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Netflix shares sink 10% as subscriber take-up slows

bbc.co.uk

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Re: Netflix shares sink 10% as subscriber take-up slows

#34
post #18

Netflix 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.

I'm a fan of well thought out and fleshed out story-lines with planned endings. I don't need a 10 year show, but I neither enjoy being strung along(Lost) or having a show just suddenly pulled.

Re: Netflix shares sink 10% as subscriber take-up slows

#35

Netflix is fast on its way to becoming HBO, when other companies pull their content they'll use the money to pay for more original content. I wouldn't be too worried about their financials at the moment, but rather a year down the road when other subscription services are established.

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, so this doesn't impact their bottom line. Streaming companies are needed to facilitate interchange. The one thing this does is handicap players with lots of IP and forces them to invest in new content. I think it would be a win for consumers and competition.

Lawmakers should take a serious look at Disney, too. They own a large and important swath of American culture, and they can effectively muscle out non-Disney content from both distribution and attention.

Re: Netflix shares sink 10% as subscriber take-up slows

#36
post #3

I 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…

I cancelled but I sign up like once a quarter now, if that, to catch things I want to see like Stranger Things. But the quality of 90% of the content is pretty weak and seems to be getting worse. For that same price I’d rather rent two movies per month from iTunes (and they often have 99 cent rental deals).

Netflix is focusing too much on television series that are 10x too long to trick people into feeling they received value. I’d like to see more original movies.

The UX decisions are also very anti-user. No user reviews, just a worthless “percentage match” that seems to be randomly generated. Auto playing videos, changing movie covers randomly to trick you into thinking more new content is there than it actually is, etc.

Re: Netflix shares sink 10% as subscriber take-up slows

#37
post #3

I cancelled my subscription, not because of the price increase, but because the auto-play interface made me stop using the app.

But metrics show that autoplay engages the average Netflix subscriber to leverage the service more and watch more Netflix-branded content.

Re: Netflix shares sink 10% as subscriber take-up slows

#39
As 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 sad state it is now. There isn't much to hold my interest anymore.

Piracy for me, since becoming an adult and being able to pay my way through life, is mostly a question of convenience and availability. Netflix made it convenient and reasonably available.

But now, with the steadily more and more fragmented state of streaming services, to watch the things I want to watch I have to either sign up for 3-4 different services.

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.

But ultimately, it's ended up just pushing me away from tv/film content altogether. I can easily get a wide selection of books on my kindle, a game from gog or steam (that I don't need a subscription for) or just watch youtube.

For the stuff I really want to watch, I look around, see if there it is worth the dosh/hassle for the legal version (it rarely is) and usually just give up (and in rare cases, pirate).

Re: Netflix shares sink 10% as subscriber take-up slows

#40
post #8
post #3

I cancelled my subscription, not because of the price increase, but because the auto-play interface made me stop using the app.

If you canceled because a feature that can easily be disabled, they never had you anyway. EDIT: If you disagree, care to elaborate?

Auto playing trailers can’t be disabled on the Android TV Netflix app
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