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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

#41

Post by eeeeeeeeeeeee »

oeoeo00 wrote: 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.

Most people I talk to don’t want to dedicate 70 hours of their life to a mediocre show that is clearly manufactured to last 70 hours.

Frasier was from a different time, when there weren’t many choices, so committing to one show for 10 years made more sense. I think people lose attention easier now and there are so many other things to occupy your time in the entertainment space.

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

#42

Post by echelon »

adventured wrote: post #13
Splendor wrote: 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…

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 charge a flat fee and provide a single interface to all of the various streaming platforms? Can we fight this somehow? The situation is becoming worse (and more expensive) than cable.

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

#44

Post by segmondy »

donmcronald wrote: post #25
NickBusey wrote: post #17

Earlier quoted context omitted.

For everyone telling them you can turn that feature off, for the Xbox app at least, I assure you that you cannot.

Unless the Roku app changed, it can't be disabled either. Every time I open Netflix it feels like a battle with the autoplay "feature" and I just close it off. I think I might cancel it in favor of Prime.

Depends on the Roku app. I have a roku and it never autoplays for Netflix but does autoplay for prime.

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

#45

Post by rlayton2 »

echelon wrote: post #35
tobsmagoats wrote: post #20

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…

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)

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

#46

Post by dx87 »

ladberg wrote: post #31
turtlecloud wrote: post #9

The content was too liberal leaning and alienated way too many of middle America.

What content was too biased for you?

A lot of their stand up comedy specials are very political. You start to hear the crowd cheering a lot more than they're laughing. My wife and I watched the first episode of their new sitcom where Gabriel Iglesias is a teacher, and within the first couple of minutes it has a student saying that American history is just slavery and mistreating minorities, and the teacher makes a joke about our current president being covered in cheeto dust. My wife and I aren't Trump supporters, but it gets old seeing shows rely on political pandering for views instead of good writing. Here's a quote from Rob Schneider about it:

"Much late night comedy is less about being funny and more about Indoctrination by comedic disposition," Schneider continued on Twitter. "People aren't really laughing at it as much as cheering on the rhetoric. It no longer resembles a comedy show, it's more like some kind of liberal Klan meeting."

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

#47

Post by neural_thing »

I'm not short Netflix because of subscriber count. I'm short Netflix because of their accounting. Capitalizing Stranger things season 1? Sure, makes sense, why not. But Stranger things season 3 is a lot closer to COGS. Their real income statement at this point in their growth curve (full saturation in the US) should be a lot closer to their cash flow statement, which is horrendous.

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

#48

Post by PebblesHD »

JauntyHatAngle wrote: post #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 sa…

I have largely the same issue. As opposed to a year or two ago when I regularly used both Netflix and Prime Video, these days I have subscriptions to those as well as the Foxtel and Stan offerings just to keep the same sort of depth of library. I’ve drawn the line at 4 services, with a total spend very close to what I was spending previously on cable, such that if a new show airs on something I’m not subscribed to, I’ll either cancel one or just skip it. Competition only works when all players have the same content, if everything is an island of exclusive offerings then I’d suggest thats something entirely different, and probably not something that’s sustainable since customers have only a finite monthly budget for entertainment.

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

#49

Post by ReinholdNiebuhr »

Splendor wrote: 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 had a subscription early on but cancelled. Mostly a matter of taste. I like older movies so the criterion channel is useful. I can't stand series. I use that time/money towards audible instead.
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