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My favorite part about this is that a lot of the rights holders are losing their shirts on their alternative streaming services, because it turns out making con

My favorite part about this is that a lot of the rights holders are losing their shirts on their alternative streaming services, because it turns out making content is different than running a profitable streaming service. Peacock and Disney+ are losing huge money, Amazon is introducing commercials or an upcharge to their service because they've been spending on their own content with abandon (I can't imagine why WoT costs per episode what I read it costs), and I don't know how appletv+ is doing in 2023 but in 2022 and 2021 they were also losing huge sums of money. Is netflix the only major streaming service that makes money at this point? Everyone decided "I can cut out the middleman and keep the money in my pocket" and they all lost hugely on that strategy.

vrosas 3y ago
Funny to think back on all those HN/Reddit stock threads parroting “anyone can put a video on a CDN Netflix is doomed lmao” as if being responsible for a double digit percentage of the entire internet’s bandwidth was some intern project.
- LegitShady 3y ago
  The real hard part was always customer acquisition and retention. I got free apple tv+ with an ipad I bought and I couldn't find a reason to keep it after the free trial ran out. I roam different video services, switching every month or two. I don't have time to need all the services at once anyways.
imbnwa 3y ago
Of all the platforms I don’t think Apple is actually interested in replacing Netflix
- LegitShady 3y ago
  apple has been in the content licensing and user distribution business for a long time with books, music, etc. Its a logical extension of their business. But they have more money than god and if their studio spending far outweighs its income they can absorb that with prophets from other divisions. Also, apple has the problem where they have more money than they know what do with - if they can figure out a profitable movie and tv studio then it would be an honest to god diversification.

vrosas 3y ago

Funny to think back on all those HN/Reddit stock threads parroting “anyone can put a video on a CDN Netflix is doomed lmao” as if being responsible for a double digit percentage of the entire internet’s bandwidth was some intern project.

LegitShady 3y ago
The real hard part was always customer acquisition and retention. I got free apple tv+ with an ipad I bought and I couldn't find a reason to keep it after the free trial ran out. I roam different video services, switching every month or two. I don't have time to need all the services at once anyways.

imbnwa 3y ago

Of all the platforms I don’t think Apple is actually interested in replacing Netflix

LegitShady 3y ago
apple has been in the content licensing and user distribution business for a long time with books, music, etc. Its a logical extension of their business. But they have more money than god and if their studio spending far outweighs its income they can absorb that with prophets from other divisions. Also, apple has the problem where they have more money than they know what do with - if they can figure out a profitable movie and tv studio then it would be an honest to god diversification.