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Netflix’s big power clash and rivalries behind the crash

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41–50 of 416 posts

Re: Netflix’s big power clash and rivalries behind the crash

#41
post #5

Apple should buy Netflix and combined they should focus on only few, extremely high quality shows.

What should happen, if we're doing "shoulds", is that it shouldn't be permitted for one company to own both distribution and production, nor for such companies to create long-term exclusivity agreements with one another.

>that it shouldn't be permitted ...

In other words, we want as many middlemen as possible in the chain?

Re: Netflix’s big power clash and rivalries behind the crash

#42
post #5

Earlier quoted context omitted.

What should happen, if we're doing "shoulds", is that it shouldn't be permitted for one company to own both distribution and production, nor for such companies to create long-term exclusivity agreements with one another.

it seems to me this market has loads of competition without silly regulation like this getting in the way

In certain ways yes, in certain ways no. The monopoly provided by copyright does really hinder effective competition. Requiring non-discriminatory licensing would radically change the competitive landscape in this space.

Re: Netflix’s big power clash and rivalries behind the crash

#43
post #5

Earlier quoted context omitted.

What should happen, if we're doing "shoulds", is that it shouldn't be permitted for one company to own both distribution and production, nor for such companies to create long-term exclusivity agreements with one another.

it seems to me this market has loads of competition without silly regulation like this getting in the way

[edit: yeah, my argument went on a tangent and didn't return back to point. Removed to not distract from the discussion.]

Re: Netflix’s big power clash and rivalries behind the crash

#44
post #17

Earlier quoted context omitted.

The ratio of OK-or-worse to good-or-exceptional sure appears to be a less favorable for Netflix than the others. Though people's rankings seem crazy to me. Apparently just producing a Star Wars thing and not totally shitting the bed in the process counts as "exceptional". Then again... yeah, that's kinda true, I guess. From a certain point of view. Still, better than nearly all shows on all those services? Yikes. I d…

While Ratio is usually the right way to evaluate things. Is that applicable in this case? Doesn't what matters is the number of good shows not the percentage? If I watch Netflix I can find three Exceptional shows and a bunch of Outstanding shows, including three at the high end of outstanding. If I watch Apple TV + There are no exceptional shows and only one at the high end of outstanding, but the ratio seems better.…

It matters if they're not spending less for each show, on average, than other services. If you're dropping $20m a season, on average, and so are your competitors, but more of yours are duds, that's bad. If you're dropping $5m to your competitors' $20m, maybe it's not a problem if, say, twice as many of your seasons are bad.

But, part of the trouble with this analysis, as far as sussing out the above issue, is season-count. How many Netflix originals are as long as, say, The Sopranos? Or The Wire? How many are only one season, or maybe two? It's possible (possible! I do not know) the hours-of-original-content difference between Netflix and the other services isn't as large as this suggests. Or that it's even larger. Hard to tell.

I'd say that this chart points toward bad things for Netflix, but without some other pieces of data it's hard to tell what it's actually saying.

Re: Netflix’s big power clash and rivalries behind the crash

#45
post #6

This chart [1] was making the rounds a while back. Whether you totally agree with its methodology or not, it certainly suggests that many people consider a huge swath of Netflix' content average at best. And for someone like me who doesn't watch a huge amount of video, that's not a great look. Tastes differ of course but my tastes aren't that out of the mainstream. And I'd rather a streaming service had a modest numb…

I don't know about other people, but finding something to watch on Netflix is frustrating, there's so much poor quality shows. The recommendations are not good (tbf that's most streaming services) and there's no option for granular filtering. For example, I hate dubs, I would like to pick shows where the original audio is some particular language, I don't get why that isn't there?

In contrast, on HBO Max / Disney+, usually there's far less content but since the quality is better you can easily pick something to watch.

Re: Netflix’s big power clash and rivalries behind the crash

#46
post #9

Earlier quoted context omitted.

