> We recognize that our members have many entertainment choices. It’s why we continue to invest heavily in a wide variety of new films and TV shows
Swing and a miss. They've completely lost contact with their users.
Update on Sharing
261–270 of 325 posts
Re: Update on Sharing
#262Anyone have a writeup on using TailScale to bypass these sorts of limits? Some folks have said it includes SSID as a check which is definitely a wrinkle. I would have assumed it was mostly just using IP address. This is one of those cases where the War Against General Purpose Computing is going to own society, score points against users. I assume if you can root & run Magisk you could fake a geolocation for example.…
I'd be curious about how Netflix would get access to your SSID. On a mobile app, you'd have to grant that permission - do they now ask for that?
They should not be able to do that on the browser too, even with Widevine.
Re: Update on Sharing
#263Earlier quoted context omitted.
?? They're profitable and they made 4.5B in net income in 2022. 2023Q1 they made 1.3B net income. Your analysis makes no sense. Please learn more about finances before commenting on financial matters.
Please don't be insulting by telling other people what to learn. And if you look at the quarter before -- 2022Q4 -- they made just $55 million net income, which on revenue of 7.85B is below 1% profit. The overall point is that Netflix is in an extremely volatile and risky industry where it's not in a position to leisurely "extract" more profit because it's a bad guy or something, but rather it's very much been forced…
While your overall point and conclusion is correct, this paragraph is a bad characterization of the relationship between stock price and solvency, hence the replies:
>That's a 75% plummet, which is definitely approaching the equivalent of struggling-to-keep-the-lights-on for a modern corporation. That's three quarters of the way to bankruptcy, big red flashing danger lights.
Re: Update on Sharing
#264i see the thread is full of people predicting that this is going to be a bad decision for netflix, because they personally cancelled their accounts or are going to. and i cancelled my netflix account too - recent changes to pricing and policies made me re-assess whether it was worth it for me, and i decided it wasnt'. but it's always good to remember that our own actions aren't necessarily the same as everybody else'…
Netflix got a lot of competition lately. I can not even name all the streaming platforms: HBO, peacock, paramount, Hulu, Disney, Apple ... Netflix sees themselves as a tech company with flashy servers toys, but they are in the media business. If their content is subpar, the best engineering will not fix it. They have 80% saturation in US households, no real path to growth here. Investors like to see more revenue ...…
>HBO, peacock, paramount, Hulu, Disney, Apple ...
I think that is basically it except for Amazon and Netflix. And Hulu is also owned by Disney. And Starz I guess.
Re: Update on Sharing
#265Earlier quoted context omitted.
> Kids away at college will just get their own accounts now. Or they won't and they'll just watch literally any other service which doesn't harass them about their precise location day to day, or worse they'll just go back to downloading all their shows like starving college kids used to until netflix showed up and was actually affordable and more convenient than piracy.
Or all services will do this, and students will just pay. Sure, there will be college students who are more technical and comfortable paying for a VPN and who will invest in an external hard drive and will download torrents in advance of watching, as there always has been. But that's way too complicated for most folks. And between the price of a monthly torrenting-friendly VPN and enough storage, the ad-supported tie…
I think you've forgotten what the community at college was like. If one person on your floor knew how to pirate, the entire floor knew how to pirate by the end of the first semester.
Streaming had begun to fill the niche of being convenient enough to not needing to bother, but broke college students are going to save money in all the places they can.
Re: Update on Sharing
#266Earlier quoted context omitted.
I think this strategy will only work a little longer. The crackdown on sharing is only start. As the pressure increases on streaming services to turn more profits I'd expect longer contract lengths. I wouldn't be surprised to see Adobe-style "reduced price monthly payment" contracts from the more corporate services.
It's literally cable all over again. How did we let this happen?
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Re: Update on Sharing
#267Earlier quoted context omitted.
Companies share price matters to shareholders and implies an ability to raise additional capital. It doesn’t have anything to do with solvency unless they borrowed money to buy back shares (which some companies did do when interest rates were low and share prices were depressed). Employees on stock incentive plans probably are eating the burden more than anyone.
I worked for Lehman Brothers. When our shareprice went to pennies, it had a lot do with solvency at that point.
The same way that betting on a horse doesn't make it go faster, there is a one way relationship between companies and their stock
Re: Update on Sharing
#268Earlier quoted context omitted.
You're making assumptions with no context. This is how TechCrunch cites it: > “We love people sharing Netflix whether they’re two people on a couch or 10 people on a couch,,” Hastings said. “That’s a positive thing, not a negative thing.” To illustrate this example, he spoke of how a parent may share their login with their child. And when that child grows up, they will usually subscribe to Netflix, too. Unless the co…
That is silly though. There was never an expectation that only 1 set of eyeballs would watch a stream. Netflix tweeted in 2017 that “Love is sharing a password”. There is no other way to read that statement other than being pro sharing. Which makes sense, I pay for X concurrent streams. Let me use my streams, period. https://twitter.com/netflix/status/840276073040371712
So and then 5 years later they changed their mind.
What amuses me in this thread that people who change their mind every 5 minutes accuse a company changing their mind after some years.
Re: Update on Sharing
#269Glad they're actually pushing this. The fact that people think it's somehow their right to use stuff for free, that others had to put in work for, is mindblowing for me.
It would be more understandable if their founding CEO wasn't on record saying that they were happy to have people share their accounts, especially with their kids.
And now he changed his mind. So?
Re: Update on Sharing
#270Earlier quoted context omitted.
I wish they had done this from the get go. My family has never shared a password with anybody, and I'm pretty confident that some of their price hikes reflected the reality that they had to deal with password sharers. All I know is that with the fracturing of the streaming landscape, where everything requires a separate $8.99/$11.99/$15.99 (or whatever) monthly fee, downloading Linux ISOs starts to look more and more…
> downloading Linux ISOs starts to look more and more attractive Is that a veiled reference to piracy? If so, why not just say piracy?
I thought it was clear what they were saying but funny. Why not?