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What an awful idea. Netflix had to make some bad deals that it now has to live with. They'd also have to deal with the dying DVD business that has nothing to do
by MichaelApproved 15y ago
What an awful idea. Netflix had to make some bad deals that it now has to live with. They'd also have to deal with the dying DVD business that has nothing to do with Verizon's business model. They'd likely have to find a buyer for that and spin it off. Maybe that's what Netflix was trying to prepare for with quikster.
Netflix owns nothing. Any exclusivity is small and worth very little. There is no value there. If you're a streaming customer, there's nothing keeping you with them once someone comes out with a competing service at a lower price.
Netflix is a distributor that can easily be replaced by any of the big guys: iTunes, Amazon, Microsoft, etc. If Verizon wants to get into this game, they should partner with a big guy who can build the distribution network for them.
- ramidarigaz 15y ago> Netflix owns nothing. Except for customers and a well known brand.
- MichaelApproved 15y agoCustomers who have no loyalty. There's nothing keeping a customer from jumping ship if Amazon creates a similar service at the same or lower price. There's no contract, no setup fee, no hardware that becomes useless with a new provider. They own nothing that's worth buying at anywhere near their current valuation.
- erikwiffin 15y agoAmazon has created a similar service for a lower price. Amazon Prime gives you unlimited access to a large part of their video catalog. For $79 a year instead of Netflix's $7.99 * 12.
- MichaelApproved 15y agoAmazon's service will eventually be similar, if not superior, but right now their limited content keeps them from truly competing with Netflix. I believe Amazon is simply using this as an opportunity to learn the ins and outs while also ramping up their capacity to stream.