Oh I loved The Queen's Gambit and thought the format was perfect too. However, I can easily see why a producer might have passed on a pitch.

I dislike this format because it makes a 4 hour story into an 8 hour story where 4 hours of it is showing the character in some type of inebriated state. I think flight attendant did this too, and the only reason I can think of is to pad their statistics and it being cheap to film those sequences. But it just ends up boring me. And all the content producers are doing it. I tried Severance on Apple TV+, and I had to s…

Different strokes I guess; I thought Severance was great. I didn't even notice the sequences you're describing, but I guess in hindsight they added flavor/gave me a mental break to process recent plot developments

Re: Netflix’s big power clash and rivalries behind the crash

#47

Earlier quoted context omitted.

That graph isn’t showing that. Sure, Netflix produces way more content than competitors but they also have more shows in the far right (outstanding and exceptional) than their competitors.

There is a disconnect between what I want and what providers are trying to offer me. I want quality content with powerful search. Providers seem to think I want a huge unsearchable library from which they will make recommendations. Netflix has lots and lots of great original content, but given a random show, it's far more likely to be average or less (versus, say, HBOmax).

There was a while where they were talking about providers making a lot of Niche Content. I wonder if they need to do a better job of adapting to personas. I love the Victorian/Edwardian Farm series that are on Prime, and I think of shows in a niche as sort of "beyond rating". i.e. They are never going to get the money to be considered "exceptional", but will be draw just as strongly for people who appreciate that niche. (Deep not broad). So can Netflix create a curated and simpler interface that optimizes for Outstanding/Exceptional or period pieces or whatever instead of just a long list that's hard to grok.

Re: Netflix’s big power clash and rivalries behind the crash

#48
post #14
post #7

Earlier quoted context omitted.

Why would you want even more consolidation? The other content owners (Disney, WB, etc.) have already pulled all their content from 3rd parties (including Netflix) to destroy competition. Why is there so many people on HN that want less market competition and cheer when corporations consolidate?

Because people want to watch the leading shows in their area of interest and not have to pay 10+ services $10-$20 a month. As it gets increasingly hard/expensive, not to mention the bickering between services and platforms and services and markets to watch them on, customers are resorting to piracy as a way to get the content they want.

All these streaming companies battle for long term user acquisition, thus perpetual $10/month subscription per service for X providers is definitely a no-go long term.

I think a middle ground would be shareware-like pay-per-view type model. Are you creating a new series? Make the first episode freely watchable, and then don't price excessively the entire season.

As a consumer would make sense for me to pay 5$ for a season of show X on Netflix, Disney+, HBO Max/etc. But allow me to watch the thing I payed for perpetually in the future, as long as the show is still on the platform. And when I'm looking for something new to pay for, allow me to see the first episode of existing shows for free.

Would that work for all consumers? I don't know, most people I know with streaming subscriptions, barely actively watch shows and very often those are standins for background noise.

Re: Netflix’s big power clash and rivalries behind the crash

#49
post #21

Earlier quoted context omitted.

it seems to me this market has loads of competition without silly regulation like this getting in the way

Interestingly, competition is worse for consumers in some respects here. It's resulting in fragmentation of the market such that people are too many services for 1-2 shows each

> competition is worse for consumers in some respects here

The implicit assumption here is that without competition, we'd have all (or most) of the same shows, just on a single service.

I don't think that's true. I think competition between streaming services largely on the basis of original content has produced a lot of good shows that we wouldn't have seen otherwise. It seems to me like there's a lot more variety in things to watch these days, and it's not like I have to pay for every streaming service every month...

Would all of the Star Wars content on Disney+ even have been made if Disney couldn't put it on Disney+, for example? Netflix has started and cancelled a ton of original series, but would they have even been tried at all back when cable TV was king? I don't know, maybe there are some statistics on the variety of TV shows being watched and I'm wrong, but I can't find them.

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