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Netflix’s bad habits have caught up with it

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Re: Netflix’s bad habits have caught up with it

#41

Post by gs17 »

tick_tock_tick wrote: post #32
thrill wrote: post #2

The quoted "competing exec" is 100% wrong when he says Netflix is making a mistake ending shows after three seasons. Shows need to be pitched and run for three seasons max, period. Everyone has a life other than the show that's "hot" for the moment, from cast to writers to the source of money - the viewers. Shows that get dragged out inevitably suck. And yeah, go to weekly releases.

> And yeah, go to weekly releases. I think the full release of everything prevents it from building up cultural relevance but I'd like to see something like 2 or 3 episode every two or three weeks rather then 1 at a time.

There seem to be a few shows they do it for, but it's not the standard.

Re: Netflix’s bad habits have caught up with it

#43

Post by Animats »

coffeeblack wrote: post #34
Animats wrote: post #21

This is starting to look like a generic problem for companies which are valued on the basis of future growth, but may have in fact reached their mature size. Suddenly they have to be priced as ongoing operating companies, which is based on revenue and profits right now. Facebook. Uber. Netflix. Tesla. They all do something that people will pay for, but they aren't going to get a lot bigger.

Not sure why you put Tesla in the list. They still grow substantially, just added two new large factories (Germany, Texas) and about to build another one (Indonesia).

Because they are a luxury car maker, a crowded sector. Tesla, to grow into its market cap, has to outsell the top automakers put together. They need something at the Toyota Corolla price point to do that.

Re: Netflix’s bad habits have caught up with it

#44

Post by orzig »

pvarangot wrote: post #33
jmyeet wrote: post #16

So the problem with media conglomerates (including big studios) is they want predictable returns. More specifically, they want a formula. Let me introduce you to Save the Cat [1]. This book has become so influential that you can read this book and then watch pretty much any movie and you'll be able to tick off everything in the movie to this structure. It's why studios love sequels and franchises. They have a built-i…

I would add that "a formula" doesn't mean it's bad. I regularly drank beer since like when I was 14 until when I was like 35 or something? I do it way less now but still sometimes drink beer. My favorite style changes. Sometime I just drink a new one because like dopamine hits and I get excited about the potential novelty and discovery. But it's beer, and I think there's nothing wrong with it. From bud light to like…

I can't match the near-unhinged brilliance of the above comment, but I'll add that many meditation traditions encourage serenity by inspecting the details of the ordinary instead of a constant grasping for new stimulation.

Re: Netflix’s bad habits have caught up with it

#45

Post by walrus01 »

harha wrote: post #28

Netflix really had a value proposition a few years ago before all the other players came in. A good selection of rotating movies and shows, sharing accounts with a good model (# of simultaneously running screens). This was way better than cable TV and more convenient than torrent. Now it’s mostly quite mediocre content across services that easily cost $100+ a month, so we’re back to the old cable days in terms of cos…

I know a number of people who have just gone back to torrenting everything they care about (such as For All Mankind or Foundation) and are very unlikely to ever subscribe to a 2nd, 3rd, 4th streaming service.

They either picked netflix and have stayed with it at $22/mo or have changed from netflix to 1 other service like paramount+ or whatever, but the idea of paying $50-60-80 a month for more services on top of their residential broadband connection at $55-85 is a non-starter.

https://imgur.com/gallery/axPwdMd

Re: Netflix’s bad habits have caught up with it

#46

Post by jakear »

jmyeet wrote: post #16

So the problem with media conglomerates (including big studios) is they want predictable returns. More specifically, they want a formula. Let me introduce you to Save the Cat [1]. This book has become so influential that you can read this book and then watch pretty much any movie and you'll be able to tick off everything in the movie to this structure. It's why studios love sequels and franchises. They have a built-i…

Days of our Lives? Highly serialized, been running since 1965.

Re: Netflix’s bad habits have caught up with it

#47

Post by rvz »

mertd wrote: post #26
petilon wrote: post #20

The reason for Netflix lost subscribers in 2022 is the same as the reason Netflix experienced a growth spurt in 2020: work from home. When people work from home, on average they gain an extra hour or more per day, because they don't have to commute. (Not to mention, the boss can't walk up behind you and catch you enjoying a movie!) Now that work from home is over, they no longer need the Netflix subscription.

Netflix losing subscribers is a false narrative. Had they not pulled out of Russia, they would have posted a net gain.

> Netflix losing subscribers is a false narrative.

So is that why the increasing competition from the likes of Apple, Disney+ and HBO, recent price increases and password sharing loopholes have plagued its growth?

All of that explains why they are (still) losing subscribers. Pulling out of Russia, just accelerated it and that was self-inflicting.

Re: Netflix’s bad habits have caught up with it

#49

Post by smegger001 »

thrill wrote: post #2

The quoted "competing exec" is 100% wrong when he says Netflix is making a mistake ending shows after three seasons. Shows need to be pitched and run for three seasons max, period. Everyone has a life other than the show that's "hot" for the moment, from cast to writers to the source of money - the viewers. Shows that get dragged out inevitably suck. And yeah, go to weekly releases.

Almost all the shows i watch over and over and again are ones with 7+ seasons,

90's star trek (tng ds9 voy) all 7 seasons, MAS*H 12 seasons, Frasier 11 season, Scrubs 8 season (I skip season 9 and refuse to acknowledge its existance), Red Dwarf 8 season (+ more after the revival decades later), X-Files 11 seasons, How I Met Your Mother 9 seasons, Freinds 10 seasons, Stargate SG1 10 seasons, three seasons is to little to grow a fallowing and not enough for you to rewatch

Re: Netflix’s bad habits have caught up with it

#50

Post by loonster »

smcnally wrote: post #40
jmyeet wrote: post #16

So the problem with media conglomerates (including big studios) is they want predictable returns. More specifically, they want a formula. Let me introduce you to Save the Cat [1]. This book has become so influential that you can read this book and then watch pretty much any movie and you'll be able to tick off everything in the movie to this structure. It's why studios love sequels and franchises. They have a built-i…

Netflix has worked to infer predictable returns by using ratings and habits from its 222MM subscribers. They model potential market size against production and marketing costs, assess risk, and make decisions informed by all of it. Lots that can go right and wrong, but it’s a solid approach.

Except they fail in the execution. I appreciate that Netflix puts a red N on content that is Not Good.
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