Netflix thought they could take on Hollywood and beat them at their own film game. But in the process they realized that it’s not actually a game worth winning, and more importantly, that YouTube and TikTok are their real competition, not Hollywood. The future of most media is video-based, and I think Netflix probably understands this and is trying to get away from the historical model as movies you watch online and…
> YouTube and TikTok are their real competition Even in real-time... My wife will literally watch Facebook Reels on her phone while we sit on the couch at night to watch something on Netflix together. Anyway, I was thinking about this too when the article talked about the data from Amazon showing that viewers preferred stuff from the 90s and 00s over their newly produced content: How are Netflix, Amazon, etc. doing w…
HN spans this incredible gamut from “Turing-award winner chimes in on their field of expertise” to stuff like this that just puts you in awe how pozzed some people are.