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They definitely didn’t beat piracy with Netflix, I’m not even sure they slowed it down much. Netflix in 2020 is an entirely different service than it was in 20

They definitely didn’t beat piracy with Netflix, I’m not even sure they slowed it down much. Netflix in 2020 is an entirely different service than it was in 2011 back when their library was full of major titles. The reality is that the owners of content want their own distribution platforms, maybe because they saw what Apple did to the music industry via iTunes, but I’m not sure.

chii 6y ago
> Netflix in 2020 is an entirely different service than it was in 2011 so the content creation companies shot themselves in the foot by pulling their content to try to own the distribution platform (because it would theoretically give 'em more profits vs sharing it with netflix). But consumers saw value in netflix because the large library of content to be had for around $10 price point - this beats piracy of $0 for unlimited content. Now, for the same level of content as before, you'd have to pay for a half-dozen or so subscription services - likely adding up to 60-90 dollars per month. Piracy is starting to look good again for most people.
- save_ferris 6y ago
  > so the content creation companies shot themselves in the foot Analysts speculate that the market for streaming services will saturate eventually, but I’m not sure we’ve seen it yet. Disney’s stock is the only one I can see that doesn’t have a YTD gain, but that particular decline follows the the global market trends and Disney faces hard times with their parks these days. Bottom line is that these new platforms don’t seem to be hurting that much. Large content owners saw the writing on the wall when they were negotiating their contracts with Netflix by adding termination clauses once Netflix viewership reached a certain point. The consumers are really the only ones hurting at the moment IMO.
Polylactic_acid 6y ago
Music streaming services have almost completely killed music piracy. It only exists today as a way for serious torrenting enthusiasts to get lossless or obscure albums

chii 6y ago

> Netflix in 2020 is an entirely different service than it was in 2011 so the content creation companies shot themselves in the foot by pulling their content to try to own the distribution platform (because it would theoretically give 'em more profits vs sharing it with netflix). But consumers saw value in netflix because the large library of content to be had for around $10 price point - this beats piracy of $0 for unlimited content. Now, for the same level of content as before, you'd have to pay for a half-dozen or so subscription services - likely adding up to 60-90 dollars per month. Piracy is starting to look good again for most people.

save_ferris 6y ago
> so the content creation companies shot themselves in the foot Analysts speculate that the market for streaming services will saturate eventually, but I’m not sure we’ve seen it yet. Disney’s stock is the only one I can see that doesn’t have a YTD gain, but that particular decline follows the the global market trends and Disney faces hard times with their parks these days. Bottom line is that these new platforms don’t seem to be hurting that much. Large content owners saw the writing on the wall when they were negotiating their contracts with Netflix by adding termination clauses once Netflix viewership reached a certain point. The consumers are really the only ones hurting at the moment IMO.

Polylactic_acid 6y ago

Music streaming services have almost completely killed music piracy. It only exists today as a way for serious torrenting enthusiasts to get lossless or obscure albums