Netflix shares sink 10% as subscriber take-up slows • Hacker News Board

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

#51

Post by xwdv » Thu, Jul 18, 2019, 2:34 AM UTC

I’m a Netflix investor. I’ve posted my tech portfolio here before, Netflix was a big part of it.

Not anymore. I’ve decided to sell off in the after hours and be content with my 25%+ gain before things get worse. Or better. I don’t care.

I’ve had a bad feeling about NFLX for some time, but this earnings only confirmed it. And if they’re counting on a Stranger Things, they’re screwed. I felt season 3 was garbage, and so do many other people, the latest season of Black Mirror was also terrible. There’s just nothing here for me anymore, and because of that I can’t sleep soundly being invested in this company.

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

#52

Post by urda » Thu, Jul 18, 2019, 2:34 AM UTC

gtirloni wrote: post #8

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.

If you canceled because a feature that can easily be disabled, they never had you anyway. EDIT: If you disagree, care to elaborate?

Ever consider you are being downvoted because you are wrong?

Because that's what has happened here. Come equipped with sources and references before making claims.

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

#53

Post by gtirloni » Thu, Jul 18, 2019, 2:35 AM UTC

urda wrote: post #52

gtirloni wrote: post #8

Earlier quoted context omitted.

If you canceled because a feature that can easily be disabled, they never had you anyway. EDIT: If you disagree, care to elaborate?

Ever consider you are being downvoted because you are wrong? Because that's what has happened here. Come equipped with sources and references before making claims.

Citation needed you mean? First hit for "netfix disable autoplay" on Google: https://help.netflix.com/en/node/2102

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

#54

Post by michannne » Thu, Jul 18, 2019, 2:36 AM UTC

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…

Same here. I find that I've turned to Youtube to satisfy any content cravings. It's not perfect, suggestions sometimes never have anything to do with what I've been watching the past 12 hours, Youtube's algorithms have a clear bias against certain content and sometimes I can't bother to wade through pages and pages of slosh to find what I know fits my tastes, but at this point I have a good idea of the search terms to use when I want something to watch, and if all else fails I can always just rewatch an ancient creator's old content.

Meanwhile on Netflix, it is nearly impossible to find what interests me by just turning it on and flipping through the initial feed. It also feels like there is never enough of the content I want to watch. I found 'Kingdom', 'Love,Death and Robots' and 'Sex Education' completely by accident, and on ending each series and falling in love with their concepts, I get exhausted when I see there is no season 2, because it means it will probably be a while until I hit the jackpot again. Even one of my favorites - 'Black Mirror', seems to be dropping in quality.

I haven't opened Netflix in 2 months and probably will cancel my sub soon because the wait it just not worth the price.

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

#55

Post by JoshTko » Thu, Jul 18, 2019, 2:37 AM UTC

Netflix content these days feels like Madlibs. Take actor X in setting Y with the problem Z.

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

#56

Post by urda » Thu, Jul 18, 2019, 2:38 AM UTC

gtirloni wrote: post #53

urda wrote: post #52

Earlier quoted context omitted.

Ever consider you are being downvoted because you are wrong? Because that's what has happened here. Come equipped with sources and references before making claims.

Citation needed you mean? First hit for "netfix disable autoplay" on Google: https://help.netflix.com/en/node/2102

It's even worse when you bring incorrect material to the table.

- Most apps / platforms / and others listed through this thread do not support disabling the UI preview while browsing through.

- You're missing the point, the compliant is the auto play in the UI

I'm not touching this any further.

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

#57

Post by quelltext » Thu, Jul 18, 2019, 2:44 AM UTC

rlayton2 wrote: post #45

echelon wrote: post #35

Earlier quoted context omitted.

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)

The Expanse has 3 seasons, a 4th coming. Not sure if Netflix has the rights to air those, though.

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

#58

Post by NeedMoreTea » Thu, Jul 18, 2019, 2:46 AM UTC

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.

But their original content is racing towards terrible, which I actually find far more annoying than the ever reducing amount of content. I'm right on the brink of cancelling. There's no way in hell I'm going to subscribe to multiple services.

Even where they start strong they rapidly pivot and either completely and irretrievably ruin it, cancel before it got half a chance, or simply start stretching content way, way beyond breaking point. Entire seasons can feel like they started as two episodes. So just the same unique selling point as everyone else then. Why aren't those large budgets showing in script writing?

So I end up skipping far more of later seasons than I watch, and soon stop entirely...

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

#59

Post by bsharitt » Thu, Jul 18, 2019, 2:46 AM UTC

I've not cancelled Netflix yet, but I'm looking to pare down my streaming services, and Netflix is the top of the list to go. Amazon and Hulu seem to be getting better for non-original content than Netflix. Rising prices and and a shrinking library aren't a good combo for me and while some shows are okay, the original content isn't worth it at older prices, but less the recent price hikes.

The biggest thing about all these content owners making their own me too streaming service is that I'm more likely to subscribe to a few services and I'll go back to torrents for the rest.

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

#60

Post by derekp7 » Thu, Jul 18, 2019, 2:47 AM UTC

PebblesHD wrote: post #48

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…

Since streaming services keep shows in their library for quite a while, and with binge watching being popular, it may be a good strategy to cycle through the services periodically. The problem is that they don't have a way for you to just "pause" a service, and if you have multiple family members in the household you have to get buy in from everyone.