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Netflix’s Prices Are Rising Faster Than Cable

interneteconomist.com

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Re: Netflix’s Prices Are Rising Faster Than Cable

#201

Post by xhkkffbf »

discardable_dan wrote: post #2

I said this again recently, but it's worth repeating: Netflix is on the very fast downward slope. Their catalog is wilting, the space is heating up with well-established competitors moving in and serving the precise content that Netflix originally built their brand on, and their efforts to fund a new catalog with new IP (and taking ownership of old IP) is destroying the business model that made them so appealing in t…

I can feel it happening. When Netflix was cheap, I kept it around and rented 2-3 movies a month. Now I have no interest in their new content and they don't have much old content anymore. It's now just too violent and sex obsessed for my tastes. They even continue to host "Riverdale", a show that tries to be hip and cool by rewriting Archie comics with plenty of statuatory rape. But it's not even presented as a bad thing. Just more "forbidden fruit."

Re: Netflix’s Prices Are Rising Faster Than Cable

#202

Post by awb »

vagrantJin wrote: post #81
nikanj wrote: post #8

Earlier quoted context omitted.

Most of the competitors can lean on a decades long backlog of hits that attract people. Netflix needs to build everything from scratch, and the cost of creating TV series is ridiculously high nowadays

> the cost of creating TV series is ridiculously high nowadays I disagree with this claim. Their problem is that they enjoy losing money - a fetish if you will - in an attempt to draw and cater to a very particular and very young crowd. Its like they forgot that somewhat mature people over 35 actually do exist and are usually the ones paying for the service. Its a pity because with all that talent and resources - the…

Per the cost of content creation:

> Netflix spent approximately $17 billion on content in 2021 and ended the year with an estimated 222 million subscribers, a cost per subscriber of $76.60 (keep in mind that Netflix has other costs like sales, marketing, facilities, and labor just like any other company). Under the new subscription pricing model, 41% of the annualized price of the standard plan will go towards covering Netflix’s content costs, down from 47% before the price hike.

Re: Netflix’s Prices Are Rising Faster Than Cable

#203

Post by J253 »

discardable_dan wrote: post #2

I said this again recently, but it's worth repeating: Netflix is on the very fast downward slope. Their catalog is wilting, the space is heating up with well-established competitors moving in and serving the precise content that Netflix originally built their brand on, and their efforts to fund a new catalog with new IP (and taking ownership of old IP) is destroying the business model that made them so appealing in t…

> Netflix is on the very fast downward slope

I definitely don’t disagree with this, but here’s a question for people: if Netflix used their original content budget to instead procure existing content like they originally did, would this save them? This is obviously complicated with everyone creating their own streaming service to charge for their own content, but I’d certainly be happier with Netflix if I had a much better selection of other stuff and not “Netflix Originals”.

Re: Netflix’s Prices Are Rising Faster Than Cable

#204

Post by kevinmchugh »

dec0dedab0de wrote: post #188
discardable_dan wrote: post #2

I said this again recently, but it's worth repeating: Netflix is on the very fast downward slope. Their catalog is wilting, the space is heating up with well-established competitors moving in and serving the precise content that Netflix originally built their brand on, and their efforts to fund a new catalog with new IP (and taking ownership of old IP) is destroying the business model that made them so appealing in t…

I think Netflix is worth it for the comedy specials alone. Which was the only reason I ever got HBO back in the day. The original shows I watch are just icing on the cake. I think they would have more mindhsare if they released episodes weekly like Disney+ it's easy to forget how much you like a show when you only watch it one day a year. Now I have HBO for south park and then my family got into some of the DC shows.…

You could sign up and immediately cancel. Your access lasts a month at that point. I think JustWatch has notifications or emails for when new seasons drop.

Also it's about the easiest task for a marketing team to email you to resubscribe when a new season of a show you watched comes out

Re: Netflix’s Prices Are Rising Faster Than Cable

#205

Post by ericmay »

discardable_dan wrote: post #43
samwillis wrote: post #35

Earlier quoted context omitted.

While I don't entirely agree with you I do think the price of Netflix is getting a little higher than the value we personally get out of it. Our personal breakdown this year (in the UK): Adults in the house, we are quite picky but if we love it then we will keep watching: Netflix @£9.99: 2 tv shows, 4-5 films Apple TV+ @£4.99: 3 tv shows, 2 films Disney Plus @£7.99: 1 tv show, Loads of movies Amazon Prime @£7.99: 3 t…

I'm about in your boat, except with HBO Max instead of Apple TV+ (their shows aren't as appealing to me). And as those numbers climb and I look at one to cut, Netflix is the easiest. That's the whole point, though: Netflix is going to be the service on the chopping block before these others.

