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The bottom is dropping out of Netflix

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Re: The bottom is dropping out of Netflix

#571

Post by johnnyanmac »

danans wrote: post #322

I doubt most of the subscription loss is attributable to reasons that most HN types go on about (the rants about wokeness, not enough scifi, carousel UI, pirating etc...). What's probably going on is after after a few years of pandemic isolation and Netflix binging, the arrival of pandemic triggered inflation, and overall higher employment rates, people just have less interest, time, and money to binge watch longer f…

I do think that fierce competition from competing services with way more IP's to leverage is a big factor. But yes, I think in some extent the world is simply starting to open back up slowly, and this will naturally affect any industry which surged due to the pandemic. Whatever restaurants remaining will surge, indoor entertainment will deflate down a bit.

And I also agree that the internet sentiment of "omg too many services, I'm just gonna pirate" is such a minor part of the equation. Social media loves overrepresenting its just world fallacy and thinking that everyone is as invested to screw over companies as they are on twitter or whatnot.

Re: The bottom is dropping out of Netflix

#572

Post by ehsankia »

ryanmcbride wrote: post #563

The reason I cancelled was a combination of not being particularly interested in most of the content (I liked Bridgerton though) and the fact that while they were boasting record profits, they hiked their price up. I remember back when their streaming service was new it seemed like they had every movie under the sun (or at least a lot more than they do now) but since every studio has decided to have their own streami…

Honestly I think a bit mistake Netflix makes which others don't as much is reminding people they exist so damn frequently. The #1 rule of subscription services is to let people forget they are subscribed.

I'm also surprised Netflix doesn't have a yearly bundle... that's how Prime gets me, by the time I get charged for a year, it's already too late. Less frequent bills means less chance for someone to reconsider their subscription.

But yes, the constant email they send me about things changing and the price increasing, every email is a chance for someone to realize they don't use Netflix and would rather unsubscribe.

Re: The bottom is dropping out of Netflix

#573

Post by pie_flavor »

zeroxfe wrote: post #424
isatty wrote: post #346

Earlier quoted context omitted.

Well then let us pay for shit in a convenient way. Like OP said, if there’s something like steam or Spotify then I’d gladly pay for it. I still rent movies weekly on AppleTV because it’s a convenient experience. Geo gating, shitty compression and making us choose between n apps is not the way. Also, we’re going to end up with shitty generated content regardless of my $10. If you’re making strong statements like OP is…

> Well then let us pay for shit in a convenient way. While this may be a way explain why the masses pirate, it's a poor justification for an individual to do it. If you don't find the available payment mechanisms convenient enough, then walk away and support a product that does have mechanism convenient to you. (For the same reason that you wouldn't steal from a store that only takes Amex.)

Walking away vs pirating has exactly the same outcomes for the distributor. The only person affected in a nonzero way from the transaction is me, positively. Stealing from a store that only takes American Express would result in the store having less inventory; what I have gained, they have lost. The same is not true of copyright infringement. The only time copyright infringement converts into actual quantifiable loss for the seller is if I turn around and sell pirated copies at a lower price, which is why that's the degree of infringement that turns it from civil to criminal.

Re: The bottom is dropping out of Netflix

#574

Post by every »

danans wrote: post #322

I doubt most of the subscription loss is attributable to reasons that most HN types go on about (the rants about wokeness, not enough scifi, carousel UI, pirating etc...). What's probably going on is after after a few years of pandemic isolation and Netflix binging, the arrival of pandemic triggered inflation, and overall higher employment rates, people just have less interest, time, and money to binge watch longer f…

We are in the process of doing something similar. My wife watches a lot of Netflix so we will be keeping that (for now). But between us there is only a single product on Google TV we watch regularly and it is going from 5 days a week to 1. And it even has a free "highlights" post on Youtube a day after broadcast. We will be cancelling next month...

