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What you can get for the price of a Netflix subscription

nmil.dev

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Re: What you can get for the price of a Netflix subscription

#41
It's funny, I have never thought of it this way, but, reflecting, I realise the way I do think about it is very similar. Whenever I have to justify a subscription on JetBrains or hosting or what have you, I always just ask myself: will this bring me joy? Specifically will it bring me as much joy as e.g. a Netflix subscription? Very easy to justify then.

To be fair, I used to smoke cigs, and drink heavily, which are both very expensive habits. I've since quit those (they weren't bringing me joy) but the benchmark is the same.

Re: What you can get for the price of a Netflix subscription

#42

It's weird. When Netflix came about, I was excited to dump all the bespoke pirating stuff that it replaced. I didn't mind paying for content, in fact, I was glad to. Fast forward a while, and now Netflix seems to be an undiscoverable mess of old and foreign content while charging twice as much. Each IP owner felt it necessary to make their own way worse clone, and still, after paying more than a hundred a month, ther…

> I'll never really understand how they ruined the opportunity presented, but they really soured people on their value proposition.

I think that they took the opportunity and milked it as much as they could. They are making a lot of money, have a ton of subscriber and are very successful.

They don't care if you are happy about the service as long as enough people pay for it. And it seems to be working.

Re: What you can get for the price of a Netflix subscription

#43

A few months ago we'd had Disney+, Paramount+, Hulu, HBO Max but we've cut back to Netflix and YouTube premium. Switched to purchasing and renting when there's something we want to watch that isn't available and we're finding it to force us to be more conscious of what we're watching. We're considering ditching Spotify and music streaming to return to buying albums so our children can start to be more thoughtful list…

On the music side, the current trend for vinyl has been a really great thing for my teenage kids. My eldest (who according to Spotify listens to about 130k mins of music a year) has really discovered an appreciation for the arc of an album when he has to spend the time loading up a disc.

Re: What you can get for the price of a Netflix subscription

#44
post #35
post #17

Earlier quoted context omitted.

> how they ruined the opportunity presented netflix didn't really ruin it themselves (at least, not completely) - the owner of the licensed content did, by wanting a bigger cut of the pie. Disney, for example, didn't feel they're paid enough, and so stopped licensing the content out to netflix and instead created a competing service. I think this is a regulatory issue, because each piece of content is an effective is…

Yes there should be something like a "mechanical license". Content owners would set their own price but it would be the same for everyone and they shouldn't have the power to pick their licensees.

The idea of a mechanical license sounds perfect. Sorry to go off a tangent but my mind immediately went to healthcare as I have never heard of a mechanical license before.

can the same idea be applied to healthcare? for example, hospitals and doctors can set their own rates but these rates have to be public and they can't charge one insurance lower rate? If they charge anyone a lower rate, they have to charge the same rate for everyone.

Re: What you can get for the price of a Netflix subscription

#45

It's weird. When Netflix came about, I was excited to dump all the bespoke pirating stuff that it replaced. I didn't mind paying for content, in fact, I was glad to. Fast forward a while, and now Netflix seems to be an undiscoverable mess of old and foreign content while charging twice as much. Each IP owner felt it necessary to make their own way worse clone, and still, after paying more than a hundred a month, ther…

I think I actually enjoyed Netflix more when they used to send DVDs in the mail. The library of movies felt much more complete, and getting stuff in the mail is fun. And it’s probably a healthier way to watch than binging 3 seasons of some mediocre show in a weekend just to see how it ends.

Re: What you can get for the price of a Netflix subscription

#48

It's weird. When Netflix came about, I was excited to dump all the bespoke pirating stuff that it replaced. I didn't mind paying for content, in fact, I was glad to. Fast forward a while, and now Netflix seems to be an undiscoverable mess of old and foreign content while charging twice as much. Each IP owner felt it necessary to make their own way worse clone, and still, after paying more than a hundred a month, ther…

>I'll never really understand how they ruined the opportunity presented,

Money. It's easier to understand it if you realize each studio is trying to maximize its own revenue.

Consider the common advice given to content creators and startups : "You don't want to be a sharecropper on somebody else's platform."

Well, the other studios like Disney, HBO-WarnerBros, Paramount, etc are just taking that same advice by not being beholden to Netflix's platform.

E.g. Instead of Disney just simply licensing all of their catalog to Netflix and then just getting a partial fraction of Netflix's $17.99 subscription revenue, Disney would rather create their own platform and get 100% of their own $19.99 revenue. In addition, the Disney+ subscribers are Disney's customers instead of Netflix's.

Everybody avoiding the "sharecropping" model inevitably leads to fragmentation of content. Everybody pursuing their self-interested revenue maximization leads to not sharecropping on Netflix's platform because Netflix (i.e. the Netflix subscribers) won't pay the equivalent higher prices that Disney thinks they can get on their own.

To create a truly unified video streaming service with everything for one cheap monthly price means multiple studios have to willingly give up revenue. Most customers are not willing to pay Netflix a hypothetical $150+ per month such that all studios like Disney think it's a waste of money to maintain their own exclusive digital streaming service and would be happy with the fractional revenue share from Netflix.

Re: What you can get for the price of a Netflix subscription

#49

Can anyone give me an honest review of Kagi? When AI can summarize the web results and search for me, I have stopped using Google.

I still don't understand why Google gets such a bad rep. I think it's fine. And about AI "summarizing" web results: while sometimes useful, you absolutely need to check the source. AI can make stuff up, and it can also summarize wrong (when the source does exist).
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