Why aren't Apple's shows (and movies?) appealing to you? If you dropped them on HBO I wouldn't know the difference. There are lots of different genres, great actors, and compelling stories.

We have Netflix (via T-Mobile), Hulu, Prime, HBO, Disney+ and Apple TV. Some of these (Disney/Hulu) are from family or friends. WE only pay for Prime (probably the lowest quality of all of these) and Apple TV (because of Apple One subscription).

HBO and Apple TV and Disney+ have the best quality content IMO. Netflix is kind of around there sometimes but a lot of just pure garbage (Looking at you Cowboy Bebop). Hulu isn't bad. Comparable to Netflix but less content. Prime is just bad for the most part. If Wal-Mart had launched it instead it's about what I'd expect it to be.

Re: Netflix’s Prices Are Rising Faster Than Cable

#206

Post by usrusr »

jguimont wrote: post #102
UnpossibleJim wrote: post #64

Earlier quoted context omitted.

Speaking of global, I have noticed that Netflix is one of the few who offers a variety of non-English/American targeted shows. There are quite a few Indian, Mandarin and Latino focused programs in their lineup, which I haven't seen on the other channels (except for HBO en Español). Could it be that Netflix has seen that they can't compete in a crowded market with "the big boys" (though their bank share might disagree…

Actually most countries mandate a % of local content from Netflix. So they sponsor, buy, produce shows for that country and make it available to the world to expend the catalogue. That is quite nice for smaller director/producer to get access to a global crowd. I remember a local movie (1) that became, almost over night, the most watched movie in Quebec's history with more than 21M viewer. Quebec population is ~8M. (…

Yeah, they didn't come up with that on their own. But if others who I'd suppose will have to deal with the same regulations fail to make the best of it (e.g. if those others just check the boxes with some clever accounting tricks) it can very much become a unique brand feature. "Stuff that picks up unique qualities of country x fiction while pulling it up from the usual country x provinciality to global standards" can be a very powerful formula.

Re: Netflix’s Prices Are Rising Faster Than Cable

#207

Post by ugjka »

toxik wrote: post #100
yulaow wrote: post #52

Here in Europe netflix content/catalog is degrading so rapidly that I have no reason anymore - since at least an year and half - to keep a subscription up, especially for what it costs now. Last time I resubscribed to look at it was in December and I just ended up watching just squid game and rewatching narcos. Nothing else interesting anymore in there, and their own IPs are mostly bad I am honestly sad for how the m…

It's a larger problem than that, isn't it? We collectively moved from piracy to Netflix and other streaming platforms because the appeal was gone. But pulling the rug from underneath your users and removing movies and TV series they have built a relationship to just serves to piss off the very people you expect to pay for your service -- I understand it's a "complicated" IP problem (really, it's just too many greedy…

Had to torrent "Friends" for a friend (pun intended?) because Netflix pulled it here

Re: Netflix’s Prices Are Rising Faster Than Cable

#209

Post by quadrifoliate »

vultour wrote: post #153
fairity wrote: post #115

Why doesn’t Netflix explore adding ads to their viewing experience? Yes, I wouldn’t like ads, but cable’s revenue model is subscription plus ads, so I’m curious why Netflix thinks their optimal revenue model would be any different?

The moment I see an ad on Netflix is the moment I unsubscribe. I’d rather spend time digging through sketchy torrents than watch ads in something I paid for.

Possibly even more specific, the moment I see an ad-supported tier on Netflix is the moment I binge everything I like and then leave.

The total absence of ads in any of their tiers has alone been a good reason for me to support and watch them.

Re: Netflix’s Prices Are Rising Faster Than Cable

#210

Post by city41 »

ghaff wrote: post #143
fairity wrote: post #115

Why doesn’t Netflix explore adding ads to their viewing experience? Yes, I wouldn’t like ads, but cable’s revenue model is subscription plus ads, so I’m curious why Netflix thinks their optimal revenue model would be any different?

Not in general the premium channels. What percentage of Netflix users would drop them if they started running adds? 25%? 50%?

They could add an ad supported tier that is separate from the non-ad tiers.
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