Re: The bottom is dropping out of Netflix

#575

Post by brimble »

serial_dev wrote: post #433
danans wrote: post #322

I doubt most of the subscription loss is attributable to reasons that most HN types go on about (the rants about wokeness, not enough scifi, carousel UI, pirating etc...). What's probably going on is after after a few years of pandemic isolation and Netflix binging, the arrival of pandemic triggered inflation, and overall higher employment rates, people just have less interest, time, and money to binge watch longer f…

I didn't cancel Netflix yet (have been thinking about it as I find that sometimes I just watch it for hours, and it's kind of a waste of life). I can say for sure, if they introduce ads, I'm leaving, I won't pay for watching ads, sorry.

They already did a Coke ad for like 5 awkward minutes in the middle of an episode of Stranger Things.

Incidentally, all this talk of how badly they're doing just reminded me to cancel, which I did, minutes ago.

Re: The bottom is dropping out of Netflix

#576

Post by snickerbockers »

martibravo wrote: post #495
danans wrote: post #322

I doubt most of the subscription loss is attributable to reasons that most HN types go on about (the rants about wokeness, not enough scifi, carousel UI, pirating etc...). What's probably going on is after after a few years of pandemic isolation and Netflix binging, the arrival of pandemic triggered inflation, and overall higher employment rates, people just have less interest, time, and money to binge watch longer f…

I have been a Netflix customer for 5+ years, and I've switched services to Disney+ for two reasons: - Netflix with 4K and 4 streaming devices costs 17.99€ here ($19.50), while Disney+ only costs €8.99 with the same features. - Netflix made and continues to make good content, but since major producers have been removing their content from Netflix and into their own services, Netflix here almost survives on old local s…

>There have been some rumors of ads on the platform to boost revenue. Hell to the no.

oh geez, that would be the death knell for netflix. that was one of the big benefits they had over cable ten years ago when streaming was still new. i cant imagine paying $18 a month and still being forced to watch ads.

on a side note, im extremely pissed at paramount because their "ad-free" plan was updated to force viewers to watch a 30 second spot at the beginning of every show. if star trek strange new worlds doesnt turn out to be a million times better than picard and discovery i just might cancel because im so pissed i have to watch ads on the premium plan.

Re: The bottom is dropping out of Netflix

#577

Post by Stunting »

rjbwork wrote: post #507
Stunting wrote: post #291

Earlier quoted context omitted.

You're stealing income, specifically from me and all of my coworkers. Perhaps you think that you're only stealing from Producers and A list actors, but there are entire departments that receive residuals on a production. - On screen performers, stunt performers like myself and actors who grind out a comfortable living. Those residuals also go to qualifying for health insurance through earnings. You are directly steal…

I, and nobody I know, has pirated games or music since Steam blew up about 12-15 years ago and Spotify/RDIO and similar blew up about 10 years ago. There was about a decade when Netflix went full in on online streaming and was offering a fantastic service for a reasonable price with a far superior experience to piracy. That is no longer the case, and the unbundling to now a dozen+ of subscriptions is driving pretty m…

Sure you're talking about economical motivators, which I hope and fight for our Union to adjust to.

Until then tho..a person who steals from a moral high ground is still a thief stealing from my income.

Re: The bottom is dropping out of Netflix

#578

Post by ehsankia »

ineedasername wrote: post #536

On bad quarter for subscription losses-- driven by dropping out of the Russian marked-- (they'd be up 500k subscribers if not for that) and people are jumping on the "Netflix is doomed" bandwagon. That seems very premature to me. Subscription growth has slowed and they may still lose some more, but saying the bottom is dropping out is hyperbole at best & clickbait at worst. (though why not both?). They're facing more…

They seem to be stuck in the lose subscribers -> increase price -> lose more subscriber cycle.

Re: The bottom is dropping out of Netflix

#579

Post by brewdad »

For those trying to justify piracy (and, yes, I have been and probably will be an occasional pirate myself) would you consider it acceptable to sneak into a theater without buying a ticket if there were empty seats?

Why or why not?

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