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The general consensus in the media industry is that Netflix basically won the streaming wars this year. Every other service is contracting, has a fraction of th

The general consensus in the media industry is that Netflix basically won the streaming wars this year. Every other service is contracting, has a fraction of the viewership, is running at a loss. Netflix is running in the black, has by far the highest viewership (like an order of magnitude over many of them), dominates over seas. The other studios have started to license content again to get every last bit of cash flow they can.

danpalmer 3y ago
I can't help but feel that being in the black (or the degree to which they are) is a short term effect of the password sharing crackdown and the price increases. Both of those are likely to have a drop-off in impact over the long run, especially as the cost of living crisis develops. It makes sense to me that the first thing to go is the other streaming services, as Netflix has such a strong mindshare, but their lack of content is more noticeable all the time, and I think there will be a swing back to cheaper services with at least different content, if not better.
- imbnwa 3y ago
  For me Netflix has the best foreign content selection hands down, look at the impact of RRR (India), Dark (Germany), or Squid Game (Korea). They’ve become _the _ platform for South Korean content when South Korea is ascendant on the global pop culture stage. Somebody on Netflix has been using the ol noggin
- lotsofpulp 3y ago
  > I can't help but feel that being in the black (or the degree to which they are) is a short term effect of the password sharing crackdown and the price increases. The numbers disagree. Net income and profit margin was doing great even before password sharing crackdown. https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-income https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-i... https://www.macrotrends.net/stocks/charts/NFLX/netflix/profit-margins https://www.macrotrends.net/stocks/charts/NFLX/netflix/profi...
awongh 3y ago
They're starting to publish viewership statistics as part of the writer's strike agreement- is that what you're basing this on? I don't follow that closely but I hadn't heard anything either way about how things were going.

danpalmer 3y ago

I can't help but feel that being in the black (or the degree to which they are) is a short term effect of the password sharing crackdown and the price increases. Both of those are likely to have a drop-off in impact over the long run, especially as the cost of living crisis develops. It makes sense to me that the first thing to go is the other streaming services, as Netflix has such a strong mindshare, but their lack of content is more noticeable all the time, and I think there will be a swing back to cheaper services with at least different content, if not better.

imbnwa 3y ago
For me Netflix has the best foreign content selection hands down, look at the impact of RRR (India), Dark (Germany), or Squid Game (Korea). They’ve become _the _ platform for South Korean content when South Korea is ascendant on the global pop culture stage. Somebody on Netflix has been using the ol noggin
lotsofpulp 3y ago
> I can't help but feel that being in the black (or the degree to which they are) is a short term effect of the password sharing crackdown and the price increases. The numbers disagree. Net income and profit margin was doing great even before password sharing crackdown. https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-income https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-i... https://www.macrotrends.net/stocks/charts/NFLX/netflix/profit-margins https://www.macrotrends.net/stocks/charts/NFLX/netflix/profi...

awongh 3y ago

They're starting to publish viewership statistics as part of the writer's strike agreement- is that what you're basing this on? I don't follow that closely but I hadn't heard anything either way about how things were going.