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> Netflix owns nothing. Except for customers and a well known brand.
by 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.