2 ms·
Hindsight is 20:20, but Netflix was always going to fail. Blockbuster had physical stores that controlled distribution and much like McDonalds isn't a burger c
by legostormtroopr 4y ago
Hindsight is 20:20, but Netflix was always going to fail.
Blockbuster had physical stores that controlled distribution and much like McDonalds isn't a burger company, Blockbuster held good real estate that media owners couldn't have.
Netflix should have pivoted to providing white-labeled streaming solutions to media companies, but thought that their streaming lead would last for ever. Unfortunately, no one can outlast the Mouse.
Even though it took Disney years to come up with their own streaming service, they have an immense, unchallengable media offering - Disney, Pixar, Fox, Marvel, Star Wars and more. And now, the "real estate" is as simple as installing another app on your device.
Now, Netflix is doomed for the simple reason that every rights holder is just making their own streaming app. Eventually Netflix will only have their originals, which can't stand a chance against Disney, Paramount, NBC, and so on (not for quality, but just on pure quantity) who will just not renew licencing to Netflix.