows
#107I cancelled my subscription, not because of the price increase, but because the auto-play interface made me stop using the app.
I'm about to cancel my subscription because their content selection is weak overall. They have a few native shows that are worth watching. Beyond that, their movie selection is horrible (they've obviously navigated away from that for many years now). The perpetual price increases are getting annoying. They're trying to relatively gouge the large US market to offset the fact that they're bleeding to death (on a cash g…
What about the debt loads of their three Main competitors? Disney, Comcast, AT&T? Their debts are insane. Of course they all are much more diverse companies, but their debts are also many multiples higher than Netflix. It’ll be some time before Netflix debt reaches Disney’s. At that point, the point could be much stronger. But at that point the status of Disney’s streaming service figures and Netflix’s figures would matter just as much.
Re: Netflix shares sink 10% as subscriber take-up slows
#108Netflix has yet to find a property that can go the distance and really hook people long term. This whole “cancel a show after 3 seasons” is not what users who grew up with 6,7...10 year runs of shows connect to. They need some content with long legs to keep the sort used to Frasier like life spans. That’s who was tuning in during their growth period, for those old shows they can’t hang onto now.
Stranger Things seems to be a massive hit. Shelf life is unclear though. House of Cards was a hit and now it’s completely irrelevant it seems for comparison.
Stranger Things is done after 5 seasons. Not that long.
Re: Netflix shares sink 10% as subscriber take-up slows
#109Netflix has yet to find a property that can go the distance and really hook people long term. This whole “cancel a show after 3 seasons” is not what users who grew up with 6,7...10 year runs of shows connect to. They need some content with long legs to keep the sort used to Frasier like life spans. That’s who was tuning in during their growth period, for those old shows they can’t hang onto now.
Stranger Things seems to be a massive hit. Shelf life is unclear though. House of Cards was a hit and now it’s completely irrelevant it seems for comparison.
House of Cards had to be emergency-landed due to the whole Kevin Spacey thing though, so it's not a good anecdote here.
Re: Netflix shares sink 10% as subscriber take-up slows
#110As someone who recently cancelled my Netflix subscription after idly flipping through it and realising nothing here holds my interest anymore, I feel like many of the reasons people pirated TV/Film content in the past (and Netflix helped to reduce by many-fold) have now returned with a vengeance. I'm on Australian Netflix, and the selection of titles has steadily diminished from an already reduced catalogue to the sa…
> This makes the piracy route become more and more attractive again - and I don't like that this is the case. I want to pay people for their content. People like to say this, but, no offense, it just doesn't seem true. It sounds like a justification. (And I'm not judging, I'm just not convinced by this reasoning). Signing up for 3-4 streaming services is pretty easy. If you use something like an apple tv or fire tv y…
To be clear, I don't pirate and haven't except for niche stuff that I can't get my hands on otherwise.
If money was tight and I didn't have other hobbies I might consider it. But at the moment selling me 3-4 streaming services for $80 a month when I can just watch youtube instead, or pick up a good 4 year old game for $10 is a tough sell to me.