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Netflix shares decline after reporting disappointing subscriber growth

bbc.co.uk

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Re: Netflix shares decline after reporting disappointing subscriber growth

#51
post #45
post #12

Earlier quoted context omitted.

They've been so aggressively getting rid of "real" content and replacing it with their in-house productions, the quality of which has slid quite a bit as they've ramped up volume. I'm on the verge of canceling it, since most of what I want is on Prime anyway.

I don’t think they’re replacing their content on purpose, they have no choice. Around ten years ago when Netflix streaming started to take off studios thought they were taking Netflix for a ride, selling new-fangled “streaming” rights for old catalogue films that otherwise weren’t making much money. Now the game has changed and Netflix effectively can’t afford to renew these contracts, so little by little the stuff p…

I've realized the same. I'm always surprised they are part of the FAANG stocks given how little they have control they have over their catalog.

Re: Netflix shares decline after reporting disappointing subscriber growth

#52
post #6
post #2

Here in India, Netflix costs ₹500/mo. Amazon Prime costs ₹999 for the whole year. Both are much pricier compared to regular cable TV, which gives you hundreds of channels for a few hundred rupees per month. So there's a saturation point to at least some of their international expansion unless incomes start rising more broadly... Also, anecdotally, I only have so much time for 'prestige' TV. They cover Delhi and Youtu…

Surprising how the ratio is so far reversed in India. Here in Canada (which is a similar market to the USA), Netflix is the cheapest option. Cable TV is several times more expensive for even a basic plan, and Amazon Prime costs about the same as Netflix (but includes the other Prime services).

Check this graph[0] which shows total revenue per sim per month. India and Canada are mirror opposite.

[0]http://www.iphoneincanada.ca/carriers/wireless-carriers-high...

Re: Netflix shares decline after reporting disappointing subscriber growth

#53

Earlier quoted context omitted.

Another anecdote: I’d have cancelled Netflix a while ago if my family wasn’t using it. Their UX has been on a steady decline for me: - Audio previews make it so I never want to browse for what to watch next. I hate having to fumble with my tv/home theatre remote because of this. - If you leave it hanging, the previews count towards a watch! Wow. God help you if you wanna make some popcorn. - Their sorts are always sh…

100% on the bilingual thing. For my family and I, it's kinda awkward - weird localization failure for such a large corp. Not to mention completely botched translations like the title of Money Heist (actually called The Paper House), which is the dumbest name I've ever seen.

I don't think they 'botched' the translation; I think they just thought the name would be more appealing.

Re: Netflix shares decline after reporting disappointing subscriber growth

#54
post #8

Total anecdote: Kinda sucks when shows leave Netflix and don't get replaced; half the appeal of Netflix is the ability to quickly switch between Futurama and Always Sunny, and more importantly to be able to watch those shows on a platform that doesn't completely suck (FX's app has got to be one of the worst apps I've ever used). When "Parts Unknown" was about to leave Netflix, I really questioned whether it was worth…

Another anecdote: I’d have cancelled Netflix a while ago if my family wasn’t using it. Their UX has been on a steady decline for me: - Audio previews make it so I never want to browse for what to watch next. I hate having to fumble with my tv/home theatre remote because of this. - If you leave it hanging, the previews count towards a watch! Wow. God help you if you wanna make some popcorn. - Their sorts are always sh…

The problem with the UX of netflix, spotify, etc is that their tied to the service, they have a monopoly on that service. I should be able to watch content I've paid for through they player I want with the features I want and not be forced to use the netflix player. I just want a textual list of shows available, apparently this technology is beyond the abilities of the tech team at netflix.

Autoplay is another pet peeve, I like the feature but if I fall asleep then netflix considers the show watched and removes it from my continue list.

The worse it get's the more I'm tempted to go back to less legal means of acquiring content, then I can watch it in any player without an arbitrarily gimped resolution.

Re: Netflix shares decline after reporting disappointing subscriber growth

#55

Earlier quoted context omitted.

Audio previews! Holy shit! Terrible experience. And auto-play for episodes. I know it gets people hooked to watch, but still annoying. There are so few configurable items in their Netflix menu.

