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No one can predict what will be a hit ahead of time. There are only 2 reliable ways to have a library of hits: 1. Produce a ton of stuff, over a long period of
by jogjayr 7y ago
No one can predict what will be a hit ahead of time. There are only 2 reliable ways to have a library of hits:
1. Produce a ton of stuff, over a long period of time, and some of it will turn out to be good.
2. Buy someone else's content library.
Disney has done both.
- mattmaroon 7y agoI don't think that's correct. I mean nobody can predict it with 100% accuracy. but as I pointed out, Netflix spends 10 times the amount HBO does on content and gets less from it. HBO is batting at least .700, and Netflix is not even batting .100. That's not randomness. I don't know nearly enough about the industry to know why. but what I do know is that Netflix has probably spent more money on content in The last two years then HBO has spent in its entire history, and HBO's library is significantly more valuable. I was in the valley during the time the music industry was being gangbanges by technology and I have a good guess as to why. Tech people often make the mistake of thinking non-tech people are stupid. Pure speculation on my part, but I would guess that Netflix thought they could solve the problem by throwing money and technology at it, and the people who have been making good content for 20 years were just better.