I have noticed lately that the "Are you still there" message has gone away. While it is nice when you are awake, it sucks when you fall asleep and wake up on season 6 of something when last you knew you were on season 2. Then you have to figure out exactly what episode you fell asleep on, not impossible but can be a pain.

You can turn off "play next episode" in the web page based interface. Or, you could. I turned it off a while ago, and that change still works for me.

Re: Netflix shares decline after reporting disappointing subscriber growth

#56

Earlier quoted context omitted.

Audio previews! Holy shit! Terrible experience. And auto-play for episodes. I know it gets people hooked to watch, but still annoying. There are so few configurable items in their Netflix menu.

I have noticed lately that the "Are you still there" message has gone away. While it is nice when you are awake, it sucks when you fall asleep and wake up on season 6 of something when last you knew you were on season 2. Then you have to figure out exactly what episode you fell asleep on, not impossible but can be a pain.

I turned off the auto-episode advance just for this reason. When I'm awake it's a perfect feature but when I'm asleep it's a total misfeature.

Re: Netflix shares decline after reporting disappointing subscriber growth

#57
post #12
post #8

Total anecdote: Kinda sucks when shows leave Netflix and don't get replaced; half the appeal of Netflix is the ability to quickly switch between Futurama and Always Sunny, and more importantly to be able to watch those shows on a platform that doesn't completely suck (FX's app has got to be one of the worst apps I've ever used). When "Parts Unknown" was about to leave Netflix, I really questioned whether it was worth…

They've been so aggressively getting rid of "real" content and replacing it with their in-house productions, the quality of which has slid quite a bit as they've ramped up volume. I'm on the verge of canceling it, since most of what I want is on Prime anyway.

[deleted]

Re: Netflix shares decline after reporting disappointing subscriber growth

#58
post #8

Total anecdote: Kinda sucks when shows leave Netflix and don't get replaced; half the appeal of Netflix is the ability to quickly switch between Futurama and Always Sunny, and more importantly to be able to watch those shows on a platform that doesn't completely suck (FX's app has got to be one of the worst apps I've ever used). When "Parts Unknown" was about to leave Netflix, I really questioned whether it was worth…

I don't blame them. Netflix had 2 options:

1. Continue licensing content and be subject to the whims of the content creators who can destroy their margin by increasing fees. The content creators can also start their own streaming services like disney is planning on doing eating into that market of streaming.

2. Create their own content eliminating the 2 main risks in option 1.

Option 2 is really the only viable option even if competition for content will likely result in content providers (HBO,Showtime,Netflix,Amazon...) not making much profit as the industry goes towards more perfect competition.

Re: Netflix shares decline after reporting disappointing subscriber growth

#59

It seems as if Netflix is focusing on quantity instead of quality lately...their original content isn’t as compelling as it used to be.

Sacred Games and Secret City (among others) are far more well-done than most other recent offerings from other providers imnsho.

Hulu has The Handmaid's Tale and HBO has Westworld but that's about it.

Re: Netflix shares decline after reporting disappointing subscriber growth

#60
post #8

Total anecdote: Kinda sucks when shows leave Netflix and don't get replaced; half the appeal of Netflix is the ability to quickly switch between Futurama and Always Sunny, and more importantly to be able to watch those shows on a platform that doesn't completely suck (FX's app has got to be one of the worst apps I've ever used). When "Parts Unknown" was about to leave Netflix, I really questioned whether it was worth…

Another anecdote: I’d have cancelled Netflix a while ago if my family wasn’t using it. Their UX has been on a steady decline for me: - Audio previews make it so I never want to browse for what to watch next. I hate having to fumble with my tv/home theatre remote because of this. - If you leave it hanging, the previews count towards a watch! Wow. God help you if you wanna make some popcorn. - Their sorts are always sh…

I've started to get fatigue with the style of a lot of NetFlix shows. They're not just designed to be binged on, the plot only exists if you binge on it! Instead of having one plot every episode, most series seems to have one plot every season and then they draaaaaaaw that shit out like it's you're last Christmas cookie before the New Years' diet.
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